Vienna  - The price for oil produced by

Vienna - The price for oil produced by the Orga

Nicosia, Feb 3: The National Oil and Gas Authority (NOGA) of Bahrain and Shell International Gas and Power Limited have signed a memorandum of understanding (MOU) concerning the feasibility of various gas initiatives in the kingdom.

Bahrain in recent years has experienced a sharp increase in natural gas consumption and has been exploring ways of meeting demand both through the development of the country''s own gas resources and through imports.

Jaipur, Feb 3: Congress President Sonia Gandhi will dedicate the 1,054-km Mundra-Delhi oil pipeline to the nation at Bagru town near Jaipur today.

It is project of Hindustan Petroleum Corporation Ltd. (HPCL) and was built in just 36 months at a cost of 1,757 crore rupees. It is the country''s longest oil pipeline.

The pipeline passes through eleven districts spread over Gujarat, Rajasthan and Haryana.

Brussels  - More energy from wind power came online in Europe in 2008 than from any other energy source, the European Wind Energy Association (EWEA) reported Monday.

Of new energy-generating capacity that went online in that year, 43 per cent came from wind power, the group said. That meant an average of 20 wind turbines installed every working day of that year.

Belgrade  - Russian energy giant Gazprom completed the purchase of a majority stake in the Serbian oil monopoly NIS Monday by wiring 400 million euros (512 million dollars) to Belgrade.

Serbia and Gazprom agreed the sale of 51 per cent of the NIS capital a year ago, but the deal was delayed by early elections in Serbia, as well as a strife within the new ruling coalition.

Economy Minister Mladjan Dinkic had criticized the deal as unfavourable for Serbia, but his objections faded as the financial crisis began taking its toll in Serbia.