Vienna - Austrian energy provider EVN AG on Thursday reported its net profit decreased by 14.4 per cent to 190 million euros (278.8 million dollars) in the first three quarters of its 2007/08 business year due to higher primary energy prices.
EVN's earnings from operations fell to 165.4 million euros between October 2007 and June 2008, 11.5 per cent less than in the same period of the previous business year.
Lower temperatures helped to collect 8.3 per cent more in revenues, the company said. Sales rose to 1.84 billion euros so far this year, up from 1.70 billion euros.
Vienna (dpa) - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose by 1.28 dollars on Wednesday, amid expectations that the oil cartel would not raise its output at a September 9 meeting.
Karachi, Aug 28 : The CNG (compressed natural gas) is sold in Pakistan at more than double the rate of what it is sold at in India, despite the fact that the former is a producer of the fuel and the latter is an importer, said Sindh Bar Council’s (SBC) Human Rights Committee chairman, Adv Aqil Lodhi in a press statement.
ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, has agreed to acquire LSE-listed Imperial Energy Corporation plc for approximately £1.4 billion (about Rs 11,400 crore).
