Spanish firm cuts energy deal in Brazil
September 14th, 2012 - 12:39 pm ICT by IANS
Rio de Janeiro, Sep 14 (IANS/EFE) Spanish wind energy firm Gamesa said Thursday it has signed an 843-million-reais ($417 million) contract in Brazil to supply 258 MW of generating capacity.The ... Read more...
Posted in Business |
Essar sets high target of methane extraction in Bengal
August 8th, 2012 - 11:57 pm ICT by IANS
Kolkata, Aug 8 (IANS) Integrated energy firm Essar Energy has set a target of extracting 1 trillion standard cubic metres per day of coal bed methane (CBM) gas from 600 ... Read more...
Posted in Business |
Iraq signs gas deal with Pakistani energy firm
July 16th, 2012 - 6:02 am ICT by IANS
Baghdad, July 16 (IANS) Iraq has signed a deal with a Pakistani energy company to explore for natural gas in eastern Iraq, Xinhua reported."The Iraqi oil ministry is signing a ... Read more...
Posted in South Asia |
Indian Oil, Reliance lead Indian 8 in Fortune 500
July 10th, 2012 - 11:24 am ICT by IANS
Washington, July 10 (IANS) Eight Indian companies have made it to Fortune magazine's 2012 list of world's 500 largest companies with public sector Indian Oil and Mukesh Ambani-led Reliance ... Read more...
Posted in Business |
HCL to develop software for US energy firm
April 23rd, 2012 - 11:49 pm ICT by IANS
Bangalore, April 23 (IANS) India's leading IT services provider HCL Technologies will partner with US-based GridPoint to develop software for smart energy solutions, the company said late Monday."As part of ... Read more...
Posted in Uncategorized |
India, Qatar deepen energy ties, seek to promote investments (News Analysis)
April 13th, 2012 - 6:00 pm ICT by IANS
New Delhi, April 13 (IANS) With growing demands for oil and gas and uncertainty looming over supplies from sanctions-hit Iran, India has sought to deepen energy ties with Qatar. ... Read more...
Posted in Business |
Bangalore firm develops portable solar power generator
April 9th, 2012 - 6:51 pm ICT by IANS
Bangalore, April 9 (IANS) Leading energy firm HHV Solar Technologies Ltd has developed a portable solar photovoltaic power generator with 600 watt capacity for emergency use in remote locations and ... Read more...
Posted in Sci-Tech |
HCL bags deal from Norway-based Statoil
February 13th, 2012 - 9:59 pm ICT by IANS
New Delhi, Feb 13 (IANS) HCL Technologies Monday said it had bagged an infrastructure management services deal from Norway-based energy firm Statoil."This deal win reinforces HCL's dominance in the Nordic ... Read more...
Posted in Business |
Bihar expects industrial turnaround; $50 bn investments in pipeline: Industry Minister (Interview)
January 20th, 2012 - 2:31 pm ICT by IANS
New Delhi, Jan 20 (IANS) Backed by sustained double-digit growth since 2004-05 and improvement in the law and order situation, Bihar, once a metaphor for industrial backwardness, expects some big ... Read more...
Posted in Business |
Italian energy firm to invest $600 mn in Tunisia
January 17th, 2012 - 8:07 am ICT by IANS
Tunis, Jan 17 (IANS) Italy's petroleum company ENI has plans to invest over $600 million in Tunisia in 2012, TAP news agency reported.The company also intends to recruit 160 people ... Read more...
Posted in Business |
Spanish firm buys Russian oil company for $230 mn
December 30th, 2011 - 12:46 pm ICT by IANS
Madrid, Dec 30 (IANS/EFE) Spanish energy firm Repsol YPF SA said Thursday that it spent $230 million to acquire Russian oil company Eurotek, which holds exploration and production permits in ... Read more...
Posted in Business |
Spanish energy firm to invest $640 mn in Bolivia
November 24th, 2011 - 11:58 am ICT by IANS
La Paz, Nov 24 (IANS/EFE) Repsol CEO Antonio Brufau told Bolivian President Evo Morales that the Spanish energy giant plans to invest $640 million in operations in this Andean nation ... Read more...
Posted in Business |
Energy firm Soham raises Rs.125 crore from SBI fund
November 7th, 2011 - 10:11 pm ICT by IANS
Bangalore, Nov 7 (IANS) Independent power producer Soham Renewable Energy India Ltd Monday said it had raised Rs.125 crore from Macquaire-State Bank of India (SBI) Infrastructure Fund (MSIF) to ... Read more...
Posted in Business |
Finland’s energy firm to expand business in India
October 6th, 2011 - 1:02 pm ICT by IANS
Helsinki, Oct 6 (IANS) Finland-based sustainable energy solutions provider Ensto plans to expand its business in India by doubling its headcount by 2012 and setting up a new manufacturing unit."An ... Read more...
Posted in Business |
Libyan rebels to negotiate with Russia on economic issues
September 5th, 2011 - 9:09 am ICT by IANS
Moscow, Sep 5 (IANS/RIA Novosti) Libya's rebel National Transitional Council (NTC) is ready to send its representatives to Moscow to hold talks with Russia on economic issues, Russia's foreign minister ... Read more...
Posted in Politics |
Ex-Wipro executive Paranjpe to head US energy firm
May 26th, 2011 - 10:25 pm ICT by IANS
Bangalore, May 26 (IANS) Former Wipro joint chief executive Girish S. Paranjpe has been named the managing director of US-based Bloom Energy International, the energy firm said Thursday."Paranjpe, who will ... Read more...
Posted in Business |
Finnish energy firm to expand business in India
April 17th, 2011 - 2:03 pm ICT by IANS
Helsinki (Finland), April 17 (IANS) Ensto, a Finland-based provider of sustainable energy solutions, considers India as a more important market than China and plans to expand its business in the ... Read more...
Posted in Business |
Wipro wins IT deal from British energy firm
October 29th, 2010 - 9:54 pm ICT by IANS
Bangalore, Oct 29 (IANS) Wipro's global IT services division won a five-year contract to provide end-to-end services to British power firm Electricity North West, the company said Friday."The strategic partnership envisages delivery ... Read more...
Posted in Business |
US energy firm to invest $2.4 bn for solar power plants
October 8th, 2010 - 4:08 pm ICT by IANS
New Delhi, Oct 8 (IANS) US-based energy firm Bergamo Acquisition Corp Friday said it has entered into a joint venture with an Indian company to construct six solar thermal power plants of ... Read more...
Posted in Business |
You may just need to walk to charge your mobile phone
July 2nd, 2010 - 9:46 am ICT by IANS
Wellington, July 2 (IANS) Now you can potentially charge your cellphone battery just by walking with a new charger which can be fitted with the sole of your shoes and produce ... Read more...
Posted in Business |
Obama slams BP, says ‘way too early’ for optimism
June 5th, 2010 - 5:31 am ICT by IANS
Washington, June 5 (DPA) US President Barack Obama said BP was making progress in capping the massive oil leak in the Gulf of Mexico, but slammed the British energy firm for ... Read more...
Posted in Business |
‘Bio-fuel units in Amazon will reduce climate damage’
May 9th, 2010 - 12:10 pm ICT by IANS
Tome-Acu (Brazil), May 9 (IANS/EFE) Setting up of palm-oil processing plants in Amazon will help reduce environmental damage and generate wealth for the region, Brazilian President Luiz Inacio Lula da Silva has ... Read more...
Posted in Business |
Infotech inks pact with n-energy firm Westinghouse
April 28th, 2010 - 10:23 pm ICT by IANS
Hyderabad, April 28 (IANS) Infotech Enterprises Limited, a leading technology solutions provider, has signed an agreement with Westinghouse Electric Company, the world's pioneering nuclear energy company, for providing engineering services ... Read more...
Posted in Sci-Tech |
German energy firm to invest $133 mn in Indian power plants
April 26th, 2010 - 7:31 pm ICT by IANS
New Delhi, April 26 (IANS) Evonik Energy Services, the Indian arm of German power generation major Evonik Industries, Monday said it plans to pick up equity worth about $133 million (Euro 100 ... Read more...
Posted in Business |
Josef Fritzl ‘makes killer pal in jail’
March 19th, 2010 - 12:43 pm ICT by ANI
London, Mar 19 (ANI): Jailed Josef Fritzl, the Austrian man who imprisoned his sex slave daughter in a secret dungeon for 24 years, has found a pal in a killer who slaughtered ... Read more...
Posted in World |
Mukesh Ambani ranked 5th best CEO in the world
December 18th, 2009 - 7:59 pm ICT by IANS
Washington, Dec 18 (IANS) Reliance Industries chairman Mukesh Ambani has been ranked the fifth best performing CEO in the world by the prestigious Harvard Business Review (HBR) with Apple's Steve Jobs at ... Read more...
Posted in Business |
Colombian firm buys 20 percent stake in RIL blocks (Superseding earlier story)
December 4th, 2009 - 5:18 pm ICT by IANS
Mumbai, Dec 4 (IANS) Colombia's state-run energy firm Ecopetrol has bought a 20 percent stake in two deepwater oil blocks being explored by Reliance Industries Ltd (RIL), the Indian company said Friday.
Reliance ... Read more...
Posted in Business |
Columbian firm buys 20 percent stake in RIL blocks
December 4th, 2009 - 5:03 pm ICT by IANS
Mumbai, Dec 4 (IANS) Columbia's state-run energy firm Ecopetrol has bought a 20 percent stake in two deepwater oil blocks being explored by Reliance Industries Ltd (RIL), the Indian company said Friday.
Reliance ... Read more...
Posted in Business |
Suzlon signs pact with Australia’s energy firm
November 25th, 2009 - 2:45 pm ICT by IANS
Mumbai, Nov 25 (IANS) Pune-headquartered wind power major Suzlon Energy Wednesday signed an agreement with Australia's Infigen Energy to provide 20 units of wind power generators with a capacity to generate 42 ... Read more...
Posted in Business |
Russia to prospect for oil in Cuba
November 5th, 2009 - 2:36 pm ICT by IANS
Havana, Nov 5 (EFE) Russian and Cuban governments have signed four agreements for oil exploration and production on the Caribbean island, official media reported.
Under the accords, Russian state energy firm Zarubezhneft has ... Read more...
Posted in Business |
Cairn India to sell crude to Reliance Industries
November 4th, 2009 - 8:24 pm ICT by IANS
Mumbai, Nov 4 (IANS) Energy firm Cairn India, which operates the Mangala crude oil field in Barmer, Rajasthan, Wednesday said it had concluded an initial agreement to sell crude oil to Reliance ... Read more...
Posted in Business |
Cairn India net up 60 percent
October 29th, 2009 - 7:08 pm ICT by IANS
Mumbai, Oct 29 (IANS) Energy firm Cairn India, which operates the Mangala crude oil fields in Rajasthan, Thursday said its net profit for the quarter ended Sep 30 rose 60 percent to ... Read more...
Posted in Business |
Energy sector key investment destination in Uttar Pradesh
October 29th, 2009 - 6:23 pm ICT by IANS
Lucknow, Oct 29 (IANS) Energy generation has emerged as the most sought-after investment destination in Uttar Pradesh, according to a senior state government official.
"While companies evinced keen interest in setting up projects ... Read more...
Posted in Business |
Brit kids stare at screens for 10hrs a day
August 17th, 2009 - 2:02 pm ICT by ANI
London, Aug 17 (ANI): British children spend ten hours a day glued to TVs, computers, mobiles and games consoles, according to a new survey.The survey by energy firm Npower found that ... Read more...
Posted in World |
Anil Ambani firm asks court to dismiss government stand on gas dispute
July 18th, 2009 - 5:19 pm ICT by IANS
New Delhi, July 18 (IANS) Industrialist Anil Ambani's energy firm, locked in a legal battle with elder brother Mukesh Ambani's Reliance Industries over supply of gas, has asked the Supreme Court to ... Read more...
Posted in Business |