energy firms

German energy firms earn profits, despite N phase-out


August 16th, 2012 - 8:06 am ICT by IANS
Berlin, Aug 16 (IANS) Germany's big energy companies are making profits despite a government decision to phase-out atomic energy, industry experts said.At the top of the positive trend is the ... Read more...

Posted in Business |

Gazprom offers gas price discounts to EU firms


June 28th, 2012 - 5:35 pm ICT by IANS
Moscow, June 28 (IANS/RIA Novosti) Russian energy giant Gazprom will offer West European consumers 20 billion rubles ($615 million) in price discounts this year."Retroactive payments will amount to 20 billion ... Read more...

Posted in Business |

India seeks Qatari investment in oil and gas sector


October 28th, 2011 - 7:59 pm ICT by IANS
New Delhi, Oct 28 (IANS) Petroleum Minister S. Jaipal Reddy Friday urged Qatar to increase supply of crude oil and liquefied natural gas (LNG) and invest in Indian public sector ... Read more...

Posted in Business |

Secret memos expose link between UK Govt, oil firms and invasion of Iraq


April 19th, 2011 - 12:45 pm ICT by ANI
London, Apr. 19 (ANI): British Government documents have revealed plans to exploit Iraq's oil reserves and the world's largest oil companies the year before Britain took a leading role in invading Iraq.According ... Read more...

Posted in World |

Pakistan to tap foreign experts to head oil, gas firms


April 18th, 2011 - 1:46 pm ICT by IANS
Karachi, April 18 (IANS) The goverment has decided to revamp the top managements at state-run oil and gas companies and "candidates for the top posts at these companies will ... Read more...

Posted in Business |

US team in India to discuss nuclear cooperation (Lead)


February 7th, 2011 - 7:39 pm ICT by IANS
New Delhi, Feb 7 (IANS) A high level delegation from the US energy department is on a 10-day visit to India to discuss ways of cooperation and partnership in the nuclear ... Read more...

Posted in Business |

Vedanta to pick up majority stake in Cairn India (Lead)


August 16th, 2010 - 4:31 pm ICT by IANS
Mumbai, Aug 16 (IANS) Miner Vedanta Resources Monday said it will acquire 51-60 percent of oil producer Cairn India in a deal worth $8.5-9.6 billion to enter the oil and gas space ... Read more...

Posted in Business |

‘Businessman’ Zardari urges Chinese companies to invest more in Pakistan


July 11th, 2010 - 4:17 pm ICT by ANI
Beijing, July 11 (ANI): Describing himself as country's first 'businessman' President, Pakistan President Asif Ali Zardari has called upon Chinese companies to invest more in the country.Addressing the Pak-China Alternate Energy Forum ... Read more...

Posted in South Asia |

Reliance Power soars post merger announcement


July 5th, 2010 - 5:27 pm ICT by IANS
Mumbai, July 5 (IANS) The Reliance Power scrip gained 3.5 percent Monday, a day after the Anil Dhirubhai Ambani Group (ADAG) announced that another group firm, Reliance Natural Resources, was merging with ... Read more...

Posted in Business |

Two Anil Ambani group firms propose $11 bn merger deal


July 4th, 2010 - 5:48 pm ICT by IANS
Mumbai, July 4 (IANS) The boards of two energy firms belonging to the Reliance Anil Dhirubhai Ambani Group (ADAG) -- one in the business of generating power and the other ... Read more...

Posted in Business |

Boards of two energy firms of Anil Ambani group to decide merger


July 3rd, 2010 - 3:21 pm ICT by IANS
Mumbai, July 3 (IANS) The boards of two energy firms belonging to the Reliance Anil Dhirubhai Ambani Group (ADAG), one in the business of generating power and the other that trades and ... Read more...

Posted in Business |

Two energy firms of Anil Ambani group set to merge


July 2nd, 2010 - 7:38 pm ICT by IANS
Mumbai, July 2 (IANS) The Reliance Anil Dhirubhai Ambani Group (ADAG) Friday said the boards of two of its companies -- one in the business of generating power and the other that ... Read more...

Posted in Business |

Bolivia, Argentina sign revised natural gas deal


March 28th, 2010 - 11:47 am ICT by IANS
Sucre (Bolivia), March 28 (IANS/EFE) The Bolivian and Argentine governments have made updates to a natural gas contract dating back to 2006, establishing guarantees for both sides and also for construction of ... Read more...

Posted in Business |

Westinghouse talks with Indian companies for n-business


February 3rd, 2010 - 9:03 pm ICT by IANS
New Delhi, Feb 3 (IANS) Even as India and the US are yet to complete procedures for resuming atomic trade, Westinghouse Electric Company Wednesday said it is engaged in talks with three ... Read more...

Posted in Business |

Cases of economy, not big corporates, get priority: CJI


January 11th, 2010 - 11:44 pm ICT by IANS
New Delhi, Jan 11 (IANS) Seeking to dispel popular perception that the courts often accord early hearing to cases involving big corporates, Chief Justice of India K.G. Balakrishnan Monday asserted that the ... Read more...

Posted in Uncategorized |

Uttar Pradesh officials meet potential investors in Mumbai


October 27th, 2009 - 2:35 pm ICT by IANS
Lucknow, Oct 27 (IANS) Two years after pushing Mukesh Ambani's giant Reliance Fresh out of the state, Uttar Pradesh Chief Minister Mayawati has begun trying to attract investments. As part of this process, ... Read more...

Posted in Business |

Reliance Industries bound to supply gas to us: Anil Ambani firm


September 9th, 2009 - 8:27 pm ICT by IANS
New Delhi, Sep 9 (IANS) Anil Ambani group firm Reliance Natural Resources Ltd (RNRL) Wednesday told the Supreme Court that Reliance Industries Ltd (RIL), belonging to elder brother Mukesh Ambani, was under ... Read more...

Posted in Business |

Gujarat government to have climate change department


September 9th, 2009 - 5:27 pm ICT by IANS
Gandhinagar, Sep 9 (IANS) The Gujarat government has decided to establish a department of climate change to attract more renewable energy generation projects to the state. A senior official in the chief minister's ... Read more...

Posted in Business |

US stocks fall on consumer confidence


July 11th, 2009 - 4:49 am ICT by IANS
New York, July 11 (DPA) US stocks edged lower Friday on falling oil prices and a worse-than-expected consumer confidence report, ending a rough week on Wall Street. Crude oil has posted its biggest ... Read more...

Posted in Business |

State-run firms tie up to secure coal supplies abroad


May 21st, 2009 - 5:18 pm ICT by IANS
Mumbai, May 21 (IANS) State-run energy firms have floated a joint venture for overseas acquisition of coal mines and securing cooking and thermal coals supplies. The new company, International Coal Ventures, would ... Read more...

Posted in Business |

Moscow summit ‘last chance’ to resolve gas crisis: EU


January 17th, 2009 - 3:43 am ICT by IANS
Brussels/Moscow/Kiev/Berlin, Jan 17 (DPA) Saturday's gas summit between Russia and Ukraine is the "last and best chance" for both sides to salvage their reputation as reliable suppliers, the European Union (EU) said ... Read more...

Posted in World |

Gazprom turns taps back on as ‘gesture of good will’


January 11th, 2009 - 5:54 am ICT by IANS
Moscow, Jan 11 (DPA) Russian energy monopoly Gazprom said Saturday that it had resumed "to a minimal extent" gas deliveries via Ukraine after days of leaving the taps turned off over a ... Read more...

Posted in Uncategorized |

After government pressure, oil strike called off (Intro Roundup)


January 9th, 2009 - 10:48 pm ICT by IANS
New Delhi, Jan 9 (IANS) A strike by public sector oil firms that almost crippled India was called off after three days Friday evening, soon after the government warned that the strikers ... Read more...

Posted in Uncategorized |

‘Oil sector crisis to improve by Monday’


January 9th, 2009 - 6:46 pm ICT by IANS
New Delhi, Jan 9 (IANS) The oil sector crisis is expected to improve over the weekend as some striking officers have started returning to work, a senior industry official said here Friday.“The ... Read more...

Posted in Business |

Bolivia nationalizes fuel transport company


June 3rd, 2008 - 2:55 am ICT by IANS
DPA La Paz, June 3 (DPA) The Bolivian government Monday nationalized the fuel transport company Transredes, a subsidiary of British firm Ashmore and the Anglo-Dutch company Shell. In the presence of his Cabinet ... Read more...

Posted in World |

Bolivia nationalises revenue-churning telecom, energy firms (Lead)


May 2nd, 2008 - 8:02 pm ICT by admin
La Paz, May 2 (IANS) Bolivian President Evo Morales has nationalised the country's four major foreign firms in a bid to boost the government's finances at a time when the rich eastern ... Read more...

Posted in World |

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