Last Updated: Wednesday, August 26, 2015, 23:04
The deal is the latest example of energy companies joining forces to help them cope with slumping oil prices , down 60 percent since June last year and hitting new lows each day.
Last Updated: Monday, February 23, 2015, 17:16
India`s largest integrated electric utility company Tata Power Monday said it has signed a preliminary accord with Russia`s largest coal miner Siberian Coal Energy Company (SUEK) to develop opportunities in the energy sector there.
Last Updated: Monday, February 23, 2015, 15:35
"Tata Power announced that it has signed a Memorandum of Understanding with Siberian Coal Energy Company (SUEK) to identify and evaluate opportunities in energy sector in Russia," the private company said in a statement.
Last Updated: Monday, February 18, 2013, 13:21
According to a statement released by the company, two oil columns were discovered during the Darwin drilling programme, which commenced in November 2012.
Last Updated: Saturday, February 2, 2013, 14:51
Exxon Mobil, the largest US energy company, has said its profit rose 6 percent in the fourth quarter of 2012, thanks to higher refining margins.
Last Updated: Friday, January 4, 2013, 00:00
The United Arab Emirates (UAE) and Turkey Thursday signed an inter-governmental agreement worth $12 billion for the development of power plants and associated mines in Afsin-Elbistan region of Turkey.
Last Updated: Thursday, November 29, 2012, 15:26
Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy assets worth over USD 1 billion from BP oil and gas in the UK North Sea.
Last Updated: Saturday, September 17, 2011, 15:46
China's energy company Sinopec said it has discovered a natural gas field with around 160 billion cubic meters of proven reserves, deposited nearly 7 km underground.
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