Oil rises 2% to $62 as energy firms slash investments
Oil this week slumped as low as $58.50 and has almost halved since June as fast-growing US shale output overwhelms demand, with losses accelerating after producer group OPEC decided not to cut output at its meeting last month.
Dec 18, 2014, 20:18 PM IST
Gulf energy subsidies worth $160 bn a year: World Bank
Arab states in the Gulf, which pump a fifth of the world`s crude oil, spend more than $160 billion on energy subsidies annually, a top World Bank official said Tuesday.
Nov 04, 2014, 23:39 PM IST
Green technology in India increases profits productivity: Study
A Michigan University study of 25 garment factories in Bangalore has shown that green technology saves energy, boosts profits and productivity in industrial units.
Oct 30, 2014, 09:25 AM IST
Cyprus, Greece, Egypt to forge tripartite cooperation
Cyprus, Greece and Egypt Wednesday moved closer to forging a common strategy on energy, security and regional issues.
Oct 30, 2014, 05:37 AM IST
Sans crude import, current account would've been 4.6% surplus: Goldman report
The report said the country's domestic supply of energy can increase only gradually, keeping in view environmental constraints and the availability of natural resources.
Jun 22, 2014, 14:08 PM IST
GE sweetens offer for France`s Alstom
General Electric Thursday proposed several industrial alliances and the sale of its signaling business to Alstom as it seeks French government support for its purchase of Alstom`s energy assets.
Jun 19, 2014, 21:21 PM IST
