Tecpro Systems has secured contract worth Rs 83.7 crore from Kanti Bijlee Utpadan Nigam, a subsidiary of NTPC, for supply of ash handling system package for Muzaffarpur thermal power project, stage-II ...

Crude oil prices snapped a volatile session with large cuts of over a percent on the week’s last trading session and furthered the southward journey for the sixth time on the trot as exacerbating problems ...

Hindustan Oil Exploration Company has reported results for fourth quarter and year ended March 31, 2012.On the standalone basis, the company has posted a fall of 69.09% in its net profit at Rs 7.55 crore ...

New Delhi, May 20: A hike in price is a possibility in petrol but not for diesel, given a double-digit retail inflation rate.When the empowered group of ministers, led by finance minister Pranab Mukherjee, ...

Iran's economy minister said oil prices will "certainly" rise if the European Union moves ahead with an embargo in July and that sanctions will backfire on those who impose them. The European ...

And a veteran trader tells us why Goldman might be wrong.

REUTERS - Following is the text of a statement on global oil markets from the Group of Eight leaders gathered at the presidential retreat in Camp David, Maryland. The text was issued by the White House. ...

The Group of Eight leaders are committed to keeping global oil markets supplied as sanctions on Iran's crude supply take force, but did not discuss a specific trigger that would prompt action, a U.S. official ...

Enterprise Products Partners L.P. and Enbridge Inc. announced that the Seaway Pipeline began accepting crude oil today at Cushing, Oklahoma for delivery to the U.S.

In Athens, the homeless are on the streets in growing numbers, soup kitchens feed twice as many people as a year ago, and the poor are diving into garbage bins in search of scrap they can sell. Greece ...

Leaders of the Group of Eight major economies are making progress on addressing the two biggest threats to their economies - the euro zone crisis and very high oil prices, British Prime Minister David ...

Fitch Ratings has downgraded Chesapeake Energy's Issuer Default Rating and senior unsecured ratings to 'BB-' from 'BB' and its preferred stock ratings to 'B' from 'B+'. Fitch has affirmed the company's senior secured revolving credit facility at 'BBB-'.

Chevron and Apache along with other partners have inked a non-binding deal with Japan's Tohoku Electric Power Company Incorporated.

World stocks erased the year's gains o n Friday as investors fled risky investments for safe-haven assets on concerns about the euro zone's deepening debt woes, while U.S. stocks lost ground after the ...

Statoil ASA has passed its operatorship rights of the Vilje field in the North Sea to block partner Marathon Oil Norge, Norwegian unit of Marathon Oil Corporation.

Fitch Ratings has affirmed and simultaneously withdrawn its ratings for Exxon Mobil Corporation , which are as follows:

Barclays Bank PLC announced an investor guidance notification today regarding the iPath® Dow Jones-UBS Natural Gas Subindex Total ReturnSM Exchange Traded Notes .

Puget Sound Energy was recognized at the Asian American Advertising Federation Creative Excellence Awards on May 16. As the leading supplier of energy to the Puget Soun

Vanguard Natural Resources, LLC held its annual meeting of unitholders today. The proposals considered at the Annual Meeting are

The Board of Directors of Chesapeake Energy Corporation today announced that it has adopted a new compensation arrangement for outside directors that reduces compensation by approximately 20% and eliminates the use of fractionally owned aircraft for personal travel by outside directors.

London, May 17: Institutions have lodged their biggest vote of no confidence in the pay policies of a leading company with a massive revolt at Cairn Energy.Investors speaking for more than 67 per cent ...

All hail shale.

Sempra Energy will build the Auwahi Wind farm in southeastern Maui, Hawaii in collaboration with BP Wind Energy.

EnergySource, an independent renewable energy generation company that develops utility scale geothermal power plants, today hosted a dedication ceremony in Imperial County to comme

Fitch Ratings notes that the 5.0% Series B Mandatory Redeemable Preferred Shares issued by Tortoise Energy Capital Corp. , a closed-end fund managed by Tortoise Capital Advisors, LLC, are paid in full following the announced redemption of all outstanding Series B MRPS.

New Delhi: India's largest power producer NTPC Ltd plans to invest Rs 209 billion towards capital expenditure in the current financial year 2012-13, media reports said, citing Chairman Arup Roy Choudhury ...

No sooner had the British Columbia government announced a plan to allow utilities and their customers to underwrite expansion of natural gas vehicle use than the provinc

Research and Markets has announced the addition of the "Global Superconducting Magnetic Energy Storage System

Fitch Ratings has upgraded Thomas & Betts Corporation's Issuer Default Rating and long-term ratings to 'BBB+' from 'BBB' and removed the ratings from Rating Watch Positive.

ATHENS, Greece -- STEALTHGAS INC. (the "Company"), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that ...

MURRAY HILL, N.J. -- By using nitrogen with small amounts of fuel gas as the process gas in arc spraying for anti-corrosion coating, productivity and the workplace environment are improved, according to ...

Ryan Stroschein, co-director of the Agriculture Energy Coalition , today urged Members of the House Agriculture Subcommittee on Conservation, Energy and Forestry to reauthori

“Farm Bill energy programs are working and BIO member companies are beginning to put steel in the ground,” BIO President & CEO Jim Greenwood said today in testimony to the Hous

NGL Energy Partners LP announces Mr. Bryan K. Guderian has been appointed to the board of directors of its general partner, NGL Energy Holdings LLC, effective immediately.

Treadstone Energy Partners, LLC announced today that it has completed the acquisition of an Undisclosed Seller’s interest in the Fort Trinidad Field in Madison and Houston counties, Texas.

Research and Markets has announced the addition of GlobalData 's new company profile "Lucas Energy to Sell Oi

New Delhi: India's largest wind turbine manufacturer Suzlon Energy Ltd Friday said it is in advanced stage to mobilize up to $300 million via new borrowing facilities to refinance foreign currency convertible ...

Van Ness Feldman proudly announces the addition of Lawrence Acker and Brian O’Neill, each as Of Counsel, to the firm’s Washington, DC office.

Kolkata/Mumbai, May 18 (IANS) India's biggest lender, the State Bank of India (SBI), Friday reported a 41.66 percent rise in net profit year-on-year to Rs.11,707 crore in 2011-12 fiscal from Rs.8,265 crore ...

Murphy Oil Corporation announced today that it closed on the sale of $500 million of 4.00% coupon notes which will mature on June 1, 2022. Interest is payable semi-annually on June 1 and December 1, commencing December 1, 2012.

SolarMax Technology Inc. is now a registered contractor with the Western Riverside Council of Government’s new Home Energy Renovation Opportunity Financing program.

Research and Markets has announced the addition of the "Thermodynamics" report to their offering.

Low natural gas prices are expected to continue to exert downward pressure on electricity prices this summer, although there could potentially be more volatility in Southern Califo

MINNETONKA, Minn. -- Black Ridge Oil & Gas, Inc. (formerly known as Ante5, Inc.) previously issued a press release on May 15, 2012 announcing its financial results for the fiscal quarter ended March 31, ...

NEW YORK -- Warren Resources, Inc. today announced that Mr. Norman F. Swanton is stepping down and will no longer serve as Chairman of the Board of Directors, Chief Executive Officer of the Company or ...

NuStar Energy L.P. and NuStar GP Holdings, LLC announced today that Curt Anastasio, CEO and President of NuStar Energy L.P. and NuStar GP Holdings, LLC, will present at the 2012 Master Limited Partnership Investor Conference, sponsored by the National Association of Publicly Traded Partnerships, in Greenwich, Connecticut …

Enduro Royalty Trust announced today a cash distribution to the holders of its units of beneficial interest of $0.146649 per unit, payable on June 14, 2012, to unitholders of record on May 31, 2012.

Suzlon Energy is seeking up to 45 more days from bondholders to repay foreign currency bonds maturing in June while it works on raising as much as $300 million in loans, the wind turbine maker said on ...