Around 10,000 workers at German energy group E.ON have been called out on strike from Monday, trade union IG BCE said, after a second round of wage talks ended without an agreement.
Tata Steel trumped JSW with an aggressive allcash bid for 5 million tonne Bhushan Steel and Power, one of the largest non-performing assets in the Indian banking system, said people with knowledge of the matter.
Democratic Republic of Congo’s oil minister on Thursday defended the country’s right to explore for oil anywhere on its territory after media reports that President Joseph Kabila approved drilling in Africa’s largest tropical rainforest reserve.
An abandoned pipeline, belonging to the Oil and Natural Gas Corporation (ONGC) at Erukattur, reportedly cracked causing oil sludge spill in Pandavaiyaru river in Tiruvarur district.
Matshela Koko, a former acting chief executive of South Africa’s sole powerprovider who has been at the heart of corruption allegations at the state utility, has resigned, a spokesman for Eskom said on Friday.
The European Commission on Friday said it had approved a Belgian scheme of certificates for renewable energy and high-efficiency cogeneration plant as in line with the bloc’s climate goals.
ArcelorMIttal, which earlier this week submitted a bid to acquire Essar Steel, has said it exploring the possibility of establishing a 600 MW solar farm by utilizing the land in Karnataka originally allotted to it for a proposed $6.5 billion project to set up a 6 million tonne greenfield steel plant. The company said its decision was prompted […]
Turkish warships continue to impede a rig from reaching a location off Cyprus where Italian energy company Eni is scheduled to drill for gas, the Cypriot government said Monday.
The infrastructure ministries have been asked by the Prime Minister’s Office (PMO) to draw up reports detailing the number and nature of jobs that budgetary allocations will generate in their sectors, officials said.
U.S. oil producer Marathon Oil Corpposted a better-than-expected adjusted quarterly profit on Wednesday, helped by rising crude prices and cost cuts, sending its shares up more than 2 percent in extended trading.