ONGC, Cairn Energy decide to team up
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Mumbai: Oil and Natural Gas Corporation (ONGC) and Scottish oil firm Cairn Energy Ltd have decided to team up for oil exploration and production (E&amp;P) in the domestic as well as international markets.
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Tanjong Plc (TJPL.KL: Quote, Profile, Research) , Malaysia&#39;s second-biggest power producer, is seeking a partner to bid for the multi-billion dollar power assets of InterGen, controlled by Royal Dutch/Shell, sources familiar
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Physicists have dreamt about it for decades: harnessing the fusion process that powers the sun to make clean, safe and limitless energy. A multinational pact signed Tuesday may bring that dream a step closer to reality.
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Hitachi Ltd. (6501.T) said on Friday U.S.  merchant power company NRG Energy Inc.  is set to pick  Hitachi and General Electric Co.  to build nuclear power  facilities for $5.2 billion, in what would be Hitachi's first  major overseas nuclear power project.
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SOUTHFIELD, MICHIGAN: General Motors Corp and DaimlerChrysler AG will jointly develop a petroleum-electric power system to catch up with Toyota Motor Corp and Honda Motor Co in so-called hybrid vehicles that save fuel and cut tailpipe emissions.
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The British oil exploration firm Cairn Energy may owe the Indian government more than $6.9m (Â£3.8m) in a dispute over an Indian oilfield, the company said yesterday.
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Two of the nation&#39;s  biggest power companies are teaming up with a solar start-up to  create one of the world&#39;s largest solar power projects, which  they say could make electricity at a competitive price.
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Norwegian firm Hydro and Qatar's state energy company signed a deal to build one of world's largest aluminium plants in the gas-rich Gulf state at a cost of three billion dollars.
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Nova Chemicals Corp., Canada&#39;s largest chemical maker, will join Petroleos Mexicanos, Mexico&#39;s state- owned oil company, and two other partners to study a plan to build a $2 billion petrochemical complex in Mexico.
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Cairn Energy Plc, the largest UK- based oil-exploration and production company, boosted its estimate of recoverable oil reserves at a field in India and reported a decline in first-half profit.
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GreatPoint brings in chemical and energy conglomerates to finance construction of plants that convert coal to natural gas.
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British oil firm Cairn Energy said Tuesday that it will return about 481 million pounds to shareholders from the stock market flotation of its Indian unit in Mumbai.
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Two of Canada&#39;s biggest energy companies, TransCanada Corp. and Petro-Canada Inc., want to build a $660 million liquefied natural gas plant in northeastern Quebec to meet North Americans&#39; insatiable demand for the fuel.
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The deal will create a global offshore oil giant Energy firms Statoil and Norsk Hydro have unveiled plans to merge their offshore oil and gas operations, creating a global industry giant.Comment
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General Motors Corp. and DaimlerChrysler AG, two of the world's biggest automakers, are teaming up to develop fuel-saving hybrid technology for a range of vehicles that will help them compete with hybrid-vehicle leaders Toyota Motor Corp. and Honda Motor Co.
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Team-up will help the companies compete and fill gaps in both firms' portfolios.
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The boards of French energy group Suez and state-owned Gaz de France (GDF) approved at separate meetings Sunday a merger creating a new European power giant, participants told AFP.