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Chevron Australia has unlocked more gas discoveries in the Carnarvon Basin, off Western Australia, bringing its total discovery haul to 19 just in the area alone.

REUTERS

2nd Cost Blowout for Chevron’s Gorgon LNG Project in Western Australia as Projected Expenses Go Up to $54 Billion

Oil and gas giant Chevron is blaming the high labour cost, logistical challenges on its remote sites and delays caused by weather as the main reasons why its Gorgon liquefied ...

200 Employees Jobless for Christmas at Wilkie Creek Mine

About 200 employees are about to be jobless as Wilkie Creek Mine announces closure in Queensland

Electricity

Sale of Power Grid gets Bids for 6.7 times Stock on Offer

A 700 billion rupee sale of shares in state-run Power Grid Corp Ltd (PGRD.NS) received bids for 6.7 times the stock on offer by close on Friday, in an issue tha...

Ex-BP Engineer Deleted Evidence on Oil Spill

BP Gulf of Mexico Oil Spill Coverup Case: Former Engineer Kurt Mix 'Deleted Evidence'

Engineer who led Gulf of Mexico oilwell capping operation hid scale of disaster, prosecutors allege.

The British government and American trade groups tell a US court that the US EPA ban against BP is unfair

US Lobby Groups Join UK Government Against BP Environmental Ban

Contract ban condemned as former BP engineer Kurt Mix's trial begins.

IT Service

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Maruti Suzuki  Celerio Pictures Surface Again Ahead of Speculated Launch

Maruti Decides One-Day Halt in Gurgaon Petrol Car Production on Sluggish Demand

05:46 AM ET

India's leading auto manufacturer, Maruti Suzuki, will halt its petrol car production at its Gurgaon plant on Saturday owing to sluggish demand in the market.

Auto

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Maruti Suzuki  Celerio Pictures Surface Again Ahead of Speculated Launch

Maruti Decides One-Day Halt in Gurgaon Petrol Car Production on Sluggish Demand

05:46 AM ET

India's leading auto manufacturer, Maruti Suzuki, will halt its petrol car production at its Gurgaon plant on Saturday owing to sluggish demand in the market.

Energy

Hunting Plc Earnings Performance

Hunting Upbeat on FY 2012 Outlook, Sees Robust Energy Demand Ahead

07:50 AM ET

Hunting Plc started its FY 2012 on a solid footing, as the energy demand remains firm. With a wide product and service offerings f...

Deals

Reliance Communications

Reliance Joins Hands with Samsung to Launch Budget 4G Devices: report

07:53 AM ET

Mukesh Ambani's Reliance Industries (RIL) in its nationwide launch of 4G network has reportedly inked a deal with South Korean tec...