News Desk

News Desk

Kansai region a battleground

Retail power and gas heavyweights Kansai Electric Power and Osaka Gas are locked in a struggle for dominance in the Kansai region, whose economy is nearly the size of...

News Desk

Rosneft admits shortcomings

A decision to fund the purchase of a stake in Russian oil major Rosneft via loans from European banks was not effective, Rosneft chief executive Igor Sechin said...

News Desk

Schlumberger eyes recovery

Schlumberger said a recovery in international oil markets was under way, forecasting double digit growth in its biggest segment next year as higher oil prices support...