Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before a meeting in Algiers with other producers, four sources familiar with the plan said. Perry told of plans before Algiers talks By Olesya Astakhova and Rania El Gamal. US President Donald […]
Day: October 3, 2018
HOEC signs contract with government for Assam oil block
Ruia family-owned Essar Group has started supply of gas produced from coal seams to state-owned GAIL India. In a tweet, the group said Essar Oil and Gas Exploration and Production Ltd (EOGEPL) “commenced supply of CBM gas from its Raniganj East block (in West Bengal) to GAIL.” EOGEPL had in August signed a 15-year contract […]
SoftBank to offer free power from solar plants in India: Masayoshi Son
SoftBank Energy, which is trying to find a strong footing in India would offer free power from its solar power plants in India. Speaking at the second Re-Invest conference, Masayoshi Son, CEO, SoftBank announced that their solar power plants would offer free power to all member countries of International Solar Alliance (ISA) “As long as […]
IAF, govt had no role in Rafale deal, Dassault selected partner: Dhanoa
Amid the raging row over the Rafale fighter jet, Indian Air Force chief Air Chief Marshal B S Dhanoa Wednesday said the deal was a “good package” and the aircraft will be a “game-changer” for the subcontinent. Dassault Aviation selected the offset partner and the government and Indian Air Force had no role in it, […]