India is in talks with the United States to extend a waiver on sanctions imposed on Iran’s crude oil exports, a senior Indian official said on Thursday
Day: February 1, 2019
13th edition of Petrotech to be held in Greater Noida in February
NEW DELHI: Energy Ministers from 18 countries, top industry executives, and over 7000 delegates from 70 countries will converge in Greater Noida in February to discuss the way forward for the energy sector at the 13th edition of Petrotech, the bi-annual international oil and gas conference hosted in India.
NGT seeks committee’s view to limit petrol pumps across the country
NEW DELHI: The National Green Tribunal has directed a committee comprising officials from the Ministry of Petroleum and the Central Pollution Control Board to look into the issue of increase in number of petrol pumps across the country
Subsidised LPG price cut by Rs 1.46; non-subsidised rate reduced by Rs 30 a cylinder
NEW DELHI: Domestic cooking gas (LPG) price was cut by Rs 1.46 per cylinder Thursday, the third straight reduction in a month’s time due to tax impact on reduced market rate
Government to auction PPAs to revive 10,000 MW of stressed power plants
New Delhi: The government expects to put 10,000 MW of stressed power assets on track through auctions, starting with 5,000 MW of power purchase contracts to be offered in the next
Thermax inaugurates Rs 166-cr manufacturing facility in Andhra Pradesh
Energy and environment solutions provider ThermaxNSE -0.10 % Thursday inaugurated its new manufacturing facility in Sri City, Andhra Pradesh, built with an investment of Rs 166 crore. “The company’s latest production unit will manufacture a wide range of vapour absorption
Karnataka saving on hydel & coal stock to meet Bengaluru’s summer demand
Bengaluru’s technology and manufacturing hubs as well as shopping malls are unlikely to face any power shortage in summer months with the Energy department taking steps to conserve hydel and coal resources right away.
Deepak Talwar acted as middleman in civil aviation agreements which caused loss to Air India
NEW DELHI: The Enforcement Directorate (ED) has alleged that “corporate lobbyist” Deepak Talwar acted as a “middleman” in bilateral service agreements signed with West Asian countries as well as aircraft purchases by the state owned Air India.
Oil prices nudges higher as OPEC reduces output
U.S. oil prices edged higher on Friday, recovering from losses of nearly 1 percent in the previous session, as data showed major exporters are quickly reducing output in line with a supply cutting pact. U.S. West Texas Intermediate (WTI) futures were at $53.96 per barrel at 0009 GMT, up 17 cents, or 0.3 percent, from […]
Govt floats tender to tie up 2.5 GW PPAs with stranded plants
After the pilot scheme to procure electricity from 2,500 MW capacity without power purchase agreements (PPAs) evoked a lukewarm response from the industry, the Union power ministry has floated the second round of a similar tender where it has sweetened a few bid conditions to attract more independent power plants.
Opec oil output drops in January on Saudi cut, outages and sanctions
LONDON: OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as top exporter Saudi Arabia over-delivered on thye group’s supply
Oil nudges higher as OPEC reduces output
SYDNEY : US oilNSE 1.64 % prices edged higher on Friday, recovering from losses of nearly 1 percent in the previous session, as data showed major exporters are quickly reducing output in line with a