January 26, 2015
The rapid downward spiral of crude oil prices in the last three months or so has flummoxed even the most seasoned market participants. Now that a new reality has hit the market – oversupply, deman...
Puttur (Dakshina Kannada dist), Jan 24
The Central government has shown interest in setting up a PCPIR (petroleum, chemicals, petrochemicals investment region) in Mangaluru.
Inaugurating the third edition of Agri Machinery Fai...
US airlines on Thursday forecast enormous fuel savings in 2015 but hinted that ample consumer demand would allow them to avoid fare discounts and pass savings on to shareholders.
Hyderabad, Jan 22
Swiss Solar Technology Consortium has agreed to partner with the Andhra Pradesh Government by setting up a committee and work on smart cities initiative. During an interaction with the A...
New Delhi, Jan 21
Natrual gas production in the country fell 3.4 per cent to 2.896 billion cubic meters in December 2014 from 3.001 billion cubic meters in the same month previous year.
Production from off...
NEW DELHI, Jan 16
India imported 42 per cent more Iranian oil last year over 2013 levels as its refiners increased purchases to take advantage of an easing in sanctions targeting Tehran's nuclear programme.T...
New Delhi, January 14
The Centre has approved an investment of ₹996 crore for capital projects of the Central Power Research Institute. In a statement, the Power Ministry said that that the approval was given to serve...
Hyderabad, January 13
India aims to have 100 GW of installed solar capacity by 2022; it currently has 3,500 MW
NEW YORK, Jan 27
Blackstone Group LP, the world's largest alternative asset manager, is raising its first energy-focused credit fund, according to people familiar with the matter, the latest sign that private equi...
Islamabad, Jan 25
A massive power failure hit Pakistan after midnight as authorities struggled today to restore electricity supply in the country which has been plagued by a crippling energy crisis.
Pune, Jan 23
Pune-based manufacturer and distributor of bio-fuels, My Eco Energy (MEE), plans to set up green corridors along four national highways in Maharashtra, and will establish nearly 500 bio-fuel retai...
Mumbai, Jan 22
Debt-laden Suzlon today said its $1.2-billion sale of German arm Senvion to US-based VC fund Centrebridge Partners is at a “minor loss”, but will reduce the firm’s interest burden, free up liquidi...
New Delhi, January 21
Companies plan to ramp up capacity,raise customer awareness
New Delhi, Jan 16
In a bid to augment supply of environment friendly fuel, the Government today allowed private manufacturers of bio-diesel to sell it directly to consumers like Indian Railways.
New Delhi, January 15
The public sector power generation equipments major, Bharat Heavy Electricals Limited (BHEL) has bagged a contract for setting up a Combined Cycle Power Plant (CCPP) in Karnataka. It will on EPC (...
New Delhi, Jan 14
The Government on Wednesday approved an investment of ₹ 996 crore for capital projects of the Central Power Research Institute.
In a statement, the Ministry of Power said that the approva...
ABU DHABI, Jan 13
OPEC won't change its oil production strategy and any sudden rebound of prices is unlikely, United Arab Emirates oil minister Suhail bin Mohammed al-Mazroui said on Tuesday.Mazroui was spea...