Latest Articles in Energy Infra
Global Energy Investment Expected To Tumble 20% In 2020 Due To COVID Crisis - IEA
Governments are easing restrictions put in place to curb the spread of the virus after the confinement of around 3 billion people brought the global economy to a near standstill.
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Oil Falls On Demand Concerns, Tensions Over Hong Kong
Brent crude futures fell 50 cents, or 1.4%, to $35.67 by 0628 GMT. U.S. West Texas Intermediate (WTI) crude futures were down 52 cents, or 1.5%, at $33.83 a barrel.
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Reliance Power wins lawsuit in Indonesian court challenging validity of Singapore arbitration award
Reliance Power Ltd, a part of the Reliance Group, is a leading private sector power generation and coal resources company.
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Russia Leapfrogs Saudi Arabia As China's Top Crude Oil Supplier In April
Supplies from Saudi Arabia fell to 1.26 million bpd, down from 1.53 million bpd in April 2019 and 1.7 million bpd in March.
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Oil Falls As US-China Tensions Take Toll
Brent was down 19 cents, or 0.5%, at $34.94 a barrel by 0152 GMT. U.S. oil was down by 6 cents, or 0.2%, at $33.19 a barrel.
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UK Court Throws Out Nigerian Oil Corruption Case Against Shell, Eni
The Nigerian government filed the case in 2018 at a commercial court in London alleging payments made by the companies to get the oilfield licence in 2011 were used for kickbacks and bribes.
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NTPC To Expand Renewable Energy Business With ONGC
The government-operated PSUs will explore the setting up of offshore wind and other renewable energy projects in India and overseas.
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Saudi Aramco's Bahri Puts LNG Tanker Plan On Hold
Aramco signed a 20-year agreement to buy LNG from Sempra Energy's planned Port Arthur export terminal and also agreed to buy a 25% equity stake in the first phase of the multi-billion dollar project.
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Oil At Highest Since March On Lower US Inventories, Recovering Demand
Crude prices have slumped in 2020, with global benchmark Brent hitting a 21-year low below $16 in April as demand collapsed.
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Coal Mining Gets a "Private" Push
Sutanu Guru analyzes the major policy change that allows all private sector investors to bid for and run coal mines in the country and how it will reduce dependence on costly imports.
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Malaysia To Strengthen Trade Ties With India After Palm Oil Purchases
Indian buyers contracted up to 200,000 tonnes of Malaysian crude palm oil for June and July, after a four-month gap following a diplomatic row.
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Citing COVID uncertainty, India's ACME Solar Cancels Deal To Supply Power At Record Low Tariff
ACME cited land acquisition delays, the coronavirus outbreak and its impact on suppliers of solar cells and modules in China and delay in setting up of transmission networks as reasons for terminating the contract under "force majeure".
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Saudi Pips Iraq As Top Oil Supplier To India In April
India's oil imports in April totalled 4.63 million barrels per day (bpd), up 5% from March but down 4.1% from April 2019
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Global Green Energy Growth To Fall For First Time In 20 Years - IEA
Growth for 2020 and 2021 combined is expected to be 10% lower than the IEA had previously forecast before the coronavirus outbreak.
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Oil Prices Mixed As Brent Retreats On Profit-Taking After Rally
Brent crude fell 19 cents, or 0.6%, to $34.62 a barrel by 0351 GMT, after earlier touching its highest since April 9.
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