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Latest Articles in Energy Infra

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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India's Fuel Demand Recovery Gathers Pace As Lockdown Eases

State retailers sold 24% more LPG in the first half of May from a year ago at 1.2 million tonnes.

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IOC Nears First Deal To Export Fuel To Bangladesh

Indian Oil Corp placed premiums to Middle East quotes of $2.60 a barrel for diesel and $4.48 for gasoline 95

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India's Fuel Demand Recovery Gathers Pace As Lockdown Eases

Demand for refined fuel is expected to get another boost from Monday as India has lifted more restrictions under its extended lockdown that runs until May 31.

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IOC Close To First Tender To Export Fuel To Bangladesh

BPC has sought 870,000 tonnes of gasoil with sulphur content of no more than 500 parts per million (ppm), 120,000 tonnes of jet fuel

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