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Latest Articles in Energy Infra

Oil Rises As US Oil Stockpiles Drop, New Chinese COVID-19 Cases Decline

Brent crude futures climbed 11 cents, or 0.2%, to $56.02 a barrel, adding to a small gain on Tuesday.

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Indian Oil Buys Cargo For Late Feb-March Delivery, Seeks More

IOC is also seeking a cargo for delivery on March 10 to Dahej through a tender which closes on Wednesday,

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Oil Prices Edge Up, But Impact Of Lockdowns Restrain Gains

Brent crude futures for March rose 32 cents, or 0.6%, to $55.73 a barrel by 0729 GMT, while U.S. West Texas Intermediate crude for March was at $52.62 a barrel, up 35 cents, or 0.7%.

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IOC Raises Rs 1,290 Cr In Debt

IOC shares were trading almost 2 per cent lower on the BSE at Rs 93.80.

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BP's Oil Exploration Team Swept Aside In Climate Revolution

BP is cutting some 10,000 jobs, around 15% of its workforce, under Looney's restructuring, the most aggressive among Europe's oil giants including Royal Dutch Shell and Total.

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Oil Prices Fall For Second Session As COVID-19 Lockdown Concerns Cast Pall Over Demand Prospects

Brent crude futures for March fell 15 cents, or 0.3%, to $55.26 a barrel by 0158 GMT, while U.S. West Texas Intermediate crude for March was at $52.19 a barrel, down 8 cents, or 0.2%.

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Artificial Intelligence And The Power Sector: A Promising Future

AI powers electrical grids that allow two-way communication between utilities and consumers. Smart grids are embedded with an information layer that allows communication between its various components so they can better respond to quick changes in energy demand or urgent situations.

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Go Digital Or Go Home: India’s Focus On Renewables Looks Promising But Is It Sufficient?

Blockchain is gaining traction in P2P power trading, where owners of small-scale generation can sell excess power directly to other consumers.

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Oil Falls On China's COVID-19 Cases, High Crude Build

Recovering fuel demand in China underpinned market gains late last year while the United States and Europe lagged, but that source of support is fading as a fresh wave of COVID-19 cases has sparked new restrictions.

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Oil Drops As New COVID Cases In China Trigger Clampdowns

Brent crude futures fell 45 cents, or 0.8%, to $55.65 a barrel, erasing a 2 cent gain on Thursday.

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Oil Rises On US Stimulus Hopes, Tighter Market Under Biden

Brent crude settled at $56.08 a barrel, gaining 18 cents. U.S. West Texas Intermediate (WTI) crude settled at $53.24 a barrel, climbing 26 cents.

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India's Oil Imports At Near Three-Year High In December - Trade

India's annual crude imports declined by about a tenth in 2020 from the previous year to 4.04 million bpd, the lowest in five years,

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India Blames Saudi Oil Output Cut For Surge In Oil Prices

Pradhan said the efforts to cut output, coordinated by OPEC Secretary-General Mohammad Sanusi Barkindo, were creating confusion for consumer countries.

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Oil Gains On Stimulus Optimism Ahead Of Biden Inauguration

Brent futures for March delivery rose $1.15, or 2.1%, to settle at $55.90 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 62 cents, or 1.2%, to settle at $52.98.

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Lithium Discovered In India: What Does It Mean For Renewables?

India needs lithium to produce lithium-ion batteries used for electrification of transport and storage of renewable energy to boost the nation's efforts towards electrification of transport.

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