Latest Articles in Energy Infra
Oil Breaks Above $60/BBL, But Doubts About Growth Curb Gains
Prices on Friday hit their lowest since October 2017 amid intensifying fears of a supply glut. Brent sank to $58.41 a barrel, while WTI fell to $50.15 a barrel
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Saudi Arabia Oil Pumping At Record High As Trump Raises Pressure
Saudi Arabia agreed to raise supply steeply in June, in response to calls from consumers, including the United States and India, to help cool oil prices and address a supply shortage after Washington imposed sanctions on Iran
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Oil Hits 2018 Lows On Emerging Supply Glut, OPEC Expected To Cut
The fall came even as markets expect the Organization of the Petroleum Exporting Countries (OPEC) to start withholding supply after a meeting planned for Dec. 6
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Indian Oil Corp Says To Buy 180,000 BPD Iranian Oil In 2018/19
The company has a deal to buy 180,000 barrels per day (bpd)Iranian oil this fiscal year
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ABB Talking To Three Asian Suitors About Power Grids Sale: Sources
ABB hopes to announce a deal by the end of next week, one source said, although others said a deal could take longer
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GAIL Might Buy Some Wind Energy Assets Of IL&FS: Sources
The new board of shadow bank IL&FS, which has defaulted on some of its debt, has decided to sell off its assets as part of a restructuring plan
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Oil Rises On Expected OPEC Cuts, But Surging U.S. Supply Drags
OPEC's de-facto leader Saudi Arabia wants the cartel and its allies to cut output by about 1.4 million barrels per day (bpd), around 1.5 percent of global supply, sources told media sources this week
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Saudi Minister Calls For 1 Million BPD Global Oil Output Cut
Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia said Saudi Arabia will cut its production by 500,000 bpd as of next month to help stabilise the market
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Oil Prices Jump After Saudi Arabia Announces December Supply Cut
Saudi Arabia plans to reduce oil supply to world markets by 500,000 barrels per day (bpd) in December, its energy minister said yesterday, as the country faces uncertain prospects in getting other producers to agree to a coordinated output cut
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Saudi To Cut Oil Output As Producers Discuss Price Dip
Saudi Energy Minister Khalid al-Falih announced the kingdom was cutting its supplies by 500,000 barrels per day from December
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Petrol, CNG Pumps In Delhi To Remain Shut Today
There are about 400 petrol pumps in Delhi which also have linked compressed natural gas (CNG) stations and all of them will remain closed for nearly 24 hours in protest from 6 am onwards on October 22 and remain closed till 5 am on October 23
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PM To Brainstorm Oil Scenario With Global CEOs Tomorrow
The third annual meeting to be attended by Prime Minister Narendra Modi, global and Indian oil and gas companies would also deliberate on ways to revive investment in oil and gas exploration and production
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India's Oil Demand To Climb To 500 Million Tonnes Per Year By 2040: Indian Oil
Indian Oil Corp today said that the demand is equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017
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As Petrol Prices Sky-rocket, Indians Look For Ways To Ease The Pain
Taxes on petrol and diesel, which account for more than a third of retail fuel prices, are one of the biggest sources of income for state and central governments
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Coal Import Scam: Adani Group Gets Interim Relief From DRI
As per the DRI, such overvaluing of coal might have been done to help power companies get inflated tariffs for their generating stations
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