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Latest Articles in Energy Infra

Tata Power: Powering Solutions

Tata Power plans to turn into an energy solutions company from a power developer

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ONGC: Embracing Sustainability

ONGC Aims To Be Global Leader In Integrated Energy Business Through Sustainable Growth

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Saudi Arabia Wary Of Costly Slow Response As Virus Knocks Oil

Oil prices have fallen by more than $11 a barrel this year to $54, alarming producers, as the coronavirus, which has killed more than 1,000 in China, spreads.

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ABB India Wins Orders Worth Rs 191 Crore

ABB will supply industrial drives worth Rs 68 crore to MEIL, an infrastructure company which recently announced its venture into the oil drilling segment.

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Oil Rebounds Amid Broad Market Recovery; Investors Still Wary

Oil supplies out of Brazil have also been growing, with Petrobras having hit a new production record in the last quarter of 2019 at more than 3 million barrels of oil equivalent per day.

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Coal Imports Rise In November After Three Months Of Decline

India’s thermal coal imports fell from August to October, their longest sustained fall in over two years, due to a broader economic slowdown that stifled demand from industrial consumers.

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NMDC Reports 2% Hike In 9M FY20 Profit At Rs 3,259 Crore

NMDC is India's single largest iron ore producer, producing over 35 million tonnes of iron ore from three fully mechanised mines in Chhattisgarh and Karnataka.

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India Coal Imports Rise In November After Three Months Of Decline

Imports of thermal coal - used mainly for electricity generation - rose 12.3% from a year ago to 17.65 million tonnes, whereas coking coal shipments to India fell 5% from a year earlier to 4.18 million tonnes

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Oil Prices Edge Down As Traders Assess China's Oil Demand, Await OPEC+ Cuts

Brent crude slipped to $53.63 a barrel in early Asian trade, the lowest since January 2019, before recovering to $54.37 by 0517 GMT, down 10 cents.

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Adani Electricity Raises $1 Billion In First Dollar Bond Issuance By Private Utility

Adani Group's moves in the dollar bond market displays one of the Indian companies that has successfully tapped the offshore bond markets.

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Industrial Goods, Oil, Gas Get Slammed As China Coronavirus Slashes Demand

China's iron ore futures are headed for their biggest weekly loss in six months, oil prices hit their lowest since January, and Tokyo rubber futures have shed 15% since mid-January.

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Asian Palm Oil Producers Label New EU Safety Limits As 'Trade Barrier'

Palm oil is widely used in food so the move could hurt demand for its use. The tropical oil is already facing restrictions on its use in transportation fuel in the EU.

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Reliance, Chevron Defend Against US Criticism Of Oil Business With Venezuela

Venezuelan exports declined sharply in early 2019, but have since ticked back up to roughly 1 million bpd, as several oil companies resumed marketing or buying the country's oil.

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Oil Rises After Russia Supports Possible Supply Cuts As Coronavirus Spreads

The OPEC+ group, which pumps more than 40% of the world's oil, has been withholding supply and agreed to deepen the cuts by 500,000 bpd from the start of this year, to 1.7 million bpd, nearly 2% of global demand.

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Reliance Says Purchases Of Venezuelan Oil Have Been Approved By The U.S

We are in frequent communications with U.S. government officials regarding Venezuela and continuously keep them apprised of our actions.

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