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Latest Articles in Energy Infra

Decoding Real-Estate Jargons For Homebuyers

The most important factor for buying a home is value for money

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Asia's Iran Oil Imports Plunge To Five-Year Low In October

China, India, Japan and South Korea last month imported about 762,000 barrels per day (bpd) from Iran, according to the data, down 56.4 per cent from a year earlier.

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Wave Of Refinery Shutdowns May Push India Into Importing Fuel Next Year

The refiners will have to shut gasoil- and gasoline-making units at their plants for 15 to 45 days to churn out Euro VI-compliant fuels from January 2020 to be able to sell them from April of that year

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Oil Slips On Record Saudi Output; Markets Eye G20 And OPEC Meetings

Saudi Arabia raised oil production to an all-time high in November, an industry source said yesterday, pumping 11.1 million to 11.3 million barrels per day (bpd) during the month

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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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