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Latest Articles in Energy Infra

Oil Gains With Supply Constraints In Focus After Saudi Cuts

Brent crude was up 44 cents, or 0.8%, at $54.74 a barrel by 0734 GMT, after gaining 1.3% overnight. U.S. West Texas Intermediate (WTI) gained 51 cents, or 1% to $51.14. The contract rose 1.4% on Wednesday.

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Oil Rises To 10-Month High After Saudi Output Cut, US Inventory Draw

Brent crude settled up 70 cents, or 1.3%, at $54.30 a barrel. Earlier in the session, it hit a high of $54.73 a barrel, a level not seen since Feb. 26, 2020.

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Petrol Price Nears All-Time High After Oil Cos Hike Rates After Month-Long Hiatus

Petrol price was raised by 26 paise per litre and diesel by 25 paise a litre, according to a price notification from oil marketing companies.

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IOC Buys Its First Cargo Of Iraqi Basra Medium Oil - Data, Source

IOC loaded the cargo onto Minerva Kalypso, a suezmax-sized vessel, which left Iraq's southern port of Basra on Jan. 4, the data showed.

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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil contracts for February delivery gained Rs 11.1, or 0.92 per cent, to Rs 1,213.5 per 10 kg in 32,830 lots.

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Brent Oil Rises To Highest Since February After Saudi Arabia Output Cut

Brent crude rose as much as 0.6% to $53.94 a barrel, the highest since Feb. 26, 2020. It was at $53.79 a barrel at 0147 GMT and gained 4.9% on Tuesday.

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2021 Outlook: Trends in Renewable Sector

Government policies that stimulated market growth globally, including measures such as renewable portfolio standards, feed-in tariffs, and a variety of subsidies, accounted for about 60 percent of the overall cost decline.

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December Power Price Falls 3 % To Rs 2.83 Per Unit

when peak demand touched 182.9 gigawatts (GW), IEX electricity markets contributed to a significant 6.9 per cent of the peak demand met.

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OPEC+ Resumes Talks After February Split On Oil Output

OPEC+ producers have been curbing output to support prices and reduce oversupply since January 2017 and cut a record 9.7 million bpd in mid-2020 as COVID-19 hammered demand for gasoline and aviation fuel.

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Oil Prices Tick Up On OPEC Studying Output Cut, Iran Tensions

Brent crude futures for March rose 35 cents to $51.44 a barrel by 0947 GMT, while U.S. West Texas Intermediate crude for February was at $48.04 a barrel, up 42 cents.

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Malaysia End-December Palm Oil Stocks Seen Hitting Over 13-Year Low As Output Falls

Production likely fell 11% to 1.33 million tonnes, its lowest since February, while exports were forecast to have risen 15% to 1.5 million tonnes after a sharp decline in November.

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Power Ministry Proposes Pushing Back Emission Norms Deadline

India initially had set a 2017 deadline for thermal power plants to comply with emissions standards for installing Flue Gas Desulphurization (FGD) units that cut emissions of toxic sulphur dioxide

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“Virtual Power Plant”: Is This The Future Of Energy?

The brain of the Virtual Power Plant is in the main control system, which is supported by the much spoken about Artificial Intelligence (AI) and Internet of Things (IoT).

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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil contracts for February delivery rose by Rs 27.6, or 2.33 per cent, to Rs 1,213 per 10 kg in 28,110 lots.

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Venezuela's Oil Exports Sink To 1940's Level Under Tighter US Sanctions

Venezuela's exports of crude and refined products fell 37.5% in 2020 to 626,534 bpd, the lowest in 77 years. The decrease was even larger for fuel imports, which fell 51% compared with 2019, to 83,780 bpd

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