Latest Articles in Energy Infra
Jet Fuel Refining Margins Turn Negative As Airlines Ground Fleets
Jet fuel prices are down nearly 54% in March alone, while cash differentials for the aviation fuel in Singapore have slumped to their lowest levels in over a year.
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Oil Prices Climb As U.S. Ramps Up Economic Support Measures
Brent crude oil futures for May delivery rose by 62 cents, or 2.3%, to $27.65 a barrel by 0346 GMT while West Texas Intermediate (WTI) crude futures gained 76 cents, or 3.3%, to $24.12.
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IGL To Close Two-Third CNG Outlets As Demand Drops On Corona Lockdown
A total of 55 CNG stations of Indraprastha Gas Ltd shall be in operation during lockdown from March 23, 2020, till March 31, 2020
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Oil Markets Slump Amid Coronavirus Chaos
Brent crude futures fell $1.09, or 4%, to $25.89 a barrel by 0209 GMT. West Texas Intermediate (WTI) crude futures was down 15 cents, or 0.7%, at $22.48 a barrel.
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Asian LNG Spot Prices Rise But Lower European Demand Could Boost Flows
The average LNG price for May delivery into northeast Asia was estimated at $3.50 per million British thermal units (mmBtu), up 20 cents from the previous week.
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OPEC Supply Curbs, US Measures Could Support Oil Prices Near Term
U.S. crude oil prices rose more than $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump said he would "get involved" in the price war at an "appropriate time".
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US Crude Climbs After White House Comments On Saudi-Russia Dispute
U.S. crude futures for April rose 56 cents, or 2% to $25.78 a barrel. The front-month April contract expires later on Friday.
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India's Fuel Demand Drops 11% In March As Coronavirus Hits Aviation, Transport
The country had consumed 19.5 million tonnes of petroleum products in March 2019, official data showed. Assuming consumption in two halves of the month was almost the same, as much as 10 million tonnes of fuel was consumed during the first fortnight of March 2019.
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Global Oil, Gas Producers Cut Spending After Crude Price Crash
North American oil and gas producers have cut capital spending by about 30% on average, data compiled by Reuters showed.
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Tata Power Expands Rooftop Solar Service To 90 Cities Across India
Tata Power is India's largest integrated power company and, together with its subsidiaries and jointly controlled entities, has an installed capacity of 10,763 megawatts.
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Glut Of Crude Swells Across Atlantic Basin On Coronavirus, OPEC+ Hikes
U.S. Gulf Coast has collapsed, traders said. U.S. exports had steadily increased in the last four years to more than 4 million barrels per day recently, but that is now threatened by the flood of cheaper Saudi oil.
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Oil Rockets Nearly 20% As Investors Hail Coronavirus Stimulus Spending - For Now
Brent crude was up $2.10, or 8%, at $26.98 a barrel by 0028 GMT after tumbling 13% on Wednesday in a third day of relentless selling. U.S. oil gained $3.44, or 17%, to $23.81 a barrel after slumping nearly 25% in the previous session.
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Global Oil, Gas Producers Slash Spending After Crude Price Rout
North American oil and gas producers have cut capital spending by about 30% on average, according to data compiled by Reuters. For a factbox.
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Brent Crude Sinks Below $30 A Barrel As Recession Fears Weigh
Brent crude futures fell $1.32 to settle at $28.73, the first time that benchmark has settled below $30 per barrel since 2016.
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Chinese Solar Major Kehua Tech Partners With Oakridge Energy
The company has over 500 installations across residential, industrial and institutional establishments.
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