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Latest Articles in Energy Infra

Oil Prices Recover Some Ground, But Economic Concerns Weigh

Brent crude was up 12 cents, or 0.21 per cent, at $58.38 a barrel by 0425 GMT, while U.S. West Texas Intermediate futures gained 20 cents, or 0.37 per cent, at $54.14 at barrel.

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Oil Prices Fall As Market Eyes Trade War, Awaits Stocks Data

"Oil will struggle to make substantial headway topside this week with no progress on trade talks or meetings even, soft data from Asia and a possible cracking of OPEC's resolve to control production," said Jeffrey Halley, senior market analyst at OANDA.

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Coal India Output Drops 10.3 Per Cent In August

Coal offtake during August too contracted by 10.4 per cent to 40.47 million tonnes as compared with 45.15 million tonnes in the year-ago month, CIL said in a regulatory filing to the BSE.

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India To Overtake China As largest Importer Of Coking Coal: Fitch Solutions

India's coking coal consumption to grow at an annual average rate of 5.4 per cent between 2019 and 2028.

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Oil Set For Biggest Weekly Gain Since July On Trade Dispute Hopes

Brent crude was up 8 cents, or 0.1 per cent, at $61.16 a barrel, by 0420 GMT after adding 1 per cent on Thursday. Brent is heading for a gain of 3 per cent this week.

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Indian Oil Corp Plans $28 Billion Investment By 2023-24 - Chairman

IOC through its 11 refineries controls about a third of India's 5 million-barrel-per-day (bpd) refining capacity.

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Oil Gains, Led By US Crude, As Recession Worries Ease

Brent crude futures climbed 42 cents, or 0.7 per cent, to 59.93 a barrel by 0220 GMT. West Texas Intermediate (WTI) crude futures gained 56 cents, or 1 per cent, to USD 55.49 a barrel.

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Asia's Demand For Low-Sulphur Fuel Drives Hydrogen Gas Consumption: Linde

"The demand for hydrogen has grown steadily over the years at a much faster rate than GDP growth," Linde Plc's Chief Executive Officer Steve Angel told Reuters.

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Oil Rises As Hopes Grow For US-China Trade Breakthrough

Brent crude was up by 26 cents, or 0.4 per cent, at $58.96 a barrel by 0636 GMT, after falling 1 per cent in the previous session, dropping for a third day in a row.

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BPCL To Invest Rs 1,500-1,700 Crore In Floating LNG Terminal In AP

The company will hold 74 per cent interest in the project while the remaining 26 per cent will be with Petronet LNG.

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Rs 1.2 Lakh Crore Investment Planned For City Gas Network Expansion: Pradhan

While Rs 70,000 crore investment was committed in 86 GAs awarded in the 9th city gas bid round in August last year, another Rs 50,000 crore was committed in the 50 GAs awarded in the 10th round in March this year.

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India Could Review Long-Term LNG Contract Prices: Dharmendra Pradhan

The spot price of imported LNG into Japan, one of world's biggest importers of the super-cooled fuel, has more than halved in the last year.

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Oil Falls As Trade War Raises Recession Fears

Brent crude was down 63 cents, or 1.1 per cent, at $ 58.71 a barrel by 0232 GMT, having earlier touched $ 58.24, the lowest since Aug. 15.

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Govt Plans Extra Tax On Vegetable Oil Imports To Boost Domestic Output: Sources

India currently imposes a 40 per cent import tax on crude palm oil and 50 per cent on refined palm oils.

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Oil Prices Nudge Higher, Eyes On Speech By Fed Chair

Brent crude rose 29 cents, or 0.5%, to $60.21 a barrel by 0629 GMT, while U.S. crude futures were at $55.53 a barrel, up 18 cents, or 0.3%. Both contracts were on track for a second week of gains.

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