Latest Articles in Energy Infra
India Electricity Supply Rises After Five Straight Months Of Decline
India's annual electricity demand in 2019 grew at its slowest pace in six years. Electricity supply fell 0.4% in December, 4.2% in November and 12.8% in October, according to the CEA.
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Palm Oil Set For More Losses On China Coronavirus, India Import Curbs
Malaysia's benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange plunged 14.9% in January, its biggest monthly drop since August 2014.
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Sitharaman Proposes Rs 22,000 Cr For Power And Renewable Energy Sector
Rs 22,000 crore to be provided to power and renewable energy sector in 2020-21.
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Core Sector Growth Recovers To 1.3% In Dec
Sectors which recorded positive growth are coal, refinery products and fertiliser.
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Transport Policy In A Month; Focus Will Be On Innovation, Reforms In Public Transport: Gadkari
The policy is being designed in such a fashion that it will focus on innovation and reforms and all obstacles on the way have already been removed.
Read MoreIndian Oil Reports Three-Fold Jump In Q3 Profit At Rs 2,339 Crore
An increase in global crude oil price generally leads to inventory gains as oil marketers that bought the stock at lower prices can sell refined fuel through retail outlets at higher rates.
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Shell Profits Halve On Weak Oil, Gas Prices
Shell took a $1.65 billion charge in the fourth quarter mainly due to impairments on its onshore natural gas fields in North America.
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Oil Falls On Spread Of Wuhan Virus, US Oil-Stocks Build
Brent was down 95 cents, or 1.6%, at $58.86 a barrel by 0738 GMT, having risen 0.5% on Wednesday. US crude was down 84 cents, or 1.6%, at $52.49 a barrel.
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Indigrid Proposes To Acquire ENICL For Rs 1,020 Crore
The acquisition will be funded by internal accruals, proceeds from the preference issue done in May 2019 and new debt.
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We Are Geared Up For A Growing CNG Ecosystem: E.S. Ranganathan, MD, Indraprastha Gas
“Availability wise, natural gas will outlast every other fossil fuel, plus if you will see in an economy like India’s where 57 per cent electricity is generated from coal, natural gas seems to be the most benign alternative.”
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China Flexes Oil Refining Muscle, Upping Pain For Asian Rivals
Chinese exports of diesel, gasoline and jet fuel combined jumped 20% in 2019, reaching as far as Mexico, Nigeria and Italy, and weighing on global refining margins.
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Oil Falls For Sixth Day As China Virus Raises Global Growth, Demand Concerns
Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.
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Qatar Not Keen To Renegotiate LNG Contracts With India: Qatar Minister
Qatar is, however, willing to supply more volumes of LNG to India, said Saad Sherida al-Kaabi, who is in India to meet his counterpart, at an event in New Delhi.
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India's January Palm Oil Imports From Malaysia Could Hit Nine-Year Low
India is set to import less than 70,000 tonnes of palm oil from Malaysia in January, the lowest since April 2011 and significantly lower than the 253,889 tonnes it imported in January 2019, traders and refiners said.
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Oil Slumps Further As China Virus Spreads
U.S. crude was down by $1.24, or 2.3 per cent, to $52.95, having earlier eased to $52.15, the lowest since early October.
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