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Latest Articles in Energy Infra

Oil Prices Slip After OPEC Warns Of Downside Risks To Demand In First-Half 2021

Brent crude for March was at $51.76 a barrel, down 4 cents or 0.08%, by 0038 GMT while U.S. West Texas Intermediate crude for February fell 9 cents, or 0.2%, to $48.43 a barrel.

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CIL Dec Production Up Marginally, Offtake Down 2.1%

The total output of the Maharatna PSU stood at 156.8 million tonne in October-December 2020, a 6.3 per cent jump, as compared to 147.5 million tonne in the year-ago period.

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Praj Industries Bags Rs 226.90 Cr Order From Indian Oil Corporation

Shares of Praj Industries were trading 5.07 per cent higher at Rs 121.30 apiece on BSE.

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Oil Edges Higher, But Posts 20% Annual Drop In Tumultuous 2020

Prices for 2020 bottomed in April as fuel demand collapsed due to the COVID-19 pandemic and after a price war between oil giants Saudi Arabia and Russia.

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Exxon Signals Up To $20 Billion Writedown To Overwhelm Fourth-Quarter Gains In Oil, Chemicals

The filing after the market closed on Wednesday showed Exxon expects higher prices will sequentially lift its oil and gas operating results by between $200 million and $1 billion.

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Oil Set For 20% Drop In 2020 As Lockdowns Weigh, Market Eyes More Stimulus

Brent was trading down 25 cents, or 0.5%, at $51.38 a barrel, as of 0246 GMT and U.S. West Texas Intermediate (WTI) lost 0.2%, or 11 cents, to $48.29 a barrel.

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Oil Up On Hopes Of Recovery In Demand, Lower US Inventories

Brent crude futures rose 19 cents, or 0.4%, to $51.28 a barrel, by 0255 GMT and U.S. West Texas Intermediate (WTI) crude rose 29 cents, or 0.6%, to $48.29.

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SAIL Turnaround A Challenging Experience In 36-Yr-Long Career, Says Outgoing Chairman

From a debt level of Rs 50,638 crore in September 2020, the company aims to bring it down to around Rs 45,000 crore by the end of this month, and Rs 40,000 crore by the end of the ongoing fiscal,

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A Historic Oil Price Collapse, With Worries Headed Into 2021

The Cboe Crude Oil ETF Volatility Index surged to a record 517.19 in April. The index has since dropped to around 40, but that is still about 60% higher than this time a year ago, Refinitiv Eikon data shows.

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Oil Gains On Hopes US Pandemic Stimulus Payments To Spur Fuel Demand

Brent crude futures climbed 36 cents, or 0.7%, to $51.22 a barrel, as of 0151 GMT and U.S. West Texas Intermediate (WTI) crude futures added 34 cents, or 0.7%, to $47.96 a barrel.

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Crude Oil Futures Rise On Spot Demand

On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 16, or 0.45 per cent, at Rs 3,570 per barrel in 1,436 lots.

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Power Sector Limping Back To Normal; Ensuring 24X7 Power Supply, Discoms' Fin Health Key Challenges

Power consumption on a year-on-year basis declined 8.7 per cent in March, 23.2 per cent in April, 14.9 per cent in May, 10.9 per cent in June, 3.7 per cent in July and 1.7 per cent in August.

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Is Hydropower Good For Environment: Food For Thought

Hydro power plants run between 35% to 50 % of the year of their full capacity. Run of the river projects have lower power generation potential as compared to those built with huge dams.

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Coal India Set To Diversify Into Non-coal Mining Areas In 2021

The coal sector also faced rough weather in 2020 as fuel demand slumped due to sluggish economic activities in the wake of the coronavirus pandemic.

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CIL Board Approves Venturing Into Aluminium, Solar Sectors

Coal India (CIL), which accounts for over 80 per cent of domestic coal output, has expertise in mining.

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