Saudi Aramco’s no-doubt-hefty IPO prospectus isn’t due out for several days yet. But OPEC’s own annual tome, the World Oil Outlook, dropped Tuesday — and it reads like an essential preamble.
India’s electricity generation fell for the second consecutive month in September at a time when the country’s economic growth slowed to a six-year low. Power generation declined 4.5 percent year-on-year to 113.6 billion units, according to data from the Central Electricity Authority’s website.
A Royal Dutch Shell Plc division took a 20% stake in Indian solar firm Orb Energy Pvt Ltd. as part of a drive to deliver a reliable source of electricity to 100 million people in the developing world by 2030.
The National Highways Authority of India has identified 950 km of highway projects that will be built at a cost of Rs 30,000 crore under the public-private partnership model, the government said on Thursday. The highway projects are spread across eight states.
The Ministry of Power has issued an order allowing thermal power generators to use coal linkage for a period of two years even if they terminate a power purchase agreement on defaults by distribution utilities.
An almost 7% growth in India’s electricity demand at a time when economic expansion has cooled to its weakest in six years may appear as a paradox at first glance. Clarity emerges with a closer look. Power requirement growth in the nation’s most industrialized states decelerated in the April-July perio
India has extended a deadline to submit bids for building solar power equipment factories in the South Asian nation, in another delay to its efforts to boost its nascent domestic manufacturing capacity.
Oil slid as escalating trade tensions between the U.S. and China prompted investors across financial markets to flee risk assets, though West Texas Intermediate pared losses after a report signaled an inventory drop at America’s main storage hub.
India’s Andhra Pradesh has asked developers of all renewable energy projects in the southern state to cut the price of green power and disregard existing contracts, according to people
The downing of an Iranian drone in the Strait of Hormuz wasn’t enough to lift oil prices, which slid to the lowest in almost a month amid pessimism about the global economy.