A day after its inauguration, India’s first semi-high speed train, Vande Bharat Express (also known as Train 18) broke down on Saturday, 16 February, The Indian Express reported. According to the newspaper report
India is expected to complete its second-largest auction to distribute piped natural gas in urban areas by February-end as the world’s third-biggest oil importer looks to reduce dependence on dirtier fuels to curb emissions and switch to cleaner alternatives.
India plans to set up a gas trading hub to sell the fuel at market-determined prices as it looks to move away from dirtier alternatives. That still may take years.
Mitigating climate change is easy. We need only make it more expensive to emit greenhouse gases. Unfortunately, that would also make energy more expensive, and many people would prefer that governments make energy less expensive.
India has reduced the size of the tender aimed at boosting local manufacturing of solar modules to less than a third as it received only a single bid.
Adani Gas Ltd. surged the most in nearly two months after India’s top court nullified orders restricting its network expansion. Shares jumped as much as 6.8 percent to 94.55 rupees, the biggest intraday gain since Dec. 5
A possible move by Donald Trump to hurt Venezuela’s oil industry could prove a shot in the arm for the Xi Jinping and Narendra Modi administrations.
Adani Power Ltd is close to acquiring the GMR Chhattisgarh power project under the Samadhan Scheme of State Bank of India, two bankers in the know told BloombergQuint on condition of anonymity.
The U.S. plans to grant no new waivers to buyers of Iranian oil as it intensifies efforts to eliminate the Middle Eastern producer’s exports of crude, a senior official said. U.S. sanctions have so far cut Iran’s exports to about 1 million barrels a day from a level of 2.7 million
OPEC and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organization’s top official.