The draft energy policy of the government has proposed enlarging the regulatory ambit of Petroleum and Natural Gas Regulatory Board (PNGRB).
“If you are in the steel business, you are better off not to feel too excited when the going is good and not be too depressed when times are difficult,” says TV Narendran, managing director of Tata Steel, philosophically.
The government will on July 1 commence the first bidding round for oil and gas through an open acreage licensing policy (OALP), allowing bidders to select where they want to drill.
With their Gujarat-based power plants incurring hefty losses, the Adani, Tata and Essar groups are staring at write-downs in the thousands of crores of rupees.
Working on creating a natural resources giant anchored in India, Vedanta’s dream has only just begun and it will invest $6-7 billion in expanding overall capacity in 3-4 years, metals and mining baron Anil Agarwal said.
The Maharashtra Pollution Control Board (MPCB) launched a new Star Rating Programme for air pollution on June 5, 2017–World Environment Day.
French mobility equipment manufacturer Alstom expects the first phase of its Rs 20,000-crore electric locomotive manufacturing facility
Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat firm GSPC to produce gas from its own KG-basin fields in the Bay of Bengal.
The world’s biggest coal users China, the United States and India have boosted coal mining in 2017, in an abrupt departure from last year’s record global decline for the heavily polluting fuel and a setback to efforts to rein in climate change emissions.
Nearly two-thirds of refiners plan to raise investments in digital technologies over the next three to five years, although digital is not one of the top plant investment areas for refiners today, according to research from Accenture.