The Competition Commission of India has given approval for the proposed 100% sale of Reliance Infrastructure’s integrated Mumbai power business to Adani Transmission, the Anil Ambani-led company said in a statement Monday.
The latest surge in US oil output will probably hasten the country’s rise to the top of the producer pile.
India will press Saudi Arabia and the US, the world’s biggest oil producers, this month for a reduction in oil prices to provide relief to fuel consumers, Oil Minister Dharmendra Pradhan said today.
Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and US crude output hit record highs, adding to concerns about a sharp rise in global supplies.
Environmental activists in California on Thursday protested a Trump Administration proposal to vastly increase offshore oil drilling in the United States.
While less new coal-fired power plants are now being built in China and India, the planned expansion in the use of coal in fast-growing emerging economies, such as Turkey, Indonesia and Vietnam, will in part cancel out the reduction.
Vedanta Ltd today said its mines in Goa will be impacted following the Supreme Courtjudgement to cancel the second renewal of 88 iron ore mining leases in the state. The apex court yesterday quashed the second renewal of 88 iron ore mining leases in Goa in 2015, saying the sole motive of the companies behind the commercial activity was profit maximisation and […]
Tangedco is set to replace all old thermal units in the state with new super critical units at an estimated 40,000 crore. The new thermal units, which will have a combined capacity of 5,700MW, will come up in the next five years.
Two top officials of Morocco and Belgium met here on Thursday to discuss the important opportunities for cooperation between the two countries in the field of renewable energies.
The Canadian government, seeking to address unhappiness about the potential environmental impact of major projects, on Thursday unveiled draft legislation to change how oil pipelines and mines are assessed.