In line with Hydrocarbon Vision 2030 for North-East Region, ONGC management has approved additional investment of Rs 3104 Crore for drilling of wells and creation of surface facilities to produce gas from Tripura gas fields.
Kolkata, Despite muted demand from consumers, downgrading of mines and challenges from the renewable energy sector, the sales outlook of Coal India, the country’s largest miner, for 2017-18 looks positive with an expected growth of around 4-6 per cent, analysts and stakeholders say. They also hold the miner, now contributing 84 per cent of the […]
Chevron Corp, the second-largest U.S.-based oil producer, is exploring the sale of its 20 percent stake in Canada’s Athabasca Oil Sands project, which could fetch about $2.5 billion, according to people familiar with the situation.
The proposed daily pricing of transport fuels in India would improve confidence in the sustainability of the market pricing regime as regular smaller changes in currency and crude oil prices should be easier to pass through to customers
The Supreme Court said power companies can’t raise preset tariffs if fuel becomes costlier due to changes in laws overseas, setting aside rulings by regulators and dealing a blow to Tata Power and Adani Power