Shell, British- Dutch fully integrated multinational oil and gas Company expects its annual organic free cash flow to grow to $9-12 billion by 2025, the company said as part of its investor update information. It added that the company plans to invest $7-9 billion a year in downstream annually.
India’s manufacturing sector growth eased slightly in February as factory output and new business orders rose at a slower pace, says a monthly survey.
India is a powersurplus country but electricity does not reach all regions due to network constraints in some states, a senior official said.
Wind and solar power could meet 80 percent of US demand for electricity, as long as improvements are made in transmission and storage, researchers said Tuesday.
Reliance Power said that its 3,960 MW Sasan ultra mega power project has got the permission from the coal ministry to increase mining output by a million tonnes every year to 18 million tonnes.
Indonesia has postponed indefinitely the application of new rules that would limit shipments of coaland palm oil exports to only national shipping companies, a Coordinating Economic Ministry official said on Tuesday.
At a time when new orders are shrinking due to low capacity utilisation in the private sector, ABB India, an Indian subsidiary of Zurich-based ABB, is increasing its focus on renewables, digitalisation, charging infrastructure for electric vehicles and efficiency solutions.
Hyundai Motor showcased the Next Generation Fuel Cell Electric Vehicle (FCEV) – Hyundai NEXO and Global ElectricVehicle – IONIQ (Battery Powered) during the India Korea Business Summit 2018 held here.
Assam-based Numaligarh Refinery Limited(NRL) has made an entry into the North American market, dispatching a consignment of 80 metric tonnes (MT) of wax to the United States.
Petronet LNG Ltd, India’s biggest liquefied natural gas importer, today reported its highest ever quarterly profit in the three months to December 31 as it processed record gas volumes.