U.S. oil production has topped 10 million barrels per day, approaching a record set in 1970, but many investors in the companies driving the shale oil revolution are still waiting for their payday.
BHP Billiton Ltd and ExxonMobil Corp’s Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia’s oldest and largest oilfields.
Turkmenistan on Friday announced the start of construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation to Pakistan and India.
Air pollution is tightening its grip in India. Thirteen of our cities are currently ranked in the top 20 most polluted in the world.
A total of 42 MoUs, promising investment of around Rs 60,000 crore, were signed in the field of renewable energy, mainly solar power plants. The summit saw developers showing interest in solar energy given the huge potential in UP.
India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives and analysts said.
Adani Group today said it will invest Rs 35,000 crore in Uttar Pradesh over the next five years in various sectors.
The capacity utilisation of coal-fired power plants is expected to hover between 60% and 62% in 2018-19 because of large capacity additions in the past five years, according to India Ratings and Research (Ind-Ra).
Outokumpu, a global stainless steel manufacturer, plans to showcase its products and capabilities to meet the country’s growing need for critical high-end applications across energy, oil & gas, nuclear energy, hydrocarbons & chemical processing sectors during the upcoming ‘Oil & Gas World Expo 2018 ’ in Mumbai between February 21-23 , 2018.
Sajjan Jindal-led JSW Energy announced on Monday that it has signed a pact with Maharashtra for setting up manufacturing units for electric vehicles (EV) and energy storage systems in the state.