Following the successful implementation of the Indian government’s Unnat Jeevan by Affordable LEDs and Appliances for All (UJALA) in UK, the Malaysian government has now evinced interest in replicating the scheme in Malaysia.
State-owned Indian Oil Corp (IOC) has bought the country’s first shale oil from the US and is looking to step up imports from America as part of its crude diversification strategy.
Venezuelan homemaker Carmen Rondon lives in the country with the world’s largest oil reserves, but has spent weeks cooking with firewood due to a chronic shortage of home cooking gas – leaving her hoarse from breathing smoke.
Malaysian governmentowned Petroliam Nasional Berhad, better known as Petronas, is looking to expand its operations in India by entering into more longterm contracts for supply of liquified natural gas (LNG) and scaling up its lubricants business.
The National Company Law Tribunal (NCLT) has turned down the appointment of Vijaykumar V Iyer of consultants Deloitte as an interim resolution professional (IRP) to resolve the Rs 44,000-crore Lanco Infratech default, putting an end to big firms taking up multiple assignments that they cannot do justice to.
Owned Coal India has floated the first tender operationalising SHAKTI scheme providing coal linkage to thermal power projects through the auction route.
Reliance Industries Ltd. plans to refinance a significant portion of about $12 billion of borrowings that mature over the next three years and may sell bonds to repay the debt, according to company executives with knowledge of the matter.
India’s upstream petroleum regulator Directorate General of Hydrocarbons (DGH) has received as many as 45 Expressions of Interest (EoI) in a little over a month for various fields to be bid out under the mega oil and gas auctions in what analysts called an “encouraging response”.
Neeraj Kumar: If you see Q4 last versus Q1 this year, that is not the correct benchmark that you should be looking at because typically if you see Q4 has always been the best quarter for Jindal Saw primarily because we have government contracts and therefore in Q1 there are issues with budgetary allocations etc and therefore the right benchmark to compare is the Q1 last year.
New Delhi: India’s upstream petroleum regulator Directorate General of Hydrocarbons (DGH) has received as many as 45 Expressions of Interest (EoI) in a little over a month for various fields to be bid out under the mega oil and gas auctions