Executives from oil majors were set to gather in Rio de Janeiro on Thursday to compete for stakes in Brazil’s pre-salt oil play, home to some of the world’s most alluring offshore geology, as rising oil prices boost appetite for expensive offshore projects.
Prime Minister Narendra Modi and his Nepalese counterpart K P Sharma Oli today jointly laid the foundation stone of the 900-megawatt Arun III Hydroelectric Power Plant in Tumlingtar area in eastern Nepal through a remote system here.
Power Finance Corporation (PFC) today announced it will invite bids in the first week of May from coal based power generators without long-term Power Purchase Agreements (PPAs) for procurement of electricity.
BP agreed on Wednesday to buy Clean Energy Fuels Corp’s biomethane business for $155 million, expanding its huge gas supply portfolio in the United States and showing its shift to less carbon-intensive projects.
China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron to buy the U.S. oil major’s natural gas fields in Bangladesh that are worth about $2 billion, two Beijing-based Chinese oil executives said
Indian Oil Corp, the country’s largest refiner, expects its crude processing to inch up in 2017/18 despite planned maintenance at some plants
BP on Monday agreed to buy stakes in gas-heavy exploration areas off the coast of Mauritania and Senegal from Kosmos
Oil prices steadied above $47 a barrel on Tuesday helped by a new Libyan supply disruption but concerns over a global
France’s new Dunkirk liquefied natural gas (LNG) import terminal received its inaugural shipment on Friday aboard the
Oil prices fell on Tuesday after a strong two-day rally abated amid volatility fed in part by a vote later this week in Britain that