The United States will fail to cut Iranian oil exports to zero, even if Washington ends waivers granted to buyers of Iranian crude, the semi-official Tasnim news agency on Monday quoted an unnamed Iranian oil ministry source as saying.
In the dusty but green coastal village of Nanar in Ratnagiri, homes surrounded by mango and cashew trees still sport the protest slogan: ‘Nanar oil refinery hatva, Konkan vachva’ (remove the Nanar oil refinery project and save the Konkan).
The resolution of 40,000 MW of stressed power projects has come to a standstill with lenders turning reluctant to engage with investors in the absence of fresh directions from the Reserve Bank of India and regulatory overreach that has made lowering of tariff mandatory from projects being sold at lower valuations.
Billionaire Gautam Adani-led Adani Group has in open competitive bidding bagged a string of projects ranging from highway construction to development of airports, coal mining and city gas retailing in the last few years, helping the conglomerate diversify into new sectors, sources said.
Hindustan Petroleum Corp Ltd (HPCL) has for the fifth consecutive quarter listed its majority shareholder ONGC as a public shareholder and not its promoter, but it will face a real test when the vacant posts of directors on the company board are filled.
With the model code of conduct imposing a prohibition on carrying of cash above Rs 50,000, petrol pump owners across Guwahati are in a difficult situation now. Owners say that on an average, transactions amounting to Rs 10-15 lakh — most of which is in cash — takes place in each petrol pump in the city.
BJP’s South Goa poll campaign chief and Panchayat minister Mauvin Godinho on Friday said that coal pollution is an issue in Mormugao and his party has assured the voters of addressing it post-election.
Climate Change can affect energy, food and water security: ExpertClimate Change can affect energy, food and water security: Expert
Climate change can affect the food, water and energy security of a region, Ministry of Earth Sciences Secretary M. Rajeevan said here on Friday. “Climate is changing and global warming is happening due to the release of greenhouse gases.
Oil futures held steady on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. oil inventories supported prices, while a strengthening dollar kept futures in check.
Crude oil has been on an upward trajectory, but we are seeing a gradual slowdown in buying, which points towards a correction in prices. The commodity touched its highest level since November,