The ministry of petroleum and natural gas has started discussions with state-run oil and gas companies to take forward the Budget proposal to create a globally competitive “oil major” by consolidating the firms.
The government is planning to carry out at least one merger between state-run oil companies by the end of September this year
After unprecedented optimism that the Organization of Petroleum Exporting Countries will manage to ease a global supply glut
Power Minister Piyush Goyal on Monday said that NTPC should not spend any more on renovation of plants which are older than 25 years
Power Grid Corporation will invest close to R1 lakh crore in transmission sector projects in five years to 2024, which is likely to shoot up if the government approves the electricity storage projects in the coming years
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample US fuel inventories weighed on the market.
Chennai Petroleum Corp shares surged and held gains on the news reports of a possible merger with the parent, oil giant Indian Oil Corporation.
Many a swan song has been sung for thermal coal markets as renewable power generation and a push towards using more natural gas have gained traction
Tejas Express from Surat-Mumbai! At 130 kmph, travel in ‘luxury’ between the two cities in the same time as Rajdhani
Tejas Express, one of the most awaited promises of Railway Budget 2016, is all set to start plying on the Surat to Mumbai route in the next financial year
Though the government plans to merge state-run oil companies to create a behemoth t o take on competition from overseas integrated players