It looks set to be an interesting few months for shareholders in Cairn Energy as the finishing line approaches in a long-running $1.6 billion tax dispute.
Exxon MobilCorp is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management systems to lift profit, according to executive recruiters and people familiar with the business.
Bramas, a non-profit association which identifies and supplies raw materials for micro, small and medium enterprises (MSME) attached to BHELSIA (BHEL Small and Medium Industries Association), has attained a landmark by registering a turnover of Rs 200 crores in the financial year 2017-18.
Private power producer Tata Power today announced its 100 per cent subsidiary Tata Power Renewable Energy Ltd (TPREL) has won a 150 Megawatt (Mw) Solar Photo Voltaic (PV) project on a long-term basis in Maharashtra.
Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 2,210 crore across business segments in the domestic market.
Indian refiner Nayara Energy, one of the country’s biggest buyers of Iranian oil, began cutting imports this month after the United States scrapped a nuclear deal with Tehran and said it would re-impose tough sanctions, three people familiar with knowledge of the matter said.
Bharat Electronics Limited (BEL), a defence public sector undertaking (PSU), has successfully completed the construction of a 16 MW solar PV project at the Heavy Vehicle Factory (HVF) premises in Avadi locality of Tamil Nadu’s capital city Chennai.
State-owned Coal India’s output increased by 105 million tonnes (MT) in the last four years to reach 567 MT in 2017-18, Union Minister Piyush Goyal said today.
Steel Secretary Aruna Sharma stated that government’s National Steel Policy has saved foreign exchange of Rs 5,000 crores since last year and has added around 24 million tonnes of crude steel capacity during the last four years.
French energy market regulator CRE will recommend on Monday a rise of 6.5 percent in natural gas prices from July 1, a CRE spokeswoman told Reuters, confirming a report by Le Figaro.