Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as a ratcheting up of tensions in the U.S.-China war knocked confidence in the global economy. Brent crude was down 89 cents, or 1.5%, at $58.45 a barrel by 0044 GMT, having earlier touched $58.24, the lowest since Aug. 15.
A paper authored by the IIM-Ahmedabad (IIM-A) researchers suggested that wind energy in India has become market competitive and thus it should be pulled more by the market forces rather than being pushed by the government incentives.
India was a pioneer in making renewable energy cheaper, thanks to capacity additions based on competitive bidding. Now, it’s falling behind.
Asian refining margins have tumbled more than 50% since mid-July on anticipation of plummeting demand for high sulphur fuel oil (HSFO) ahead of a shift to cleaner marine fuels next year.
The central government has been constantly reducing the quantum of kerosene supplied to Tamil Nadu, state food minister R Kamaraj said on Sunday. Speaking to reporters in Tiruvarur after participating in the chief minister’s special grievance meeting
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has appealed all Ganesh mandals to get authorized temporary power connections for their pandals in order to avoid any untoward incident.
Arabian Gulf energy exporters are looking for their main energy partner in Asia. A flurry of activity in recent weeks has moved exciting India ahead of reliable Japan and lucrative China. EurAsian Times gets you an analysis by Robin Mills – the CEO of Qamar Energy.
The land acquisition process for drilling of 104 hydrocarbon wells in Cauvery delta region would commence only after environmental clearance is obtained
The government is set to offer six blocks in the unexplored Vindhyan and Bengal sedimentary basins for oil and gas exploration.
Nigeria improved its ranking by a notch and emerged as the third-biggest oil supplier to India in July, replacing Venezuela, which slipped to number four.