Companies based in Russia, China and UAE have shown interest in setting up business units in diverse areas, such as defence and metro rail, in Punjab.
Engineers will be trained in machine building and allied activities at a centre being set up in Jharkhand’s capital Ranchi by an arm of the Russian state atomic energy corporation, Rosatom, jointly with state-run Heavy Engineering Corp.
Russia has offered India the latest “Generation 3-plus” nuclear reactor —the VVER-1200 — powered by advanced fuel, to be set up at a yet-to-be designated site in parallel to the ongoing 6,000 MW Kudankulam project in Tamil Nadu.
Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energy and power grids as the fall in crude prices led to deep cuts, the International Energy Agency (IEA) said on Tuesday.
Can a motley crew of countries grouping climate champions Germany and France with oil giants Russia and Saudi Arabia muster a joint defence of the Paris Agreement against Donald Trump?
Russia’s Rosatom State Atomic Energy Corporation is holding preliminary talks with the Indian government and private companies to expand its footprint in India by venturing into the small container-based mini hydro power segment.
Russia and India will soon sign a memorandum on the construction of the gas pipeline as part of the intergovernmental agreement, Russian Energy Minister Alexander Novak told TASS.
Exclusive Opinion Piece : Has Saudi Arabia abandoned its role as a Swing Producer?, Asks Manish Vaid
Given its own economic conditions and plans for upcoming Saudi Aramco’s IPO next year Saudi Arabia cannot escape its role as swing producer, even though unwittingly.
The resilient U.S. shale output and sluggish demand from American drivers have kept U.S. stockpiles at historically high levels making efforts of OPEC and non-OPEC to cut oil production a futile exercise. These developments has forced experts to rethink about Saudi Arabia’s role as a ‘Swing Producer’ in rebalancing the oil markets. This article therefore explore the current oil market scenario alongside evaluating if actually Saudi Arabia has abandoned its role as a Swing Producer.
Oil prices dipped on Monday as rising US drilling activity outweighed talks that an OPEC-led production cut initially due to end in mid-2017 may be extended.
As the Organisation of Petroleum Exporting Countries and its allies prepare to meet for a review of their production cuts this weekend, the central bank of the world’s biggest energy exporter is hunkering down for years of oil near $40 a barrel.