PetroChina Co., the country’s biggest oil and gas company, said profit almost tripled last year as earnings from exploration and production overcame asset writedowns and losses from importing natural gas.
Indian Oil Corporation Ltd. and Bharat Petroleum Corporation Ltd. will have to borrow funds if the state-owned refiners and marketers acquire the government’s stake in GAIL (India) Ltd., the nation’s largest gas marketing and transportation company.
Former Secretary of State Rex Tillerson put a break on President Donald Trump’s desire to tear up the Iran nuclear deal.
Indian Renewable Energy Development Agency Ltd. is looking to sell 13.9 crore share through its initial public offer that may open in June this year.
Companies from Royal Dutch Shell Plc to Petronet LNG Ltd. are betting that a super-chilled form of natural gas, and not oil products like diesel.
“The Americans are coming” could have been the subtitle of the International Energy Agency’s latest outlook for oil markets.
India’s domestic solar panel makers will file a fresh petition seeking anti-dumping duty on import of cheaper cells from China, Taiwan and Malaysia, a key factor in bringing down solar tariffs to record lows.
Energean Oil & Gas Plc, Greece’s only energy explorer and producer, said it signed a financing agreement with Morgan Stanley and other banks for $1.27 billion to finance development of two natural gas fields off the coast of Israel.
Mytrah Energy, the winner in India’s first wind power auction last year, plans to add 1-gigawatt of wind and solar capacity by September next year as India increases the pace of tendering.
Eleven companies bid for setting up 2,000 electric vehicle chargers in the second phase of electric vehicle programme as India takes first steps towards its target to end fossil-fuel powered passenger transport.