HIGHLIGHTS Shell ratchets up pressure following unplanned 25% levy Reliefs don’t extend to renewables investment, Shell notes Shell a major North Sea investor with projects in pipeline Shell May 27 warned the UK’s new ‘energy […]
GAIL India Director (Finance) Rakesh Kumar Jain said the company, which reported a 112 per cent jump in FY22 post-tax net profit at Rs 10,364 crore, has outlined an overall capital expenditure plan of up […]
HIGHLIGHTS Tehran detained Delta Poseidon, Prudent Warrior on May 27 US seized tanker carrying Iranian oil off Greece Iran nuclear deal unlikely ahead of US midterm elections, say analysts Geopolitical risks fueled by Iran and […]
Oil and gas supermajor Shell and its joint venture partner SGH Energy have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western Australia. Crux […]
The world’s biggest economies are to stop funding any overseas fossil fuel development from the end of this year, in a move likely to choke off some of the investment in “carbon bombs” that are imperilling […]
Iran said its export revenues from oil and gas have jumped 60% year-on-year, with Russia’s war in Ukraine pushing up prices. Despite the tough sanctions on the country, Iran has generated $2.45 billion from exports […]
The United States has weathered energy shocks before. Broad price swings for a barrel of crude are nothing new. But we have never seen an energy crunch like 2022: Reeling from a pandemic, confronting climate […]
While the stock market and bond markets have crashed over the last two months, the dollar has gone from strength to strength thanks to its status as a global safe haven. The U.S. dollar and […]
London (CNN Business)Europe’s scramble to find alternatives to Russia’s natural gas is pushing the world to the brink of a winter energy shortage, with the worst effects likely to be felt in poorer economies in Asia. Since […]
The orders are for installation and supply of high-performance conductors and reconductoring solutions for transmission projects. New Delhi:Powertransmission companySterlite Powerannounced it has bagged orders worth Rs 1,600 crore from fromPower Grid Corporation(PGCIL),Damodar Valley Corporation(DVC), and […]
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