New Delhi: The benefits of Artificial Intelligence and Internet of Things are enormous for the mining industry which is still using legacy practices and technologies, coal ministry’s additional secretary M Nagaraju said today. Speaking at a webinar organised by […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April and May 2021 The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced consumption of transportation fuels such as gasoline and diesel. […]
New Delhi: Adani Green Energy Limited (AGEL), the renewable arm of the conglomerate group formally announced its outright acquisition of SB Energy early on Wednesday morning in a deal worth $3.5 billion (Rs. 24,000 crore), the largest such transaction […]
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. “The National Iranian Oil Company (NIOC) has signed a contract worth USD 1.78 billion with Petropars […]
Adani Green, the renewable energy producer controlled by Indian billionaire Gautam Adani, said it has agreed to buy SB Energy India from SoftBank Group (SBG) and Bharti Enterprises for $3.5 billion. The acquisition of SB Energy India, which has a portfolio of […]
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint. Japex is divesting its share of a joint venture that is responsible for […]
After the truly impressive achievements of the last decade, renewable energy capacity in the country is now over 90 GW and its share in total electricity generation is reaching 10 per cent. But this needs […]
Ranchi: Central Coalfields Ltd (CCL) supplying dry-fuel to the nation’s power plants and other projects even during the pandemic has lost 47 of its personnel to COVID-19, an official said. Many others and their family members are […]
LONDON: OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s plan to […]
New Delhi: It is safe to say that the oil markets are on the way to recovery, despite still-widespread Covid-19 infections, notably in India, Europe and the US, after suffering what has been its worst year ever. […]
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