Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc – a step that now opens the possibility of […]
India’s energy sector investments are set to more than double from $70-80 billion per year now to around $150 billion within ten years, a top executive of the International Energy Agency (IEA) has said. Addressing […]
International oil prices rose after OPEC and its allies ignored India’s plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. Brent crude, the […]
India, once the center of global oil demand growth, expects its fuel consumption to bounce back during the coming year as the nation recoups the losses caused by Covid-19. Demand for gasoline, diesel and other […]
Energy News Beat Publishers Note: It is a good thing for India to voice its concern before Thursday and Friday’s meetings of OPEC. The policies for price manipulation have been tough to enforce, and increased […]
Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this year, even as fuel consumers continue to face persistent increase in petrol and diesel prices that has […]
New Delhi: India and China led the recovery in Liquified Natural Gas (LNG) demand following the outbreak of the Covid-19 pandemic, according to Royal Dutch Shell’s annual LNG Outlook published today. The company said in a statement that India increased imports by […]
For global nuclear power plant makers, small is now beautiful and they are looking at populating their small modular reactors across the world, said industry experts. With lesser gestation time, higher power generation period and lower risks, nuclear power […]
There could be more bad news for fuel consumers who may not get any respite from flaring fuel prices in the near future. Three Wall Street banks – Goldman Sachs, Morgan Stanley and Bank of America – have forecast oil […]
Energy News Beat Publishers Note – Inflation and high fossil fuel taxes are in India and just a pre-curser to what is about to hit the United States. Lucknow: Bahujan Samaj Party (BSP) president Mayawati on Tuesday […]
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