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. […]
New Delhi: OPEC‘s share of India’s oil imports fell to the lowest in at least two decades in the year to the end of March as overall purchases by Asia’s third largest economy fell to a […]
Output in the eight key infrastructure sectors rose to a 32-month high in March, helped by last year’s low base and double-digit growth in steel, cement, electricity and natural gas segments. But the surge in Covid infections is likely […]
LAUNCESTON: One of the quirks of Asia’s seaborne coal market is that volumes have held up remarkably well, despite the fuel being demonized for its role in climate change and the rising number of countries and companies […]
New Delhi: The global wind energy industry is set to grow at a 4 per cent Compounded Annual Growth Rate (CAGR) through 2025, with additional 470 Gigawatt (GW) of capacity creation, helping create 3.3 million jobs over […]
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