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Shell wins 15-year deal to supply LNG for Chinese company's power plant

20-09-2018| Source:Reuters

The $900 million power project, being built by Sinolam LNG affiliate Sinolam Smarter Energy LNG Power Co, expects to begin taking deliveries of the super-cooled natural gas in 2020.

Impose 50% of solar tariff as penalty for not buying power: Developers to MNRE

19-09-2018| Source:PTI

At a meeting of stakeholders called by the Ministry of New and Renewable Energy, solar power developers proposed that discoms should be penalised 50 percent of the agreed tariff for the part

IEX gets shareholders' nod for share split; to hike FII stake to 49%

19-09-2018| Source:PTI

Indian Energy Exchange (IEX) has received shareholders' nod for splitting equity shares and to increase shareholding of FPI/FII to 49 percent from existing 24 percent in its annual general meeting

OPEC chief says Iran still 'very important' as US sanctions loom

18-09-2018| Source:PTI

"Iran is a very important member of OPEC and we have no choice but to continue working with all parties," Mohammad Barkindo said at the Gulf Intelligence Energy Forum in the emirate

Sembcorp to supply solar power to Facebook's Singapore operations

18-09-2018| Source:PTI

Sembcorp will serve Facebook's renewable energy needs through offsite solar panels totalling 50 MWp in capacity.

Over 70 stocks hit new 52-week high on BSE; Universal Cables, Globus Spirits jump 5-6%


Among the sectors which are outperforming the broader indices are the FMCG space, the Pharma and the Energy sectors. The BSE consumer durable space along with healthcare and the manufacturing sectors

India says state energy companies scouting projects in Russia

13-09-2018| Source:Reuters

Oil minister Dharmendra Pradhan said that this would allow India's energy sector to grow and prosper alongside Russian technology

OPEC sees slower 2019 oil demand growth, warns on economy

13-09-2018| Source:Reuters

The economic downside risks will provide a talking point for a group of OPEC and non-OPEC energy ministers meeting on 23 September in Algiers

Wall Street gains as Apple, tech rebound; oil lifts energy shares

12-09-2018| Source:Reuters

US stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares.Apple rose 2.5 percent, boosting the three major indexes, a

Income Tax Department sells more shares of Cairn Energy to recover retro tax

11-09-2018| Source:PTI

The Income Tax Department has sold more of Cairn Energy Plc's shares in mining major Vedanta Ltd to recover a part of the Rs 10,247 crore retrospective tax demand, the British firm said Tuesday

GAIL India says aims to add 5,500 km gas pipeline in 3 years

11-09-2018| Source:Reuters

India wants to raise share of natural gas in its energy mix to 15 percent in next few years from about 6.5 percent as the world's third-biggest oil importer and consumer wants to cut its

British air taxi firm takes flight, inspired by F1 racing advances

10-09-2018| Source:Reuters

Stephen Fitzpatrick, founder of Ovo Energy, an upstart challenger to the UK's big six electric utilities, said his new venture will apply lessons from F1 racing to build electric Vertical

Oil prices climb as US drilling stalls, Iran sanctions loom

10-09-2018| Source:Reuters

US energy companies cut two oil rigs last week, bringing the total count to 860, energy services firm Baker Hughes said on Friday.

ABB CEO meets Modi, discusses e-mobility, renewable energy

08-09-2018| Source:PTI

with the Prime Minister focused on how ABB can support the government's renewable energy targets, and accelerate public transportation's transition to electric power."By embracing e-mobility now, India can

US expects India to buy energy products, aircraft to fix trade gap: Mike Pompeo

06-09-2018| Source:Reuters

US expects India to buy energy products and aircraft so the US trade deficit with the South Asian country is rectified, US Secretary of State Mike Pompeo said on Thursday.

Leap Green Energy to expand renewable power capacity to 2 GW by 2020

06-09-2018| Source:PTI

"Leap Green Energy Pvt Ltd (LGE), India's leading renewable power generation company, plans to increase its power capacity through opportunistic acquisitions and setting up green field

D-Street Buzz: Over 105 stocks hit new 52-week low; Realty stocks fall, BEL tanks 15%


105 stocks have hit new 52-week low including BEL, BPCL, Castrol India, eClerx Services, BGR Energy, HPCL, Idea Cellular, Bharti Infratel, Tata Communications, Suzlon Energy and Sun TV Network among

Greener growth could add $26 trillion to world economy by 2030: Study

05-09-2018| Source:Reuters

A shift from fossil fuels to cleaner energies such as wind and solar power would avoid 700,000 premature deaths from air pollution in 2030.

Twitter CEO to defend company before Congress against bias claims

05-09-2018| Source:Reuters

Dorsey will appear before the US House of Representatives' Energy and Commerce Committee after Republicans raised concerns about how the social media platform polices content.

Railways will save Rs 13,000 crore per annum in fuel bill post electrification: Manoj Sinha

05-09-2018| Source:PTI

Aayog, Sinha said actual savings due to initiatives in energy procurement has so far been Rs 7,504 crore.

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