User: birendersinghbudhwar Topic: Energy
Category: Conventional :: Oil and Gas
4 new since Apr 26 2018 20:51 IST RSS 2.0
 
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Oil rises as concern heats up over Iran sanctions, Venezuelan output 26.4.2018 General News
LONDON (Reuters) - Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand.
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India keen on alliance with China, Japan, Korea to bargain for better oil deals: Pradhan 26.4.2018 General News
With oil producers' cartel OPEC playing havoc with prices, India has proposed a grand alliance with top Asian oil buyers like China, South Korea and Japan to negotiate better terms with sellers. In a throwback to 2005 when the then oil minister Mani Shankar Aiyar had proposed an alliance of the oil consuming nations, Petroleum Minister Dharmendra Pradhan said India will try to create a network with China, Japan and South Korea to take up issues like premium being charged from Asian buyers. "I see bigger cooperation between four big economies of Asia, that is India, China, Japan and South Korea. India will try to create a network between these four economies," he told reporters on the sidelines of an industry event here. India is the world's third largest oil importer after China and the US. Japan is the fourth largest importer and South Korea is right behind it. The four nations account for over a third of the oil imports in the world. "Why should biggest consumers pay more. Why ...
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U'khand Cabinet gives nod to use of dry pine leaves for generating power 26.4.2018 General News
The Uttarakhand Cabinet today gave its nod to a policy, permitting commercial use of dry pine leaves, considered the main factor behind forest fires in the state, for generating electricity. The cabinet's clearance to the policy will pave the way for generation of 100 MW of electricity from dry pine leaves, besides setting up ofbriquetting and bio-oil plants, Urban Development minister Madan Kaushik, who is also the state government's spokesperson said after the Cabinet meeting chaired by Chief Minister Trivendra Singh Rawat. Apart from boosting alternative energy production in the state, it will also generate large scale employment opportunities at the local level, Kaushik said, adding that it will also reduce frequency of forest fires which cause great damage to wildlife and forest wealth. Under this policy, 10 and 25 KVA power generating units will be set up in Uttarakhand through state-based voluntary organisations, firms, industrial units co-operative societies and ...
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India keen on alliance with China, Japan, Korea to bargain for better oil d... 26.4.2018 DNA: Bangalore
India keen on alliance with China, Japan, Korea to bargain for better oil d...
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Thermax wins a Rs 279 crore order for captive cogeneration power plant 26.4.2018 General News
Powered by Capital Market - Live News
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India will network with Asia's major oil buyers to bargain with sellers - Pradhan 26.4.2018 General News
NEW DELHI (Reuters) - India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country's Oil Minister Dharmendra Pradhan said in New Delhi on Thursday.
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Oil exploration starts at Jiri 26.4.2018 Manipur: E-Pao
Oil exploration starts at Jiri
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Commodity prices to rise more than expected in 2018: World Bank 26.4.2018 General News
Oil prices to average $65 a barrel in 2018 on strong demand, producer restraint
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Total output hits record high as prices buoy profits 26.4.2018 General News
PARIS (Reuters) - French energy company Total on Thursday reported record high quarterly oil and gas output while beating profit forecasts helped by higher prices.
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Oil gains as concern heats up over Iran sanctions, Venezuelan output 26.4.2018 General News
LONDON (Reuters) - Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.
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Dragonfly wings inspire new generation of aerogels 26.4.2018 General News
Scientists have created a new form of highly-efficient, low-cost insulation material based on the wings of a dragonfly. Aerogel is the most porous material known to man and ultralight, with a piece the size of a family car weighing less than a kilogramme, said Lidija Siller from the Newcastle University in the UK. Starting out as a wet silica gel, similar in structure to jelly, the material is carefully dried to create a strong, porous material, said Siller, joint lead author of the research published in the journal Advanced Materials. However, until now, removing the water molecules without collapsing the fine silica structure has been a long, difficult and expensive process and as a consequence, the use of aerogels has been limited to a few highly specialist tasks, such as the collection of stardust in space. Now, a team of experts has managed to cheaply replicate the process by mimicking the way in which the dragonfly dries out its wings. Instead of drying the silica under high ...
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Rosneft-Trafigura led Essar Oil to be called Nayara Energy 26.4.2018 General News
Essar Oil Ltd, owned by Russian firm Rosneft and partners, today said it plans to change its corporate identity to Nayara Energy Ltd. Rosneft and its partners completed the USD 12.9-billion acquisition of Essar Oil last August, entering the world's fastest-growing Indian energy market. "Essar Oil Ltd (EOL) is seeking approval to change its corporate identity to Nayara Energy Ltd. The new corporate identity for EOL is in line with the company's strategy to create a new brand and identity, reflecting the new ownership and its ethos," the company said in a statement. Rosneft owns 49.13 per cent of the company while global commodity trading and logistics giant, Trafigura and Russia's UCP Investment Group own another 49.13 per cent. EOL operates a 20 million tonnes a year refinery at Vadinar in Gujarat and 4,473 petrol pumps. The new owners of Essar Oil aim to scale up the company's petrol pump network to 6,000 outlets. The rebranding "will enable positioning the company to compete and ...
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BP names former Statoil boss Lund as next chairman 26.4.2018 General News
LONDON (Reuters) - BP on Thursday appointed Helge Lund, a former head of Norway's Statoil, as its next chairman to replace Carl-Henric Svanberg, who has held the post for almost nine years.
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Rosneft-owned Essar Oil to be called Nayara Energy 26.4.2018 General News
Russian oil major Rosneft-owned Essar Oil Ltd plans to change its corporate identity to Nayara Energy Ltd, the company said today. Rosneft and its partners completed the USD 12.9-billion acquisition of Essar Oil last August to enter the world's fastest-growing energy market. "Essar Oil Ltd (EOL) is seeking approval to change its corporate identity to Nayara Energy Ltd. The new corporate identity for EOL is in line with the company's strategy to create a new brand and identity, reflecting the new ownership and its ethos," the company said in a statement. Rosneft owns 49.13 per cent of the company while global commodity trading and logistics giant, Trafigura and Russia's UCP Investment Group own another 49.13 per cent. EOL operates a 20 million tonnes a year refinery at Vadinar in Gujarat and 4473 petrol pumps. The new owners of Essar Oil aim to scale up the company's petrol pump network to 6,000 outlets. The rebranding "will enable positioning the company to compete and succeed in the .
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Village Transformation 26.4.2018 Central Chronicle
The Prime Minister Mr Narendra Modi said there would be budget constrain for transforming village.... more »
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Essar Oil to become Nayara Energy post takeover by Rosneft, Trafigura 26.4.2018 Business Standard: News Now
Move is in sync with plan to create new brand and identity; Company says new name signifies a new era for the Indian business with global outlook
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PNB, HPCL, Idea, Bharti Infratel, HDIL, Reliance Naval hit 52-week lows 26.4.2018 Business Standard: Front Page Headlines
Bajaj Hindustan, Balrampur Chini Mills, EID Parry, Lakshmi Vilas Bank, Power Finance Corporation, S H Kelkar & Co, Somany Ceramics and Vakrangee too hit 52-week lows today.
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What impacts petroleum prices in India? 26.4.2018 Sify Finance
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Skinny and sweet: U.S. refiner earnings depend on the oil diet 26.4.2018 General News
NEW YORK (Reuters) - Smaller independent refiners with less complex facilities are surging in the stock market of late, as investors expect strong earnings growth thanks to the recent fall in price of their primary cost - light, sweet crude oil coming out of West Texas.
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This German state is a pioneer in renewable energy 26.4.2018 All News-IANS Stories
The success of an energy policy depends on it being owned locally and decentralised, a top policymaker has said, adding: "Many economically underdeveloped regions in Germany are now earning money by tapping energy from renewables."
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