User: kks Topic: Energy
Category: Energy
3 new since May 29 2020 21:21 IST RSS 2.0
 
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Oil drops 3% on China-U.S. tensions, energy demand doubts 22.5.2020 Reuters: Money News
Oil prices tumbled about 3% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis.
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Exclusive: BP's Looney halves top management roles in energy transition plan 22.5.2020 Reuters: Money News
BP is more than halving the size of its senior management team as part of Chief Executive Bernard Looney's drive to make the 111-year-old oil company more nimble as it prepares for the shift to low-carbon energy.
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ONGC, NTPC ink MoU to set up JV for renewable energy business 22.5.2020 Projects Monitor

The Oil and Natural Gas Corporation (ONGC) and NTPC are planning to set up a joint venture (JV) company for renewable energy business. The two Maharatnas entered into a memorandum of understanding (MoU) on 21 May 2020 in Delhi to formalise the arrangement. The MoU will enable both companies to achieve their targets in renewable […]

The post ONGC, NTPC ink MoU to set up JV for renewable energy business appeared first on India's first NewsPortal on Projects.

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Moody's blues: Economy contracting after four decades 22.5.2020 Rediff: Business
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
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China to extend pollution clampdown, but warns coronavirus makes targets tougher 22.5.2020 Reuters: World News
China said on Friday it will continue to strengthen anti-pollution controls and meet its environmental targets for 2020, but warned that the coronavirus pandemic would weigh on energy intensity goals.
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RBI cuts interest rate to 4%; forecasts -ve growth 22.5.2020 Rediff: Business
RBI advances monetary policy committee meeting to Friday, cuts policy repo rate by 40 basis points to 4% and adjusted the reverse repo rate to 3.35% from 3.75%. The central bank will maintain an accommodative stance, Governor Shaktikanta Das after the decision.
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Eskom CEO targets massive debt reduction for sustainable future 21.5.2020 Reuters: Money News
The chief executive of South Africa's Eskom said on Thursday the state utility needed to more than halve its debt to 200 billion rand ($11.2 billion) to become financially sustainable and put an end to recurring government ...
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Eskom CEO sees sustainable future if $25 billion debt pile can be slashed 21.5.2020 Reuters: Money News
The chief executive of South Africa's Eskom said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to 200 billion rand ($11.2 billion).
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Oil at highest since March on lower U.S. inventories, recovering demand 21.5.2020 Reuters: Money News
Oil rose on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease restrictions on people's movements imposed due to the coronavirus crisis.
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Oil prices rise to highest since March after U.S. stock drawdown 21.5.2020 Reuters: Money News
Oil prices rose on Thursday to their highest since March, as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, offsetting fears over the economic fallout from the COVID-19 ...
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Australia backs technology in new carbon emissions plan 21.5.2020 Reuters: World News
Australia's conservative government on Thursday released a fresh plan to tackle climate change, targetting the use of gas, hydrogen, batteries and carbon capture, while avoiding the contentious issue of setting a carbon price.
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Sellers beware: Price collapse triggers bartering over oil and gas deals 21.5.2020 Reuters: Money News
The collapse in oil prices to 21-year lows has led potential buyers of oil and gas fields to try and renegotiate deals already agreed at higher prices, with the first examples emerging of sellers having their hand forced.
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Student bodies oppose mining in Dehing Patkai 21.5.2020 The Assam Tribune
Student bodies oppose mining in Dehing Patkai
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Dibru Saikhowa drilling will be eco-friendly: OIL 21.5.2020 The Assam Tribune
Dibru Saikhowa drilling will be eco-friendly: OIL
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Oil prices climb as U.S. stock drawdown eases supply glut fears 21.5.2020 Reuters: Money News
Oil prices advanced on Thursday as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped ...
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Oil rises on lower U.S. stocks, firmer demand 21.5.2020 Reuters: Money News
Oil prices rallied on Wednesday after U.S. crude inventories fell in the most recent week, but gains were capped by worries over the economic fallout from the coronavirus pandemic and weak refining margins.
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Oil gains, stocks rally on renewed recovery hopes 21.5.2020 Reuters: Money News
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.
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OPEC chief says oil market responding well to record OPEC+ cut 20.5.2020 Reuters: Money News
OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources say the group has not ruled out further steps to support the market.
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UK inflation slumps to lowest since 2016 as coronavirus hits 20.5.2020 Reuters: Money News
Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more Bank of England stimulus next ...
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Cabinet approves commercial coal mining policy 20.5.2020 Projects Monitor

The Union Cabinet led by Prime Minister Narendra Modi has approved auctioning of coal blocks for commercial mining purpose. The auction methodology based on revenue-sharing model has been approved by the Cabinet. The auction of about 50 coal blocks, including some large mines, will be kick-started very soon. The government is likely to offer major […]

The post Cabinet approves commercial coal mining policy appeared first on India's first NewsPortal on Projects.

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41 to 60 of 24,174