India is in talks with Kazakhstan for developing Abai oil block in the Caspian Sea. According to reports, Magzum Mirzagaliev, Vice-Minister, Oil and Gas, Kazakhstan, has offered the Abai block to ONGC Videsh (OVL)
Tag: India
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RIL, HMEL plan refinery expansions
Reliance Industries (RIL) and HPCL-Mittal Energy Ltd (HMEL) have sought environment ministry approval for raising capacity of their plants. RIL, whose two plants at Jamnagar has installed capacity to process about 1.2 million barrels per day (bpd) oil, has the
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New govt to decide on gas price
The new government will have to decide on the new price for domestically produced gas, even though the decision to defer the announcement of rates is only till the model code of conduct for ongoing elections is in force
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CIL’s April production at 37.5 mt
Coal India Ltd (CIL) produced 37.5 million tonne of coal in April, as against the target of 37.6 mt. The company's offtake was 40.54 mt during the month, against a target of 45.17 mt.
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European coal price drops
European physical coal prices fell on weak demand and oversupply. Traders said that the lower prices were a result of oversupply combining with weak demand
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Coking coal import up 18 per cent in FY14
Indian steel producers imported 33.1 million tonne (mt) of coking coal in 2013-14, an increase of 18 per cent over the previous comparable period, taking advantage of a price slump, said traders and analysts.
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Saudi Arabia to generate 41 GW solar power
The Kingdom of Saudi Arabia has announced plans to invest $109 billion to produce 41 GW of solar energy by 2032, which is almost 30 per cent of its total energy requirement by that time.
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Expert panel to study power project via Kodagu
The Karnataka government has decided to constitute an expert committee to study the Power Grid Corporation of IndiaÆs controversial project to draw a 400-kV power line from Yelwal in Mysore to Kasargod in Kerala via Kodagu.
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Kudankulam nuclear plant unit to reach full capacity
Tamil Nadu will soon get some relief from power cuts as Unit 1 of the Kudankulam nuclear power project has been cleared to achieve 100 per cent capacity by the Atomic Energy Regulatory Board.
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Tata Power to add 646.7 MW RE
Tata Power plans to increase its renewable energy capacity by about 71 per cent to cut carbon emissions and reduce risks from fluctuating fuel prices. The utility is adding 646.7 MW of renewable energy capacity.