Oil surges past $110 as US-Israel strikes on Iran trigger supply shock
The crude oil market has been thrust into turmoil over the past 10 days, with prices climbing at a pace rarely seen outside of full-blown supply crises.
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Nayara Energy ties up Rs4,000 cr to foray into petrochemical
Nayara Energy said it has achieved financial closure for phase-one expansion plans for petrochemical business following the tie-up of Rs 4,016 crore funds from banks.
LNG market set to recover with demand growing across Asia
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of…
30% production increase likely through new coal projects
Coal producers are actively pursuing 2.2 billion tonnes per annum of new mine projects around the world, a growth of 30% from current production levels
Coal shipped to other countries produce more emissions
Coal shipped overseas was responsible for a tenth of global annual energy-related CO2 emissions in 2020. Coal exported in 2020 had the potential to produce 3.1…
Sri Lanka fears oil spill from burning MV X-Press Pearl
Sri Lankan authorities fear a possible oil spill from a Singaporean container ship on fire off the country's western coast as the upper deck of the…
Epson, National Geographic to fight against climate change
Epson has joined forces with National Geographic to promote the protection of the world's permafrost the frozen ground beneath the polar regions of the earth
Russian oil producers struggle to contain gas flaring
Russian oil producers reduced gas flaring only slightly last year and failed to reach a targeted level by a large margin, hampered by a lack of…
Borosil Renewables to double solar glass capacity
Borosil Renewables, the sole domestic manufacturer of solar panel glass, is doubling its capacity to 900 tonnes per day with an investment of Rs 500 crore
Oil prices hit 13-month highs on tighter supplies
Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary easing policies and lower crude production…
Reliable, cost-effective nuclear fuel soon for Kudankulam
Kudankulam Nuclear Power Plant units 1 and 2 will have a new type of nuclear fuel which is more reliable and cost-effective and their fuel cycle…
30 year charter contract signed by Mitsui OSK
Mitsui OSK Lines has signed a 30 year charter contract with the operator of the Arctic liquefied natural gas (LNG) 2 project, led by Novatek, for…