Posts

Showing posts from September, 2018

Oil prices could be getting closer to $100: Analyst

Oil prices could be getting closer to $100: Analyst https://cnb.cx/2DHvzvJ John Driscoll, chief strategist at JTD Energy Services, says oil prices could soon near $100 per barrel. https://ift.tt/2PddWW7 September 30, 2018 at 02:00PM Energy https://cnb.cx/2KU3Ztw

Fuel prices continue to soar, petrol nears Rs 92 a litre in Mumbai http://bit.ly/2zHwTKX

Image
Fuel prices continue to soar, petrol nears Rs 92 a litre in Mumbai http://bit.ly/2IqTEWa The petrol prices has gone up about 8 per cent while diesel prices has gone up by 10 per cent since August 1, 2018. http://bit.ly/2zHwTKX September 30, 2018 at 04:58PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Brent oil near four-year high ahead of Iran sanctions, but demand concerns loom

Brent oil near four-year high ahead of Iran sanctions, but demand concerns loom https://cnb.cx/2OWcjvw Oil prices steadied on Monday as Brent crude oil futures were close to their highest price in nearly four years. https://ift.tt/2PddWW7 September 30, 2018 at 04:19PM Energy https://cnb.cx/2KU3Ztw

If you delink Aadhaar, oil firms will need bank account details again for gas subsidy http://bit.ly/2NQ4Xgw

Image
If you delink Aadhaar, oil firms will need bank account details again for gas subsidy http://bit.ly/2IsmRA3 15 per cent of country’s 24 crore customers already receive payment through the NEFT route since they haven’t yet linked their bank accounts with Aadhaar http://bit.ly/2NQ4Xgw September 30, 2018 at 08:05AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Govt plans blending of Methanol with LPG to cut subsidy bill by 30% http://bit.ly/2y4JTIm

Image
Govt plans blending of Methanol with LPG to cut subsidy bill by 30% http://bit.ly/2xP1WmL Mixing 20% methanol with LPG is estimated to bring down the cost of cooking gas for household consumption by Rs 100 a cylinder http://bit.ly/2y4JTIm September 30, 2018 at 07:55AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Power tariff soars to a decade high of Rs 17.61/unit in spot market http://bit.ly/2DIxmRa

Image
Power tariff soars to a decade high of Rs 17.61/unit in spot market http://bit.ly/2Oma080 The power price have seen an upward trend in the day ahead market (DAM) at IEX since last Sunday when it touched to a high of Rs 14.09 per unit. http://bit.ly/2DIxmRa September 30, 2018 at 05:55AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

LPG cylinder price hiked by Rs 59; subsidised gas to cost Rs 2.89 more http://bit.ly/2Iv3vKU

Image
LPG cylinder price hiked by Rs 59; subsidised gas to cost Rs 2.89 more http://bit.ly/2Rcv0N6 ​The subsidy transfer in customers' bank account has increased to Rs 376.60 per cylinder in October 2018 against Rs 320.49 per cylinder in September http://bit.ly/2Iv3vKU September 30, 2018 at 05:37AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Gas-based power plants seek more gas from ONGC's Deepwater Wells http://bit.ly/2xNp6tI

Image
Gas-based power plants seek more gas from ONGC's Deepwater Wells http://bit.ly/2QjK6zc As the ONGC production from Deepwater Gas increases, and same can be allocated to power sector,(so that)the share of RLNG (Regasified Liquefied Natural Gas)will reduce thereby making the tariff more competitive. http://bit.ly/2xNp6tI September 30, 2018 at 01:51AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Indo-French nuclear deal: 10 yrs after its signing power project yield little success http://bit.ly/2xPWoZ4

Image
Indo-French nuclear deal: 10 yrs after its signing power project yield little success http://bit.ly/2N5A02R The Indo-French cooperation on 'peaceful use of nuclear energy' was signed on September 30, 2008, primarily for building the Jaitapur Nuclear Power Plant (JNPP). http://bit.ly/2xPWoZ4 September 29, 2018 at 09:36PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil sales to India will continue despite US sanctions: Iran http://bit.ly/2R8fcLg

Image
Oil sales to India will continue despite US sanctions: Iran http://bit.ly/2y19Vwj "Our Indian friends have always been categorical in terms of their intention to continue economic cooperation and the import of oil from Iran," Mohammad Javad Zarif said. http://bit.ly/2R8fcLg September 29, 2018 at 04:10PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

ONGC says may break even after gas price hike http://bit.ly/2xMDbra

Image
ONGC says may break even after gas price hike http://bit.ly/2DNSgOC The government has announced a 10 per cent higher price for natural gas at USD 3.36 per million British thermal unit for six month period beginning October 1. http://bit.ly/2xMDbra September 29, 2018 at 02:51AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Discom claims annual loss of Rs 150 crore due to power theft http://bit.ly/2OiObX4

Image
Discom claims annual loss of Rs 150 crore due to power theft http://bit.ly/2N9Rc7e Power discom TPDDL, supplying electricity to nearly 70 lakh consumers in north and northwest Delhi suffered a huge annual loss of Rs 150 cr due to power theft. http://bit.ly/2OiObX4 September 29, 2018 at 01:00AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

OVL, partners reach out of court settlement with Rosneft http://bit.ly/2Orkhj8

Image
OVL, partners reach out of court settlement with Rosneft http://bit.ly/2NaqaN4 Rosneft had dragged the Sakhalin-1 consortium to court alleging "unjust enrichment and interest gained by using other people's money" and claimed USD 1.4 billion in damages. http://bit.ly/2Orkhj8 September 29, 2018 at 12:42AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

No relief on fuel prices hike http://bit.ly/2OXtlJO

Image
No relief on fuel prices hike http://bit.ly/2zDVJvf While petrol has touched Rs 83.40 (increase by Rs 0.22) per litre, diesel too is being sold at a historic high of Rs 74.63 (increase by Rs 0.21) per litre in New Delhi. http://bit.ly/2OXtlJO September 28, 2018 at 08:55PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Assam Petrochemicals to launch pilot project to test methanol as cooking fuel http://bit.ly/2zCMkUC

Image
Assam Petrochemicals to launch pilot project to test methanol as cooking fuel http://bit.ly/2QgtwQt Niti Aayog member VK Saraswat is expected to be present during the launch of the project. http://bit.ly/2zCMkUC September 28, 2018 at 05:19AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

KPTL bags orders worth Rs 1,145 crore http://bit.ly/2zDbDpw

Image
KPTL bags orders worth Rs 1,145 crore http://bit.ly/2ImtXWH The company got two orders totalling Rs 644 crore for design, supply and construction of 500 kV and 230 kV transmission lines in CIS and Africa region, respectively. http://bit.ly/2zDbDpw September 28, 2018 at 04:28AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Natural gas price hiked by 10 per cent http://bit.ly/2IlPrmF

Image
Natural gas price hiked by 10 per cent http://bit.ly/2zBPIPz Natural gas prices are set every six months based on average rates in gas-surplus nations like the US, Russia and Canada. http://bit.ly/2IlPrmF September 28, 2018 at 04:11AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India raises natural gas price for Oct-March by nearly 10 pct to $3.36/mmBtu http://bit.ly/2Iqogr6

Image
India raises natural gas price for Oct-March by nearly 10 pct to $3.36/mmBtu http://bit.ly/2NNbcC1 The prices will be applicable on gross heat value basis. http://bit.ly/2Iqogr6 September 28, 2018 at 02:24AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

'Show me the barrels': Oil prices set to spike as OPEC and Trump go head-to-head, analysts say

'Show me the barrels': Oil prices set to spike as OPEC and Trump go head-to-head, analysts say https://cnb.cx/2IlKzxW OPEC producers and President Donald Trump are both embracing a "show me" attitude to energy market uncertainty, analysts told CNBC on Friday, as traders speculate about the possibility of $100 a barrel before year-end. https://ift.tt/2PddWW7 September 28, 2018 at 01:13AM Energy https://cnb.cx/2KU3Ztw

Petrol, diesel continue to touch new height http://bit.ly/2xJO39w

Image
Petrol, diesel continue to touch new height http://bit.ly/2IougAr As per India's pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee. http://bit.ly/2xJO39w September 27, 2018 at 08:20PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices edge up amid uncertainty over fallout from Iran sanctions

Oil prices edge up amid uncertainty over fallout from Iran sanctions https://cnb.cx/2zANgJi Oil prices nodded up on Friday as markets attempted to determine the potential impact of impending U.S. sanctions on Iran's crude exports in November on supply. https://ift.tt/2PddWW7 September 27, 2018 at 05:25PM Energy https://cnb.cx/2KU3Ztw

Developers skip bidding; new date for submitting bids Oct 12 http://bit.ly/2xYJYgK

Image
Developers skip bidding; new date for submitting bids Oct 12 http://bit.ly/2NORcyT India’s efforts to promote domestic solar manufacturing through a large-scale tender have received damp response as most project developers did not submit bids, forcing authorities to extended the deadline for bid submission. http://bit.ly/2xYJYgK September 27, 2018 at 04:20PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

More bad news for renewables; no priority lending http://bit.ly/2OUfV1a

Image
More bad news for renewables; no priority lending http://bit.ly/2xIMXdT This had been one of the key demands of the renewable energy companies like Suzlon, ReNew Powet and Inox Wind that met with the Power Minister RK Singh on September 19 in New Delhi. http://bit.ly/2OUfV1a September 27, 2018 at 06:55AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

SECI's auction for 5GW solar manufacturing gets one bidder http://bit.ly/2OS10Ez

Image
SECI's auction for 5GW solar manufacturing gets one bidder http://bit.ly/2xGelcO As per the tender document, the bidders were allowed to bid for a minimum capacity of 1GW of manufacturing linked to 2GW of assured off take of power. http://bit.ly/2OS10Ez September 27, 2018 at 06:51AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India will continue to buy Iran's oil: Iranian foreign minister Mohammad Javad Zarif http://bit.ly/2QbG77s

Image
India will continue to buy Iran's oil: Iranian foreign minister Mohammad Javad Zarif http://bit.ly/2R485mU India, Iran's second-biggest oil client behind China, has already reduced its intake of Iranian oil but has not yet decided whether to end purchases completely. http://bit.ly/2QbG77s September 27, 2018 at 04:28AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

'Game-changer': Firm unveils a cheaper way to make batteries for electric cars and solar panels

'Game-changer': Firm unveils a cheaper way to make batteries for electric cars and solar panels https://cnb.cx/2xDNaPC A California billionaire unveiled a cheaper way to make batteries for electric cars and solar panels, The New York Times reports. One clean-energy expert, who was unrelated to the effort, called the development a "game-changer." https://ift.tt/2PddWW7 September 27, 2018 at 04:41AM Energy https://cnb.cx/2KU3Ztw

Saudi Arabia will quietly add extra oil to the market to offset a drop in Iranian production

Saudi Arabia will quietly add extra oil to the market to offset a drop in Iranian production https://cnb.cx/2Ojj79t Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production.   https://ift.tt/2PddWW7 September 27, 2018 at 12:14AM Energy https://cnb.cx/2KU3Ztw

Haryana government inks pact with Indian Oil Corporation to set up bio-CNG plants http://bit.ly/2zA3Qch

Image
Haryana government inks pact with Indian Oil Corporation to set up bio-CNG plants http://bit.ly/2N5TNPq Chairman, Haryana Renewable Energy Development Agency (HAREDA) Shailendra Shukla signed the MoU on behalf of the state government, while Executive Director Subodh Kumar signed on behalf of IOCL. http://bit.ly/2zA3Qch September 27, 2018 at 02:03AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

New Jersey utility proposes $4 billion plan to advance state's clean energy goals

New Jersey utility proposes $4 billion plan to advance state's clean energy goals https://cnb.cx/2xHWXnY PSE&G proposes spending $4 billion on energy efficiency programs, electric car infrastructure, energy storage and "smart" electricity meters. https://ift.tt/2PddWW7 September 27, 2018 at 02:02AM Energy https://cnb.cx/2KU3Ztw

US crude sanctions against Iran could push oil prices above $100 a barrel, strategists say

US crude sanctions against Iran could push oil prices above $100 a barrel, strategists say https://cnb.cx/2IkNjLW President Donald Trump's sustained bid to sanction Iranian crude exports could trigger a dramatic shortfall in global supply, strategists told CNBC on Thursday, amid renewed worries oil prices could soon rally up to triple digits. https://ift.tt/2PddWW7 September 27, 2018 at 01:42AM Energy https://cnb.cx/2KU3Ztw

Construction of Australia's biggest solar project set to start

Construction of Australia's biggest solar project set to start https://cnb.cx/2IkNiaQ The facility will be located near the town of Balranald, New South Wales. https://ift.tt/2PddWW7 September 27, 2018 at 01:00AM Energy https://cnb.cx/2KU3Ztw

This major European city wants to embrace autonomous cars

This major European city wants to embrace autonomous cars https://cnb.cx/2N44P88 In Gothenburg, authorities want to turn the city into a place where autonomous cars flourish. https://ift.tt/2PddWW7 September 26, 2018 at 09:19PM Energy https://cnb.cx/2KU3Ztw

Essar Power commissions 337-km Mahan-Sipat line http://bit.ly/2DxAxv1

Image
Essar Power commissions 337-km Mahan-Sipat line http://bit.ly/2xFQ9ap The 400 kV line is the final leg of a 465-km transmission system that has been built at an investment of ?2,400 crore, the company said in a statement. http://bit.ly/2DxAxv1 September 26, 2018 at 06:51PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Why India can't join Iran’s sanctions busters http://bit.ly/2N49Mh5

Image
Why India can't join Iran’s sanctions busters http://bit.ly/2NN2eEV India’s biggest oil buyers haven’t booked any cargoes from Iran for November, potentially cutting imports to zero http://bit.ly/2N49Mh5 September 26, 2018 at 05:43PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices rise 1 percent ahead of US sanctions against Iran

Oil prices rise 1 percent ahead of US sanctions against Iran https://cnb.cx/2N3cfs5 Oil prices climbed by 1 percent on Thursday amid expectations of markets tightening due to U.S. sanctions on Iran which are poised to go into effect in November. https://ift.tt/2PddWW7 September 26, 2018 at 04:37PM Energy https://cnb.cx/2KU3Ztw

Government may resume allotting coal to power plants with short-term PPAs http://bit.ly/2OQv6Z3

Image
Government may resume allotting coal to power plants with short-term PPAs http://bit.ly/2OduPT3 Short-term power contracts refer to contracts for less than a year. At present, domestic coal is provided only to plants having long- and mediumterm PPAs. http://bit.ly/2OQv6Z3 September 26, 2018 at 07:56AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Dharmendra Pradhan says tax cuts cannot keep oil prices low for long http://bit.ly/2xEyXlD

Image
Dharmendra Pradhan says tax cuts cannot keep oil prices low for long http://bit.ly/2MXHh4J Petrol prices have crossed Rs 90 a litre in many states while diesel is selling at over Rs 80 a litre, due to high VAT rates. http://bit.ly/2xEyXlD September 26, 2018 at 04:53AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

MHI Vestas claims industry first as it unveils huge wind turbine

MHI Vestas claims industry first as it unveils huge wind turbine https://cnb.cx/2xS2QOF The turbine's blades weigh 35 tons each.  https://ift.tt/2PddWW7 September 26, 2018 at 01:09AM Energy https://cnb.cx/2KU3Ztw

Renewable energy powerhouse Statkraft to invest $1.23 billion in renewables per year

Renewable energy powerhouse Statkraft to invest $1.23 billion in renewables per year https://cnb.cx/2xRLNMz State owned firm is looking to boost capacity in solar and wind power.  https://ift.tt/2PddWW7 September 26, 2018 at 12:38AM Energy https://cnb.cx/2KU3Ztw

Iran sanctions to cut oil supply by 1.7 million barrels per day by year-end: Platts

Iran sanctions to cut oil supply by 1.7 million barrels per day by year-end: Platts https://cnb.cx/2QVTKci Jeff Mower of S&P Global Platts discusses the outlook for crude oil production and prices as fresh sanctions against Iran are coming into effect. https://ift.tt/2PddWW7 September 25, 2018 at 01:45PM Energy https://cnb.cx/2KU3Ztw

Winning power tariff inches up to Rs 2.77 per unit http://bit.ly/2QTFEYS

Image
Winning power tariff inches up to Rs 2.77 per unit http://bit.ly/2Q8AI0X Wind power tariffs climbed in the latest auction of 1,200 MW of projects, reflecting concerns by developers over higher costs of transmission. http://bit.ly/2QTFEYS September 25, 2018 at 04:08PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices drop, Brent moves further away from 4-year high

Oil prices drop, Brent moves further away from 4-year high https://cnb.cx/2IhjtYQ Oil prices fell on Wednesday following comments from Washington's special envoy for Iran that the U.S. would ensure that oil markets are well supplied before sanctions on Iran are reimposed. https://ift.tt/2PddWW7 September 25, 2018 at 03:22PM Energy https://cnb.cx/2KU3Ztw

Cramer Remix: Don't overthink—the oil rally is for real

Cramer Remix: Don't overthink—the oil rally is for real https://cnb.cx/2OVapLS Jim Cramer explains why investors shouldn't let caution trick you into missing straightforward moves. https://ift.tt/2PddWW7 September 25, 2018 at 01:05PM Energy https://cnb.cx/2KU3Ztw

Cramer Remix: Don't overthink—the oil rally is for real

Cramer Remix: Don't overthink—the oil rally is for real https://cnb.cx/2xF0wev Jim Cramer explains why investors shouldn't let caution trick you into missing straightforward moves. https://ift.tt/2PddWW7 September 25, 2018 at 01:01PM Energy https://cnb.cx/2KU3Ztw

Could be significant hole in market without Iranian oil, says RBC's Helima Croft

Could be significant hole in market without Iranian oil, says RBC's Helima Croft https://cnb.cx/2ztoJ8J Helima Croft, RBC Capital Markets global head of commodity strategy, discusses President Trump's criticism of OPEC over high oil prices. https://ift.tt/2PddWW7 September 25, 2018 at 08:34AM Energy https://cnb.cx/2KU3Ztw

Fuel stations upgrade dispensers to display three-digit rates http://bit.ly/2Q4zW54

Image
Fuel stations upgrade dispensers to display three-digit rates http://bit.ly/2O8bR0d Petrol price rose to Rs 90.22 a litre and diesel Rs 78.69 in Mumbai on Monday. In Delhi, petrol and diesel were sold for Rs 82.86 and Rs 74.12 a litre, respectively. http://bit.ly/2Q4zW54 September 25, 2018 at 08:11AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Clean energy bids with high tariffs will be cancelled: RK Singh http://bit.ly/2xDn7ba

Image
Clean energy bids with high tariffs will be cancelled: RK Singh http://bit.ly/2N1KKiz The government and the private sector have recently been at odds following the former’s decision to cap solar tariffs at Rs 2.5 per unit for solar auctions conducted by SECI. http://bit.ly/2xDn7ba September 25, 2018 at 07:47AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India is said to cut imports of Iranian oil to zero in November http://bit.ly/2xDtlrL

Image
India is said to cut imports of Iranian oil to zero in November http://bit.ly/2N0VeyL Trump wants all oil imports from Iran to end by November, and it’s unclear if any waivers will be granted. http://bit.ly/2xDtlrL September 25, 2018 at 07:37AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Triton to set up solar battery plant in Andhra Pradesh http://bit.ly/2xMVwnt

Image
Triton to set up solar battery plant in Andhra Pradesh http://bit.ly/2QYdoob The company said the proposed solar batteries manufacturing project to come up in phases will produce batteries based on nano and lithium polymer technology. http://bit.ly/2xMVwnt September 25, 2018 at 06:24AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India eases oil import rules as it seeks to cut costs http://bit.ly/2QXks4f

Image
India eases oil import rules as it seeks to cut costs http://bit.ly/2xKDTVc The move will help refiners in Iran's second biggest oil market to boost purchases from alternative sources as U.S. President Donald Trump prepares to halt Iranian oil sales through a new set of sanctions from November 4. http://bit.ly/2QXks4f September 25, 2018 at 06:23AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Trump is relying on OPEC to tame oil prices, but analysts say that's a mistake

Trump is relying on OPEC to tame oil prices, but analysts say that's a mistake https://cnb.cx/2OcCAJ0 Analysts say OPEC's ability to drive down the cost of crude will be limited until it gets the opportunity to prove it can fill the gap left by falling Iranian exports. https://ift.tt/2PddWW7 September 25, 2018 at 06:13AM Energy https://cnb.cx/2KU3Ztw

Trump tells UN General Assembly OPEC is 'ripping off' the world

Trump tells UN General Assembly OPEC is 'ripping off' the world https://cnb.cx/2PZMJpq President Donald Trump brought his long-held grievance against OPEC to the halls of the United Nations headquarters during the UN General Assembly. https://ift.tt/2PddWW7 September 25, 2018 at 05:03AM Energy https://cnb.cx/2KU3Ztw

Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions

Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions https://cnb.cx/2pxHG4x The mechanism, called a "special purpose vehicle", would aim to "assist and reassure economic operators pursuing legitimate business with Iran," according to a joint statement released by the Iranian nuclear deal's remaining members.  https://ift.tt/2PddWW7 September 25, 2018 at 05:38AM Energy https://cnb.cx/2KU3Ztw

Luxury electric car maker Lucid is building a charging network with VW in another jab at Tesla

Luxury electric car maker Lucid is building a charging network with VW in another jab at Tesla https://cnb.cx/2zsVK5e Electrify America will build 500 charging sites across 40 U.S. states in an effort to b https://ift.tt/2PddWW7 September 25, 2018 at 04:24AM Energy https://cnb.cx/2KU3Ztw

BMW warns of lower profits on new emissions rules and escalating trade war 'distorting demand'

BMW warns of lower profits on new emissions rules and escalating trade war 'distorting demand' https://cnb.cx/2NDU3ut BMW had already expected 2018 to be a challenging year, but the trade war and new emissions standards have forced the automaker to revise targets.  https://ift.tt/2PddWW7 September 25, 2018 at 02:50AM Energy https://cnb.cx/2KU3Ztw

Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs

Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs https://cnb.cx/2pALbac https://ift.tt/2PddWW7 September 25, 2018 at 01:38AM Energy https://cnb.cx/2KU3Ztw

World's biggest baking company goes green

World's biggest baking company goes green https://cnb.cx/2xJPLH0 Grupo Bimbo wants to use more renewable electricity.  https://ift.tt/2PddWW7 September 25, 2018 at 12:40AM Energy https://cnb.cx/2KU3Ztw

How Indian solar tariffs delay Modi's renewable goals http://bit.ly/2N5BBpu

Image
How Indian solar tariffs delay Modi's renewable goals http://bit.ly/2xzZ3pO India imposed a 25% duty on solar cells and modules imported from China and Malaysia effective July 30. http://bit.ly/2N5BBpu September 25, 2018 at 12:45AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India's oil demand growth to slow down over next decades - Reliance http://bit.ly/2MZlARH

Image
India's oil demand growth to slow down over next decades - Reliance http://bit.ly/2xBmejF To meet that consumption, India has been boosting its overall refining capacity with first production from its upcoming West Coast refinery expected in 2022. http://bit.ly/2MZlARH September 24, 2018 at 10:54PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Renewables may account for 18% of total power generation by 2022 http://bit.ly/2Nzu338

Image
Renewables may account for 18% of total power generation by 2022 http://bit.ly/2Du7isZ According to the agency, renewable energy's share in the electricity generation mix is likely to rise to around 18 per cent by 2022, from close to 7.8 per cent as of March 2018. http://bit.ly/2Nzu338 September 24, 2018 at 09:57PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Why Narendra Modi may have to blink on oil prices http://bit.ly/2xCgkys

Image
Why Narendra Modi may have to blink on oil prices http://bit.ly/2N5iImA Modi has remained steadfast so far, hoping to ride out the global spike. But now he may have to blink. http://bit.ly/2xCgkys September 24, 2018 at 09:31PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India's oil demand to climb to 500 million tonnes per year by 2040: Indian Oil http://bit.ly/2pxUdEX

Image
India's oil demand to climb to 500 million tonnes per year by 2040: Indian Oil http://bit.ly/2IdNQiH That would be equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017. http://bit.ly/2pxUdEX September 24, 2018 at 08:23PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Fuel price hike continues unabated, rates at all-time high across country http://bit.ly/2IeJ44z

Image
Fuel price hike continues unabated, rates at all-time high across country http://bit.ly/2px1SDA On Monday, the petrol price in Mumbai crossed the landmark level of Rs 90 per litre. Diesel prices also hit new highs for the second consecutive day. http://bit.ly/2IeJ44z September 24, 2018 at 04:57PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil firm as OPEC, Russia resist calls to raise output as Iran sanctions loom

Oil firm as OPEC, Russia resist calls to raise output as Iran sanctions loom https://cnb.cx/2xJbDSS Oil prices saw gains on Tuesday, with the Brent crude futures contract remaining near the four-year high reached in the prior session. https://ift.tt/2PddWW7 September 24, 2018 at 04:46PM Energy https://cnb.cx/2KU3Ztw

Fracking showdown heats up in Colorado

Fracking showdown heats up in Colorado https://cnb.cx/2DqSJpZ Voters in Colorado will decide whether to institute larger setbacks for oil and gas operations, which would make most of the state off limits to drilling, according to US News & World Report. https://ift.tt/2PddWW7 September 24, 2018 at 08:56AM Energy https://cnb.cx/2KU3Ztw

Robo-farming: The first ever robotic indoor farm will supply Whole Foods, Jungle Jim's grocery store

Robo-farming: The first ever robotic indoor farm will supply Whole Foods, Jungle Jim's grocery store https://cnb.cx/2xPdMwg A farm has plans to build a large, fully automated indoor farm, which will produce specialty greens to supply Fairfield-based Jungle Jim's International Market, Dayton-based Dorothy Lane Markets and national heavyweights such as Whole Foods and U.S. Foods. It will be the first of its kind, Cincinnati Business Courier reports.  https://ift.tt/2PddWW7 September 24, 2018 at 07:13AM Energy https://cnb.cx/2KU3Ztw

Govt sets up five-member panel to look into land issues of mega Ratnagiri refinery project http://bit.ly/2zqICgY

Image
Govt sets up five-member panel to look into land issues of mega Ratnagiri refinery project http://bit.ly/2OJLXgk The committee will be headed by D M Sukthankar, former Chief Secretary of Maharashtra and former Secretary of the ministry of urban development. http://bit.ly/2zqICgY September 24, 2018 at 03:00AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

E.ON and Equinor's $1.41 billion offshore wind farm sends first electricity to grid

E.ON and Equinor's $1.41 billion offshore wind farm sends first electricity to grid https://cnb.cx/2NC8oY0 The Arkona wind farm is located in the German part of the Baltic Sea.  https://ift.tt/2PddWW7 September 24, 2018 at 02:02AM Energy https://cnb.cx/2KU3Ztw

Brent crude breaks $80, its highest since 2014, as oil market tightens

Brent crude breaks $80, its highest since 2014, as oil market tightens https://cnb.cx/2DsoT4B Brent crude breached $80 a barrel on Monday on the back of a tightening oil market and OPEC leaders signaling they won't be immediately boosting output. https://ift.tt/2PddWW7 September 24, 2018 at 01:39AM Energy https://cnb.cx/2KU3Ztw

Tesla made a big deal out of its Solar Roof in 2016, but two years later it has barely shipped any

Tesla made a big deal out of its Solar Roof in 2016, but two years later it has barely shipped any https://cnb.cx/2NBb8VB Elan Musk unveiled prototypes of Tesla's solar roof tiles in October 2016, but the announcement came before the product was ready for mass production. https://ift.tt/2PddWW7 September 24, 2018 at 01:30AM Energy https://cnb.cx/2KU3Ztw

Saudi Aramco CEO on the oil market and its initial public offering

Saudi Aramco CEO on the oil market and its initial public offering https://cnb.cx/2DpmXK3 Saudi Aramco CEO Amin Nasser speaks with CNBC's Brian Sullivan in an interview about the oil giant's initial public offering and the oil market. https://ift.tt/2PddWW7 September 24, 2018 at 12:57AM Energy https://cnb.cx/2KU3Ztw

NTPC gets green nod for Rs 7,732 crore expansion project in Odisha http://bit.ly/2PXFluT

Image
NTPC gets green nod for Rs 7,732 crore expansion project in Odisha http://bit.ly/2O3qH86 The company's proposal is to add two additional units of 660 MW each in the existing premise of the Talcher Tehermal Power Project in Odisha's Angul district. http://bit.ly/2PXFluT September 24, 2018 at 01:44AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Iran's latest terrorist attack matters more than OPEC's latest meeting, RBC's Croft says

Iran's latest terrorist attack matters more than OPEC's latest meeting, RBC's Croft says https://cnb.cx/2ONsKdo Oil market attention was focused on an OPEC meeting in Algeria this weekend, but it was Saturday's terrorist attack in an oil-rich part of Iran that "could have serious security implications." https://ift.tt/2PddWW7 September 24, 2018 at 12:35AM Energy https://cnb.cx/2KU3Ztw

Another major retailer just announced plans to tackle plastic pollution

Another major retailer just announced plans to tackle plastic pollution https://cnb.cx/2zq9zRD The Co-op joins a growing list of retailers looking to reduce their use of plastic.  https://ift.tt/2PddWW7 September 23, 2018 at 11:52PM Energy https://cnb.cx/2KU3Ztw

Government may opt to control retail fuel prices to cushion inflationary shocks: S&P http://bit.ly/2DrQ1AA

Image
Government may opt to control retail fuel prices to cushion inflationary shocks: S&P http://bit.ly/2NzMcxH With petrol and diesel prices scaling record highs, S&P Global Ratings Monday said the government may opt to control retail fuel prices to cushion inflationary shocks. http://bit.ly/2DrQ1AA September 24, 2018 at 12:09AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Saudi Aramco CEO can't say whether IPO will happen by 2020

Saudi Aramco CEO can't say whether IPO will happen by 2020 https://cnb.cx/2O4i0KG Saudi Arabia remains committed to listing shares of state-owned oil giant Aramco on the stock market, but CEO Amin Nasser says he can no longer offer a timeline for the initial public offering. https://ift.tt/2PddWW7 September 23, 2018 at 11:04PM Energy https://cnb.cx/2KU3Ztw

Refiners may reduce oil imports as crude prices soar, Re struggles http://bit.ly/2pyFj1u

Image
Refiners may reduce oil imports as crude prices soar, Re struggles http://bit.ly/2IbdqoC Refiners must pay for their crude in dollars and the soaring import costs are becoming a headache for Modi. http://bit.ly/2pyFj1u September 23, 2018 at 09:16PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

NHPC moves SC against Delhi High Court order on arbitral award http://bit.ly/2IaGZ9Y

Image
NHPC moves SC against Delhi High Court order on arbitral award http://bit.ly/2pvvwJh NHPC has challenged the Sep 13 order of a division bench of the HC which had dismissed its appeal asking it to either pay the arbitral amount to Hindustan Construction Company Limited or deposit Rs 40 crore with the the HC http://bit.ly/2IaGZ9Y September 23, 2018 at 08:48PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Siemens is looking to provide electricity for 300,000 Iraqis in three months, CEO says

Siemens is looking to provide electricity for 300,000 Iraqis in three months, CEO says https://cnb.cx/2xKJDhQ Siemens CEO Joe Kaeser told CNBC he met with Iraqi Prime Minister Haider al-Abadi in Baghdad to discuss a plan to expand Iraq's power production capacity and support its economic development. https://ift.tt/2PddWW7 September 23, 2018 at 08:20PM Energy https://cnb.cx/2KU3Ztw

The oil markets appear to be 'quite balanced,' says analyst

The oil markets appear to be 'quite balanced,' says analyst https://cnb.cx/2QSl4Ii Alejandro Barbajosa of Argus Media says the forecast by the Organization of the Petroleum Exporting Countries for 2019 "goes a long way" to explain why Saudi Arabia's oil minister Khalid al-Falih is "so convinced" that the market is well supplied. https://ift.tt/2PddWW7 September 23, 2018 at 05:47PM Energy https://cnb.cx/2KU3Ztw

Is LNG impacted by the trade war?

Is LNG impacted by the trade war? https://cnb.cx/2xJPWSF Chinese and American tariffs haven't made an impact yet but supply side issues are more of a problem, explains Janet Kong of BP. https://ift.tt/2PddWW7 September 23, 2018 at 04:54PM Energy https://cnb.cx/2KU3Ztw

JP Morgan sees Brent at $85 by Q4

JP Morgan sees Brent at $85 by Q4 https://cnb.cx/2O2uGSu Oil markets are tight due to a combination of geopolitical risk and supply-side issues, according to Abhishek Deshpande of J.P. Morgan. https://ift.tt/2PddWW7 September 23, 2018 at 03:43PM Energy https://cnb.cx/2KU3Ztw

Oil demand remains high despite tariff woes: S&P Global Platts

Oil demand remains high despite tariff woes: S&P Global Platts https://cnb.cx/2xLVcoY Oil demand is unlikely to be impacted by trade tariffs, unless they spur a wider economic downturn, according to Martin Fraenkel, President at S&P Global Platts. https://ift.tt/2PddWW7 September 23, 2018 at 03:19PM Energy https://cnb.cx/2KU3Ztw

Petrol prices continue to scale new heights, breaches Rs 90-mark in Mumbai http://bit.ly/2PZViR9

Image
Petrol prices continue to scale new heights, breaches Rs 90-mark in Mumbai http://bit.ly/2O9Uhsq In the national capital,the prices of petrol and diesel are Rs 82.72 per litre and Rs 74.02 per litre respectively. http://bit.ly/2PZViR9 September 23, 2018 at 05:09PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Bombay High Court directs regulator to consult wind energy developers http://bit.ly/2xNTymS

Image
Bombay High Court directs regulator to consult wind energy developers http://bit.ly/2QUiIIT In Maharashtra, the regulator had classified the state’s wind projects according to their locations in 2010 and reaffirmed them with modifications in 2015. http://bit.ly/2xNTymS September 23, 2018 at 04:29PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil rises as markets tighten ahead of Iran sanctions

Oil rises as markets tighten ahead of Iran sanctions https://cnb.cx/2pxX9S2 Oil prices increased on Monday amid a tightening U.S. market, with planned sanctions by Washington on Iran in Novermber looming. https://ift.tt/2PddWW7 September 23, 2018 at 03:14PM Energy https://cnb.cx/2KU3Ztw

Oil prices would be 'cheaper' if Trump would stop tweeting, Iran official says

Oil prices would be 'cheaper' if Trump would stop tweeting, Iran official says https://cnb.cx/2xKvDEL Trump has criticized producer cartel OPEC several times on Twitter over what he claims is the deliberate inflation of oil prices. https://ift.tt/2PddWW7 September 23, 2018 at 06:47AM Energy https://cnb.cx/2KU3Ztw

Solar plants await clarity on GST rate http://bit.ly/2Q0V3pf

Image
Solar plants await clarity on GST rate http://bit.ly/2O50Cpd The rulings of the appellate authorities came on appeals against the decisions of the Karnataka and Maharashtra advance ruling authorities, which had pegged the GST rate at 5% and 18%, respectively. http://bit.ly/2Q0V3pf September 23, 2018 at 07:12AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Bombay High Court directs power regulator to consult wind developers on wind zones dispute http://bit.ly/2QVxpvg

Image
Bombay High Court directs power regulator to consult wind developers on wind zones dispute http://bit.ly/2xJlDLQ “The government cannot retrospectively change the clauses in any PPA on some pretext or the other. The discom is arm-twisting developers to get lower tariffs by reopening PPAs,” said Sunil Jain, CEO of Hero. http://bit.ly/2QVxpvg September 23, 2018 at 06:43AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Trump's claim that OPEC is pushing oil prices up is 'not true,' Saudi oil minister says

Trump's claim that OPEC is pushing oil prices up is 'not true,' Saudi oil minister says https://cnb.cx/2PXpQ65 Saudi Arabia's oil minister rebuffed President Donald Trump's recent accusations that OPEC is pushing crude prices higher, insisting that supply is robust and OPEC will work to offset geopolitical challenges to the market.  https://ift.tt/2PddWW7 September 23, 2018 at 05:14AM Energy https://cnb.cx/2KU3Ztw

Russia says it has 'significant potential' to hike oil production after Iran sanctions

Russia says it has 'significant potential' to hike oil production after Iran sanctions https://cnb.cx/2I7xBns Russia could restore production to "October 2016 levels," Energy Minister Alexander Novak said. https://ift.tt/2PddWW7 September 23, 2018 at 04:54AM Energy https://cnb.cx/2KU3Ztw

ONGC gets 'green nod' for development drilling of 72 wells in Krishna-Godavari basin. http://bit.ly/2MW2VGz

Image
ONGC gets 'green nod' for development drilling of 72 wells in Krishna-Godavari basin. http://bit.ly/2xziyyH "The EAC, after deliberations, recommended the project for grant of environmental clearance, subject to compliance of terms and conditions as under,". http://bit.ly/2MW2VGz September 22, 2018 at 09:25PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

OVL slapped with Rs 7,666-crore service tax demand http://bit.ly/2znRnbu

Image
OVL slapped with Rs 7,666-crore service tax demand http://bit.ly/2OLjI0u OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has stakes in 41 projects in 20 countries spanning from Venezuela to New Zealand. http://bit.ly/2znRnbu September 22, 2018 at 08:10PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol prices continue to rise; Rs 89.80 in Mumbai http://bit.ly/2QQNoLd

Image
Petrol prices continue to rise; Rs 89.80 in Mumbai http://bit.ly/2xIg949 In the financial capital of the country, petrol was sold at Rs 89.80, up from Rs 89.69 per litre on Friday, data on the Indian Oil Corp's website showed. http://bit.ly/2QQNoLd September 22, 2018 at 02:04AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq