GoGreen Talk

With 1 million homes still in the dark, Modi government misses power goal http://bit.ly/2s1WwRW This will delay the success of a marquee $2.3-billion goal that Modi was planning to showcase before polls. http://bit.ly/2LJGw03 December 31, 2018 at 06:03PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

96% households get electricity connections http://bit.ly/2Qdo2Ww Uttar Pradesh, which hosted close to half of the targeted unelectrified households, has achieved 100% electrification, a statement issued by the power ministry said. http://bit.ly/2VopeKy December 31, 2018 at 03:53PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices are set for their worst year since 2015 — here's what went wrong https://cnb.cx/2Apte4B U.S. crude is on pace to end the year down 25 percent, while international benchmark Brent crude is down about 21 percent in 2018. https://ift.tt/2PddWW7 December 31, 2018 at 06:44AM Energy https://cnb.cx/2KU3Ztw

India exempts rupee payments for Iran oil from hefty taxes http://bit.ly/2SuKX1o The exemption will let Indian refiners to settle about $1.5 billion of outstanding payments. http://bit.ly/2AlGjM8 December 31, 2018 at 04:37AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India's diesel demand to double by 2029-30: Dharmendra Pradhan http://bit.ly/2SuJ0BU India saw oil consumption rise from 197.8 MT in 2015 to 217.1 MT in 2016 and 222.1 MT in 2017, the Oil Minister said. http://bit.ly/2ApgCKN December 31, 2018 at 04:33AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Subsidised LPG price cut by Rs 5.91, non-subsidised rate reduced by Rs 120.50 http://bit.ly/2LLoevy This is the second straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle. http://bit.ly/2rXmExw December 31, 2018 at 03:33AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices rise but set for first yearly drop since 2015 https://cnb.cx/2EYXtSI Oil prices rose about 2 percent on the final day of the year on Monday, mirroring gains in stock markets, but were on track for the first annual decline in three years amid lingering concerns of a persistent supply glut. https://ift.tt/2PddWW7 December 31, 2018 at 12:25AM Energy https://cnb.cx/2KU3Ztw

BHEL bags Rs 3500 cr order from West Bengal http://bit.ly/2QhtHLi BHEL’s scope of work in the project includes design, engineering, manufacture, supply, and commissioning of the main plant turnkey package. http://bit.ly/2VdWKTs December 30, 2018 at 11:37PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol, diesel prices cut again on New Year's eve http://bit.ly/2QcYXuJ Petrol price in Delhi was cut to Rs 68.84 from Rs 69.04 per litre while diesel dipped to Rs 62.86 from Rs 63.09. http://bit.ly/2Vlq7mL December 30, 2018 at 09:16PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

CIL to supply 25% coal to non-power sector http://bit.ly/2AqdLkB The dry fuel supplier is expected to supply 680 mn tonnes of coal during the current fiscal. Between January and March next year, it is scheduled to produce a minimum of 170 million tonnes, 25% of this is about 42 million tonnes. http://bit.ly/2Syf5Jq December 30, 2018 at 03:49PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Reliance, BP get key ship on KG-D6 for expediting gas output http://bit.ly/2ETGod3 Reliance is the operator of KG-D6 block with 60 per cent interest while BP plc holds 30 per cent stake. Niko Resources of Canada holds the remaining 10 per cent. http://bit.ly/2EXLk1l December 30, 2018 at 02:41AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Bihar CM Nitish Kumar inaugurates Rs 54.19 crore grid station in Nawada http://bit.ly/2rYrXNd Nitish Kumar also inspected switch gear room and control and relay room after inaugurating the grid. http://bit.ly/2LFpRuF December 30, 2018 at 02:18AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

'15,000 tonnes of uranium needed to achieve supply security of fuel for nuclear plants' http://bit.ly/2BYgm5t Currently, a major portion of domestic production of uranium comes from the Jaduguda mines of Jharkhand, which are "old" and the ore is found at "great depths." http://bit.ly/2QWviLy December 29, 2018 at 11:35PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Reliance, BP get key ship on KG-D6 for expediting gas output http://bit.ly/2s1653S Reliance-BP are targeting to bring to production the R-Series and satellite fields in KG-D6 block by 2020, just around the time KG-D6 block's currently producing Dhirubhai-1 and 3 (D1 and D3) fields cease to produce. http://bit.ly/2LEdVcw December 29, 2018 at 10:04PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol price cut to its lowest level in 2018, diesel rates at 9-month low http://bit.ly/2rYBRyp Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. http://bit.ly/2LHHHx1 December 29, 2018 at 09:48PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Coal allocation by CIL to power sector under e-auction drops 20% in Apr-Nov http://bit.ly/2s163Ji Coal India (CIL) had allocated 27.43 million tonnes (MT) of coal in the April-November period of 2017-18, according to the latest monthly summary for the Cabinet by the coal ministry. http://bit.ly/2LDVQeB December 29, 2018 at 09:43PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Sharply fluctuating fuel prices defined oil and gas sector in 2018 http://bit.ly/2GJfCGM In mid-May, the price of petrol in Mumbai breached the Rs 86-a-litre mark as fuel prices across the country increased for the 15th day in a row, surpassing fresh records daily. http://bit.ly/2RoybEn December 29, 2018 at 09:05PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Solar industry demands uniform GST rate of 5 per cent http://bit.ly/2GJfBTe The government has set a target of 175 GW of renewable power by 2022 which includes 100 GW of solar power. http://bit.ly/2RnxDhY December 29, 2018 at 08:52PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

After four years of sunny outlook, solar sector struggles to keep growth intact http://bit.ly/2LECd63 India's solar sector has faced multiple challenges related to a mix of policy level issues and macro-economic factors. Safeguard duty was finally imposed in July after a lot of uncertainty in the first half of the year. http://bit.ly/2rXaS6c December 29, 2018 at 08:12PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Here's why gas prices are falling, and why drivers shouldn't get too used to them https://cnb.cx/2SyGRVO Travel experts explain to CNBC how travelers can get the most out of their holiday road trip. https://ift.tt/2PddWW7 December 29, 2018 at 12:16PM Energy https://cnb.cx/2KU3Ztw

Fuel prices down 30 paise, petrol at new 2018 low http://bit.ly/2BKMjho The decline in domestic fuel prices comes amid the recent fall in global crude oil prices. http://bit.ly/2QVyvej December 28, 2018 at 11:23PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

No land for wind projects as Solar Corporation of India demands financial closure http://bit.ly/2VgZ9gg The projects were won by companies in Solar Corporation of India’s (SECI) auction of 2,000 MW of projects in April this year. SECI has now asked for quick financial closure. http://bit.ly/2QbdiYC December 28, 2018 at 04:55PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst says https://cnb.cx/2ES1YP0 Investment bank Jefferies cut its price targets for offshore drilling stocks on Friday, saying the collapse in oil prices has made an anticipated recovery for the beaten-down sector in 2020 unlikely. https://ift.tt/2PddWW7 December 28, 2018 at 08:23AM Energy https://cnb.cx/2KU3Ztw

Russia dashes plans to make its oil market alliance with OPEC permanent https://cnb.cx/2Q8PwML Russian Energy Minister Alexander Novak on Friday poured cold water on long-simmering plans to institutionalize Moscow's alliance with OPEC and other oil producers. https://ift.tt/2PddWW7 December 28, 2018 at 04:46AM Energy https://cnb.cx/2KU3Ztw

Oil prices jump, but oversupply worries persist https://cnb.cx/2QW72co Oil prices gained on Friday, regaining some of the ground they lost in the previous session, though growth in U.S. crude stockpiles and persisting worries over the global economy kept markets under pressure. https://ift.tt/2PddWW7 December 27, 2018 at 05:23PM Energy https://cnb.cx/2KU3Ztw

Lower oil prices are making some US fracking stocks look like bargains, says analyst https://cnb.cx/2QT7N6c Stocks of oil production companies such as Diamondback Energy will ultimately win out in an environment with low crude prices, says energy analyst Mike Kelly. https://ift.tt/2PddWW7 December 27, 2018 at 11:22AM Energy https://cnb.cx/2KU3Ztw

Saudi king shakes up Cabinet in the wake of Khashoggi crisis https://cnb.cx/2RiF0aj King Salman of Saudi Arabia announced Thursday that he is shaking up his Cabinet, capping a tumultuous period that has plunged the kingdom into its biggest international crisis since he took the throne. https://ift.tt/2PddWW7 December 27, 2018 at 10:20AM Energy https://cnb.cx/2KU3Ztw

Oil market volatility seen continuing into the New Year https://cnb.cx/2GIytBZ U.S. crude plunged to an 18-month low just above $42 on Monday, only to rally nearly 9 percent to $46.22 on Wednesday. https://ift.tt/2PddWW7 December 27, 2018 at 09:22AM Energy https://cnb.cx/2KU3Ztw

Fear in crude is that demand is going to fall of a cliff, says oil pro https://cnb.cx/2VdVCzp Mike Kelly, Seaport Global Securities head of exploration and production research, and CNBC's Brian Sullivan join 'Power Lunch' to discuss the crude oil reversal. https://ift.tt/2PddWW7 December 27, 2018 at 08:01AM Energy https://cnb.cx/2KU3Ztw

Crude oil makes a big reversal https://cnb.cx/2V76lLM "Futures Now" Jeff Kilburg of KKM Financial and Jim Iuorio of TJM Institutional Services discusses the reversal in crude oil with Jackie DeAngelis. https://ift.tt/2PddWW7 December 27, 2018 at 07:30AM Energy https://cnb.cx/2KU3Ztw

Crude volatility partially due to Saudi saturation of market, says strategist https://cnb.cx/2RoWCRU Helima Croft, head of commodity strategy at RBC, and John Kilduff, Again Capital founding partner, speak with CNBC's "Squawk on the Street" team about swinging oil prices. https://ift.tt/2PddWW7 December 27, 2018 at 05:26AM Energy https://cnb.cx/2KU3Ztw

2019 Playbook: Oil and Energy https://cnb.cx/2EMRhNL A look at what to expect from hedge funds next year, with CNBC’s Brian Sullivan https://ift.tt/2PddWW7 December 27, 2018 at 02:42AM Energy https://cnb.cx/2KU3Ztw

Oil prices fall after jump the day before; glut, economy worries weigh https://cnb.cx/2Vcej6r Oil prices declined on Thursday after surging at least 7.9 percent during the previous session. https://ift.tt/2PddWW7 December 26, 2018 at 08:15PM Energy https://cnb.cx/2KU3Ztw

UBS expects 'quite sharp gains' in oil in 2019 https://cnb.cx/2ES1iJk Dominic Schnider of UBS Wealth Management says he sees oil prices heading toward $70 to $80 per barrel. He also says the market seems to be "underestimating" the fact that the Organisation of the Petroleum Exporting Countries will be cutting supply by 1.2 million barrels. https://ift.tt/2PddWW7 December 26, 2018 at 01:45PM Energy https://cnb.cx/2KU3Ztw

Decline in oil is the decline in stock market, says Tom McClellan https://cnb.cx/2rWKLfz Tom McClellan of The McClellan Market Report joins CNBC's "Closing Bell" to weigh in on why crude oil is surging and what's next for the commodity. https://ift.tt/2PddWW7 December 26, 2018 at 10:45AM Energy https://cnb.cx/2KU3Ztw

Futures Now: Crude bounces off 18- month low https://cnb.cx/2GIsWuY 'Futures Now' Bob Iaccino, Path Trading Partners, and Jeff Kilburg, KKM Financial, join CNBC's Jackie DeAngelis to discuss the crude oil market. https://ift.tt/2PddWW7 December 26, 2018 at 07:30AM Energy https://cnb.cx/2KU3Ztw

In 8 months, state refiners use 63% of Rs 89,000 cr capex target for FY 19 http://bit.ly/2Rjr8N7 State refiners are spending thousands of crores in expanding capacity and upgrading their facilities to produce low-emission fuel. http://bit.ly/2GDBG5C December 26, 2018 at 08:00AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Wall Street sees a recovery for oil prices in 2019 — and plenty of risk to that forecast https://cnb.cx/2TbYDhz Investment banks expect Brent crude to average about $68-$73 a barrel next year, but analysts say there is ample opportunity for prices to spike outside of that range. https://ift.tt/2PddWW7 December 26, 2018 at 04:28AM Energy https://cnb.cx/2KU3Ztw

IHS Markit doesn't see oil prices recovering anytime soon https://cnb.cx/2rTvTP7 Victor Shum of IHS Markit says Brent Crude prices could fall to $40 per barrel by the second quarter of 2019 if demand growth falters. https://ift.tt/2PddWW7 December 25, 2018 at 02:43PM Energy https://cnb.cx/2KU3Ztw

US oil prices rebound after tumbling to lowest since June 2017 on economy fears https://cnb.cx/2CztMGy Oil prices were mixed in thin trading on Wednesday as U.S. crude futures rebounded from sharp declines seen in the previous session. https://ift.tt/2PddWW7 December 25, 2018 at 04:51PM Energy https://cnb.cx/2KU3Ztw

Petrol price touches new low in Delhi at Rs 69.79 per litre http://bit.ly/2ShItDm As per the country's dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a 15-day average and the value of the rupee. http://bit.ly/2AgKOrk December 25, 2018 at 04:07AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

NTPC for single window registration for MSEs http://bit.ly/2QOFbe5 NTPC's total procurement reaches around Rs 1,000 crore in a year from 3,500 vendors. Last fiscal, it stood at Rs 1,163 crore. http://bit.ly/2BCLAi9 December 24, 2018 at 11:26PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Decade-long experience in sector gives company an edge over others: Azure CEO http://bit.ly/2Ab1UXu While the tender was termed as inherently flawed by the rest, a decade-long experience in the sector has provided the company an edge which others may have lacked, a senior executive of the company said. http://bit.ly/2SjqYTn December 24, 2018 at 04:07PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Despite December doldrums, many Wall Street analysts are bullish for 2019 https://cnb.cx/2TapZ86 Despite the market turmoil in December, many of Wall Street's top analysts remain bullish for 2019. A CNBC survey found that the average strategist sees the S&P 500 ending next year above 3,000. https://ift.tt/2PddWW7 December 24, 2018 at 09:29AM Energy https://cnb.cx/2KU3Ztw

Plunging oil prices show the market is worried about a recession in 2019, says analyst https://cnb.cx/2EMgCaJ The continuing collapse in oil prices signals investors are worried about a 2019 recession, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. https://ift.tt/2PddWW7 December 24, 2018 at 04:59AM Energy https://cnb.cx/2KU3Ztw

Power ministry mandates use of smart prepaid meters from April 2019 http://bit.ly/2See6xO Power minister R.K Singh has, in the past, made a strong pitch for smart and pre-paid metering as a means of making state utilities more efficient and bringing down their losses. http://bit.ly/2AgLwEX December 24, 2018 at 04:29AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol below Rs 70 in Delhi; lowest in 2018 http://bit.ly/2LwYmDw In southern metropolitan city of Chennai too, petrol price declined to the lowest level in 2018 at Rs 72.48, down from Rs 72.70 on Sunday. http://bit.ly/2rTKjyO December 24, 2018 at 04:19AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Producer cuts are set to boost the oil market in 2019, data firm projects https://cnb.cx/2Adh12w Crude oil will remain oversupplied in the first quarter of 2019 as the market works through stocks, said energy information provider Argus Media. https://ift.tt/2PddWW7 December 23, 2018 at 05:31PM Energy https://cnb.cx/2KU3Ztw

Oil eases on oversupply concerns ahead of holiday https://cnb.cx/2AfhUYr Oil prices slipped on Monday ahead of the Christmas holiday break, following last week's steep losses on the back of concerns over a global oversupply. https://ift.tt/2PddWW7 December 23, 2018 at 04:34PM Energy https://cnb.cx/2KU3Ztw

Wind developers petition APTEL against Tamil Nadu power regulator http://bit.ly/2Cv1A7E In April this year, the Tamil Nadu Electricity Regulatory Authority (TNERC) set a feed in tariff for wind power of Rs 2.80 per unit with accelerated depreciation benefit. http://bit.ly/2TaA0lD December 23, 2018 at 03:24PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil: The rollercoaster ride http://bit.ly/2rQ7Lga It began the year at around $66, reached $80 by May, touched the four-year peak of $86 on October 3, and tumbled below $54 last week. http://bit.ly/2Lwk9uP December 23, 2018 at 08:24AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Azure power qualifies for technical round, government discussing tariff http://bit.ly/2LzgSuT Solar Energy Corporation of India (SECI) floated a 10 GW solar tender in May, linked with 5 GW manufacturing capacity, which was later brought down to 3 GW. http://bit.ly/2rSXKPw December 23, 2018 at 07:50AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol price down by 20 paise across metros http://bit.ly/2PXXEQd In the national capital, petrol was sold at Rs 70.07, down from Rs 70.27 per litre on Saturday, according to data on the Indian Oil Corp's website. http://bit.ly/2V57OCp December 22, 2018 at 11:29PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

CEA study finds 200 new sites for thermal power plants of 428.9GW http://bit.ly/2rPwRfh The authority conducted the study for identifying large pithead and coastal sites based on satellite mapping using remote sensing technology. http://bit.ly/2LuOmui December 22, 2018 at 08:11PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

NLC India retires 100 MW unit of Thermal Power Station-1 in Tamil Nadu http://bit.ly/2GB2JyA The station's generating capacity stands reduced to 500 MW, NLC India Ltd said in a BSE filing. http://bit.ly/2Rg91aI December 22, 2018 at 01:24AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

GE Power India consortium bags order in Malaysia http://bit.ly/2rR0jkZ The company said it will be the leader of the consortium and will be responsible for the design, manufacture and supply of the main electro-mechanical equipment for the Baleh Hydroelectric project. https://ift.tt/2PddWW7 December 21, 2018 at 09:47PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Government to auction power transmission contracts worth Rs 8,000 crore soon http://bit.ly/2BxU7mx The government has also compressed the timeline for implementing the projects to 18 months while setting September 2020 as the target completion date for some projects. http://bit.ly/2QLFDKl December 21, 2018 at 05:29PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Power Surge https://cnb.cx/2T1RO28 Electric vehicles are gaining momentum with longer driving ranges and more price ranges. Reporter Phil LeBeau goes inside Tesla’s Gigafactory where battery packs and engines are made. Beyond Tesla, both luxury and mainstream automakers are developing fully electric vehicles. We ask Kelley Blue Book’s Rebecca Lindland what it will take for more drivers to make the shift to electric. https://ift.tt/2PddWW7 December 21, 2018 at 04:39AM Energy https://cnb.cx/2KU3Ztw

Oil companies setting up 60 LPG bottling plants under PPP mode http://bit.ly/2GASdan A bottling plant has many such sets with annual capacity of 120,000 tonnes per annum while small private bottling plants would have the capacity of 30,000 tonnes per annum each. http://bit.ly/2RcSLaB December 21, 2018 at 05:50AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Foreign players sweep Gujarat solar auction http://bit.ly/2UZVao8 The last auction conducted by GUVNL in September for 500 MW had seen a lowest winning tariff of Rs 2.44 per unit. http://bit.ly/2PTTrNf December 21, 2018 at 05:22AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

IOCL ramping up LPG facility in Northeast India http://bit.ly/2SlATre There is spurt in the LPG demand following the Pradhan Mantri Ujjwala Yojna (PMUJ). http://bit.ly/2A96PIA December 21, 2018 at 01:58AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Petrol costs Rs 34 per litre before tax, dealer commission in NCR http://bit.ly/2AczUCT On December 19, the retail price of petrol was Rs 70.63 a litre. This included, Rs 17.98 central excise duty, Rs 15.02 state VAT and Rs 3.59 commission of dealer. http://bit.ly/2SlAPaY December 21, 2018 at 01:32AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Govt and industry bullish on renewable prospects, but devil lies in resolving tariff and infrastructure costs http://bit.ly/2QMaNRN According to MNRE, a cumulative renewbale energy capacity of 73.35 GW had been installed in the country till October 31, 2018, with 21.55 GW under various stages of installation. http://bit.ly/2BuanEU December 20, 2018 at 08:48PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Why missing this target may not be so bad after all http://bit.ly/2LvlNwW In UP, the highest amount of electrification - 23.7 lakh consumers was done by Poorvanchal Discom, covering east UP. The discom had a target of 42 lakh households. http://bit.ly/2rNg64k December 20, 2018 at 07:52PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices rise as OPEC output cuts seen to be deeper than previously expected https://cnb.cx/2PRh0q7 Oil prices rose on Friday on the back of signs that OPEC's production cuts, which are due to start next month, would be deeper than expected. https://ift.tt/2PddWW7 December 20, 2018 at 07:48PM Energy https://cnb.cx/2KU3Ztw

India mulls building natural gas reserves http://bit.ly/2PUKljH India considering putting storage facility in place on lines of strategic oil reserves to meet any supply disruption. http://bit.ly/2UZ5qgn December 20, 2018 at 07:54AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Mcleodganj to have no power for eight hours on Friday http://bit.ly/2EGwHz9 Mcleodganj, the home of Tibetan spiritual leader Dalai Lama, will be without power from 9.00 am to 5.00 pm on December 21 due to repair and maintenance of power lines http://bit.ly/2EBTIT1 December 20, 2018 at 06:51AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Saudi Arabia is reportedly cutting oil output by more than expected https://cnb.cx/2EIbLry OPEC is reportedly planning to release a table detailing voluntary supply cut quotas among its members and allies, Reuters reported Thursday. https://ift.tt/2PddWW7 December 19, 2018 at 11:58PM Energy https://cnb.cx/2KU3Ztw

GE Renewable Energy bags ReNew Power order for 300 MW wind turbines http://bit.ly/2EFx8dh A company statement here on Wednesday said the wind farm with a proposed installed capacity of 300 MW will be the largest full turnkey project by GE Renewable Energy in India. http://bit.ly/2EAvE3d December 19, 2018 at 11:14PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Oil prices resume drop, shed most of last session's gains https://cnb.cx/2SdvkuX Oil prices declined on Thursday to wipe out most of their gains from the previous day, continuing a downswing seen earlier in the week amid concerns over oversupply and the global economic outlook. https://ift.tt/2PddWW7 December 19, 2018 at 07:15PM Energy https://cnb.cx/2KU3Ztw

Delhi: You’ll get Rs 50/hour for first 2 hours of outages http://bit.ly/2A6Yxkm The compensation policy is in line with the directions issued by Delhi government under Section 108 of the Electricity Act, 2003. http://bit.ly/2S6Pxm5 December 19, 2018 at 07:41PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

CERC draft provides continuity in return on equity, tariff structure http://bit.ly/2Ahb0SP The regulator has sought public comments till January 15 after which it will conduct public hearing by end-January before finalising the norms. http://bit.ly/2ScG2lq December 19, 2018 at 04:06PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

India must ensure steady power supply for electrification drive to be successful: World Bank http://bit.ly/2A3uOsw The World Bank said in the report that India lost a massive $86.1 billion, or around 4% of its GDP, because of distortions in the power sector in FY16. http://bit.ly/2S6AGIl December 19, 2018 at 03:55PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Poland's goal of ditching Russian natural gas bolsters American LNG and Trump's energy agenda https://cnb.cx/2rHFnwW Poland took another step towards weening itself off Russian energy supplies on Wednesday by signing a 20-year agreement with San Diego-based Sempra Energy to import U.S. liquefied natural gas. https://ift.tt/2PddWW7 December 19, 2018 at 12:22PM Energy https://cnb.cx/2KU3Ztw

Government plans to pay five Iran banks for oil imports http://bit.ly/2T1glEE The new payment mechanism will allow India to continue oil purchases from Iran despite US sanctions. http://bit.ly/2Cpk49D December 19, 2018 at 07:58AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

America's top oil-producing region has a new problem: $40 crude https://cnb.cx/2QGILqL Crude oil is trading at about $40 a barrel in the western Texas region that sits atop most of the Permian Basin, the epicenter of the U.S. shale oil boom. https://ift.tt/2PddWW7 December 19, 2018 at 05:29AM Energy https://cnb.cx/2KU3Ztw

Despite falling oil prices, the 'glory days for US shale are far from over' https://cnb.cx/2PL7chv Oil prices stabilized on Wednesday after a "toxic mix" of market forces triggered one of the biggest falls for years. https://ift.tt/2PddWW7 December 19, 2018 at 03:48AM Energy https://cnb.cx/2KU3Ztw

Shell to acquire 49% stake in Cleantech Solar http://bit.ly/2EtC6ZM According to the statement, Cleantech Solar will continue to operate under its existing management and name. http://bit.ly/2EEjNlp December 19, 2018 at 02:14AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

PAC seeks inquiry into approval of RIL's gas field cost without third party validation http://bit.ly/2EuJeF6 Eastern offshore KG-D6 block had courted controversies when allegations of gold-plating or inflating the cost were levelled against RIL. http://bit.ly/2EDB7qL December 19, 2018 at 02:02AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Reliability of power supply is crucial, merely adding households to electricity grid not enough: World Bank http://bit.ly/2BsFwc2 Estimated at 1.42& of GDP per year, the impact of power shortages on downstream rural households and firms is the second largest economic cost for India. http://bit.ly/2QIxhmH December 19, 2018 at 12:59AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Austria's OMV latest to join international firms developing Abu Dhabi's strategic gas fields https://cnb.cx/2rISr4W Austria's OMV is the latest firm to join an international cluster of energy multinationals helping the United Arab Emirates (UAE) in its push toward gas self-sufficiency. https://ift.tt/2PddWW7 December 18, 2018 at 11:19PM Energy https://cnb.cx/2KU3Ztw

US oil prices climb after tumble, but oversupply worries drag https://cnb.cx/2GuSVpH U.S. oil prices rose on Wednesday to claw back part of their more than 5 percent losses from the previous session, with worries about oversupply and a slowing global economy keeping markets under pressure. https://ift.tt/2PddWW7 December 18, 2018 at 04:32PM Energy https://cnb.cx/2KU3Ztw

'The only way is down': Oil's slump could get much worse amid oversupply concerns, analysts say https://cnb.cx/2QDChc7 Oil prices are likely to fall even further over the coming weeks, analysts told CNBC Tuesday, as a sharp sell-off in global equities combines with intensifying fears about a market that could soon to be awash with crude. https://ift.tt/2PddWW7 December 18, 2018 at 06:10AM Energy https://cnb.cx/2KU3Ztw

Libya's biggest oil field is being held hostage, but even that won't boost prices https://cnb.cx/2LolcNx Libya's state-owned National Oil Company declared force majeure on operations at its biggest oilfield late Monday night amid a standoff with armed protesters, expecting a loss of 315,000 barrels per day for the OPEC member. https://ift.tt/2PddWW7 December 18, 2018 at 05:48AM Energy https://cnb.cx/2KU3Ztw

Saudi Arabia's new budget will boost spending and continue royal handouts — even as oil prices drop https://cnb.cx/2EqXaA1 Riyadh is set to increase spending and even as it tries to close its budget deficit in a bid to boost slow growth and shore up popular support after months of controversy, analysts believe. https://ift.tt/2PddWW7 December 18, 2018 at 03:53AM Energy https://cnb.cx/2KU3Ztw

Govt says all geared up for '24X7 Power for All'; Industry wants coal & pricing pains plugged http://bit.ly/2V0uaVI After 100 per cent household electrification under the government's ambitious 'Saubhagya' scheme, the next big policy move for the sector could be the proposed electricity amendment bill that provides for separation of carriage and content business. http://bit.ly/2PMsYBt December 18, 2018 at 01:50AM Energy-Industry-Economic Times http://bit.ly/2vJXaWq

Saudi Arabia, Reliance in talks for refinery, petrochemical project: Saudi Oil Minister http://bit.ly/2EwBEcW ​Reliance plans to expand its only-for-exports SEZ refining capacity to just over 41 million tonnes from current 35.2 million tonnes but does not have any plans to set up a new refinery in the country.​ http://bit.ly/2ECJSkV December 17, 2018 at 11:06PM Energy-Industry-Economic Times http://bit.ly/2vJXaWq