Vestas tipped to win big order in India'
Denmark's Vestas, the world's biggest wind-turbine maker, stands to win a major order to deliver turbines in India, Danish financial weekly Okonomisk Ugebrev reported on Monday. The order is for the
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Indian Oil to boost Iraqi crude imports in 2005
Indian Oil Corporation (IOC) is set to hike imports of Iraqi Basra Light crude by over 50,000 barrels per day in 2005, covering more than half its anticipated import growth, a company official said.
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Shell, Repsol project in Iran may cost $4 b
A planned megaproject by Shell and Repsol YPF to export liquefied natural gas from Iran will require total investment of some $4 billion, Repsol and Iranian officials said. Shell, Repsol and the
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BPCL chairman Behuria to take up reins at IOC
Sarthak Behuria is to become the coutnry's top oilman, taking over the helms of Fortune 500 Indian Oil corporation from M S Ramachandran on March 1. The Public Enterprises Selection Board (PESB)
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India, Iran set to kink gas-for-oilfield deal
India is likely to seal a LNG- for
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Gail to develop gas projects with Gazprom
Gas Authority of India Limited (Gail) India said that it has reached an agreement with Russian gas firm Gazprom for jointly developing gas projects in India and abroad.
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Russia set to auction oil giant's prize asset
The government set the statge for the resolution of the
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Shell to import LNG to Hazira port
Close on the heels of Petronet LNG, the consortium of public sector oil majors, shipping liquefied natural gas (LNG) from Qatar to India, multinational Shell will begin import of LNG from multiple
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Natural gas suppliers to charge AP real cost' for fixing pipeline
In a significant development, the Andhra Pradesh government appears to have convinced the natural gas suppliers ONGC and GAIL that they have to charge only the
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Steps to reduce demand-supply gap of coal
The government has initiated measures to reduce the demand-supply gap of coal which is projected to be 55 million tonne in 2006-07 and 95 million tonne in 2011-12. Efforts are also being made to
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Brussels set to block gas, power deal
The European Commission looks set to block a landmark deal that would combine Portugal's leading electricity and gas groups, after finding that a last round of concessions offered by the companies
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North Sea field have something in reserve
Armed with the latest 3D seismic technology, oil executives are poring over maps of the North Sea, ahead of crucial round of licence awards that will help shape the future of what remains one of the
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Cong backs suspension of free power in Maharashtra
The Congress high command has backed the decision of Maharashtra chief minister Vilas Rao Deshmukh against providing free power to farmers in the state, a promise made by the Congress-Nationalist
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AES keen to come back to CESCO Management seat
US utility giant, AES Corporation has filed a counter to the notice served by Orissa Electricity Regulatory Corporation (OERC) along with a business plan for the distribution company over the
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Govt may restart Dabhol by '06 to keep free power poll promise
The government is targeting 2006- end for switching on the mothballed $3billion Dabhol power project through a special purpose vehicle (SPV) to be set up by state-owned power utility NTPC gas utility
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No coal for small power plant
The ministry of coal and mines has rejected the suggestion for exempting captive power projects of upto 25 megawatts (MW) capacity form going through the circuitous route of ministry approval for
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Nuclear deal with Europe going ahead, Iran reports
Iran was starting the suspension of its sensitive nuclear activities surrounding the enrichment of uranium, in accordance with an agreement reached with Britain, France, and Germany, state
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Striving to bring into tribals' lives
A ray of hope is dawning in the tribal tandas with the emergence of
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Yukos hammered
The Russian authorities have been steadily hammering Yukos, the country's largest oil compnay, into the ground ever since they arrested Mikhail Khodorkovsky, its majority owner, on fraud and tax
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Oil regulator, hike in natural gas prices referred to GoM
The government referred the Bill for setting up an oil sector regulator and the proposal to raise natural gas prices for fertilizer and power units to separate Group of Ministers (GoM). However, the