Anglo-Dutch oil giant Shell said on Monday the company will spend six billion dollars on a plant to make oil products from gas in Qatar. "We plan to spend six billion dollars on a major GTL plant in
The Gujarat State Petroleum Corporation Ltd (GSPC) is eying a stake in the propsed third LNG terminal, which is likely to come up either at Pipavav or Mundra in Gujarat. The state government has
The monopolistic ambitions of Gazprom, the Russian state-controlled gas company, and the European Union's growing dependence on Russian gas piped through politically unstable Ukraine are putting the
IDBI Ltd has put in place a new team which will now look at matters relating to its two major troubled exposurers : the now-closed Dabhol power project and Specturm Power Genreation Ltd (SPGL). IDBI
In its first formal view on oil PSUs' merger, the Planning Commission has recommended creation of one national oil company comprising Indian Oil Corporation (IOC), ONGC, Oil India Ltd (OIL) and some
The Foreign and Commonwealth Office of the United Kingdom, under the global opportunities fund (GOF), has drawn up a programme budget of
Japan appears increasingly likely to beat out China to build a 4300 kilometer oil pipeline across the tundra of Siberia. Now, Tokyo faces a new challenge: footing the megaproject's megabill. Eager
In what can prove to be good news for India and its efforts to transit gas from Myanmar, Bangladesh said it was favourably disposed to allowing a gas pipeline through its territory to carry natural
In its first formal view on oil PSUs' merger, the Planning Commission has recommended creation of one national oil company comprising Indian Oil Corporation, ONGC, Oil India Ltd and some operations
The loss-making Maharashtra State Electricity Board's (MSEB) assets close to Rs 85,000 crore would be transferred to three state-run companies after its restructuring scheduled to be complete by June
Reliance Energy Ltd (REL) on Monday said that the entire board of its principal shareholder Reliance Industries Ltd (RIL) was briefed at REL's board meeting held on October 20, on the power utility's
US president George W. Bush recently made a fervent appeal to the developed world to take to methane farming. He rightly said methane farming would counter the skyrocketing prices of crude oil and
India is set to tap Qatar and Yemen as a possible source of LNG (liquefied natural gas), with oil minister Mani Shankar Aiyar failing to make any headway on the pricing of supplies from Iran. Iran
Providing better infrastructure facilities to rural areas has always been an uphill task. Lack of government support and better education, and absence of modern technology have become major hurdles
In its bid to automate its entire power distribution network, the North Delhi Power Limited (NDPL) today commissioned Delhi's first 66KV remote-operated and unmanned Grid Station at Bawana.The NDPL
Experts in Nepal urged the government to create a favorable environment to nurture private investment in hydro-power sector . Speaking at workshop on
IOC has inked a 10-year agreement with oil exploration firm Oil India Ltd (OIL) for foraying into upstream business of oil as well as other related prospects in the hydrocarbon chain. Besides working
Though crude prices are showing a sign of respite for the past one month, international experts in the oil field claim that crude prices could reach as high as $182 a barrel from the present price of
Oil prices have been at record highs this year, with money sughing into the coffers of oil producers. And as leaders of the Organisation of the Petroleum Exporting Countires head into a final meeting
Rajasthan sought a package from ONGC for developing a desert special economic zone in the state on the lines of an MoU signed by the public sector undertaking with Karnataka. ONGC should come forward
