Energy

Punjab Green Hydrogen Policy

The Punjab Energy Development Agency has released a draft green hydrogen policy aiming to achieve a green hydrogen and ammonia production capacity of 100 kilo tonnes per annum by 2030. The policy proposes extending incentives under the existing “Punjab Industrial and Business Development Policy 2022” to new green hydrogen and …

Iran announces major oil and gas find at two sites

Iran has made a major oil and gas find at two sites in the south of the country, oil ministry official Mahmoud Mohades was quoted by state television as saying.

Israeli Solar Co. using sun power

Mohammed Sobhi looked out across 800 square meters of solar panels absorbing sun power to air-condition an Israeli office building. He envisioned a similar system producing electricity in the desert south of Cairo.Sobhi, a senior official in the Egyptian Ministry of Electricity and Energy, joined energy officials from the United …

Industrial nations to confront the sagging euro and costly oil

The slumping euro and fuel price inflation quickly took over as the dominant themes today in advance of a meeting of some of the world's top finance officials, with the European currency weakening to a record low and oil prices reaching another 10-year high.

There are no big reserves in Hazira, just a lot of hot air

Was a boom, centred around potentially huge gas reserves in Hazira on Gujarat's west coast, a bubble? Four years after studies seemed to prove that Hazira was sitting on top of 16.8 billion standard cubic metres (SCM) of methane, most of the gas seems to have turned into-well, hot air. …

Row over Kannur power project gets murkier

The raging row over the Kannur power project has taken a new turn with the Kerala State Electricity Board (KSEB) chairman, Mr Sukumar Oommen, disclosing that a decision on buying power from Ennore project in Tamil Nadu was imposed on the board by the electricity minister, Mr S Sarma.

Special duty on diesel to be reduced

The finance ministry is planning a cut in the special additional duty (SAD) of Rs 1,000 per kilolitre on high speed diesel (HSD) to bridge the burgeoning oil pool deficit, which is hovering around Rs 9,000 crore now.

UK team comes hawking clean tech as deadline for low-ash coal nears

A high-level UK trade mission is on an eight day tour around the country, hawking "cleaner coal technologies",even as the countdown begins to new environment norms for thermal power plants.

Alaska oil payout

$2K per person : Practically every man, woman and child in Alaska will get nearly $2,000 each in oil royalties next month, the biggest payout since the annual checks were first issued in 1982.The booming stock market was credited with the 11 percent increase over last year's dividend from the …

Oil riches

A Venezuelan 'illness'? : Like motorists everywhere, Venezuelans love to complain about the price of gasoline, and they have been doing a lot of that lately. But one thing sets them apart from almost everyone else in the world : At less than 40 cents a gallon, gasoline is cheaper …

Thermal hydro projects cost up 87%

As many as 54 ongoing thermal and hydro projects have incurred a cost escalation of over 87 per cent, from Rs 33,366 crore to Rs 62,600 crore, delaying the commissioning of nearly 17,450 MW of electricity, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Power ministry against NTPC acquiring NHPC

The ministry of power has opposed the department of disinvestment's proposal for National Thermal Power Corporation (NTPC) to acquire government's 100 per cent equity stake in Natioan Hydroelectric Power Corporation (NHPC) for over Rs 5000 crore during 2000-2001.

Rajasthan to popularise use of solar power

The Rajasthan Energy Development Agency (REDA) will install 8,000 solar domestic lights and 300 street lights on 50 per cent subsidy this year. The plan is aimed at popularising solar power in Rajasthan where there is tremendous scope for development in this sector.

China may establish oil reserve

The Chinese government is likely to establish a strategic oil reserve to prevent soaring crude-oil imports from undermining its economy, a state newspaper reported.

Schroder accuses oil groups of worsening EU fuel crisis

Gerhard Schroder, the German chancellor, accused oil companies of exacerbating Europe's petrol crisis and demanded that cartel authorities investigate what he called "incomprehensible price ramping".

BJP to launch 'save water campaign' with NGOs' aid

Baffled by the water riot in Falla in Jamnagar district last week, the Bharatiya Janata Party has decided to launch a 'save water campaign' under which the party in collaboration with NGOs will undertake projects aimed at augmentation of water sources all over the state.

Centre to set up wind energy estates with the help of pvt sector

The Centre has evolved the concept of setting up wind energy estates through private sector participation. Already 192 potential sites has so far been identified in 11 states and two Union territories.

Malaysia bid to bag power projects

Realising that the private sector alone may not be able to push major bids in India, the Malaysian Government is counting on more Government-to-Government contacts in clinching major infrastructure projects in this country. This was demonstrated by the presence of a 40-member strong delegation from Malaysia led by S Samy …

Indonesia ends legal battles in power sector

President Abdurrahman Wahid's government is dropping all legal actions against international power producers in an effort to commercially resolve disputes with major multinational companies that threaten new investment in Indonesia.

Karnataka CM rules out immediate shifting of Cogentrix project

Karnataka Chief Minister S M Krishna has said that the demand of the environmentalists to shift the Cogentrix power project from Nandikur, near Mangalore,"could not be considered at this state".

Oil leak from MRPL site leads to protest by locals

Protesting against the damage being caused to crops and agricultural land due to the recent oil leakage from Managalore Refinery and Petrochemicals Limited (MRPL), residents of Kuthettur and nearby villages today blocked the movement of water tankers belonging to MRPL to drive home their agony.

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