Tag: India

India said to mull lowering natural gas price 10 percent as energy costs plunge

The government continues to work on a plan to allow a premium for gas produced from deep-water fields, the official said.  More »

Japan uses climate cash for coal plants in India, Bangladesh

Despite mounting protests, Japan continues to finance the building of coal-fired power plants with money earmarked for fighting climate change, with two new projects underway in India and Bangladesh.  More »

IEA sees China, India filling strategic reserves with cheap oil

The two nations are building emergency stockpiles with millions of barrels of crude that mirror the reserves of oil and refined products that the U.S. and its western allies amassed after the first oil crisis of 1973 to 1974.  More »

India: 7 arrested for stealing, leaking energy documents

The men were caught leaving the ministry building Tuesday after authorities acted on a tip that some individuals were stealing and leaking documents from the ministry.  More »

Exxon begins production from Russian field

The entire project has a total daily production of more than 200,000 barrels.  More »

China seen overtaking U.S. as world’s biggest oil user

Growth in oil demand to 2040 will also be driven by India, Southeast Asia, the Middle East and sub-Saharan Africa, the IEA said.  More »

India PM uses oil price slump to ease curbs deterring Chevron

India’s recently elected prime minister, Narendra Modi, has made energy security his priority.  More »

India pipeline blast kills 15 people, guts houses (video)

A state-owned gas pipeline exploded and burst into flames Friday, killing at least 15 people, destroying homes and forcing the evacuation of neighboring villages in the southern Indian state of Andhra Pradesh, authorities said.  More »

Obama plan might help boost climate talks

President Barack Obama’s proposal to curb U.S. greenhouse gas emissions might improve the chances of completing a global climate treaty but is unlikely to defuse demands by China, India and others for Americans to do more.  More »

First Solar joins developers saying dumping probe flawed

First Solar Inc., one of the largest suppliers of photovoltaic panels to India, challenged in court the findings of a government probe that said U.S. and Asian suppliers dumped products in the local market.  More »

New US wind power installations plummet

U.S. investors in wind-generated power nearly abandoned the business last year as Congress let lucrative tax credits for wind projects tumble away, according to a new report.  More »

International investment tough even as Asian growth surges

Electricity demand is surging in India, Vietnam, sub-Saharan Africa and other developing economies where growing populations are starving for power generation, but U.S. public utilities still remember the hard lesson of the 1990s: The need for energy isn’t enough to an make international investment viable, energy executives said Thursday.  More »

Oil demand won’t peak for decades, Valero CEO says

growing need for transportation fuels in developing countries will stave off a peak in global oil demand over the next decade, despite shrinking oil use in the U.S. and other mature markets, panelists said Tuesday.  More »

Energy deals plunge to 5-year low in 2013

Oil and gas producers worldwide bought fewer assets and spent more on developing a huge stockpile of reserves and acreage in 2013, bringing merger and acquisition activity to its lowest level in five years.  More »

Wall Street believes Iranian oil will return

For now, oil traders see the U.S. deal to curb Iran’s nuclear program as the first step of many that could lead to the return of Iranian oil to the market – a prospect that’s sinking prices Monday.  More »
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