Tag: India

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 »

China, India increasingly drive global energy demand

China and India are increasingly driving world energy demand as the United States’ production boom puts it on track to become independent of the global market, the International Energy Agency said Tuesday.  More »

Eight energy leaders rank among Forbes Most Powerful People

Several kings of the energy world landed on Forbes’ list of the World’s Most Powerful People, ranking among world leaders and wealthy philanthropists.  More »

World economy a ‘major worry’ for OPEC oil producers

OPEC sees a possible drop in energy demand caused by a weaker world economy as its “main area of concern” for the next several months, the group’s secretary-general said.  More »
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