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India Advancing Its Strategic Initiatives To Fulfill Its Energy Security NeedsBy : sustainabilityo..., Jun 3, 2010
India Advancing Its Strategic Initiatives To Fulfill Its Energy Security Needs ; India's rapidly increasing dependence on crude oil imports has made the country's energy sector vulnerable to external factors. The situation has made it imperative for the domestic government to... Read more.. |
ONGC Profit Rises 71%, Beating Estimates, on Higher Oil PricesBy : sustainabilityo..., May 29, 2010
Oil & Natural Gas Corp., India’s biggest energy explorer, posted a 71 percent increase in fourth- quarter profit, beating estimates, as crude oil prices rose. Net income climbed to 37.8 billion rupees ($815 million) in the three months ended March 31 from 22.1... Read more.. |
IndianOil to invest Rs2,000 cr in solar, wind powerBy : sustainabilityo..., Mar 26, 2010
India’s largest oil refiner, the state-owned Indian Oil Corp. Ltd, or IOC, will invest around Rs2,000 crore to develop a wind power generation capacity of 200MW and a solar power generation capacity of 50 MW, said a top company official. “Renewables will be a major... Read more.. Subject Tags: Indian Oil Corporation Limited , oil |
India Said to Propose Sovereign Fund to Acquire EnergyBy : sustainabilityo..., Mar 17, 2010
March 17 (Bloomberg) -- India, with $254 billion of foreign-exchange reserves, may create a sovereign wealth fund to help state companies compete for overseas energy assets with China, a government official said. The oil ministry has... Read more.. |
India’s ONGC May Borrow $10 Billion to Buy AssetsBy : sustainabilityo..., Mar 8, 2010
March 8 (Bloomberg) -- Oil & Natural Gas Corp., India’s biggest energy explorer, may borrow $10 billion over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand. ... Read more.. |
Renewables can ensure energy securityBy : sustainabilityo..., Feb 15, 2010
Peak oil has been around for a while now. Energy specialists in India, specially those working in the renewable energy space, are now talking the same about coal: not quite peak coal but an increasing likelihood that coal will not always be available to run power plants.... Read more.. |
Iceland seeks cooperation with India in clean energy, IT, oil explorationBy : sustainabilityo..., Jan 14, 2010
Visiting Iceland President Olafur Ragnar Grímsson on Thursday sought India's cooperation in the field of clean energy, geothermal energy, information technology and oil exploration. Grímsson and his wife, Dorrit Moussaieff, are currently on an official visit to India... Read more.. |
Subsidy regime can jeopardise India’s energy securityBy : sustainabilityo..., Dec 28, 2009
The government must resolve its dilemma over petroleum subsidy if India is to achieve its long-term energy security objective. Under the current subsidy regime, while domestic fuel consumers are insulated from the impact of high international crude oil prices, public... Read more.. |
India Energy Giant Stops Selling Gasoline to IranBy : sustainabilityo..., Dec 3, 2009
Reliance Industries has since April stopped selling gasoline and gas oil to Iran in an apparent bid to escape sanctions by the US, where it is eyeing an acquisition. RIL till last year sold mostly gasoline to Iran but has since April this year completely stopped... Read more.. |
Why Oil Prices May Never Rise Above $150By : sustainabilityo..., Oct 24, 2009
One of the most bedeviling problems for oil producers (and oil investors) is knowing when it's too cheap to keep producing, and when it's too expensive to sell. Last year gave us new boundaries: $147 a barrel was too expensive, and $33 was too cheap. But those aren't... Read more.. Subject Tags: oil |