Daily Archive: March 5, 2016

INDIA; EMBRACING THE POWER OF THE SUN

Now an impression has been created that solar power could be the panacea for solving all issues related to climate change and energy independence for India.There is no doubt that India loves the Sun...

South Korea expects record coal demand in 2016

An increase in the number of coal-fired power plants starting operations this year will likely drive record coal demand in South Korea, despite the country’s pledge to curb greenhouse gas emissions at last year’s...

Nigeria to split up state-run oil firm: Minister

Nigeria is to break up its state-run oil and gas firm into 30 separate companies, the country’s junior oil minister announced, as part of wider plans to overhaul the corruption-ridden operation. Emmanuel Ibe Kachikwu...

Initial investment agreement for TAPI pipeline signed

The four nations that are part of the USD 10 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project have signed an initial investment agreement to turn the deal into a reality, according to a media report...

GLOBAL LNG-Prices eroded by mounting supply

* Prices expected to fall below $4 in the summer * YPF tenders to buy 32 cargoes By Sarah McFarlane and Oleg Vukmanovic LONDON/MILAN: Asian spot prices for liquefied natural gas (LNG) slid for...

Punjab joins “UDAY” scheme for power sector

Punjab joins “UDAY” scheme for power sector Saturday March 5, 2016 Chandigarh The Government of India, the State of Punjab and the Punjab State Power Corporation Limited (PSPCL) signed Memorandum of Understanding (MOU) under...