Latest news

New mega cartel is emerging in oil markets

Almaty. April 30. KazTAG - China and India—two of the world’s largest oil importers and the biggest demand growth centers globally—are close to setting up an oil buyers’ club to have a say in the pricing and sourcing of crude oil amid OPEC’s cuts and U.S. sanctions on Iran and Venezuela, Indian outlet livemint reports, citing three officials with knowledge of the talks, reports OilPrice.com.

read more... 30/04/2019

news

Polish mining majors keen to develop Asia’s largest coal block

The Deocha-Pachami coal block, in the east Indian state of West Bengal, which is billed as the largest single-location reserve in Asia, is likely to be developed by the state government in collaboration with mining majors in Poland.

read more... 12/03/2019

news

Finnish Fortum to build 250 MW solar plant in India

Solar Energy Corporation of India awarded Finland's Fortum the right to build a 250-megawatt (MW) solar power plant in Rajasthan in northwestern India, the company announced on Monday.

read more... 04/03/2019

news

Shell finalizes Hazira LNG stake buy from Total

The Hague-based LNG giant Shell said Wednesday it completed the previously announced acquisition of 26 percent equity interest in the Hazira LNG regasification terminal in India from France’s Total.

read more... 09/01/2019

news

Vestas secures its largest EPC order in India

Vestas received an order for a 252-megawatt Engineering, Procurement and Construction (EPC) project in India, the company's largest order to date in the country, the Danish wind giant announced Wednesday.

read more... 13/12/2018

news