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Energy Sector News
Energy
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Shell in talks to buy 10 pct of Essar Oil - report
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Reuters
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Sat 21 Nov, 02:30 PM
MUMBAI (Reuters) - Royal Dutch Shell is in talks to buy 10 percent of India's Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, the Economic Times reported on Saturday, citing people with knowledge of the...
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Four US firms on RIL's radar
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Indian Express
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Sat 21 Nov, 03:28 AM
Reliance Industries Ltd (RIL), which is eyeing multi-fold growth and a more widespread global footprint, is targeting US oil refining & marketing companies like Tesoro Corp, Delek US Holdings, Sunoco Inc and Valero Energy Corp for possible...
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Bhel's Singur plan was not feasible
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Indian Express
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Sat 21 Nov, 02:51 AM
Bharat Heavy Electricals Ltd s inability to set up a power plant at Singur may have put the Left Front government on the backfoot, but experts point out the project was a non-starter for a variety of reasons availability of adequate land and coal...
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Oil slips below $77 on dollar rise, equities slide
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Reuters
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Sat 21 Nov, 02:30 AM
NEW YORK (Reuters) - Oil prices slipped nearly 1 percent to below $77 a barrel on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for energy...
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Crude palm oil remains up on demand expectations
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Financial Express
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Fri 20 Nov, 07:26 PM
Crude palm oil futures prices rose 0.68 per cent at the Multi Commodity Exchange on Friday as speculators enlarged positions on expectations of a rise in demand in the spot market in view of the marriage season. Firming trend in overseas...
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