Abuja : Nigeria has signed financing deals with oil majors Shell and Chevron to develop projects that would boost reserves and revenue, the Nigerian National Petroleum Corporation (NNPC) said on Thursday, AFP reported. "Two sets of alternative financing agreements on...
New Delhi : Demand for gold in India for the second quarter (April-June) of 2017-18 was at 167.4 tonnes, up by 37 per cent compared to overall Q2 demand of 122.1 tonnes for 2016, World Gold Council data showed here on Thursday. "India's gold demand in Q2 2017 stood at...
Kolkata : State-run Coal India Ltd (CIL) has invited applications from independent power producers to take part in the auction of coal linkages under the Scheme for Harnessing and Allocating Koyala Transparently in India (Shakti), a notice said on Monday. The miner...
By Saurabh Katkurwar, New Delhi : It's a major reform aimed to ensure farmers get remunerative prices for their produce and take them closer to consumers. And it's just got a huge boost from a clutch of non-Bharatiya Janata Party (BJP) ruled states. A fortnight ago,...
Cairo : Egyptian Petroleum Minister Tarek el-Mulla said on Thursday that new areas in the Red Sea will be open for bidding for exploration as part of Egypt's effort to expand oil, gas production. Mulla did not disclose the exact date for the bidding. He told a news...
Mumbai, (IANS) : Indian Commodity Exchange Ltd (ICEX), a screen based on-line derivatives exchange for commodities, on Monday said it has received approval from Securities and Exchange Board of India (Sebi) to re-commence live trading operations. In a statement issued...
Kolkata, (IANS) : India's steel consumption grew by 4.6 per cent to nearly 21 million tonne in the first quarter of the current fiscal over the same period in 2016 while the country's steel exports jumped by nearly 66 per cent in the April-June period, a Ministry...
Kolkata, (IANS) : Coal India on Monday announced auction of coal linkages of tranche III for the non-regulated sector. "Ministry of Coal...has issued policy guidelines and directed CIL (Coal India Ltd) to conduct auction of coal linkages for the non-regulated sector....
Mumbai, (IANS) : Securities markets regulator SEBI on Tuesday allowed exchanges to commence options trade in commodities futures on a pilot basis. "It is decided that initially, on a pilot basis each exchange shall be allowed to launch options on futures of only one...
New Delhi, (IANS) : State-run oil marketing companies (OMCs) have set up a system for the smooth rollout of the daily revision of transport fuel prices across the country, the biggest OMC Indian Oil Corp (IOC) said on Sunday, even as a petrol pump dealers' body...