The green theme of the Obama administration will soon be reflected on India as well.
The government-owned Indian Oil Corporation (IOC) is tying up with US-based National Renewable Energy Laboratory (NREL) for a pilot project to produce second generation biofuel.
The proposed opening of the country's first hydrogen fuel-dispensing station in New Delhi in the next few weeks will mark a notable step towards diversifying the energy mix, and contribute to building energy security. Hydrogen is known to be the simplest and lightest element, yet also the most abundantly and freely available.
Rakteem Katakey / New Delhi November 15, 2008, 0:19 IST
After reporting losses in excess of Rs 12,000 crore in the July-September quarter, state-run refiners are likely to make marginal profits in the three months up to December 2008 as crude oil prices have plunged to 22-month lows of below $50 per barrel, five analysts tracking the companies said.
Govt Tries Balancing Act To Protect Consumers And Burdened Oil Companies Rajeev Jayaswal NEW DELHI THE government is working on a dual strategy of fuel price hikes coupled with duty cuts to shield consumers and cash-strapped oil companies.
As crude oil prices set new records, the government-owned oil companies are working on a multi-pronged strategy to cut costs and stave off an impending crises.
With the government set to end GAIL's monopoly over gas pipelines, new players are finalising their own plans. In the bargain, gas as a fuel may become competitive.
The Indian Oil Corporation, a public sector company, was reluctant to provide clean diesel to Delhi when asked by the Supreme Court. But after a private sector industrial group, Reliance, offered to supply it, the company rushed to do the same. The pu
