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LNG FIRED EQUIPMENT
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million giftA Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a stagger...- This US CEO sold his family business for $1.7 billion, then shared $240 million with 540 employeesA Louisiana businessman, Graham Walker, distributed nearly $240 million to his 540 employees after selling his family company, Fibrebond, f...
- India’s heat exposes a fragile grid as energy crunch deepensIndia is bracing for an intense summer with heat waves set to persist. Power grids are under immense pressure due to rising demand and ener...
- India in the hot seat as blackout risks rise with temperatureAs the summer heatwave intensifies, India is preparing for relentless heat well past June. Power networks are under immense strain due to i...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
- Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
- Bottles, flasks grow scarce in India as gas crunch hits glassmakersIndia's glass industry faces severe production disruptions due to Middle East conflict-induced energy shortages. Gas diversions to househol...
- Asia’s industrial revolution is switching off gasEnergy-hungry industries in Pakistan and India are rapidly shifting to solar power, reducing reliance on expensive imported liquefied natur...
- Israel launches historic strikes on Iranian naval vessels in Caspian SeaIn a groundbreaking development, Israel has officially reported its fighter jets attacking Iranian naval vessels in the Caspian Sea, a nota...
- Temperatures rise! NTPC Green, Adani Power shares jump up to 7%; what lies ahead?Soaring temperatures across India are fueling a surge in power demand, boosting shares of NTPC Green and Adani Power. Heatwave warnings are...
- Hotter summer ahead? NTPC Green, Tata Power, other power stocks surge up to 15%Shares of Indian power companies rose sharply as early summer heat pushed electricity demand higher. Limited solar output and supply constr...
- Natural Gas: Short-term sentiments remain weaker due to feeble demandNatural gas is a widely used energy source in the industry sector hence its price and industry demand are closely related. The commodity is...
- Russian gas flows to Europe fall, hindering bid to refill storesFaltering flows come as the leaders of Germany, Italy and France visit Ukraine, which is pressing for swifter weapons deliveries to battle ...
- Diesel price rise blows Rs 700 crore hole for Coal India in Q1FY22"In the quarter (under review), we lost about Rs 700 crore as diesel prices increased by about 35 per cent. It was in the range of Rs 66-67...
- CIL to replace diesel machinery with LNG; add 1500 EVs to reduce carbon footprintCIL has envisaged to create a carbon offset of around 2.5 lakh tonnes in next five years. With active implementation of carbon reduction me...
- Reliance Power aims financial closure for $1 billion Bangladesh unitThe Anil Ambani-led company is setting up this plant by relocating equipment procured for its planned power plant at Samalkot in Andhra Pra...
- Reliance Power gets in-principle nod for LNG-based plant in BangladeshAnil Ambani-led Reliance Power has won an in-principle approval of the Bangladesh government for the first phase of the 3,000 megawatt LNG-...
- Wartsila sees good market for gas-fired plants in IndiaWartsila Corp, a global leader in power plants and equipment, expects India's power sector to gain from higher natural gas prices.
- Japan disaster can trigger sharp swings in oil pricesIndian refiners and LNG importers face volatile prices as the earthquake and the tsunami that ravaged parts of Japan, and fears of unrest i...
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