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ONGC Videsh to acquire interest in East Siberia´s Vankor Field
ONGC Videsh signed definitive agreements with Rosneft, the national oil company of Russia for acquiring additional 11 per cent shares in JSC Vankorneft, a company organised under the law of Russian Federation which is the owner of Vankor Field and North Vankor license
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Govt set to start talks on merging 13 state oil companies
The government is set to start consultations for an ambitious plan to merge 13 state oil firms to create a giant corporation whose revenue dwarfs global energy major Chevron which competes with US conglomerate General Electric in the Fortune-500 ranking.
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Russia´s giant Vankor oilfield reaches peak production level
Russia´s giant Vankor oilfield, where Indian state oil firms are acquiring a significant stake, has reached peak production level, but technology to increase oil recovery will optimise the output and delay its decline, the head of ONGC´s overseas arm said.
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OVL to buy 35percentage additional stake in Vankor
ONGC Videsh Ltd. (OVL), along with Indian Oil Corporation (IOC), Oil India (OIL) and Bharat Petroleum Corporation Ltd. (BPCL), plans to buy an additional 35 per cent stake in Russia´s Vankor oil field in Siberia for nearly $3 billion.
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Measured engineering
Instrumentation and control automation is designed at realising the competitive advantages for a power plant or company, through design, maintainance and management of control systems.
Instrumentation, Control Automation, Power Plant, Sensors, Smart Transducers, MEMS Technology, Bluetooth Technology, Honeywell, Honeywell Process Solutions, Distributed Control System, Angarsk Petrochemical Company, Rosneft, Angarsk, Siemens, AVEVA
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We need investment of over $100 billion, over the next 8 years
From our perspective as a solar panel manufacturer, there are challenges regarding Indian made solar cells. Firstly, cells manufactured in India are 15-20 per cent costlier and less efficient as compared to imported ones. Secondly, there are supply constraints fon account of limited manufacturing capacities.
Hitesh Doshi, WAAREE Group, Solar Cells, Clearances, Logistical, DCR, Softbank, Rosneft, Solar Projects, Solar Energy, JNNSM Projects, NISE, VAT, CST, GST
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Renewed Commitments!
GoI´s aggressive push towards solar has rejuvenated the solar market and given tremendous growth potential for upcoming clean energy eco-system, believe experts.
Renewable Energy (RE) has many unique attributes ´ rapid deployment, modular nature and environment friendliness ´ which make it a beneficial source of power in a country like India, which has a high energy deficit, growing demands and an inadequate grid infrastructure.
Renewable Energy, Clean Energy Eco-System, Sanjay Agarwal, Fortum India, Goi, Vineet Mittal, Welspun Renewables, Sunedison Inc, Softbank Corp, Taiwan´S Foxconn Technology, Solar Power Projects, OAO Rosneft, Solar PV Technology, Deutsche Bank Report, CEA
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Russia and India strengthen energy ties
Russia´s upstream producer Rosneft and India´s oil refiner Essar have signed key terms of oil and oil products supplies to refineries in India. The document was signed on December 11 in New Delhi by the head of Rosneft, Igor Sechin
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