Adani Group pledges Rs 8,700 cr investments in Bihar; storages, gas network; smart metering in focus, ET EnergyWorld

[ad_1] Patna: The AdGroup on Thursday pledged to increase ten-fold the conglomerate’s investment in Bihar, besides foraying into new sectors in which they did not have a footprint in the eastern state. Addressing Bihar Business Connect 2023, Pranav Adani, Managing Director (Agro, Oil and Gas) of Adani Enterprises, said the group intends to raise its…

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trade, Energy News, ET EnergyWorld

[ad_1] NEW DELHI: India‘s Russian oil imports in November rose to a 4-month high of 1.6 million barrels per day (bpd), up 3.1% from October, making up about 36% of the nation’s overall imports last month, data obtained from trade sources showed. Russia became India’s top oil supplier this year as the south Asian nation…

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IEA, Energy News, ET EnergyWorld

[ad_1] Paris: Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to prop up prices, the IEA said on Thursday. The OPEC+ cartel, led by Saudi Arabia and Russia, has been restraining production to maintain prices but the latter have recently slumped due to the weakening of…

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Can green and carbon credits drive investment opportunities in rural India?, ET EnergyWorld

[ad_1] India is grappling with a surge in extreme climate events causing significant losses, with a shortfall in global climate action, according to the 2023 Synthesis Report of the first Global Stocktake by the United Nations Framework Convention on Climate Change (UNFCCC). With an aim to promote sustainability and reduce carbon emissions, the Carbon Credit…

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2024 Trends in Energy, Energy News, ET EnergyWorld

[ad_1] In the face of volatile markets, unsettled supply chains, and global disruptions, the oil and gas sector stand at a critical juncture in 2024. As the industry grapples with the aftermath of prolonged conflict, oil supply cuts, inflation, and the lingering impacts of global health crises, organizations must adapt to thrive in this rapidly…

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Essar signs MoUs worth Rs 55,000 cr with Gujarat in energy transition, power, and ports sectors, ET EnergyWorld

[ad_1] New Delhi: Essar on Thursday said it has signed three Memorandums of Understanding (MoUs) with the Gujarat government for a total investment of Rs 55,000 crore ahead of the Vibrant Gujarat Global Summit 2024. “Gujarat has consistently been at the forefront of Essar’s strategic investments. We are delighted to further contribute to the state’s…

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Essar, Gujarat Govt ink three MoUs totaling Rs 55,000 crore for energy, power, and ports, ET EnergyWorld

[ad_1] New Delhi: Essar has entered into three Memorandums of Understanding (MOUs) with the Government of Gujarat, marking a significant investment of Rs 55,000 crore in the state’s energy transition, power, and ports sectors. This major economic commitment is announced ahead of the Vibrant Gujarat Global Summit 2024, aimed at creating over 10,000 job opportunities….

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