Price-sensitive liquefied natural gas buyers from China, India, and parts of Southeast Asia are snapping up more spot shipments of the fuel to power industries and generate electricity after prices have fallen to the lowest level in nearly three years. The price-led demand revival could push LNG imports by the world’s top buyer China beyond its record volume of 78.8[Read More…]

  To bring Bihar on India’s oil map, Oil and Natural Gas Corp (ONGC) is planning to explore oil and gas in the land-locked state. ONGC plans to drill two wells in the state, of which the first is scheduled this year itself. If successful, this could bring Bihar not only on India’s oil map but also pave the way[Read More…]

Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector. Today the two companies signed a Letter of Intent (LOI), reinforcing their partnership with a forward view towardselectric heavy-duty truck solutions, including both battery electric trucks and fuel cell electric trucks, for European markets. By leveraging the advanced technologies and[Read More…]

Navi Mumbai residents will be able to avail public bus service on the newly inaugurated Mumbai Trans Harbour Link (MTHL) now. Connecting the twin city to South Mumbai the 21.8 km long Atal Setu is India’s longest and world’s12th longest sea bridge. Following, the public demand to start bus service on this route, Brihanmumbai Electric Supply and Transport (BEST) undertaking[Read More…]