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Category : Business

File: U.S. wind electricity sector booming
Business

File: U.S. wind electricity sector booming

Saheli 29 Apr 2016 350 Views

With the enterprise reporting one in every of its most powerful performances on file, the yank Windelectricity affiliation said it expects a increase over the following five years. A quarterly document from the AWEA said greater than 500 megawatts of latest wind electricity weredelivered to the U.S. grid for the ... Read More »

Chevron builds on Australian gas footprint
Business

Chevron builds on Australian gas footprint

Saheli 19 Apr 2016 296 Views

The Australian subsidiary of Chevron said it reached a deal to sell a good portion of the gas from its Wheatstone project to an area customer starting in 2020. Alinta Energy in Western Australia, a U.S. owned entity, starts taking on about 25 percent of the gas produced from the ... Read More »

Russian economist scoffs at Doha oil hype
Business

Russian economist scoffs at Doha oil hype

Saheli 19 Apr 2016 335 Views

An economist at a Russian development bank said Tuesday any deal among major oil producers last weekend would’ve been moot because markets are flush with oil. Ministers from some members of the Organization of Petroleum Exporting Countries joined their non-member counterparts in Doha during the weekend to consider a measure ... Read More »

Kuwait’s oil production increasing
Business

Kuwait’s oil production increasing

Saheli 19 Apr 2016 398 Views

Though a labor strike in Kuwait is on its third day, a spokesman for the oil ministry said Tuesday output has moved higher to 1.5 million barrels per day. Talal al-Khaled, a spokesman for the oil ministry, said Tuesday oil facilities in the country were producing an average rate of ... Read More »

Demand, oil prices, create pain at the pump
Business

Demand, oil prices, create pain at the pump

Saheli 19 Apr 2016 320 Views

An increase in oil prices, along with refinery slowdowns and higher demand, means U.S. retail prices for gasoline are on the rise, market analysts found. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline Tuesday at $2.11, unchanged from the previous day, but ... Read More »

U.S. energy economy diversified, White House says
Business

U.S. energy economy diversified, White House says

Saheli 19 Apr 2016 354 Views

A balanced energy portfolio suggests the U.S. economy won’t take any major hits from lingering weakness in the oil sector, a White House spokesman said. The U.S. Energy Information Administration said last week it expected domestic production to decline in most of the Lower 48 states and Alaska because of ... Read More »

Statoil looking to new technology to save costs
Business

Statoil looking to new technology to save costs

Saheli 19 Apr 2016 309 Views

With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development. The company unveiled the so-called Cap-X subsea development concept at a Barents Sea energy conference in Hammerfest, Norway. Jez Averty, a vice president in charge of exploration strategies for Statoil, ... Read More »

Kuwaiti strike pulls oil prices higher
Business

Kuwaiti strike pulls oil prices higher

Saheli 19 Apr 2016 376 Views

Oil prices recovered from recent declines on pressure from oil labor strikes in Kuwait, though economic and production pressures pulled on Tuesday’s rally. Oil prices were off as much as 7 percent before the start of Monday trading in New York after talks between major oil states in Doha collapsed ... Read More »

DRS Technologies updating Bowman C4I tactical computers
Business

DRS Technologies updating Bowman C4I tactical computers

Saheli 19 Apr 2016 392 Views

DRS Technologies UK Ltd is to provide rugged tactical displays and computing technology upgrades to the British military Bowman C4I system for combat vehicles. The work, worth $51 million, will be conducted by DRS Technologies UK and its U.S. parent company under a contract issued by General Dynamics UK. “This ... Read More »

DRS Technologies updating Bowman C4I tactical computers
Business

DRS Technologies updating Bowman C4I tactical computers

Saheli 19 Apr 2016 329 Views

DRS Technologies UK Ltd is to provide rugged tactical displays and computing technology upgrades to the British military Bowman C4I system for combat vehicles. The work, worth $51 million, will be conducted by DRS Technologies UK and its U.S. parent company under a contract issued by General Dynamics UK. “This ... Read More »

Nail polish and mascara: beauty brands eye up Iran

Saheli 18 Apr 2016 429 Views

When Dubai businesswoman Negin Fattahi-Dasmal opened the first branch of her luxurious nail salon chain in Iran this year, it was met with both excitement and scepticism among image-conscious young Iranians. Despite — or perhaps partly because of — strict Islamic dress codes, cosmetics sales in Iran are among the ... Read More »

UltraTech Cement, Infosys, Petronet LNG, Finolex Ind, TVS Motor hit record high
Business

UltraTech Cement, Infosys, Petronet LNG, Finolex Ind, TVS Motor hit record high

Saheli 18 Apr 2016 344 Views

Infosys, UltraTech Cement, Petronet LNG, Finolex Industries and TVS Motor Company are among 12 stocks from the Nifty500 index hit their respective lifetime high price on the National Stock Exchange (NSE) in intra-day today. Atul, Bajaj Finance, Can Fin Homes, Kajaria Ceramics, Kansai Nerolac, Manpasand Beverages and Minda Corp are ... Read More »

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