Jan 05: 8Oil prices may not go higher. Oil prices are on a high on strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. Despite this, there were indicators that markets had overshot in the last days of 2017 and trading this year, as U.S. production is set to rise further and doubts are emerging about whether demand growth can continue at current levels. It is just a matter of time before US hits the 10 million barrels per day mark. Also there are some concerns about the Chinese economy in 2018. The straight projections is that by end 2018 Brent crude will be at $60 per barrel with WTI three dollars lower at $57 per barrel. Click on Report for more.
8BHEL has drawn up big plans to get into the e-mobility solutions area. It is looking at state transport undertaking as a target. The company is willing to work from feasibility studies to vehicle management and is looking at a strategic partner. Click on Report for more.
8India is pushing for hybrid battery-methanol cars instead of pure battery operated cars and one of the reasons is because of fear of China. Find out how this logic works on the Indian policy planner's mind. Click on Report for more.
8Tribunal decision. A recent tribunal decision has restored an earlier order that did not allow a oil & gas contractor to seek a tax exemption on income arising out of procurement of offshore equipment. Click on Report for more.
8IOC is looking for hiring brokers for hiring ships. Click on Report for more.
8Niti Ayog: Find out what is has done over three years. Click on Report for more.

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