India's coking coal consumption to grow at an annual average rate of 5.4 per cent between 2019 and 2028.
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Brent crude was up 8 cents, or 0.1 per cent, at $61.16 a barrel, by 0420 GMT after adding 1 per cent on Thursday. Brent is heading for a gain of 3 per cent this week.
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IOC through its 11 refineries controls about a third of India's 5 million-barrel-per-day (bpd) refining capacity.
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Brent crude futures climbed 42 cents, or 0.7 per cent, to 59.93 a barrel by 0220 GMT. West Texas Intermediate (WTI) crude futures gained 56 cents, or 1 per cent, to USD 55.49 a barrel.
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"The demand for hydrogen has grown steadily over the years at a much faster rate than GDP growth," Linde Plc's Chief Executive Officer Steve Angel told Reuters.
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Brent crude was up by 26 cents, or 0.4 per cent, at $58.96 a barrel by 0636 GMT, after falling 1 per cent in the previous session, dropping for a third day in a row.
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The company will hold 74 per cent interest in the project while the remaining 26 per cent will be with Petronet LNG.
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While Rs 70,000 crore investment was committed in 86 GAs awarded in the 9th city gas bid round in August last year, another Rs 50,000 crore was committed in the 50 GAs awarded in the 10th round in March this year.
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