Environment Ministry allows state entity to drill 45 wells and develop other related infrastructure In Andhra Pradesh
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India, the world's third biggest oil importer, has stepped up oil imports from Africa in 2015 and New Delhi wants to boost shipments from the region
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Three areas have been offered to the Indian company, comprising blocks 8, 15 and 24, the last of which is in the development stage
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The new power tariff policy will support Swachh Bharat programme, help in better regulations for discoms and encourage faster rollout of investments
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By leveraging technology, expertise, experience and the increased demand resulting from the Make in India initiative, India can become a global hub for renewable energy technology and production.
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Iran's oil exports were already on target to hit a nine-month high in January, with 1.10 million barrels a day of crude, excluding condensate, to load.
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Iran has 22 Very Large Crude Carriers (VLCC) floating off its coast, with 13 fully or almost fully loaded, carrying enough crude to meet India's import needs for almost a week
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International spending could fall 11 per cent in 2016, with the Middle East still the lone source of strength as spending there is expected to rise 6 per cent: Barclays
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