Energy Sector

Gujarat announces solar power policy'09

Gujarat announces solar power policy'09Gujarat government has announced a new solar power policy for state to promote solar power generation as an alternative source of energy. The government would extend financial help to set up solar power units in the state and offer solar power generators (SPGs) at subsidized prices.

Alphageo wins order worth Rs 37 crore from HOEC

Alphageo (India) Ltd has secured a contract worth Rs 37 crore from Hindustan Oil Exploration Company Limited (HOEC) for acquisition of Seismic Data in State of Assam.

The economic hurt behind Kiev's and Moscow's gas war

The economic hurt behind Kiev's and Moscow's gas warMoscow - Russia has rediscovered its image as a hungry bear as it blunders too far in the latest gas spat with Ukraine, forcing Europe from its benign disregard as temperatures plunge below zero.

The 2009 version of Russian export monopoly Gazprom's gas cuts is different from the 2006 standoff. Like so much else, it must be viewed through the prism of the global financial crisis and the critical blows this has dealt to the two warring parties.

EU issues gas ultimatum as Russia-Ukraine dispute continues

EU issues gas ultimatum as Russia-Ukraine dispute continuesThe European Union on Wednesday warned Russia and Ukraine that they face long-term consequences unless they immediately resolve a dispute that has cut gas supplies to Europe and left some countries struggling to heat up homes over the winter.

"If the transit (of Russian gas through Ukraine) does not go as normal, we will have a real problem", and the EU will have to conclude that "we no longer consider the supply of gas from Russia through Ukraine as credible," said European Commission President Jose Manuel Barroso.

Kiev: Russia has halted all gas deliveries to Western Europe

Kiev: Russia has halted all gas deliveries to Western EuropeMoscow/Kiev - Russia has halted all supplies of gas to Western European customers in an escalation of the energy dispute between Moscow and Ukraine, a spokesman for Ukrainian gas monopoly Naftogaz said on Thursday morning.

The Naftogaz statement, reported by the Interfax agency, came after Austrian Economy Minister Reinhold Mitterlehner told local radio on Wednesday that his country had received no supplies from Russia via Ukraine overnight.

Russia, Ukraine stay at loggerheads as EU gas supplies slump

Russia, Ukraine stay at loggerheads as EU gas supplies slumpThe sharp escalation in the energy war between Ukraine and Russia led to big cuts in gas supplies across Europe Tuesday amid freezing winter temperatures.

The second reduction since January 1 by Russian gas monopolist Gazprom saw shipments cut to just 72 million cubic meters of gas for European consumers, from 260 million on Monday and an average of 300 million previously.

Officials in both Russia and Ukraine confirmed plans to renew talks on ending the conflict in Moscow on Thursday. But the sides remained far apart on a host of issues.

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