Energy Sector

Greenpeace warns Philippines against nuclear waste shipment

Greenpeace warns Philippines against nuclear waste shipment Manila  - Environmental watchdog Greenpeace Thursday urged the Philippine government to prevent the passage of the largest-ever transport of reprocessed nuclear waste via the country's waters next month.

Greenpeace said a shipment of 1.8 tons of radiotoxic plutonium in mixed-oxide (MOX) fuel intended for nuclear power plants in Japan is travelling via the Cape of Good Hope and the south-west Pacific Ocean from France, where the cargo left on March 5.

OPEC oil price sheds nearly one dollar

Essar Oil Adds 18.27 Lakh Shares In Open Interest

Essar Oil Adds 18.27 Lakh Shares In Open InterestLot of action was in few counters but considering the whole market the proceeds were on the minor side around Rs 49,500 crore on the F&O space as against Rs 56,000 crore during the previous week, so just about 15 per cent decline in turnover.

According to stock market expert Narendra Nainani, looking at the Nifty futures, which marked their closure provisionally around 5 or 6 points premium but intra-day they had descended into discount so from the lows of the day stock market has recovered and investors could have seen some fresh long positions returning into the Nifty.

Abu Dhabi, a strong candidate for headquarters of Renewable Energy Agency

Energy SectorDubai, Apr 8: The emirate of Abu Dhabi in the UAE, although an oil producer, is considered to be one of the strong candidates for hosting the headquarters of the International Renewable Energy Agency (IRENA) which was officially established in Bonn earlier this year.

The United Arab Emirates have been actively promoting renewable energy, and Abu Dhabi in particular has launched the innovative Masdar initiative - a pioneering project which will be the world''s first carbon - neutral, zero waste city.

OPEC oil price climbs above 51 dollars

OPEC oil price climbs above 51 dollarsVienna - The price for oil produced b

Reliance Petroleum Intraday Buy Call

Reliance Petroleum Intraday Buy CallKarvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Petroleum Ltd (RPL) stock with an intraday target of Rs 112.

According to Karvy, interested traders can purchase the stock between Rs 102-103 with a strict stop loss of Rs 98.50. If the stock market remains on positive track, the stock pricing becomes more attractive, and reach above Rs 114.
 
Shares of the company, on Thursday (April 02), closed at Rs 103.60 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 206.45 and a low of Rs 68.10 on BSE.

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