Revoi.in

Business

IMF conditions: Pak ministries at odds on gas supply cut to industries, power plants

November 23, 2024 revoi editor

New Delhi: Cash-strapped Pakistan’s finance and energy ministries are at loggerheads over implementing a key condition imposed by the International Monetary Fund (IMF) to reduce gas supplies to industries and power plants by January 2025, as part of the USD 7 billion bailout agreement. During a recent meeting at the Prime Minister’s House, the Petroleum […]

Business

Stepping on the gas to accelerate India’s e-mobility

April 1, 2023 Vinayak Barot

The electric mobility ecosystem is expanding in India. The government is taking steps to reduce the country’s reliance on fossil fuels and place electric vehicles (EVs) as the primary alternative to internal combustion engine (ICE) vehicles. If India must move towards electrification, it has to be consistent with a larger push towards overall sustainability. By […]

Gazproms Amur Gas Processing Plant in Amur Region, Russia

English

Gazprom’s production not falling, but rising

September 6, 2022 Vinayak Barot

New Delhi: Russian President Vladimir Putin on Monday said Gazprom’s production is not falling, but it is even rising, “Gazprom’s production is not falling, or you will scare everyone now, but it is only rising,” he said at a meeting devoted to Kamchatka’s social and economic development after Deputy Prime Minister Alexander Novak said that as […]

English

Russia’s ‘Gas Card’, Biden Administration Working to Keep European Allies United

July 27, 2022 Vinayak Barot

_Vinayak Barot New Delhi: The strategic step taken by the Moscow government has forced the Biden Administration to think smartly and work to keep the European allies united. The scarcity of gas for cooking and other purposes may surge in the upcoming winter in Europe as a few hours back, the Russian state-owned company ‘Gazprom’ […]

English

Russia to make a drastic cut to Europe’s gas supply

July 26, 2022 Vinayak Barot

New Delhi: Russia’s Gazprom said on Monday it was halting another turbine in the Nord Stream 1 pipeline to Germany and that flows of gas would fall to the equivalent of just one-fifth of normal capacity. The new blow to supply comes at a moment of high tension, as Russia and the West exchange economic blows […]