IIT-M collaborates with Shell India for research, innovation

IIT-M collaborates with Shell India for research, innovation

  The Indian Institute of Technology Madras’ energy consortium has partnered with Shell India and will house the Shell IIT-M Centre for Energy Research. The focus will be on innovation, research and development, and commercialisation of technologies in the energy sector with initiatives such as Shell chair professorship at the institute. The collaboration will be … Read more

Shell to cut about 20% of jobs in deals team amid push for cost savings

Shell to cut about 20% of jobs in deals team amid push for cost savings

Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter. Staff in the division, which has several hundred employees handling mergers and acquisitions for Shell, were told that there … Read more

Qatar signs 27-year gas deal with Britain’s Shell

Qatar signs 27-year gas deal with Britain’s Shell

Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate’s state-owned energy company announced on Wednesday. Since Moscow’s invasion of Ukraine last year, European countries have scrambled to replace lost deliveries of natural gas from Russia. Qatar will supply 3.5 million tonnes of gas a year under the … Read more

Congress flags Vinod Adani’s alleged shell companies

Congress flags Vinod Adani’s alleged shell companies

Congress leader Jairam Ramesh the Adani Group has repeatedly brushed aside questions about Vinod Adani, elder brother of the Group’s chairperson Gautam Adani, by claiming that he is uninvolved with decision-making but fresh disclosures show this to be a “laughable deception”. | Photo Credit: Shiv Kumar Pushpakar Under the Hum Adani Ke Hain Kaun (HAHK) … Read more

People killed in Bihar as Indian Army mortar shell falls outside firing range

People killed in Bihar as Indian Army mortar shell falls outside firing range

An Indian Army mortar shell killed people in Bihar in a training misfire. Image for representational purpose only. | Photo Credit: PTI Three villagers were killed in the Gaya district of Bihar when an Army mortar shell fell and exploded well outside the firing range in the early hours of March 8, a senior police … Read more

KEC International buys Gujarat company for oil & gas projects

KEC International buys Gujarat company for oil & gas projects

RPG Enterprises’ flagship infrastructure company, International, has diversified into engineering and construction for the oil and gas sector with an acquisition and a key appointment of a senior executive, and has ambitions of bagging big-ticket orders in future, its chief executive told ET. On Saturday, KEC announced the acquisition of Gujarat-based Spur Infrastructure at an … Read more

Markets are divesting you from fossil fuels

Markets are divesting you from fossil fuels

By Nathaniel Bullard One of the oldest components of the Dow Jones Industrial Average disappeared from the popular market benchmark at the end of August. ExxonMobil Corp., a member since 1928 (when it was Standard Oil of New Jersey) and the world’s most valuable company as recently as 2011, had fallen in value over recent … Read more