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Oil PSUs to allot 65,000 petrol pumps ahead of general elections

Monday, November 26, 2018, 9:19 AM

Ahead of general elections, public sector oil companies plan to allot about 65,000 petrol pumps across the country to nearly double the existing retail network, officials said on Sunday. Indian Oil Corp (IOC), BPCL and HPCL on Sunday issued advertisements for setting up 55,649 petrol pumps across the country. Delhi has 390 petrol pumps and 170 more are to be set up, Bajpai said.
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Tesla cuts prices on solar power systems as it looks to entice customers

Friday, November 16, 2018, 7:47 PM

Tesla has reduced prices on its solar power systems as it looks to make sustainable energy use more affordable. "As-a-result of the vertical integration of our solar products into Tesla's retail stores and increased efficiencies we've realized over the past-year by closing more expensive sales channels like door-to-door sales, we are now able to reduce-prices for our solar-power-systems," a Tesla spokesperson told CNBC.
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US ratchets up pressure on Iran with resumption of sanctions

Monday, November 5, 2018, 3:38 PM

US reimposes oil and financial sanctions against Iran, significantly turning-up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in Middle East. The move will restore U.S. sanctions that were lifted under 2015 nuclear-deal negotiated by administration of President Obama, and add 300 new-designations in Iran's oil, shipping, insurance and banking sectors.

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