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Home Tag energy sector

Tag: energy sector

The family of Italian billionaire Massimo Moratti agreed to sell a controlling stake in refiner Saras SpA to the commodities trading giant Vitol Group, in a deal which valued the company at about €1.7 billion ($1.9 billion).

BUSINESS

Vitol Group to Acquire Controlling Stake in Saras SpA

February 12, 2024

The Moratti family, renowned for its involvement in various industries including football, has agreed to sell a controlling stake in ...

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Days after the power ministry mandated blending of imported coal by coal-based power plants citing inadequate domestic supplies, the coal ministry has said that there is adequate availability of coal for thermal plants.

INDIA

Indian Ministry of Coal Asserts Adequate Coal Supply

September 5, 2023

The Indian Ministry of Coal has assured the nation that there is an ample supply of coal for thermal power ...

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