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Saturday 13 September 2025

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Context on Energy
News Ambani's Reliance Toppled by Coal India as Most Valued Company

Billionaire Mukesh Ambani's Reliance Industries Ltd. was toppled as India's most valuable company for the first time in four years by Coal India Ltd. as demand for the fuel attracted investors. Coal India, the world's biggest producer.

  • August 18, 2011
News Russia hopes its proposal can revive Iran nuclear talk

Russia pitched Wednesday a proposal to Iran's foreign minister which it hopes could bring a breakthrough in a confrontation over Tehran's nuclear program, despite doubts in the West that the plan can make much headway.

  • August 18, 2011
News Stand-off over Belene nuclear project continues

Russian company Atomstroyexport, the contractor on Bulgaria's nuclear power project at Belene, is yet to say whether it has dropped its 58 million euro suit against electricity utility NEK, filed in July in the International Court of Arbitration in Paris.

  • August 18, 2011
News India, Iceland Jointly Explore Geothermal Energy

Due to Iceland’s unique geology, which includes a high concentration of volcanoes, five major geothermal power plants produce approximately 26.2 percent of the nation's energy, while geothermal heating provides for the heating and hot water requirements of approximately 87 percent of all buildings in Iceland.

  • August 18, 2011
News Hong Kong shares rise on bargain buys, China Coal

Hong Kong shares climbed early Wednesday as heavyweights HSBC Holdings PLC and Chinese lenders advanced despite weak overseas cues on more bargain-buying and as China Coal Energy Co. jumped after better-than-expected results.

  • August 17, 2011
News Coal India becomes nation's most valuable company

Mining heavyweight Coal India overtook energy giant Reliance Industries on Wednesday to become India's biggest firm by market value, reflecting strong coal demand to power an expanding economy.

  • August 17, 2011
News Iran, Russia seek nuclear crisis breakthrough

Russia and Iran on Wednesday said a new Russian plan had a real chance of solving the standoff over the Iranian nuclear drive, despite the failure of past initiatives to end a decade of deadlock.

  • August 17, 2011
News Ethiopia: Petroleum Enterprise to Import South African Coal

The Ethiopian Petroleum Enterprise (EPE) is to import coal from South Africa with the aim of securing a sustainable supply of coal as an alternative source of energy for cement factories in Ethiopia, Fortune has learnt.

  • August 16, 2011
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