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Oil sands rebound hinges on rail, output cuts, pipeline woes

Bloomberg The Canadian oil industry could be in for another turbulent year in 2019, depending on how some pivotal events pan out. Government-mandated production cuts and the potential startup of a key crude pipeline are among key developments to watch for this year. While the announcement of production curtailments by Premier Rachel Notley has succeeded in lifting Canadian crude prices ...

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India floats tender for Kashmir solar power projects

Bloomberg India issued a tender to build 7.5-gigawatt of solar power projects in Jammu and Kashmir, state-run Solar Energy Corp of India said on its website. The request is part of a larger plan to build 23 gigawatts of solar capacity in Ladakh, a region in the country’s extreme north bordering China. The capacity is offered in as many as ...

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China talks with India to push ‘trade pact’

Bloomberg China has sought talks with India to allay concerns on a regional free trade pact it is spearheading, two people familiar with the matter said, as Beijing seeks newer markets amid the ongoing trade war with the US. The 16-country Regional Comprehensive Economic Partnership (RCEP) has been in the works for a while and China is keen to conclude ...

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