Cork-based renewable energy developer DP Energy and Spanish energy giant Iberdrola have agreed a deal to develop three offshore wind projects off the coast of Ireland, with Iberdrola acquiring a 3GW pipeline of offshore wind and a majority stake in DP Energy’s Irish offshore business.
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With hopes up after 2020’s success, Africa and the Americas host most of the top 30 high-impact wells for 2021 - Rystad Energy
08 Feb 2021
Drilling of high-impact oil and gas prospects in 2020 suffered at the hands of the global pandemic, but the overall results were nevertheless positive, a
Rystad Energy analysis reveals. The success rate rose to 41% from 32% in 2019 and pushed discovered volumes to 3.2 billion barrels of oil equivalent (boe), a four-year high. High-impact wells represented almost one-third of all conventional resources discovered last year, mainly because most of the wells targeting large offshore prospects were drilled as planned.
All you wanted to know about Saral Pension plan
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In order to simplify insurance product choice for lay investors, the insurance regulator, IRDAI, has been introducing standard products with uniform features in both life and non-life insurance. Recently, a new product has been added to the list the immediate annuity plan, Saral Pension, which all life insurers have to offer from April 1, 2021.
What is it?
An annuity plan helps an individual to receive a regular payment from an insurer for life, after making a lump-sum or regular payment for a certain period. There are usually two types of annuity plans immediate and deferred. Saral Pension is an immediate annuity plan where the policyholder or the investor makes a lumpsum payment upfront and the annuity payment starts immediately. The product offers pension for lifetime. In industry jargon, Saral Pension is a single premium, non-linked, non-participating immediate annuity plan. This means that it offers a guaranteed retu
In terms of value, FPIs ownership reached an all-time high of Rs 41.83 lakh crore as of December, 2020, up 29 per cent from Rs 32.47 lakh crore in the preceding quarter, on account of rally in equity markets.