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Opinion: Oil sector revival has producers eyeing boom times 13 Mar, 2021 09:33 PM 5 minutes to read Dislodging oil from the economy may be harder and take longer than many people hoped. Photo / AP Dislodging oil from the economy may be harder and take longer than many people hoped. Photo / AP Financial Times OPINION: If you thought coronavirus had hobbled the oil industry for good, think again. Just a year after a Saudi-Russian price war and the coronavirus pandemic triggered the worst oil crash in decades, a stunning reversal is under way. It calls to mind the bumper sticker said to adorn half-tons from Texas to Alberta: Please God, give me one more oil boom, I promise not to piss it all away next time. ....
Power players miffed at Chandigarh’s ‘arbitrary’ amendments to bid rules March 12, 2021 Power producers body calls for withdrawing changes The Chandigarh Union Territory Administration’s decision to modify the bid conditions for the privatisation of its power distribution company mid-way the tendering process, has evoked strong objections from the industry. The industry, represented by the Association of Power Producers (APP), raised objections to the amendments made to the bidding rules for 100 per cent privatisation of the UT s power discom. The amendments are feared to have an impact on the financial bids as well as it allowed new bidders to submit the bids even after the last date of submission. ....