• 4 minutes What If Canada Had Wind and Not Oilsands?
  • 8 minutes EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 17 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 9 hours Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 19 hours Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 4 hours Could oil demand collapse rapidly? Yup, sure could.
  • 3 hours Saudi Arabia turns to solar
  • 10 mins U.S. Withdraws From U.N. Human Rights Council
  • 18 hours EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 58 mins Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 4 hours Gazprom Exports to EU Hit Record
  • 4 mins Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 hours What If Canada Had Wind and Not Oilsands?
  • 9 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 4 hours OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 3 hours "The Gasoline Car Is a Car With a Future"
  • 22 hours North Korea, China Discuss 'True Peace', Denuclearization
  • 23 hours WE Solutions plans to print cars
  • 15 hours EVs Could Help Coal Demand
Russia Gears Up To Boost Oil Production In July

Russia Gears Up To Boost Oil Production In July

According to export schedules and…

British Firm Seeks Nuclear Partnerships with India

Britain’s Lloyd's Register, well known for its maritime interests, is reportedly close to signing a nuclear agreement with India.

Lloyd's Register CEO Richard Sadler is currently in India to look for new business. Sadler told journalists that Lloyd's Register is a major advocate of nuclear power in shipping, commenting, "It will be the way forward and a safe way," The Asian Age reported.

Lloyd's Register is now involved with 30,000 megawatts of power projects in India as they inspect the manufacturing end of the supply chain to help ensure a consistent and reliable energy flow.

According to Sadler, Lloyd's Register’s non-maritime activities are now worth close to half of its total annual global turnover of $1.33 billion.

Sadler noted that Lloyd's Register have substantial business interests in China and could consequently help Indian power companies develop their supply chain, as there have been numerous complaints about cheap Chinese power equipment supplied to India causing problems and requiring expensive high maintenance.

Sadler added that Lloyd's Register is also interested in possible Indian defense contracting, commenting, "The Indian Navy is part of the Commonwealth navies and we see an opportunity in defense. We are already working with (India's engineering major, Larsen & Toubro Ltd.) L&T who have a defense contract with the Indian Navy."

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News