There may be no respite for fuel consumers in the country facing high prices of petrol and diesel for the past couple of months as global oil scenario is expected to remain firm with oil […]
India’s electricity demand is projected to grow at 9.9% yearly towards 2025 driven by its sheer size and economic growth. The demand dipped temporarily in 2020 due to Covid-19 induced lockdowns, but it not only […]
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
Regulatory constraints are posing headwinds for open access-based renewable energy (RE) projects, said ICRA on Thursday. Independent power producers (IPPs) in the renewable energy sector selling electricity in the open access route (third-party or group captive mode) are faced […]
CHENNAI: Reliance Industries, operator of the world’s biggest refining complex at Jamnagar in western India, will invest $10.1 billion in clean energy over three years in a drive to become a net carbon zero company by 2035. Reliance’s […]
Iran, currently negotiating with global powers for its return to the mainstream global economic scene, could offer India access to its port of Jask as a base for strategic oil reserves and a standalone gas pipeline to […]
The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 trillion in the current year, […]
State-run Coal India Ltd said on Friday buyers are now allowed to export coal bought from the miner through e-auctions, in what it called a “first of its kind” and a major policy shift. The world’s largest miner by production […]
New Delhi: Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29 GW in the pre-construction stage will end up stranded due to competition from renewables, according to the […]
Oil companies’ mega expansion plan has collided with the pandemic, creating for petrol pumps a double whammy of increased competition and collapsing fuel demand. In two years, companies have added around 12,500 pumps, increasing the country’s fuel […]
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