India’s Finance Ministry is set to finalize a Rs 32,000-35,000 crore compensation fund for state-owned oil marketing companies (OMCs) to…
India’s Ministry of Petroleum and Natural Gas has introduced the Draft Petroleum & Natural Gas Rules, 2025, a landmark reform…
India experienced a 1.5% decline in power demand during Q1 FY26, the first since 2020, due to lower temperatures and…
The PNGRB unveils ambitious plans to transform India’s natural gas market into a global hub, introducing new products like CBG,…
State-owned oil marketing companies (OMCs) in India are projected to report a robust Q1 FY26, driven by significantly improved petrol…
Spot electricity prices dropped up to 20% in Q1 FY26 due to early monsoon, reduced demand, and higher renewable and…
PNGRB simplifies gas pipeline tariffs, reducing zones from three to two, lowering costs for CGD firms like IGL and MGL.…
Husk Power Systems plans to double its mini-grid capacity in 2025 and launch 10,000 rooftop solar installations via BEEM. With…
Green Energy Corridor Phase-I nears completion with 20 GW of 24 GW transmission capacity commissioned. The project spans eight states…
Despite a projected decline in long-term global oil demand and a slowdown in 2025 due to Trump’s tariffs, S&P Global…
India’s petroleum product exports fell 10% in June to 1.19 million bpd. UAE, Australia, and Europe saw rising imports, while…
India’s Russian crude oil imports are projected to reach a two-year high of 2.13 million barrels per day in June…
India’s natural gas import bill rose 8.7% to $2.5B in Apr-May FY26 despite lower volumes. Domestic production fell 3%, raising…
In a significant move to expand its renewable energy portfolio, India’s Ministry of New and Renewable Energy is exploring the…
Oyster Renewable Energy targets 2 GW green energy capacity by 2030 with Rs 14,000 crore investment. 800 MW to be…
Iran’s threat to close the Strait of Hormuz raises concerns over oil supply disruptions. With two-fifths of crude imports at…
Crude oil prices remain stable at $76–78, but risks persist amid rising West Asia tensions. With 39% of imports via…
India’s backlog of renewable energy projects without PPAs drops to 30 GW as agencies sign new deals. Govt eyes unified…
