Economic Times

The Petroleum and Natural Gas Regulator Board (PNGRB) announced that starting next month, tariffs for older petroleum product pipelines in India would
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MRPL plans to sell 240,000 metric tons of jet fuel in term supplies from September to February. Interested buyers must submit proposals by July 31 to
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India is the world's third-biggest oil importer and consumer, importing more than 80% of its oil needs. Indian refiners had placed orders in May for m
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India’s Union Budget 2024-25 sets the stage for a sustainable energy transformation. Key initiatives include partnerships for nuclear energy advance
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The 2024-25 Union Budget announced support for 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. Finance Minister N
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The Economic Survey 2023-24 highlights coal's continued dominance in India's energy system for the next two decades, with phase-down dependent on impo
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Indian Oil Corp aims to triple natural gas sales and increase renewable energy capacity to 31 GW by 2030, while building 5 GWh of lithium-ion battery-
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Bharat Petroleum Corp, India's third-largest refiner, anticipates Middle Eastern crude producers to reduce official selling prices due to declining fu
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ONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2.36% BTC hol
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Indian Oil and ONGC led Q1 spending with ₹8,500 crore and ₹8,000 crore, contributing to ₹26,500 crore spent by state oil firms out of a ₹118,5
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Toshiba Transmission & Distribution Systems India will invest Rs 500 crore over three years to expand transformer capacity by 1.5 times and meet globa
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Consumption of refined products increased 2.6% in June to 20 million metric tonnes (MMT). For the April-June period, the growth was 3.4%, led by 11.4%
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The Damodar Valley Corporation (DVC), India's first multipurpose river valley project, will be corporatised, unbundling into at least three entities f
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In New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Prize Petrole
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ICICI Bank had petitioned the court in November 2020 to pursue the recovery of its $1.35 billion lent through its Dubai, Bahrain and Singapore branche
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Tata Power plans a robust ₹20,000 crore investment in FY25, aiming to boost renewable energy and expand transmission and distribution. Chairman Nata
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The Supreme Court of India has dismissed an appeal by the Ministry of Petroleum and Natural Gas regarding a case involving the development of Ravva oi
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NCLT appointed Satish Kumar Gupta as an interim resolution professional for managing the company during pendency of the insolvency. "The corporate deb
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Power tariff for different sections of consumers was revised in Tamil Nadu on Monday and this was part of the measures to offset the mounting financia
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Oil and Natural Gas Corporation (ONGC) made history as its share price surged past Rs 323 with a 5.18 per cent intraday gain, boosting its market capi
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