Economic Times
Chinese and Indian diesel markets are showing signs of a slowdown, potentially leading to weaker crude oil prices. In China, diesel demand is contract
Oil prices have fallen to their lowest since January, improving profitability for fuel marketing companies and potentially allowing for a reduction in
THDC India has signed an agreement with the Maharashtra government to develop six pumped hydro power storage projects totaling 6,790 MW. The projects,
India's Oil and Natural Gas Corp. is planning a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to meet growing fuel demand. T
Saudi Arabia is likely to reduce prices for most crude grades sold to Asia in October, following a decline in the Middle East benchmark Dubai. The ant
India's power consumption dropped by 4.7 per cent to 144.21 billion units in August compared to the previous year, due to above-normal rainfall across
Oil marketing companies have increased the price of a 19 kg commercial LPG cylinder by ₹39, bringing it to ₹1,691.50 in Delhi. This follows a prev
Finance minister Nirmala Sitharaman has given the navratna status to four more state-owned public enterprises - Satluj Jal Vidyut Nigam Ltd, Solar Ene
Bharat Petroleum Corp plans a ₹75,000 crore investment over the next five years to expand its refining and petrochemical capacities, aiming to cater
After the recent cut this month, the goverment on Friday reduced windfall gains tax on petroleum products to Rs 1,850/tonne from Rs 2,100/tonne effect
Power Grid Corporation of India has acquired the project special purpose vehicle Bhadla-III and Bikaner-III Transmission Ltd through tariff-based comp
The Bangalore Electricity Supply Company (BESCOM) announced that from September 1, electricity supply will be disconnected if bills or additional secu
Numaligarh Refinery Limited in Assam announced progress in its mega expansion project, aiming to increase capacity from 3 to 9 MMTPA by December 2025.
The government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition will suppor
ONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of dividends
Despite the political unrest in Bangladesh, business between Assam-based Numaligarh Refinery Limited (NRL) and Bangladesh continues uninterrupted. NRL
India’s booming economy is driving a significant increase in energy demand. Petroleum product consumption is expected to rise steadily by 4-5% annua
Incessant rains and increased hydro and wind power generation have caused a sharp fall in power prices on the Indian Energy Exchange this August. With
The Assam government has approved an oil exploration project by the Vedanta group near Hoollongapar Gibbon Wildlife Sanctuary. The proposal has been s
Starting November 1, 2024, the Union government will lift the cap on sugar diversion for ethanol production, allowing the use of cane juice, syrup, an
