Economic Times
India reduced the windfall tax on domestically produced petroleum crude to Rs 4,600 per tonne from Rs 7,000 per tonne due to a drop in crude prices. T
Russia's gasoline stocks in 2024 are 1% higher than last year's level, Sorokin said, adding that gasoline exports in July 2024 were down 33%.
The IECC further said that if electricity demand continues to grow at an annual rate beyond 6 per cent, India will face evening power shortages by 202
REC Power Development and Consultancy Limited (RECPDCL) has transferred a project-specific Special Purpose Vehicle (SPV) to Techno Electric & Engineer
The Uttar Pradesh Assembly passed a Bill on Tuesday to address cheating in public examinations, imposing life imprisonment and fines up to Rs 1 crore
The Petroleum and Natural Gas Regulator Board (PNGRB) announced that starting next month, tariffs for older petroleum product pipelines in India would
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
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
India’s Union Budget 2024-25 sets the stage for a sustainable energy transformation. Key initiatives include partnerships for nuclear energy advance
The 2024-25 Union Budget announced support for 800 MW coal-based power plants using Advanced Ultra Supercritical (AUSC) technology. Finance Minister N
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
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-
Bharat Petroleum Corp, India's third-largest refiner, anticipates Middle Eastern crude producers to reduce official selling prices due to declining fu
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
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
Toshiba Transmission & Distribution Systems India will invest Rs 500 crore over three years to expand transformer capacity by 1.5 times and meet globa
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%
The Damodar Valley Corporation (DVC), India's first multipurpose river valley project, will be corporatised, unbundling into at least three entities f
In New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Prize Petrole
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
