Economic Times
The biggest state-owned refiner Indian Oil Corp. will likely reduce the amount of crude received under so-called term supply, while Bharat Petroleum C
Mahanagar Gas Ltd (MGL) has reduced the price of compressed natural gas (CNG) in Mumbai to Rs 73.50/Kg, offering 53% savings compared to petrol and 22
To meet the projected peak power demand of 250 GW in summer, the power ministry has directed domestic coal-based thermal power plants to blend six per
Hindustan Petroleum Corp (HPCL) plans to start operating its new Barmer refinery in Rajasthan, India, by December 2022, using mostly Middle East oil.
The end of MGL's monopoly in Mumbai and VGL's exclusivity in Vadodara could increase competition and affordability for natural gas customers. City gas
The Indian government has extended the mandate for power producers to import 6% of their coal requirements until June, due to transport constraints an
The Reserve Bank of India has reportedly urged major state-owned oil refiners, including Indian Oil Corp., Bharat Petroleum Corp., and Hindustan Petro
Indian private firms, including Adani Power, JSW Group, and Essar Power, have expressed interest in building 10 GW of coal-fired power capacity over t
Kalpataru Projects International Ltd (KPIL) has received the letter of intent (LoI) from Aramco for carrying out engineering, procurement and construc
Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries (OPEC), said it would extend its voluntary cut of 1 million
Prime Minister Narendra Modi unveiled oil and gas sector projects worth Rs 1.62 lakh crore across India, including those in Bihar's Begusarai district
From March 1, 2024, the prices of 19 Kg commercial LPG gas cylinders increased by Rs 25 in major metros. In Delhi, the new price is Rs 1795, Mumbai Rs
Russia diverted LNG cargoes to China via Cape of Good Hope to avoid Houthi attacks in the Red Sea. The Suez canal route is risky, so they are taking a
The sanctions target Russia's leading tanker group, Sovcomflot, which Washington accused of being involved in violating the G7's price cap on Russian
No additional land will be required for the expansion. Stage-II will entail an investment of Rs 15,530 crore. Prime Minister Modi will dedicate Stage-
Power Finance Corporation (PFC) has become the first Indian government-owned entity to collaborate with SACE, the Italian export credit agency. Under
India's state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and US sanction
The Central Electricity Regulatory Commission has issued directives to power exchanges to prohibit manual entry of bids on behalf of members during or
In an interview with ET, Shell CEO Wael Sawan expressed concerns about rising political and social polarization worldwide, citing its impact on policy
Torrent Power's DGEN Power plant and Lanco Group were among the lowest bidders in an auction to supply natural gas-fired power during peak electricity
