Economic Times

In April, India increased imports of Russian oil while decreasing imports from Iraq and Saudi Arabia, according to preliminary data from Kpler and LSE
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Indian Oil Corp announced a Rs 5,215 crore investment to develop 1 GW of renewable energy capacity in India. The plan includes setting up standalone s
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Sterlite Power reports a successful fiscal year FY24, with new orders worth Rs 2,500 crore in Q4 driving 35% YoY growth. The company focuses on global
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India's oil import bill could rise to USD 101-104 billion in FY2025. Lower Russian oil imports increased savings. Middle East conflict impacts oil rou
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Reliance joins a growing group of Asian refiners in buying Canadian crude to be exported from the new pipeline which is scheduled to start transportin
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The Hyderabad-based MEIL won the bidding process and bagged the project. "It also saw L&T's stiff resistance as they moved Supreme Court over it but t
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NTPC Group, a state-owned power giant, has surpassed the milestone of 76 GW in installed power generation capacity. This achievement follows the commi
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India's power demand is expected to rise by 7-8% in Q2 2024 due to robust industrial activity, GDP growth, and above-normal temperatures. The rating a
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NTPC Ltd and the Nuclear Power Corporation of India are seeking bids for the Mahi Banswara Rajasthan nuclear power project in the current financial ye
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GAIL plans to double its LNG trading volume by 2030, Gupta said, without specifying the current size of its business. "We have expertise in gas. We ha
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REC Limited provides Rs 1,869.265 crores term loan to CVPPPL for Kiru Hydro Electric Project on river Chenab. NHPC and JKSPDC joint venture CVPPPL to
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"The introduction of ssLNG contracts on IGX aims to address the growing gas demand from industries and CGD (City Gas Distribution) companies that do n
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Union Minister Hardeep Singh Puri discussed the global oil market's volatility and its impact on global energy supply stability. Puri emphasized the n
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Hindustan Petroleum Corp. Ltd (HPCL) plans to establish an international oil trading desk as part of its Visakh Refinery Modernisation Project. The mo
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The International Monetary Fund on Tuesday described an "adverse scenario" in which an escalation of conflict in the Middle East would lead to a 15% j
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India's crude oil imports declined by 16% in the fiscal year ending March 31 due to lower global rates, but import dependency hit a new high at 87.7%.
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India's power consumption surged by nearly 10% to 70.66 billion units in the first half of April, indicating economic growth and changing consumption
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GAIL plans to increase Dabhol LNG terminal capacity to 12 mtpa by 2030 to meet rising gas demand. The government aims for 15% natural gas share by 203
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The government had previously raised the windfall tax on petroleum crude to 6,800 rupees per metric ton from 4,900 rupees on April 4.
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The government on Saturday directed all gas-based power plants to operate in May and June amid an anticipated increase in demand during the summer mon
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