Economic Times
Twelve tankers are anchored, holding the key Russian crude grade. Most haven’t moved far for more than a month, vessel tracking data compiled by Blo
Indian Oil Corporation, Hindustan Petroleum Corporation, GAIL, Bharat Petroleum Corporation, and Oil and Natural Gas Corporation exceeded their capex
Tankers carrying Russian Sokol oil, stranded due to payment problems and Western sanctions, have started moving towards China and India. Some 7.5 mill
The National Company Law Appellate Tribunal rejected Navayuga Engineering's appeal against disqualification from bidding for the Athena Demwe Power pr
India has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. Indian state ref
Assam-based Numaligarh Refinery Limited (NRL) is executing the Numaligarh Refinery Expansion Project (NREP), which includes laying a cross country pip
The proposed transaction involves the acquisition of 100 per cent equity share capital of Coastal Energen Pvt Ltd (CEPL) by the acquirers (Dickey Alte
Sterlite Power has secured Rs 2,400 crore funding from REC Power Development and Consultancy Ltd (RECPDCL) for its Beawar transmission project in Raja
Capital expenditure on developing oil projects is estimated to drop below $3.5 billion in 2030 from around $4.3 billion in 2024. The estimates are bas
Bharat Petroleum Corporation (BPCL) is reportedly planning to establish a trading desk in Singapore or Dubai to expand its global reach in crude oil a
Both petrol and diesel sales recorded robust 4-6 per cent increases in the first nine months of 2023-24, fuelled by heightened economic activities in
The target is in addition to the power firm's capacity of 10,000 MW which is under construction, a senior company official told ET.
Lenders had pegged Adani Power's latest offer of ₹4,101 crore as the base price for the auction of the thermal power company. They also stipulated t
Urals oil, Russia's flagship export blend loaded from its western ports, is mostly supplied to Asia due to a European Union embargo on Russian oil, wi
Total outstanding dues of distribution companies (discoms) were at Rs 1,39,947 crore in June 2022, Power Minister R. K. Singh said in a reply to the L
Essar’s current output of 0.9 million metric standard cubic meters a day (mmscmd) from Raniganj East block in West Bengal will rise to 2.3-2.4 mmscm
India is poised to become a major growth story in the energy sector by 2030, Union Petroleum Minister Hardeep Puri said. The oil minister also stated
India is considering a multi-year oil purchase agreement with Guyana and aims to acquire stakes in the South American nation's exploration areas, acco
India's fuel consumption rose 8.2% YoY in January to 20.04 million tonnes, driven by strong industrial activity. Diesel sales increased by 3.5% to 7.4
The Punjab government has finalized the payment of ₹1,426 crore to banks, including IDBI, to acquire the debt-ridden 540-MW GVK Power's Goindwal Sah
