Economic Times
The supplies under the new contract will start from 2028 when the current 25-year LNG purchase contract expires. Supply will be delivered to Indian po
Mining conglomerate Vedanta Ltd, owned by Vedanta Resources, plans to invest $4 billion in doubling oil production over the next 3 years. The company
As preferred partners, ATGL will have certain inherent project-level benefits, which include preferential treatment to ATGL and access to advanced sch
In the past month, Russia's energy infrastructure has faced multiple drone attacks and fires, contributing to uncertainties in global oil and gas mark
Crisil Ratings upgrades Adani Power's loan facilities to 'AA-', citing strong improvement in business and financial risk profile. The upgrade is drive
Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd reported bumper profit totalling over Rs 69,000 cror
India's crude oil imports from Russia dropped for the second consecutive month in January, reaching their lowest level in a year. However, experts bel
India plans to launch a carbon capture policy to address its growing emissions while still utilising its vast coal resources. The policy, set to be un
From July 2022, India imposed a windfall tax on crude oil producers, and extended the levy on exports of gasoline, diesel and aviation fuel as private
Petrol consumption rose 9.3% in January, while diesel consumption increased by 3.1%. Sales of petrol and diesel in the April-January period were up by
Russian oil's share in India's crude imports dropped to 25% in Jan from 31% in Dec due to narrower price discounts, US sanctions impacting shippers, a
India's electricity supply in 2024 is more comfortable due to increased coal production and a significant deployment of renewables. Coal inventories h
The sales price of the gas would be determined by combining the monthly value of Asian spot LNG benchmark JKM with a variable that bidders would quote
India is embarking on a capacity expansion of its oil refineries to meet the country's rising thirst for fossil fuels. The building blitz aims to rais
The Indian government has extended the deadline for implementing an additional ₹2 per litre tax on unblended diesel to April 1, 2025. The tax, aimed
Sinnar Thermal Power (STPL) is a subsidiary of the listed company RattanIndia Power, one of the largest distressed power producers, which has a 1,350
Nebula Energy LLC is acquiring a majority stake in AG&P LNG for $300 million, giving it a foothold in the Indian market. Nebula Energy is an investmen
IOC Global Capital Management IFSC Limited (IGCMIL), the wholly owned unit of Indian Oil, will use the funds to refinance the parent’s existing exte
Petronet LNG reported a profit of Rs 1,191 crore in the October-December quarter against a profit of Rs 1,181 crore in the year-ago period aided by in
Bharat Petroleum Corporation Ltd (BPCL) reported an 82% rise in net profit for the December quarter. While the ongoing attacks on shipping vessels by
