Economic Times
Russia's search for new markets post-Ukraine war has led to cheaper crude for Indian refiners but hurt diesel exports to Europe. Increased competition
The Supreme Court has sought a response from Adani Power regarding an appeal by Rajasthan discoms against a tribunal's order to pay Rs 186 crore due t
The bankruptcy court in Ahmedabad has admitted Essar Oil and Gas Exploration & Production Ltd under the Corporate Insolvency Resolution Process after
Morgan Stanley has reduced its Brent crude oil forecasts, citing demand weakness akin to recession periods. Brent crude futures hit their lowest level
The Abu Dhabi National Oil Company has signed a 15-year agreement to supply Indian Oil with 1 million metric tons of liquefied natural gas annually. T
India plans to cut trucking industry pollution by converting a third of long-haul trucks from diesel to liquefied natural gas (LNG) and mandating that
The Adani Group has warned Bangladesh's interim government, led by Muhammad Yunus, about a $500 million backlog in unpaid dues from a major power proj
Former Rajasthan chief minister Ashok Gehlot has urged the state and central governments to complete the Barmery refinery-cum-petrochemical project on
Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers over the past three years. These contrac
The Indian government aims to have liquefied natural gas (LNG) power a third of the country's long-haul heavy-duty vehicle fleet within 5-7 years, wit
India's power industry emissions must peak by 2026 to achieve net zero by mid-century, according to BloombergNEF. However, the government's push for c
The National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra's application to initiate insolvency proceedings against the persona
CBG prices, which are linked to the retail rates of compressed natural gas (CNG), have fallen about 12% in the past year and a half to Rs 1,290 per mm
OPEC+ has decided to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months. The group, which
The Punjab Cabinet has approved an increase in value-added tax on petrol and diesel by 61 paise and 92 paise per litre, respectively. This decision, m
Chinese and Indian diesel markets are showing signs of a slowdown, potentially leading to weaker crude oil prices. In China, diesel demand is contract
Oil prices have fallen to their lowest since January, improving profitability for fuel marketing companies and potentially allowing for a reduction in
THDC India has signed an agreement with the Maharashtra government to develop six pumped hydro power storage projects totaling 6,790 MW. The projects,
India's Oil and Natural Gas Corp. is planning a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to meet growing fuel demand. T
Saudi Arabia is likely to reduce prices for most crude grades sold to Asia in October, following a decline in the Middle East benchmark Dubai. The ant
