All coverage of India, ranked by recency.
Oil prices are high not because the world is short on oil but because the trade routes have been severely disrupted, driving up freight and other costs, India’s Oil Minister Hardeep Singh Puri said. “There's no supply shortage in the world. The world has 104 million barrels of oil a day. It's only that the supply routes are choked and freight charges and others are high, and that's higher price...
India power shortfall hits three-year peak despite higher coal burn reuters.com
Government cuts windfall tax on diesel, ATF BusinessLine
India cuts windfall taxes on diesel, aviation fuel exports Reuters
Windfall tax cut on diesel, ATF exports from October 1 BusinessLine
A major explosion and fire have hit one of India’s largest refineries just as the country is pushing its plants above normal operating rates to offset tight fuel supplies caused by the Iran war. One worker was killed, and at least eight others were injured Wednesday after a high-pressure Cold Separator ruptured in the Coker Hydrotreater Unit at Mangalore Refinery and Petrochemicals Ltd.’s 15-mi...
RENEWABLE ENERGY developer ACEN Corp. has signed another agreement with Dutch investor Diamond India Renewables One B.V. (DIRO) involving a stake of up to 49% in a new solar project in India. In a regulatory filing on Wednesday, ACEN said it signed a securities subscription and purchase agreement and a shareholders’ agreement for the acquisition of up to 49% of Ijya Five Renewables Pte. Ltd. Ij...
The White House official said the investments would include the Alaska LNG pipeline project, eight large-scale nuclear power plants and a 6-gigawatt power generation facility in Texas.
India approves $19 billion for renewable energy programme Reuters
IOC’s Gujarat refinery reaches 18-MTPA crude capacity BusinessLine
India's MRPL cancels fuel export tenders after fire at refinery zawya.com
The renewed rally in oil prices above $100 per barrel Brent has prompted foreign investors to pull money out of India’s stock and bond markets at the highest pace since March, when the start of the Iran war and the oil supply crunch in Asia launched a massive exodus from Asian assets. Following the largest outflows this year in March, India’s assets returned to booking inflows in April, May, Ju...
Crude oil price as Trump denies reports of easing Iran sanctions BusinessLine
Overseas investors are turning sellers of Indian assets again as surging oil prices and rising global yields threaten to derail a recent revival in demand.
India’s initial public offering market is heading toward a third consecutive blockbuster year, with a packed pipeline to build on its third-quarter momentum, punctuated by blockbuster deals.
China’s electric truck sales surge amid soaring global diesel prices BusinessLine
Trump to unveil South Korea’s $200 billion US investment plan, including $54 billion for Alaska LNG BusinessLine
India becomes World’s third-largest renewable energy capacity holder: Pralhad Joshi DD News
Rosatom in talks with Adani Group, RIL, NTPC for nuclear power push in India BusinessLine
India energy storage investment may cross ₹4 lakh crore by FY32 BusinessLine