State-run oil and gas companies have spent ₹71,000 crore, 54% of their annual capex target, with ONGC leading spending. This […]
GAIL India issues swap tender for two LNG cargoes, says report
GAIL, India’s largest gas distributor, is offering the cargoes for loading on a free-on-board (FOB) basis on January 27 at […]
World’s biggest oil tankers just got a lot more expensive as buyers shift away from Russian crude
Global oil tanker rates have surged to five-year highs, driven by new US sanctions on Russian oil and increased supply […]
New US sanctions threaten to disrupt India’s Russian oil lifeline
India’s imports of Russian crude oil will see a significant drop soon. New US sanctions target key Russian oil exporters. […]
Rolls-Royce expects non-governmental business in power systems to outgrow govt supplies by 2026-27
Rolls-Royce anticipates its non-governmental power systems business in India will surpass government supplies by 2026-27. This shift is fueled by […]
Tata Power to invest Rs 1,572 crore in Bhutan’s Dorjilung project
The project will be implemented through a special purpose vehicle (SPV), owned 60% by DGPC and the remainder by Tata […]
Tata Power signs agreements to pick 40% stake in special purpose vehicle for Bhutan project
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40% stake in a special purpose […]
Operating profit of oil marketers set to jump over 50% to in FY26: Crisil Ratings
Oil marketing companies are set for a significant profit boost this fiscal year. Operating profits are projected to jump over […]
US sanctions on Russian oil set to kick in, with 48 million barrels of crude at sea
New US sanctions are set to disrupt Russian oil exports. Millions of barrels may be stranded as tankers seek new […]
Renewable energy companies urged to show records on transfer of benefits from GST cuts
In a suo motu ruling, the Central Electricity Regulatory Commission (CERC) said monthly tariffs must be revised-or refunds issued-to reflect […]