Reliance Industries said it has stopped processing Russian crude at its Jamnagar SEZ refinery from 20 November, moving fully to […]
As US sanctions on Russian oil loom, India prepares to end its crude buying spree
India’s significant purchases of Russian oil are concluding. Last supertankers are en route before U.S. sanctions take effect. This marks […]
Reliance halts Russian oil imports for its only-for-export refinery amid US pressure
Reliance Industries has ceased importing Russian oil for its export-only refinery from November 20. Exports from this facility will exclusively […]
India, China banks and refineries moving to comply with Russia sanctions, US official says
A U.S. Treasury official said Indian and Chinese banks and refiners are beginning to align with U.S. sanctions on Russia’s […]
Heatwave-linked surge in power demand may deepen India’s fossil-fuel dependence: Report
India is facing a growing “heat-power trap” as record heatwaves boost electricity demand. This surge fuels dependence on fossil fuels, […]
Rs 53,700 crore loss: Nuvama expects oil companies to get LPG subsidy
Oil marketing companies are burdened with Rs 53,700 crore in LPG under-recoveries and the government may release Rs 30,000 crore […]
Oil edges up as US peace push may add to oversupply, though stockpile pull lends support
Oil prices edged higher on Thursday after yesterday’s minor dip. The market is navigating through uncertainty as optimistic forecasts of […]
Natural gas demand down 15% in October on high international prices
Consumption in the April-October period is 8.1% lower year-on-year. A mild summer reduced demand from power generators, while tightening supplies […]
Bangladesh’s HC orders pause on Adani’s Singapore arbitration over payment dispute
Bangladesh’s High Court has ordered the Adani Group not to move ahead with its planned international arbitration in Singapore over […]
Uttar Pradesh’s power regulator delays deal with Adani’s $2 billion project over cost issues
Uttar Pradesh’s power regulator has put off approving a supply deal with Adani Power’s new $2-billion coal project, citing unclear […]