Demand and pricing environment remains positive; any reversal in energy prices could hurt sentiment
India has set a goal to achieve net zero carbon emissions by 2070
Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders
There was no power outage in Delhi on Thursday and peak energy demand further declined to 4,160 MW from 4,382 MW on Wednesday, the Union Power Ministry said on Friday
US oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets.
An electricity crisis is roiling energy markets from Europe to Asia, with fuels that can be used for heating or power in high demand.
A lack of coal means factories could shut, while forcing India to import more fossil fuels.
The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic
Gasoline stations running dry in Britain. Power costs surging in the European Union ahead of winter. Forced restrictions on energy use in China. And rising prices for oil, natural gas and coal
Agriculture is India's real strength, said Union Minister for Road Transport and Highways Nitin Gadkari on Wednesday, adding the government intends to diversify it into the energy and power sector
All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline in Covid-19 cases, according to India Ratings
Drop was most since World War-II; renewable energy deployment zoomed in 2020
The electricity generation increased 42.5 pe cent y-o-y to 115.5 billion units in April 2021
Many will bear the brunt, except crude & gas producers and renewable firms
Restrictions following the second wave of the COVID-19 pandemic could impact energy demand growth recovery in the first quarter of this financial year, says India Ratings and Research (Ind-Ra)
CAIRO (Reuters) - The Suez Canal stepped up efforts on Friday to free a stuck mega vessel, after an earlier attempt failed to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.
Noting that India imports over 85% and 53% of its oil and gas requirements, respectively, the PM says the country is working to meet growing energy demand and prune imports
The job cuts come after the company promised to lower its operating expenses by $1 billion this year in the face of sharply lower energy demand
Electricity generation (excluding renewables) also decreased 17.7 per cent to 96.3 billion units in May
From first drone deliveries in the US, to how South Korea crushed its second outbreak, and the impact of Covid-19 on militant activity in Africa - read these and more in today's world dispatch