Page 7 - Energy Sector

BSE Energy index surges 3%, hits record high; MRPL zooms 20%, RIL up 4.5%

Shares of Reliance Industries (RIL) was close to its record high level of Rs 2,750 touched on October 19, 2021.

FM Sitharaman, CEA Nageswaran to attend World Bank-IMF Spring Meeting

Sitharaman and CEA V Anantha Nageswaran are expected to represent the government at the World Bank-IMF Spring Meeting, which will take place in Washington DC from April 18 to April

Technology, energy emerge as winning sectoral bets for MF investors

Energy schemes have been the second-best performer with annualised returns of 62 per cent

Soaring food, energy prices reach Asia to bring global inflation in sync

The turning point was Russia's invasion of Ukraine, which triggered an upheaval in commodities markets.

Energy geopolitics and LNG

The Russia-Ukraine war has put the spotlight on the role of liquefied natural gas (LNG) in the global energy futures

Unsettling the energy mix, clawbacks

The energy markets are in a flux and the ideal mix is changing.

Greenko Wind Projects raises $750 mn through dollar bonds

Three-year paper priced at 5.5%

Closely monitoring global energy market, potential supply disruptions: Govt

Minister of state in Petroleum and Natural Gas while replying to Rajya Sabha informed that geopolitical situation between Russia-Ukraine has resulted in a steep rise in global crude oil and gas prices

Auto is an extremely attractive contrarian bet: Shiv Sehgal, Edelweiss

Despite the correction, our valuations relative to other emerging markets (EMs) haven't yet come off. Thus, FIIs are a bit cautious

EU leaders seek ways to give support economies amid high energy prices

European Union leaders on Friday tried to find ways to support the continent's economies as they face skyrocketing energy prices amid a crisis aggravated by Russia's invasion of Ukraine.

Managing the rupee

An orderly adjustment would be healthy

Risks of imported energy get real

If energy prices remain this high for a year, they could shave 3 per cent off India's GDP, weaken the currency

Sustainable growth possible only with sustainable energy sources: PM Modi

India can be a global hub of green hydrogen as an ample availability of renewable energy gives the country an inherent advantage, Prime Minister Narendra Modi said on Friday.

Philippines approves revival of nuclear power to help replace coal

Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country's energy mix

Ukraine crisis: Exodus of firms from Russia reversing 30 years' investment

Foreign energy majors have been pouring in money since the 1990s

'Russia-Ukraine crisis to further hamper coal supply to CPPs, industries'

According to the Indian Captive Power Producers Association, amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand

First Green Hydrogen Policy offers sops to makers and users both

Manufacturing zones to be set up for green hydrogen/ammonia

India's renewable energy sector can employ 1 mn people by 2030: Study

Renewable energy sector has the potential to employ around one million people by 2030, and most of the new jobs would be generated by small-scale renewable energy projects, according to a study.

NTPC invites bids to set up 3GW energy storage facility in India

NTPC's arm, NTPC Renewable Energy Ltd (NREL), has invited bids for selection of developers for inter-state transmission system (ISTS)-connected energy storage facility of 3,000 MW capacity

Conflicting trends for energy stocks: State polls only add to uncertainty

Petrochemicals producers may have seen declines in bottom lines