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2 mins read

Global energy outlook will shift once Trump returns to White House: Report

Trump's win in the US presidential election may shift the global energy outlook in response to anti…

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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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1 min read

Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying

The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.

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3 mins read

India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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Rupee hits record low of 84.23 against US dollar amidst US elections 2024

The Indian rupee hit a record low against the US dollar due to foreign fund outflows and a strong d…

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2 mins read

Waste to wealth: Himachal to convert fire-prone pine needles to biogas, help reduce fossil fuel dependence

Nearly 22 per cent or 8,267 sq.km of the total forest area in Himachal Pradesh is fire-prone. A maj…

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1 min read

India will be the largest source of oil-demand growth for the next 7 years, IEA says

The nation's oil demand is expected to increase by 1.2 million barrels a day by 2030, roughly a thi…

Aruni Soni   


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2 mins read

Sanctions are squeezing Russia, turning up its dependence on China and 'rogue' states, think tank says

Sanctions are working as Moscow is relying on North Korea, Iran, and China to stay afloat, think ta…

Filip De Mott   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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1 min read

Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions

The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…

Yuheng Zhan   


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3 mins read

India's refusal to take a side in the Ukraine war is frustrating the West. But it has its reasons.

India's stance on the Ukraine war highlights its strategic balancing act, with Narendra Modi playin…

Hannah Abraham,Tom Porter   


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1 min read

Telangana govt allots Godrej Agrovet 47,000 acres for oil palm plantation

Allocated by Telangana's Department of Agriculture and Cooperation (Horticulture and Sericulture), …

ANI   


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3 mins read

A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy

Shaun Mitchell advanced from a wind technician to a supervisor within a few years after leaving the…

Catherine Boudreau   


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3 mins read

Crude oil prices may hit $100/bbl after OPEC+ decision, say analysts

Crude oil prices are expected to rise after the oil cartel OPEC+ announced their decision to extend…

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1 min read

10 million barrels of Russian oil are stuck with nowhere to go

14 cargo tankers are stranded off the coast of South Korea, highlighting Russia's continued struggl…

Filip De Mott   


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3 mins read

Reliance to commission first solar giga-factory in FY25

In its largest annual report, the firm said it is targeting to commission the first train of 20GW s…

PTI   


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2 mins read

India may take 75 years to reach one-quarter of US income per capita, says World Bank report

Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…

PTI   


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3 mins read

EVs will increase India's dependence on China for raw materials, battery production: GTRI report

Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw mat…

PTI   


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4 mins read

Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

PTI