India’s imports of Russian crude oil surged 4% in November to a five-month high of €2.6 billion, making it the second-largest buyer behind China. Refined fuels produced from this crude
Continue readingIndia's Russian crude oil imports jump to five-month high in November
The Union Cabinet has approved major reforms. Foreign direct investment in insurance is now 100 percent. A new Higher Education Commission of India will be formed. The atomic energy sector
India’s nuclear power sector is set for a major transformation. The Union Cabinet has approved the Atomic Energy Bill, 2025, named SHANTI. This landmark legislation will allow private companies to
JSW Energy’s arm, JSW Energy Utkal Ltd, has secured a Power Purchase Agreement with Karnataka discoms. This deal will supply 400 MW of power starting April 1, 2026, for 25
Continue readingJSW Energy arm inks pact to supply 400 MW to Karnataka discoms
Russian oil exports significantly declined in November due to buyer caution over stricter US sanctions, leading to a substantial drop in Moscow’s oil revenue. This fall, coupled with lower Urals
ExxonMobil’s director of economics and energy, Prasanna V Joshi, stated that investments in oil and gas production are becoming more critical as alternative solutions are not emerging as rapidly as
Continue readingInvestments in oil & gas more crucial now as green options lag: ExxonMobil
India’s upcoming SHANTI Bill, or Atomic Energy Bill 2025, is set to revolutionize the nuclear landscape by integrating private investment into the once-closed sphere. This initiative will not only outline
Continue readingIndia's new nuclear energy bill set to arrive with SHANTI
Power Finance Corporation’s subsidiary PFC Consulting Ltd has established a new company, Latur REZ Transmission Ltd. This special purpose vehicle will oversee the development of a crucial Latur transmission project.
Continue readingPower Finance Corp arm incorporates SPV for Latur transmission project
Amid concerns over the use of ethanol-blended petrol, Union Minister of Road Transport and Highways Nitin Gadkari said after extensive testing, no adverse impact has been found in cars where
Indian refiners are actively buying discounted Russian crude. Four of the seven largest processors are now sourcing non-sanctioned barrels. This comes as Reliance Industries avoids Russian oil to steer clear
Continue readingFour top refiners turn to Russia oil; Reliance Industries stays away