India’s road transport ministry is set to update vehicle emission rules. Higher ethanol fuels like E85 and E100, along with B100 biodiesel, will now be part of the country’s emission testing and certification. This move aims to formalize the inclusion of these advanced fuels. The proposed changes are under Rule 115 of the Central Motor…
Mitsubishi, the Japanese conglomerate, is poised to exit a power project located in West Bengal, prompting discussions with NTPC regarding the financial implications. The company has tabled an offer for penalties associated with their withdrawal from the incomplete project, while NTPC is advocating for a more substantial settlement. As dialogues continue, both parties are working…
At crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre for diesel, according to the ratings agency. For every $1 per barrel increase in crude prices, fuel marketing losses rise by about 60 paise per litre, assuming no change in…
Speaking at The Economist Enterprise’s Resilient Futures Summit in New Delhi, he said the ability to create large-scale infrastructure with purpose will determine how well countries withstand global disruptions.
In a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global energy landscape. This bold step is set to alter oil production dynamics and reshape international relationships, ushering in new energy frameworks.
Government has denied reports of increased petrol and diesel prices. A viral social media post claiming price hikes is fake. The Ministry of Petroleum and Natural Gas has issued no such order. Citizens are urged to rely on official government sources for accurate fuel pricing information. Avoid sharing unverified content to prevent confusion and panic.
Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking gas LPG is projected to incur an Rs 80,000 crore under-recovery this fiscal. Fertiliser subsidies are also set to rise significantly. These pressures impact profitability across various sectors, with relief contingent on easing global tensions…
Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and high global prices impact profitability. Fertiliser costs are rising sharply, requiring increased government subsidy. Chemical and gas sectors also see margin pressures. Elevated costs will affect downstream sectors in FY2027.
India successfully met its record peak power demand of over 256 GW on April 25, 2026. Renewable energy sources like solar, wind, and hydro contributed significantly. This achievement demonstrates India’s capability in handling peak power demand with clean energy. The government is investing in grid modernization and increasing generation capacity to boost renewable energy’s share…