Indian private refiners, benefiting from discounted Russian crude, face challenges due to new EU sanctions banning imports of refined products made from Russian oil. Reliance and Nayara Energy, major exporters to Europe, will need to reroute supplies and rely on traders. The sanctions may increase fuel prices for Europe, while Indian state refiners are less…
India has the potential to become a preferred global destination for data centres, supported by a strong and integrated national power grid and a transformed energy sector, Commerce and Industry Minister Piyush Goyal said Monday, during a media interaction.
Coal India’s sales surged in March, marking the first increase in six months, as the nation prepares for peak summer demand. This boost comes amid a gas supply crunch, pushing India to rely more heavily on its domestic coal reserves. Power plants are ramping up coal stocks to meet anticipated higher demand and compensate for…
Shell India launches its new brand film, ‘Shell Chale Ban Ke Saathi’. The film marks almost a century of Shell’s presence in India. It highlights Shell’s commitment to India’s energy needs since 1928. The film showcases Shell’s evolution, values, and partnerships. Shell aims to power progress together and build a lower-carbon future. Shell reaffirms its…
Indian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank’s Shanghai office. Indian Oil and Reliance have bought shipments under a temporary U.S. sanctions waiver. This payment method has not been previously reported. India has also used yuan for Russian oil. The U.S. waiver on Iranian oil is…
State-owned fuel retailers IOC, BPCL and HPCL posted a combined profit of Rs 16,184 crore in Q1 FY26, more than two-and-a-half times higher than last year, helped by strong petrol and diesel marketing margins despite crude oil price declines.
Over the past year, my research has first highlighted the rapidly growing power demand of AI systems, followed by an assessment of the associated carbon and water footprints. Today, my latest research—published in Resources, Conservation & Recycling—addresses another, often overlooked consequence of the expanding AI infrastructure: electronic waste. While this is not the first attempt…
Sunsure Energy has partnered with NTPC Vidyut Vyapar Nigam to supply 500 MWh of peak power from a battery energy storage system to Uttar Pradesh Power Corporation. The 15-year agreement involves Sunsure establishing a standalone BESS in Jhansi, delivering on-demand power during peak hours. This agreement marks a shift in India’s energy storage, billing based…
Indian refiners are increasing U.S. crude oil purchases this month due to competitive prices, potentially reducing the trade deficit amid U.S.-India trade tensions. Indian Oil Corp, Bharat Petroleum Corp, and Reliance Industries have collectively bought millions of barrels of U.S. West Texas Intermediate crude.
India’s power sector is poised for significant growth. An investment potential of half a trillion dollars is projected over the next seven years. This includes generation, transmission, and energy storage. The country’s transmission network is expanding rapidly. The Bharat Electricity Summit 2026 will showcase this potential and foster global partnerships.