BUSINESS
L&T CEO SN Subrahmanyan expresses concerns over recurrence of COVID pandemic in India
Supply chains which were badly disrupted by the pandemic have been again hit by Russia’s war on Ukraine, says Subrahmanyan
BUSINESS
Why is GoI interested in green bonds?
BUSINESS
Tumultuous year for oil and gas industry amid Russia-Ukraine war, demand stress
Prices of crude oil in 2022 swung from the 14-year high of $140 per barrel in March to around $80 per barrel in December.
BUSINESS
Oil prices remained volatile in 2022 driven by geopolitical tensions, demand worries
Prices surged to 14-year high of $140 per barrel in March but have now tapered off to around $80 per barrel.
BUSINESS
India Energy Week ideal to take decisive steps in ever-evolving energy scenario: Puri
Union Minister Hardeep Singh Puri said India is undertaking an ambitious journey of the energy transition to achieve its net-zero target by 2070.
BUSINESS
India’s gas price index will be relevant for the country: IGX MD
Rajesh Kumar Mediratta said international benchmarks including JKM and HH should not become ours.
BUSINESS
Why is India pushing for green hydrogen?
BUSINESS
HPCL launches first polymer brand foraying into petrochemical business
The brand will cover various grades of HDPE (High Density Polyethylene), LLDPE (Linear Low-Density Polyethylene) & PP (Poly Propylene).
BUSINESS
PLI schemes for green hydrogen electrolysers should be announced in budget: Sumant Sinha
Sinha, founder of ReNew Power, said solar PLI allocation need to be increased in the upcoming budget.
BUSINESS
Crude on course to spike by March but may trade below $100 a barrel: MC Poll
Moneycontrol conducted a poll to gauge sentiments towards crude oil prices and how fuel prices in India would, in turn, be impacted.
BUSINESS
Energy industry asks for GST on petrol, tax exemptions in renewables from Budget 2023
The top ask for the energy sector from the budget is for the Goods and Services Tax (GST) on petroleum products.
BUSINESS
India saved over Rs 35,000 crore with discounted Russian crude, may continue buying: Experts
Russia was India’s top oil supplier in November for the second consecutive month.
BUSINESS
Why India needs to expedite transnational pipeline project?
BUSINESS
Govt unveils plan to set up transmission system to achieve 500 GW non-fossil fuel-based capacity
India aims to have 500 GW of non-fossil fuel-based electricity installed capacity by 2030
BUSINESS
MC Explains: OPEC+ decides to keep oil production unchanged amid sanctions on Russian oil. What can this mean for India?
Earlier, the group had agreed to reduce oil production by 2 million barrels per day from November 2022 until the end of 2023.
BUSINESS
Petroleum Ministry to seek compensation for OMC losses on sale of petrol, diesel due to price freeze: Top official
OMCs reported consolidated losses of Rs 3,805.73 crore in the September quarter due to low marketing margins on the sale of petrol, diesel, and domestic LPG.
BUSINESS
Oil Ministry to send proposals to Cabinet on Kirit Parikh Committee recommendations this month
The final decision on the recommendations may be slightly different from what it appears now, said a senior ministry official
BUSINESS
India to keep buying crude from wherever possible, including Russia: Top official
The EU governments agreed to tentatively impose a $60 per barrel price cap on Russian oil on December 1.
BUSINESS
City gas distributors to gain most from Kirit Parikh panel pricing recommendations
Brokerages said if the suggestions are approved, they will have a positive impact on city gas distribution companies such as Indraprastha Gas and Mahanagar Gas.
BUSINESS
Solar power prices expected to decline 50% by 2050: Ajay Mathur
A decline in solar power prices will help in production of green hydrogen at reduced costs, said the director general of International Solar Alliance.
BUSINESS
ONGC retains 20% stake in Russia’s Sakhalin-1
The company has received approval from Russia to retain 20 percent stake in the project, said Managing Director, ONGC Videsh.
BUSINESS
Climate financing demand estimated at around $7.6 trillion annually through 2050: Report
Climate finance gap needs urgent attention and collective action, said Global Head for Energy, KPMG.
BUSINESS
Govt amends natural gas norms to boost competitive, affordable rates in far-flung areas
The integrated natural gas pipeline tariff will be a precursor to the unified tariff at the national level which will come into effect from April 1, the regulator said.
MCMINIS
Why is India interested in sedimentary basins?
