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Sprng Energy changes hands again: A timeline of Shell's $1.8 billion sale to Aditya Birla Group

New Delhi, July 14 -- Indian renewable energy platform Sprng Energy has changed hands twice in less than four years. In the latest chapter of its ownership journey, Shell Plc on Monday announced the s... Read More


India stocks up gas from spot markets as West Asia tensions flare

New Delhi, July 14 -- With renewed tensions in West Asia clouding the outlook for shipping through the Strait of Hormuz, Indian refiners are increasingly turning to the spot market for cooking gas-or ... Read More


CEA advises against continuous use of air conditioners amid El Niño-driven heat

New Delhi, July 9 -- The Central Electricity Authority (CEA) has urged consumers to use electricity judiciously, including by avoiding the continuous operation of air conditioners, as India braces for... Read More


Peak power demand may hit 300 GW next year, says power minister

New Delhi, July 8 -- India's peak power demand is expected to touch 300 GW in FY27, up from an estimated 272 GW this year, prompting the government to ask utilities to prepare for a sharp rise in elec... Read More


Brent takes top share in India crude basket

New Delhi, July 8 -- India has flipped the composition of its official crude basket after disruptions to West Asian oil supplies during the Iran conflict reshaped its crude import mix, giving Brent-li... Read More


Brent takes top share in India crude basket

New Delhi, July 8 -- India has flipped the composition of its official crude basket after disruptions to West Asian oil supplies during the Iran conflict reshaped its crude import mix, giving Brent-li... Read More


Asia's hydro power slump puts pressure on coal as El Niño weakens rainfall, says S&P

New Delhi, July 7 -- Hydropower generation across key Asian markets fell sharply in June as weather-related disruptions reduced reservoir inflows, increasing reliance on coal and other flexible power ... Read More


India cuts Dubai-Oman weight in crude basket as oil sourcing shifts

New Delhi, July 7 -- India has flipped the composition of its official crude basket after disruptions to West Asian oil supplies during the Iran conflict reshaped its crude import mix, giving Brent-li... Read More


CEA asks discoms to curb outages amid record power demand outlook

New Delhi, July 6 -- Amid projections of record power demand, the Central Electricity Authority (CEA) has asked distribution companies (discoms) to set up emergency response teams and draw up summer a... Read More


ACME signs $1 billion green methanol supply agreement with Japan's Mitsubishi Gas Chemical

New Delhi, July 3 -- ACME Green Molecules on Friday signed a $1 billion binding long-term purchase and sale agreement for 100,000 tonnes of green methanol per annum with Mitsubishi Gas Chemical Compan... Read More