Record diesel and gasoline sales in May indicate strong demand
New Delhi: India's May diesel and gasoline sales reached record levels, providing a rare positive indication for the global oil markets, Bloomberg reported.
Manish Patil joins as ONGC's Human Resource Director
Mumbai: Manish Patil has joined as the Director (Human Resource) of the Energy Maharatna Oil and Natural Gas Corporation Limited (ONGC).
India's coal and power supply stretched to limit amid rapid growth in economic activities
New Delhi: The power generators and coal mines in India are currently experiencing significant pressure to keep up with the escalating demand for electricity, which has been fuelled by the country's rapidly expanding economy and swift electrification efforts, Reuters reported.
Govt to blacklist renewable power companies for failure to meet project completion deadlines
New Delhi: The government will blacklist renewable power companies for three to five years if they fail to meet the project completion deadlines, media reports said.
India accelerates pace to secure long-term LNG deals: Report
New Delhi: India is looking to seal more long-term LNG deals to boost its economic growth while reducing the dependence on coal, media reports said.
India considers new coal imports amid rise in power demand
India may consider further coal imports to avoid a fresh power supply crisis, according to media reports.
Govt invites EoI for manufacturing zone for power & RE sector
New Delhi: In a bid to promote indigenous manufacturing and make India self-reliant, the Ministry of Power has invited expressions of interest for setting up a manufacturing zone on a pilot basis for the power and renewable energy sector with a budgetary allocation of Rs 400 crore over a period of five years.
Global oil supply to fall to 9-year-low in May as OPEC+ deal takes effect - IEA
Moscow/ Sputnik: Global oil supply will fall in May to a nine-year-low of 88 million barrels per day, as the new OPEC+ oil production cuts deal will take effect, the International Energy Agency (IEA) said on Thursday.