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Business News/Industry/ Energy

Energy News

In FY24, ONGC reported its highest-ever consolidated net profit of ₹57,101 crore. Photo: HT

ONGC, Indian Oil tie up to set up LNG plant near Hatta gas field in MP

2 min read . 21 Jun 2024

Power demand has remained elevated – largely in the range of 230-240 GW – after hitting an all-time high of 250 GW on 30 May. Photo: Hindustan Times

More than 30 GW of generation capacity out of commission as power demand soars

2 min read . 21 Jun 2024

India's peak power demand touched a record 250 GW on 30 May.

Exchange prices of power increase, hit ceiling price in peak hours

4 min read . 20 Jun 2024

Last week, both benchmarks had gained on upbeat hopes that oil inventories are set to fall as the summer season gets under way in the northern hemisphere. (REUTERS)

Oil prices advance on hopes for demand boost in northern hemisphere

1 min read . 17 Jun 2024

Norwegian energy giant Equinor said on April 25, 2024 that its net profit dropped by 46% during the first quarter, dragged down by falling gas prices. (Photo: AFP) / Norway OUT

India in talks with Equinor for crude reserves, long-term LNG deals

4 min read . 16 Jun 2024

The lack of bidders at the first lithium auction, which ended in the second half of January, was a sobering reality check. (Tarun Kumar Sahu/Mint)

No white gold rush: Why interest in Kashmir’s lithium reserves is lukewarm

10 min read . 11 Jun 2024

IOC's proposed deal is part of India’s efforts to fortify its imports of LNG. Photo: Bloomberg

Abu Dhabi's Adnoc offers India a stake in its upcoming LNG liquefaction terminal

3 min read . 05 Jun 2024

NTPC's current generating capacity stands at 76GW, of which 87% is thermal.

NTPC eyes 10GW nuclear capacity, new subsidiary

2 min read . 04 Jun 2024

In April, the trading volumes on the IGX stood at 24.8 lakh mmBtu. (Bloomberg)

Volumes of gas traded on Indian Gas Exchange surge amid demand from power plants

2 min read . 31 May 2024

The gradually increasing temperatures after February cause demand for power to soar across North India every year. (Image: Pixabay)

Can India keep up with the ebbs and flows of power demand?

4 min read . 28 May 2024

OPEC and its allies, are a group that produces 40% of the world’s crude, (Image: Piaxabay)

Opec heavyweights are cheating on their targets

4 min read . 28 May 2024

Miranda Kaiser is a great-great-granddaughter of John D. Rockefeller Sr., whose Standard Oil gave rise to Exxon Mobil. NATALIE KEYSSAR FOR THE WALL STREET JOURNAL

Inside the Rockefeller clan’s intensifying feud with Exxon

13 min read . 25 May 2024

Will we have to eat dinner in the dark again this year? (Francis Mascarenhas/ Reuters)

Power crisis: Are we in for another sizzling summer?

2 min read . 24 May 2024

The peak power demand on Saturday neared the 230 GW-mark and was at 229.5 GW. On Sunday, the demand eased somewhat to 218.4 GW. (Reuters)

Coal stock 25% higher y-o-y at 147mt, says govt as power demand surges

1 min read . 20 May 2024

Thermax managing director and chief executive Ashish Bhandari.

Thermax sees green hydrogen, chemicals as key investment areas

4 min read . 15 May 2024

Overall OPEC crude-oil production fell by 48,000 barrels a day to 26.575 million barrels a day in April, the cartel said, citing secondary sources. PHOTO: ERIC THAYER/BLOOMBERG NEWS

OPEC sticks to oil-demand view, posts fall in overall output

2 min read . 14 May 2024

Electricity prices have increased (Hindustan Times)

Power prices on exchanges rise as soaring temperatures lift demand

3 min read . 02 May 2024

Microsoft and Brookfield said the deal is almost eight times larger than any other single corporate power-purchase agreement. (AFP)

Microsoft and Brookfield sign biggest-ever clean power deal

2 min read . 01 May 2024

The projected increase in oil imports could hamper the economy by widening the current account deficit, potentially leading to higher inflation and fiscal deficits if not managed effectively.

India's oil import bill could rise to $101-104 billion in FY25, says ICRA report

3 min read . 30 Apr 2024

Renewed push for thermal electricity capacity comes after crisis-like situations in 2021 and 2022.

King Coal is going nowhere; 30 GW projects on way

3 min read . 29 Apr 2024

Energy Stocks

Adani Green Energy

₹1,807.05-1.28%

Indian Oil Corporation

₹168.95-1.3%

₹706.952.26%

₹100.350.4%

₹357.90.5%