Bharat Petroleum Corporation Ltd is considering establishing a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh to meet India’s growing energy demands. The company is evaluating
Continue readingBPCL eyes new refinery-cum-petrochemical complex in Andhra
India’s crude oil imports fell 8.7% in July to 18.56 million tons—the lowest since February 2024—while fuel demand also dropped 4.3%. Year-on-year, crude imports declined 4.3% and product imports 12.8%.
Continue readingIndia's crude oil imports drop to near 18-month low in July
India’s renewable energy sector is rapidly expanding, exceeding expectations for 2030 green goals, driven by solar and wind power growth. Executives highlighted skill gaps and payment risks as challenges, while
India’s Ambassador to Russia, Vinay Kumar, has criticized the US decision to increase tariffs on Indian imports due to New Delhi’s purchase of Russian oil, deeming it unfair. India will
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
Continue readingBPCL outperforms rival PSUs in Q1, records industry-best per-pump sales
Sanctions imposed by the EU and the US are affecting Nayara Energy’s EPC work, leading Technip Energies and PT Timas Suplindo to withdraw from tenders. This is due to Rosneft’s
Continue readingUS, EU sanctions hit Nayara Energy's EPC operations
Prime Minister Modi is set to visit Gujarat on August 25 and 26 to inaugurate and lay the foundation for development projects in power distribution and revenue services. These initiatives,
Continue readingPM Modi to inaugurate power distribution projects worth Rs 1,122 crore in Gujarat
External Affairs Minister S Jaishankar defended India’s energy ties with Russia, asserting that oil purchases serve both national and global interests by stabilizing prices. He emphasized India’s independent decision-making amid
Narendra Modi launched the first unit of SJVN’s thermal power project in Bihar. The Buxar Thermal Power Project has an investment of Rs 13,756.56 crore. The project will generate 9,828.72
Continue readingPM Modi inaugurates SJVN's Rs 13,756 cr-Buxar Thermal plant's unit
India’s peak power demand may not reach the projected 277 GW this summer. Intermittent rains have reduced the need for cooling appliances. Ghanshyam Prasad of the Central Electricity Authority shared