In July 2026, the seven member states of OPEC+ will increase oil production by 188,000 barrels per day, which is the second consecutive month’s increase. The decision comes after a comparable one for June, as the group progressively reduces voluntary supply cuts. The nations reiterated their dedication to the Declaration of Cooperation and stressed the […]
Both nations are looking to take advantage of the shifting global oil market and improve their long-term cooperation in the hydrocarbon industry, therefore they are investigating new ways to increase bilateral energy cooperation. India is looking to diversify its crude oil sourcing strategy, and Venezuela is trying to revitalise its energy industry by seeking fresh […]
Up to one hundred E85 gasoline dispensing stations will soon be installed across major urban centers in India, including Delhi-NCR, Mumbai, Pune, and Nagpur, speeding up the adoption of ethanol-based transportation. This program is an element of the larger effort by the government to lessen reliance on traditional fossil fuels and increase the availability of […]
A scheme to promote surface coal and lignite gasification projects, with the aim of strengthening India’s energy security and reducing import dependence, has been approved by the Union Cabinet, chaired by Narendra Modi, with a budget of ₹37,500 crore. An official announcement stated that the initiative will mainly benefit coal-bearing regions, with an estimated 50,000 […]
A research by Morgan Stanley states that India has become the third-largest country in terms of installed renewable energy capacity, and that this shift is helping the country become less reliant on energy imports. According to the research, renewable energy is going to play a pivotal role in India’s plan to strengthen its economy in […]
A domestic competitive offer has been requested by NTPC Green Energy Limited, a subsidiary of NTPC Limited, to put up a Hydrogen Refuelling Station (HRS) at Kandla, Gujarat, as part of the Green Hydrogen Mobility Project. The project is being advertised as a turnkey operation, encompassing design, engineering, supply, construction, commissioning, and ten years of […]
At a tripartite meeting in Bengaluru today, Navratna Defence PSU Bharat Electronics Limited (BEL), Metamind Systems Private Limited, and Kristellar Aerospace Private Limited inked a memorandum of understanding (MoU) to collaborate on future-proof products and technologies in the fields of [BEL LICCO1] Cyber Security, Electronic Warfare & Avionics, Semiconductors, Data Centre, etc., for the benefit […]
The GAIL (India) Limited Rooftop Solar Project in Varanasi, which has a capacity of 74 kW, demonstrates the company’s dedication to renewable energy and social responsibility. Another step toward a more sustainable and energy-efficient future for the company was marked by the official inauguration of the project by Rajeev Kumar Singhal, Director (Business Development). Reliable […]
In an effort to fortify fuel infrastructure and guarantee supply continuity, the government said on Wednesday that 41 biogas cylinder filling and storage plants have been approved, with 14 facilities already having licenses issued to them. Between 25 March and 21 April, 467 applications for compressed biogas (CBG) and compressed natural gas (CNG) dispensing stations […]
India set a new record for yearly addition of wind energy capacity in FY 2025-26, with 6.1 GW built, according to Union Minister for New and Renewable Energy Pralhad Joshi, who made the announcement on Wednesday. At the Wind Independent Power Producers Association (WIPPA) foundation day ceremony, the minister brought attention to the fact that […]
