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Petroleum minister Puri talks to Opec about ensuring balance and predictable global oil market

New Delhi, July 10 -- Union petroleum and natural gas minister Hardeep Singh Puri has spoken to Haitham Al Ghais, the secretary general of Opec, on ways to ensure that oil markets remain balanced and ... Read More


Centre grants tax benefits to Ireda bonds

New Delhi, July 10 -- The finance ministry has notified bonds issued by Indian Renewable Energy Development Agency Ltd (Ireda) as 'long-term specified asset' under section 54EC of the Income-tax Act, ... Read More


India eyes Norwegian expertise in carbon storage for energy transition

New Delhi, July 7 -- India is looking at Norwegian expertise in energy and transition-related technologies, including carbon capture and storage, as the country seeks to upgrade its capabilities to me... Read More


Oil prices fall 1% as OPEC+ announces increase in output

New Delhi, July 7 -- Oil prices fell on Monday after OPEC+ announced a larger-than-expected hike in crude production starting next month, signalling ample supply amid subdued global demand. Around 7:... Read More


IOC to set up green hydrogen network

New Delhi, July 4 -- Indian Oil Corp. (IOC), the country's largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing pu... Read More


Indian Oil Corp draws up green hydrogen fuel retail network plan

New Delhi, July 3 -- Indian Oil Corp. (IOC), the country's largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing pu... Read More


Indian Oil draws up green hydrogen fuel retail network plan

New Delhi, July 3 -- Indian Oil Corp. (IOC), the country's largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing pu... Read More


ReNew promoters, Masdar revise offer to take it private

New Delhi, July 3 -- The consortium of promoters of ReNew Energy Global has revised its offer to take the Nasdaq-listed renewable energy company private. The consortium on Thursday increased its offe... Read More


Oil prices fall nearly 1% on US demand concerns

New Delhi, July 3 -- International crude oil prices dropped Thursday morning due to weakening demand indicators from the US, reversing gains from the previous session, experts said. Crude oil invento... Read More


Renewable, nuclear energy additions boost India's power capacity growth in April-May

New Delhi, July 3 -- India's power sector added a net capacity of about 6.9 GW in April and May, most of it in the renewable energy space. Data from the Central Electricity Authority showed 6.45 GW o... Read More