Energy

Reliance stays away from Russian oil, public sector firms lap it up, ETEnergyworld

[ad_1] India’s Russian crude oil imports saw a slight dip in early January, with Reliance Industries halting purchases while state-run refiners like IOC and BPCL increased their intake due to attractive discounts. Reliance Industries Ltd, India’s biggest buyer of Russian crude oil, has not bought any barrels from Kremlin in January so far while state-run […]

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India’s LNG buyers stall deals as they await record supply wave, ETEnergyworld

[ad_1] Indian LNG importers are delaying long-term deals, seeking lower prices as a surge in global supply is anticipated. India’s liquefied natural gas importers are holding up some deals spanning decades as they push to lock in cheaper prices, hoping that a surge in supply will tilt negotiations in their favor. Major buyers including Gail

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Bharat Coking Coal IPO GMP shows 54% listing pop, ETEnergyworld

[ad_1] Bharat Coking Coal Ltd’s IPO has garnered strong grey market interest ahead of its Monday listing, indicating a potential 54% listing gain. The grey market is flashing loud signals ahead of Bharat Coking Coal Ltd’s stock-market debut, with the IPO commanding a premium that points to a potential 54 per cent listing gain even

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A Pivotal Moment for Energy Reforms Amid Geopolitical Uncertainty, ETEnergyworld

[ad_1] As India Energy Week opens in Goa, India is in a favourable energy position with ample oil supply, easing prices, and a coming LNG supply boom. As India Energy Week (IEW) opens in Goa tomorrow, the country is in a rare energy sweet spot: oil supplies are ample, prices are affordable with downside risks,

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Oil Prices Surge as US-Iran Tensions Escalate, ETEnergyworld

[ad_1] Oil prices extended gains as US-Iran tensions kept investors on edge, despite Kazakhstan’s main export pipeline resuming full operations. Oil prices extended gains on Monday after ‍climbing more than 2 per cent in the previous session, as tensions between the US ⁠and Iran kept investors on edge even after Kazakhstan’s main export pipeline resumed

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CCL resumes coal mining at Rajhara colliery after 16 years, ETEnergyworld

[ad_1] Union Minister Satish Chandra Dubey inaugurated the resumption of operations at the mine, which had been closed since 2010. Palamu (Jharkhand): Coal mining operations resumed at Central Coalfields Limited’s (CCL) Rajhara colliery in Jharkhand’s Palamu district on Saturday after remaining shut for nearly 16 years, reported news agency PTI. Union Minister Satish Chandra Dubey

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China’s rare-earth exports fall in December, ETEnergyworld

[ad_1] China’s rare-earth product exports saw a slight dip in December, falling to 6,745 tons from 6,958 tons in November. China’s rare-earth product exports declined in December compared with the previous month, as investors monitor heightened tensions between Beijing and Japan that could trigger tighter shipment curbs. Outbound flows of the materials – used in

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Bharat Coking Coal makes bumper debut, lists at nearly twice IPO price, ETEnergyworld

[ad_1] The IPO marked the first major public issue on the mainboard in 2026. Shares of Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, made a strong debut on the stock exchanges on Monday, listing at a premium of 96.5 per cent over the issue price. On the BSE, the stock opened at

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Nalco Ventures into Rare Earths and Critical Minerals Amid Import-Dependency Challenges, ETEnergyworld

[ad_1] REEs are important for magnets in wind turbines, EV motors and missile guidance systems. State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National

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Rajasthan’s Coal Power Needs Surge Despite Renewable Energy Push, ETEnergyworld

[ad_1] The Rajasthan power utility had asked the regulator ‍to review its ⁠decision Rajasthan will need 4,400 megawatts of ‍new coal-fired power capacity by 2036 to meet rising electricity demand despite India’s top ⁠renewable energy-producing state adding more clean energy as it retires some ageing thermal plants, according to a government document. The Central Electricity

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