Energy

[ad_1] Any excess renewable power should be put into electricity grids rather than used to produce fuels, to help accelerate the push away from coal, he said. Clean or low-carbon fuels require mandates and subsidies to cope ⁠with higher costs relative to conventional fuels, global commodity trading house Trafigura‘s chief executive Richard Holtum said at […]

[ad_1] HPCL operates a 190,000 bpd Mumbai refinery and a 300,000 bpd Vizag refinery. Hindustan Petroleum Corp expects to begin crude ⁠processing at its 180,000 barrels per day Barmer refinery in Rajasthan by the end of the ‌month, ‌it said on Wednesday. With the commissioning of the ‌Barmer refinery, HPCL will become the second largest

[ad_1] Brent crude was trading 0.14 per cent higher at $65.33 per barrel in futures trade. The rupee rebounded marginally from its all-time low levels and gained 3 paise to close at 91.62 (provisional) against the US dollar on Thursday, on suspected RBI intervention and a positive trend in domestic equities. Forex traders said comments

[ad_1] Total expenses for the quarter rose 18.1 per cent year on year to ₹1,437.18 crore Adani Total Gas Ltd reported a 11.4 per cent year-on-year rise in consolidated profit after tax to ₹158.65 crore in Q3FY26, compared with ₹142.38 crore in the year-ago quarter, supported by steady operational performance during the period. Consolidated revenue

[ad_1] Global oil prices dipped to a one-week low as President Trump eased threats towards Greenland and Iran. Oil prices slid about 2 per cent to a one-week low on Thursday after US President Donald Trump softened threats toward Greenland ⁠and Iran, and on some positive movement that could lead to a solution to end

[ad_1] Indian Oil Officers’ Association has written to the oil minister. They are concerned about reports suggesting the abolition of three director posts. New Delhi: The Indian Oil Officers’ Association has written to oil minister Hardeep Puri, seeking his intervention to scrap any proposal to abolish three director-level posts on the company’s board, arguing that

[ad_1] ‍Indian Oil Corp buys its first Ecuadorean ⁠Oriente crude cargo Indian Oil ‍Corp, the country’s top ​refiner, has bought 7 million barrels of oil, ⁠including from Brazil’s Petrobras, for March loading to replace Russian oil, two trade sources familiar with the matter said. Indian refiners are recalibrating their strategies to ‌shift away ‌from top

[ad_1] The coalition has sought an early meeting with PNGRB and reiterated its readiness to contribute to the study process. The Indian Auto LPG Coalition (IAC) has urged the Petroleum and Natural Gas Regulatory Board (PNGRB) to include Auto LPG (Autogas) in an ongoing TERI-led study assessing vehicular fuel options in India’s energy transition. In

[ad_1] Brent crude was trading 1.03 per cent higher at $64.72 per barrel in futures trade. The rupee hit an all-time low of 92 on Friday and recovered marginally to settle at 91.88 (provisional) against the American currency, amid selling pressure from foreign funds and risk-off sentiment in global markets. Forex traders said the Indian

[ad_1] The March contract also traded higher by ₹104, or 1.91 per cent, to ₹5,555 per barrel in 3,016 lots. Crude oil prices on Friday climbed ₹114 to ₹5,554 per barrel amid strong trends in global markets. On the Multi Commodity Exchange, crude oil for February delivery increased by ₹114, or 2.1 per cent, to