Energy

Coal imports for power blending plunge 54% in April–December, ETEnergyworld

[ad_1] Coal imports for India’s power sector blending have significantly decreased. This development offers relief to domestic power plants facing high input costs. Coal imports for blending in India’s power sector dropped to 54 per cent in the first nine months of the current fiscal year compared to the previous year, a development that promises […]

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India will diversify energy supplies after deal with US on Russia oil imports, ETEnergyworld

[ad_1] India plans to diversify its energy sources to ensure citizen security amidst global shifts. Trade Minister Piyush Goyal announced this strategy. India will diversify its energy sources as a strategy ⁠amid changing global circumstances and ensure energy security for its citizens, Trade Minister Piyush Goyal said on Wednesday, days after the ‌US ‌said New

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Indian Rupee Declines 11 Paise Against US Dollar Amid Trade Deal Uncertainty, ETEnergyworld

[ad_1] The Indian Rupee saw a dip of 11 paise, settling at 90.43 against the US dollar. The rupee depreciated 11 paise to 90.43 (provisional) against the US dollar on Wednesday, after a sharp rally in the previous trading session following India-US trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders

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US refiners struggle to absorb sudden surge in Venezuelan oil imports, ETEnergyworld

[ad_1] US Gulf Coast refiners are struggling to absorb a surge in Venezuelan crude shipments following a recent supply deal, leading to unsold volumes and price pressure. Oil refiners on the US Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments since last month’s flagship $2 billion supply deal between ⁠Caracas

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Revenue drops 25% YoY; Coal India arm slips into losses to ₹23 crore, ETEnergyworld

[ad_1] The Coal India subsidiary reported a 25 per cent drop in its Q3FY26 revenue at ₹2,783 crore compared to ₹3,688 crore in the year ago period. Bharat Coking Coal Limited (BCCL) on Tuesday reported a standalone net loss of ₹23 crore in the quarter ended December 31, 2025 versus a net profit of ₹425

Revenue drops 25% YoY; Coal India arm slips into losses to ₹23 crore, ETEnergyworld Read More »

India could cut fuel import bill by $3 billion by switching to Venezuelan crude: SBI Report, ETEnergyworld

[ad_1] India could save up to $3 billion annually on its crude oil import bill by shifting some sourcing from Russia to Venezuelan heavy crude. India’s crude oil import bill could decline by up to $3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according

India could cut fuel import bill by $3 billion by switching to Venezuelan crude: SBI Report, ETEnergyworld Read More »

Steeper discounts on Russian oil test India’s response to US trade deal, ETEnergyworld

[ad_1] Indian refiners are seeing larger discounts on Russian oil. This comes as a trade deal with the US requires India to reduce its purchases of Russian crude. Discounts on Russian oil being offered to Indian refiners have widened over the past 10 days, raising the question of whether processors will be encouraged to snap

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Rajasthan State Gas Ltd Ventures into LNG, Electric Vehicles, and CBG, ETEnergyworld

[ad_1] Jaipur, State government joint venture Rajasthan State Gas Ltd has started exploring opportunities in liquefied natural gas, electric vehicles and compressed biogas (CBG). Jaipur, State government joint venture Rajasthan State Gas Ltd has started exploring opportunities in liquefied natural gas, electric vehicles and compressed biogas (CBG), officials said on Tuesday. Principal Secretary (Mines) and

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India committed to no longer purchasing Russian oil, $500 billion of investments into US: White House, ETEnergyworld

[ad_1] India will cease buying Russian oil. Prime Minister Narendra Modi agreed to invest ₹500 billion in American sectors. The White House has hailed a new trade agreement with India, saying the country has committed to “no longer” purchasing Russian oil, with Prime Minister Narendra Modi also agreeing on investments of $500 billion across key

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Kremlin Denies India Halt on Russian Oil Purchases Amid US Claims, ETEnergyworld

[ad_1] Russia has not received any official word from India regarding a halt in Russian oil purchases. Russia has not heard any statements from India about stopping Russian oil purchases, Kremlin spokesman Dmitry Peskov said on Tuesday. His comments came a day after US President Donald Trump claimed that Prime Minister Narendra Modi has “agreed

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