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ENERGY MARKETS
Oil prices slide about 2% as US, Iran explore path out of warOil prices have dropped roughly 2%, influenced by signs of diplomatic advancement between the US and Iran concerning the Strait of Hormuz. ...
CleanMax Enviro block deal: Augment India Holdings likely to divest 85 lakh shares worth Rs 1,063 croreAugment India Holdings may sell 85 lakh Clean Max Enviro Energy Solutions shares, representing a 7.25% stake, through a Rs 1,062.8 crore bl...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Global Market: BoE officials signal growing openness to rate hike as energy costs stay highBank of England policymakers are signalling greater openness to a rate hike as elevated energy prices threaten to keep inflation above targ...
Jefferies’ Chris Wood calls energy India’s best structural growth story; names Hitachi Energy as picks-and-shovels playChristopher Wood, the global head of equity strategy at Jefferies, identifies India's energy sector as a promising arena for growth, driven...
Integrum Energy Infrastructure files papers with Sebi to raise funds via IPOIntegrum Energy Infrastructure has launched its initial public offering (IPO) to secure funds for diverse operational enhancements. The fir...
Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay highBank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broade...
Global Market: European shares edge lower as Middle East tensions, US-China talks in focusEuropean shares fell amid investor caution as tensions in the Middle East affecting energy markets persisted. Oil prices remained above $10...
India must reduce oil & gas dependence, shift to renewables: Power Secy Pankaj AgarwalPankaj Agarwal emphasized the need for India to shift from oil and gas towards renewable energy. He noted recent events have highlighted th...
Oil minister Hardeep Puri calls for deeper India-OPEC energy tiesIndia and OPEC have called for closer cooperation to support a stable and predictable global energy market, with oil minister Hardeep Puri ...
Solex Energy targets over Rs 4,500 cr revenue by FY28, bets on solar expansionSolex Energy is targeting revenue of over ₹4,500 crore by FY28 as it expands beyond solar modules into solar cells and battery energy stora...
Global Market: European shares muted at open as investors track US-Iran talks, oil gainsEuropean shares opened largely flat on Tuesday as investors remained cautious over potential US-Iran talks and developments around the Stra...
Macron says France, US to 'act together' to ease energy market tensions, protect Strait of HormuzFrench President Emmanuel Macron said France and the US have agreed to work together to ease energy-market tensions, protect critical infra...
Macron, Carney to hold talks on strengthening Canada-France economic, defence tiesFrance’s Emmanuel Macron and Canada’s Mark Carney will meet in Saint-Pierre-et-Miquelon to deepen economic and security ties as Ottawa seek...
India discusses US Sanctioning Russia and Iran Act implications on bilateral ties and energy marketsIndia has discussed the US sanctions act's potential implications with America. The Indian government stated bilateral relations may be adv...
India warns that Washington's Russia sanctions bill holds implications for bilateral ties, energy marketIndia has warned that a US sanctions bill on Russia carries potential implications for its ties with Washington. The proposed legislation c...
BRICS backs diversified energy mix, says fossil fuels remain important for EMDEsBRICS nations advocate for stronger energy security through diverse sources and stable markets. They acknowledge fossil fuels' continued im...