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INDIA OIL STORAGE EXPANSION
Amazon Data Services, L&T ink over 17-year lease for 4-acre land in Mumbai’s PowaiAmazon Data Services India has significantly expanded its data centre footprint in Mumbai's Powai, leasing an additional four acres from La...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
India's solar sector a big opportunity, could become exporter to Europe: Renewables Norway CEOIndia's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solh...
India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....
Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestoneAdani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development....
India weighs 30-day LPG stockpile as BPCL leads storage expansion amid energy security pushIndia is boosting its LPG reserves to a 30-day supply, a strategic move prompted by the Iran war highlighting supply route vulnerabilities....
Solaryaan expects to double revenue to over Rs 400 cr in FY27; to invest Rs 150 cr in battery facilityMumbai-based Solaryaan anticipates doubling its revenue to over Rs 400 crore this fiscal year, fueled by an expanded product range and a st...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
India Inc's green transition triggers hiring surgeAs organisations step up their sustainability efforts, demand is also growing for senior leadership talent, including business heads for re...
Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
Iran-U.S. war erupts again: Donald Trump threatens to wipe out Iran, America strikes at missile, drone storage facilities, coastal posts, claim IRGCIran-U.S. confrontation over Stratit of Hormuz and other issues continue to escalate as President Donald threatened to wipe out Iran.
Apple just raised Mac and iPad prices in India: MacBook Pro now starts at Rs 2.39 lakh, see all the new prices hereApple's revised pricing for India is now in effect, making Macs and iPads more expensive across the lineup. The company says rising RAM and...
UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
NLC India, Indian Oil Corporation partner up for large-scale green energy projectsState-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing l...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...