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ENERGY DEMAND
Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansionJefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler...
India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leadsIndia's tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top ...
Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
Elon Musk says AI is hitting an energy wall—his 5-word solution changes everythingElon Musk highlighted artificial intelligence efficiency, focusing on intelligence per joule. This metric addresses the growing energy dema...
L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
Octopus Energy pays UK households nearly £100m for spare solar power as heatwaves drive 34% surge in solar installation demandUK households have made nearly one hundred million pounds from selling solar power, as Octopus Energy customers have reported collective ea...
Zinc Rally: What's drivingprices to record highs and what lies ahead?Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpil...
Ola Electric looks beyond scooters, unveils new products in Shakti portfolioOla Electric is expanding its battery business into energy storage solutions. The company unveiled a three-tier Shakti portfolio for variou...
Walking on sand burns up to 2.5 times more energy than pavement, turning an easy 30-minute barefoot beach stroll into a surprisingly intense workoutA 1998 study found that walking on dry sand can require up to 2.5 times more metabolic energy than walking on a firm surface. But there is ...
India's energy markets to drive demand for exchange-traded instruments; sophisticated hedging to gain value: ReportThe ongoing energy transition in India is poised to boost the use of exchange-traded instruments significantly. As the coal and electricity...
Coal demand to touch 1.6 bn tonnes by 2030; need transparent, market-driven pricing: OfficialIndia's coal consumption is set to hit 1.6 billion tonnes by 2030, prompting the need for clear market-oriented pricing strategies. Establi...
In 2023, Wyoming proposed a 972-megawatt renewable-energy battery beneath its mountains, with water pumped to a reservoir 1,000 feet higher. 3 years later, the project reached final federal environmental review, bringing the giant water battery closerWyoming is proposing a 972-megawatt pumped-storage energy project at Seminoe Reservoir that would use water as a giant rechargeable battery...
Bangladesh orders malls and markets to shut by 8 pm as it faces 12-hour power cutsBangladesh has enforced earlier closing times for businesses to save electricity. Severe gas shortages are significantly impacting the nati...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
India fuels global growth in planned coal mining capacity, report saysIndia nearly doubled its planned coal mining capacity in 2025 to 638 million metric tons per annum, driving almost all of the global increa...
India's power demand seen rising 6.5-7.5% this fiscal as hotter, drier weather boosts cooling needs: CrisilIndia's power demand is estimated to rise 6.5-7.5 per cent year-on-year this fiscal to 1,825-1,835 billion units (BU), driven mainly by hig...
Amazon’s Texas AI data center faces a huge climate problem: 7.65GW gas plant could become America’s biggest source of CO₂ emissions in the US as tech giant races to power the AI boomAmazon’s massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could ...
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
India's peak power demand rises 12% in April-June, evening supply gap widens to 3,045 MW: GovtIndia's peak electricity demand rose 12 per cent from April to June over the same period last year. An all-time high of 270.8 gigawatts was...
India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...