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FOSSIL FUEL DEALS
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...- Two old dudes hydrocarbonding: Listening in on a 15-mn-year-old chitchat about why Modern Civilisation is up for a crude awakeningAn ancient algae-zooplankton discusses its future transformation into fossil fuels. This will power a future 'Modern Civilisation' driven b...
- Ensure self-reliance, reduce chemical product imports: Secy Tejveer Singh to industryHe highlighted the need for a strategic roadmap and announced a new scheme to strengthen domestic manufacturing, including three proposed c...
- Energy bills dropping? Americans to see automatic cuts under new May rule — hidden detailsElectricity bills are going down for some people in Connecticut from May 2026. The new rule will give automatic monthly savings on power bi...
- Trump gives go-ahead to major new Canada-US oil pipelinePresident Trump has approved the Bridger Pipeline Expansion, a major oil pipeline project that will transport oil from Canada into the U.S....
- Oil price shock from West Asia conflict accelerating shift to renewables: UNFossil fuel advocates have unwillingly given a boost to renewable energy as the war in the Middle East has triggered an oil price shock, UN...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- The simple yet powerful plan India could follow to ward off impacts of Iran-like disastersIran war: As geopolitical tensions continue with the looming threat of a restart of the conflict in Iran, India finds itself at a crossroad...
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
- Asia relying on US crude to replace Middle East supplyAsian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South...
- ‘America’s petro-imperialism in Iran has already hiked US fuel cost by $20 billion’Jeff D. Colgan highlights the economic toll of the Iran war on American households. He explains how US military actions against oil-produci...
- MEA briefs parliamentary panel on situation in IranDescribing the interaction as wide-ranging, Shashi Tharoor said the members of the panel used the opportunity to press the government on cr...
- Iran war exposes cost of Asia's fossil fuel relianceThe latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply d...
- Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
- Karnataka government ignores protests, notifies lifetime tax on EVs, spares two-wheelersKarnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an...
- Oil will fall back to $70–80, Sunil Singhania sees a buying opportunity in the chaosHigh crude oil prices and global tensions are creating market volatility. However, fund manager Sunil Singhania sees this as a buying oppor...
- Dubai deal hailed as 'beginning of end' for fossil fuels"You did step up, you showed flexibility, you put common interest ahead of self-interest," said COP28 president Sultan Al Jaber, whose role...
- Climate campaigners slam OPEC bid to thwart oil phase-outIn the letter sent Wednesday, Ghais said it "seems that the undue and disproportionate pressure against fossil fuels may reach a tipping po...
- Climate campaigners slam OPEC bid to thwart oil phase-outOPEC faced criticism from activists and the High Ambition Coalition after urging its members to oppose a fossil fuel phase-out at the COP28...
- World divided at COP28 over whether to end fossil fuel eraBurning fossil fuels for energy is by far the biggest cause of climate change. It is also the engine of modern life - even with the growth ...
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