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GLOBAL ENERGY TRANSITION
Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concernsOil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
Iranian President Pezeshkian says unilateral sanctions directly impacting global food security, people's welfareIranian President Masoud Pezeshkian urged BRICS nations to expand trade using national currencies. He advocated for an inclusive global eco...
India's Essar's EET Retail to acquire UK forecourt operator SGN for 400 mn poundsEssar Energy Transition's retail arm is acquiring SGN Retail for approximately 400 million pounds. This deal adds 118 sites, creating a 235...
Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
After missteps, Thermax puts energy back on growth path: Ashish Bhandari, MD & CEOWe reorganised the company around industrial products, which are product-related businesses; industrial infra, which is project-related; gr...
Oman hails India's BRICS consensus-building, says it is 'nothing new' for New DelhiOman praised India for successfully steering the BRICS grouping towards a joint declaration. New Delhi demonstrated its ability to bring mu...
Fresh strike on vessel in Hormuz, Houthi takeover of Bab el-Mandeb Strait sees West Asia simmer as BRICS calls for peaceA vessel was struck by an unknown projectile while transiting the Strait of Hormuz. Yemen's Houthis seized a key Red Sea port and struck Sa...
BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
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...
BRICS must adopt transparent trade and investment practices to counter global market volatility, says Jaishankar at Business ForumExternal affairs minister S Jaishankar urged BRICS to adopt transparent trade practices. He highlighted geopolitical upheavals and supply c...
India, Kazakhstan to firm up practical areas of economic cooperation during President Tokayev’s visit for BRICS SummitAs part of the visit for the Summit, President of Kazakhstan Kassym-Jomart Tokayev is scheduled to hold a bilateral meeting with Prime Mini...
US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- Global cleantech investment fell in first half on slowing China momentum
Global investment in clean technologies fell 17% to $770 billion in the first half of 2026, as a slowdown in China outweighed growth in som...
BRICS Climate Agenda: Focus on Global South as India pushes for sustainable futureIndia's BRICS presidency prioritizes climate action and energy transition for developing nations. Discussions will cover critical minerals ...
Brookfield's ₹2500 crore Bikaner renewable energy portfolio acquisition: Inox Clean Energy, Purvah Green Power lead raceInox Clean Energy and Purvah Green Power are leading contenders for Brookfield's Bikaner renewable energy portfolio. This 550 MW asset, sup...
Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...