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OIL STORAGE CAPACITY INDIA
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...- Sagar Adani urges faster electrification, energy storageAdani was speaking at the inaugural Adani Green Energy Dialogue during London Climate Action Week at the Science Museum. "Renewable energy ...
- India needs 2,000 GW new power capacity in 20 years, says Adani Green's Sagar AdaniIndia needs to add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising demand and reduce relia...
- Powering India's MSMEs: Why reliable energy must become part of manufacturing strategyIndia's MSMEs may power the country's manufacturing ambitions, but their competitiveness ultimately depends on something far more basic—rel...
- Global giants commit over $90 billion investment in India amid geopolitical uncertaintyGlobal giants are pouring over USD 90 billion into India, signaling strong confidence in its long-term growth despite global uncertainties....
- India outlines energy storage, nuclear targets at BRICS meetBRICS nations are prioritizing energy security, advocating for diverse and stable energy systems. Ministers met in New Delhi to boost coope...
- Sunsol mulls over 2 GW solar deployment through 5k projects in India by 2030Global consultancy Sunkonnect's platform, Sunsol Cleantech, aims to deploy over two gigawatts of solar capacity in India by 2030. This init...
- Crude oil prices crash 42% from April’s $126 peak. More downside coming?Global oil markets are stabilizing after months of turmoil caused by the Strait of Hormuz closure and war damage. Crude prices have plummet...
- Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
- 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...
- Rs 19,700-crore carbon capture scheme gets nodThe carbon capture, utilisation and storage (CCUS) scheme is expected to attract investments of about ₹37,500 crore and create carbon-captu...
- Reliance AGM 2026: Sun rises on RIL's green empire with a 2 lakh jobs promiseReliance’s clean energy roadmap at AGM 2026: Reliance Industries used its AGM 2026 to showcase the scale of its clean energy ambitions, wit...
- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
- India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
- India adds 4.6 GWh of energy storage capacity in first quarter of 2026: ReportIndia saw a massive surge in battery energy storage capacity in early 2026. The country added 4.6 gigawatt-hours in the first three months,...
- Adani Green to commission 14 GWh battery storage at Khavda by fiscal year-end to cut clean energy wastageAdani Green Energy is building a massive 14 gigawatt-hour battery storage system in Khavda, Gujarat. This project aims to prevent the wasta...
- India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
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