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OIL STORAGE CAPACITY EXPANSION
India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- Adani Green shares tumble 5% after Q1 results. Here’s why Bernstein has an Underperform ratingAdani Green Energy shares fell on Thursday despite reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% year-on-...
- JSW Infrastructure eyes 127 MT cargo in FY27 even as Fujairah terminal disruption continuesJSW Infrastructure anticipates handling 127 million tonnes of cargo this fiscal year. Operations at its Fujairah liquid terminal are gradua...
- Adani Green Q1 Results: Profit jumps 19% YoY to Rs 845 crore; revenue up 16%Adani Green Q1 Results: Adani Green reported a 19% year-on-year profit increase in the first quarter. Revenue from operations grew sixteen ...
- Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demandEdible oil prices are expected to stay elevated for several months ahead. Geopolitical tensions and El Nino threats are tightening global s...
- Who is Uday Ruddarraju? Indian-origin techie who left Elon Musk’s xAI to power OpenAI’s next big pushUday Ruddarraju (Google Trends): Uday Ruddarraju now leads OpenAI's compute infrastructure as Chief Technology Officer. He previously worke...
- Chinese scientists turn diamonds into futuristic data vaults that could preserve information for 100 trillion years with over 99% accuracyResearchers developed diamond storage technology using atomic defects. This system offers immense storage capacity and extreme durability f...
- Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
- SBI Capital Markets, HDFC Bank among 4 book runners appointed for NLC India Renewables IPONLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to ...
- Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
- India's energy storage capacity expected to rise more than tenfold by FY2035-36: MoSPIIndia's energy storage requirement is projected to increase more than tenfold over the next decade, rising from 87 GWh in 2027-28 to 888 GW...
- Actis, IndiGrid, Inox among companies in talks for Brookfield's renewable energy assetSeveral companies are discussing acquiring Brookfield's 550 MW renewable energy portfolio. This Bikaner-based clean power asset is valued a...
- AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price riskThe unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid s...
- Vedanta AGM: Anil Agarwal maps aggressive expansion after demerger, targets scale-up across metals, oil and powerVedanta plans major expansion across its demerged businesses, targeting higher production in metals, oil, gas, steel and power. Chairman An...
- Vedanta charts $5 billion oil & gas push, targets sharp capacity expansion across businessesVedanta plans to significantly increase zinc and lead production capacity by 2031. Aluminium production capacity will double over the next ...
- ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
- Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...
- Data centres, AI & EVs to drive peak power demand to 300 GW in '27: Electricity MinisterIndia's peak power demand is projected to reach 300 GW next year. This surge is driven by expanding data centers, artificial intelligence, ...
- India's peak power demand set to hit 300 GW next year: Manohar LalSpeaking at the 12th India Energy Storage Week (IESW) 2026 in the national capital, the minister highlighted that according to estimates, I...
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