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REPORTING SUDARSHAN VARADHAN
Pakistan says rooftop solar output to exceed grid demand in some hubs next yearPakistan's solar power generation is set to surpass grid demand in key industrial areas next year. This shift, driven by a surge in rooftop...- COP30 climate talks in Brazil reach tentative deal, sources sayNegotiators at the COP30 climate talks in Brazil reached a tentative deal after overnight discussions broke a long stalemate on emission cu...
- Govt sacks SECI chairman Rameshwar Prasad Gupta with immediate effect, a month before term endsIndia abruptly removed Rameshwar Prasad Gupta, chairman of the Solar Energy Corp of India (SECI), ahead of his scheduled tenure end. This d...
- Oil prices edge higher on US crude stocks, market awaits Fed decisionCrude inventories fell by 1.6 million barrels to 417.5 million barrels in the week ending Sept. 13, the Energy Information Administration (...
- Adani Power says it is committed to supplying electricity to BangladeshAdani Power has reaffirmed its commitment to supplying electricity to Bangladesh despite recent changes in India’s power export rules. The ...
- Oil settles 1% lower as Mideast ceasefire talks ease supply disruption concernsThe head of Israel's Mossad has returned from Doha after an initial meeting with mediators trying to reach a Gaza ceasefire and hostage rel...
- Oil benchmark Brent nears $86 on heightened supply concernsBrent near $86 due to Russia-Ukraine tension. U.S. crude at $81.09. Both benchmarks up 11% and 12.5%. OPEC+ extends supply curbs. Global co...
- Oil prices dip, but set to end week over 3% higherOil prices edged lower on Friday but were on track to gain over 3% for the week, boosted by the International Energy Agency raising its 202...
- India extends mandate for utilities to import 6% of coal needs until JuneThe Indian government has extended the mandate for power producers to import 6% of their coal requirements until June, due to transport con...
- Oil steadies after expected OPEC+ cut extensionOil prices remain stable as OPEC+ extends output cuts. Brent futures reach $83.74 a barrel, while WTI rises to $80.03. Brent spreads widen ...
- Oil gains for third straight week on tight supply, China optimismSupply concerns continue to be a driving force for prices since Saudi Arabia and Russia this month announced an extension of their combined...
- Oil prices down after jobs data, but on course for weekly gainOil prices dipped slightly as concerns over further interest rate hikes continue, despite US oil inventories falling more than expected. Br...
- Oil falls as economic fears outweigh OPEC+ cuts, US stock drawBrent crude futures fell 49 cents, or 0.6%, to $84.45 a barrel by 10:58 a.m. EDT (1558 GMT). West Texas Intermediate U.S. crude fell 58 cen...
- Oil slips as dollar firms, Russia pipeline halt limits slideThe dollar hovered near a seven-week peak on Monday after a slew of strong U.S. economic data reinforced the view that the Federal Reserve ...
- Brent oil slips as growth fears offset China demand hopesThe market rallied, with Brent briefly turning positive, after better than expected business activity surveys in Europe and the UK pointed ...
- Oil heads for weekly loss on rate hike worries, ample supplyTwo Fed officials on Thursday warned additional hikes in borrowing costs are essential to lower inflation to desired levels. Heightened rat...
- Adani Total expects to receive 2.2 mln T at Dhamra LNG terminal in FY24Adani Total has a 20-year take-or-pay contract to provide regasification services to state-run Indian Oil Corp for 3 million tonnes of LNG ...
- India expects private coal mines to produce at least 350 mln tonnes by 2030India, the world's second largest coal consumer behind China, opened up coal mining to the private sector companies, such as Adani Enterpri...
- India files complaint against ABG Shipyard alleging $3 bn bank fraudAccording to figures from the forensic audit that were included in the CBI complaint, the company owed Rs 70.89 billion to ICICI Bank, Rs 3...
- India to keep buying Iranian oil despite US sanctions: SourcesThe United States plans to impose new sanctions targeting Iran's oil sector on Nov. 4.
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