IKEA to help suppliers transit to 100% renewable power
Swedish home furnishing retailing major IKEA on Thursday said it will launch a programme in India, Poland and China this year, helping suppliers there transit to…
India
The latest India news, analysis and data from India and across Asia, reported by Energy Asia.
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30% production increase likely through new coal projects
Coal producers are actively pursuing 2.2 billion tonnes per annum of new mine projects around the world, a growth of 30% from current production levels
ADB, India’s $2.5M support towards Sikkim road upgradation
Asian Development Bank and the Government of India today signed a $2.5 million project readiness financing (PRF) loan to support project preparation and design activities to…
Brent crude above $71/bbl amid tightening market
Crude oil prices surged on Wednesday with the Brent crude trading above the $71 per barrel after OPEC projected demand improvement and tightening of the market.
Coal shipped to other countries produce more emissions
Coal shipped overseas was responsible for a tenth of global annual energy-related CO2 emissions in 2020. Coal exported in 2020 had the potential to produce 3.1…
Africa’s share in India’s oil imports at 7-month high
Africa's share in India's oil imports surged to a seven-month high in April as refiners boosted purchases from small regional players such as Ghana and Congo…
Relentless efforts to control fire onboard MV X-Press Pearl
Indian Coast Guard (ICG) is working tirelessly to extinguish the massive fire onboard container vessel MV X-Press Pearl off Colombo, Sri Lanka.
Fire-fighting operations by ICG continue unabated
Continuing the firefighting efforts to douse the fire onboard MV X-Press Pearl off Colombo, Indian Coast Guard (ICG) ships Vaibhav and Vajra are incessantly spraying foam…
Sri Lanka fears oil spill from burning MV X-Press Pearl
Sri Lankan authorities fear a possible oil spill from a Singaporean container ship on fire off the country's western coast as the upper deck of the…
India’s gas output rises 23% as RIL-BP fields start production
India's natural gas production jumped 22.7% in April after Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
Indian refiners set to make room for Iranian oil
Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing spot crude oil purchases in the…
Petrol, diesel prices increase again after day’s pause
Under the new found preference for revising fuel prices every alternate day, the Oil and marketing companies (OMCs) raised the pump prices of petrol and diesel…
Cairn looks to seize Air India assets to recover $1.7 bn
UK's Cairn Energy Plc has brought a lawsuit in the US court that potentially can lead to seizing of Air India's overseas assets such as airplanes…
ADB commits record $3.92 billion loan to India for 13 projects
The Asian Development Bank has committed a record USD 3.92 billion in sovereign loans for 13 projects to India in 2020
8,300 people can die in India due to coal plant pollution
Air pollution from planned new coal plants built by companies in which HSBC holds ownership stakes will cause an estimated 18,700 global deaths, close to half…
Cairn Oil starts production from tight oil project in Rajasthan
Cairn Oil & Gas, Vedanta Limited, India's largest private oil and gas exploration and production company, has achieved a significant milestone by starting production from its…
India’s fuel sales drop 9.4% in April on COVID wave
India's fuel demand slumped 9.4% in April when compared to the preceding month as lockdowns clamped in several states to curb the second wave of coronavirus…
FuelBuddy acquires fuel delivery startup MyPetrolPump
App-based fuel delivery platform FuelBuddy has acquired Bengaluru-based on-demand fuel delivery startup MyPetrolPump, which will provide it access to new geographies and customers.
India to play a big part in reaching climate goals
Global efforts to arrest climate change and keep Earth liveable will fail without a jumbo-sized effort from India to halt emissions growth that could wipe out…
India’s power consumption grows nearly 45% in April
Power consumption in the country grew nearly 45% in the first half of April to 60.62 billion units (BU) over the corresponding period a year ago
Coal-fired power plant development to remain growth driver
Coal-fired power plants will be the primary driver of infrastructure investment in India's power sector over the next decade
India’s fuel consumption contracts 9.1% in FY21
India's fuel demand contracted by a massive 9.1% in the financial year ended March 31, the first in more than two decades
Sri Lanka seeks $ 17M from Greek ship owner over oil spill
Sri Lanka on Friday lodged a claim for $17.38 million with the Greek owners of an oil tanker that caught fire and left a spill stretching…
India announcing net-zero target not absolute requirement
US Special Presidential Envoy for Climate John Kerry said it will be great if India announces a net-zero emission target but "that's not an absolute requirement"…
RK Singh meets John Kerry, discusses energy transition
Minister of State for Power and New and Renewable Energy, RK Singh met US Special Presidential Envoy for Climate, John Kerry, wherein he discussed India's progress…