US Energy Secretary Chris Wright confirmed that the US military is facilitating 7 million barrels of oil per day through the Persian Gulf, a significantly higher volume than market expectations. Following this update, Brent crude prices...
Read More
The Indian government has partially reversed royalty benefits on crude oil production, effective May 2026. This policy change impacts Oil India more significantly, with an estimated 4-5% hit to operating profit, compared to a milder 1% i...
Read More
Power Grid Corporation of India has secured a transmission project for green hydrogen initiatives in Kakinada, Andhra Pradesh. This win signals the company's continued push into renewable energy infrastructure.
Read More
JSW Energy has successfully commissioned its 150 MW Tidong hydroelectric project in Himachal Pradesh, completing the work ahead of the October 2026 deadline. This addition increases the company's total operational capacity to 13,900 MW....
Read More
Oil India shares are facing pressure after the government reversed a recent royalty relief on onshore fields, increasing the rate to 16.67% from 12.5%. This change, effective from May 11, 2026, has prompted analysts to warn of a potentia...
Read More
Brokerage firm Macquarie has highlighted NTPC and Power Grid as key players in India’s power sector. The outlook is driven by an estimated $51 billion investment in transmission infrastructure by 2035 and rising electricity demand. While...
Read More
Oil India has confirmed a natural gas discovery in the Andaman Basin, while Thailand's Land Bridge project aims to reshape maritime trade. As India accelerates its deepwater exploration under OALP Round X, investors are watching the stra...
Read More
Tata Power is focusing 62% of its capital spending on grid modernization and clean energy solutions. This strategy aims to meet the massive electricity demand driven by AI and data centers in India. The company reported a steady performa...
Read More
Morgan Stanley has downgraded Oil India Limited to 'underweight', citing production growth concerns and potential margin pressures. Shares fell significantly following the report as investors weighed the brokerage's cautious outlook agai...
Read More
Global brokerage Macquarie has turned bullish on India’s power sector, citing a major shift driven by record energy demand and large-scale infrastructure expansion. The firm highlights NTPC and JSW Energy as top picks as the sector moves...
Read More
Motilal Oswal has projected a potential 31% upside for Mahanagar Gas (MGL), citing improvements in domestic and industrial gas segments. Despite a sluggish performance in the stock over the past year, the firm points to resolving executi...
Read More
The government has implemented a 90-day ban on bulk fuel purchases by industrial and commercial consumers at retail petrol pumps. This directive targets the abnormal demand shift caused by a significant price gap between retail and bulk...
Read More
The government has restricted commercial and institutional buyers from purchasing petrol and diesel at retail fuel pumps for 90 days. This move aims to curb arbitrage where industrial users exploited cheaper retail prices, easing the str...
Read More
India has launched a ₹37,500 crore incentive scheme to boost surface coal gasification. Aiming to reduce import dependence on essential industrial chemicals like urea and ammonia, this move shifts the focus from simple coal burning to va...
Read More
The government has clarified excise duty exemptions for E22-E30 fuel blends to prevent double taxation. This move supports oil companies and aims to keep the 30% ethanol blending target on track without changing base petrol duties.
Read More
Bengaluru-based Exponent Energy has secured ₹200 crore to expand its rapid-charging network for commercial electric vehicles. The funding, led by 360 ONE Asset and TDK Ventures, marks a strategic shift for the startup from research-inten...
Read More
NLC India has signed an agreement with CSIR-CECRI to research extracting rare earth elements and critical minerals from its Neyveli mining waste. While this strategic move aligns with India's National Critical Mineral Mission, investors...
Read More
Oil India Ltd. has partnered with Canada’s Petroleum Technology Research Centre (PTRC) to focus on carbon capture, geothermal energy, and advanced subsurface technologies. This strategic collaboration supports the company’s long-term sus...
Read More
India aims to expand its emergency crude oil reserves to cover 90 days of demand to boost energy security amid rising global supply chain risks. With 89% of its oil imported, this move is crucial for long-term stability. However, the imp...
Read More
India plans to significantly boost its strategic oil storage capacity through an expanded partnership with the UAE, targeting a hold of 30 million barrels. This initiative aims to act as a crucial buffer against global supply shocks and...
Read More