This comes amid the International Energy Agency forecasting a supply this year of 4 million barrels per day, equivalent to 70 per cent of India's oil demand
India is the world's third-largest emitter of methane but lacks clear policy direction and mechanisms to track and mitigate the gas, which is far more potent than carbon dioxide in global warming
India has gained the least since Russia invaded Ukraine in February 2022 and was penalized the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war
Vikram Solar Chairman Gyanesh Chaudhary says consolidation is under way in renewables, with capacity expansion, upstream investments and plans to explore the us market despite sector headwinds
Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks
Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India
Indian refiners will also issue some spot tenders for purchase of US LPG for deliveries early next year, the sources said. Details are not yet available
The UN climate summit ended without a fossil fuel phase-out plan or clear climate finance roadmap, with India's delayed climate pledge adding to the challenges
Despite dramatic scenes in Belem, the summit delivered little on climate finance, fossil fuel transition or equity, leaving India and other developing nations disappointed
Due to lack of willingness on part of developed nations to open their purses, ambitions have turned to phasing out fossil fuels, in order to keep global warming below 1.5°C over pre-industrial levels
The global momentum for nuclear energy is gathering steam amid a push for net zero. India too has drawn up plans, but it has to deal with several tasks, including rolling out legislative reforms
Two issues on financial obligations of developed countries and unilateral trade agreements were dropped from the COP agenda after resistance from developed nations
2025 was among the 3 hottest years on record, accompanied by a record-breaking glacier loss, lowest Arctic sea ice on record and record increase in atmospheric carbon dioxide from 2023-24
Given their outsized contribution to air pollution & net-zero targets, state-run oil firms must accelerate cuts in greenhouse gas emissions. The country's hobbling renewable projects may delay plans
