Energy

A parliamentary committee has flagged significant delays in expenditure under the scheme for promotion of coal, lignite gasification, noting zero spending for most of 2025-26 despite a revised allocation of Rs 285 crore, and suggested a time-bound spending framework with quarterly milestone verification. The standing committee on coal, mines and steel was of the view that the scheme's outlay was brought down from Rs 300 crore at Budget Estimates (BE) 2025-26 to Rs 285 crore at Revised Estimates (RE) stage due to milestone-based needs, with no expenditure incurred and even a a single eligible project pending reimbursement formalities. "The committee noted that no expenditure is incurred for most of the financial year, with even a single eligible project awaiting fulfilment of reimbursement formalities," it said. The panel further noted that against a Revised Estimate of Rs 285 crore in 2025-26, the Budget Estimate for 2026-27 was sharply raised to Rs 3,525 crore. The committee, ...

India is among the world's largest consumers of LPG, which is widely used as a primary cooking fuel in households

The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles

Markets are all but ruling out a rate cut this month that had looked like a done deal prior to the war on Iran, and traders now put the chance of any easing at all this year at around 50-50

The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply

The conflict, now in its seventh day, has left the Strait of Hormuz nearly shut, cutting countries around the world off from about a fifth of global oil and liquefied natural gas supplies

The Southeast Asian nation imports nearly all of its oil requirements, and the war in Iran could spur inflation that already hit a 13-month high in February

As the war headed into the fifth day, global markets reacted to mounting concerns of a prolonged conflict in a region along a major corridor of oil and gas exports

The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered

NITI Aayog has urged retaining public consultation and revisiting auction-led exploration by allowing conditional first-come-first-served access for early-stage critical mineral projects

Peak power demand in January touched 245 gigawatt (Gw), surpassing the previous summer peak of 243 Gw recorded in June last year

India has agreed to buy $500 bn worth of US energy products and other goods as part of a trade deal. This won't be easy, for India has been diversifying its sources

Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades

As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation

ONGC has invited global oil majors for technical support partnerships in its western offshore blocks to lift output

AM Green signs pact with UP to invest $25 billion in a 1 GW AI hub in Greater Noida, powered by carbon-free energy, targeting hyperscalers and sovereign AI by 2030

In this session, Ankita Patwa, Environmental Manager, Foxconn System & Founder, TheGreenSolve talks about EV making, sustainability, climate tech and provides career tips

India's energy sector in 2026 will be influenced by shifts in crude oil sourcing, the rising share of clean energy and the growing role of private capital in renewables, nuclear power and distribution

Solar was a bright spot in a year marked by domestic challenges, like oil imports, and global concerns, such as climate change

HPCL Mittal Energy plans to invest Rs 2,600 crore at its Bathinda refinery to build polypropylene downstream industries and start fine chemical projects to expand its business