Page 5 - S Dinakar

Can India's Carbon Credit Trading Scheme drive climate target success?

IETA estimates that by 2030, the global carbon credit market will be around $300 billion, growing to $1 trn to $1.5 trn by 2050. India is expected to be one of the big sellers

India's carbon market set for 2026 launch, BEE director reveals

Saurabh Diddi, director at Bureau of Energy Efficiency, explains India's carbon credit trading scheme, which includes mandatory compliance and voluntary offsets, aiming for a 2026 launch

Trump uncertainty will not affect investment in India: ReNew CEO Sinha

'We have installations of about 6 Gw in solar and 5 Gw in wind energy, and a pipeline of 15 Gw,' said Sumant Sinha, chairman and chief executive officer of ReNew

ISPRL evaluating bids to build 2nd SPR phase at Karnataka's Padur

Rs 5,500 cr Budget provision for ISPRL could be diverted to building SPR facilities or cater to fuel subsidies because India's storages are nearly full

India's crude oil supplies from Russia and US drop, West Asia rise

Imports of Russian oil were 280,000 barrels per day (bpd) more than Iraqi oil in February, according to Paris-based market intelligence agency Kpler

'UN carbon programmes may help India take a fifth of $1 trn global market'

Some market participants are impatient, I think. They have got other recognised independent standards which they can use in the interim, said DIRK FORRISTER, president and chief executive of the IETA

LNG may help, but US crude oil unlikely to bridge trade gap fast

Crude oil from the US is a tough buy in today's environment - supplies to India have already dropped by half from 2021 levels

Oil and the war, 3 years on: Russia reshapes global energy dynamics

The war provided Prime Minister Narendra Modi's government with an opportunity to reinforce India's strategic autonomy by resisting Washington's pressure to sanction Russia

Govt weighs LPG subsidy for oil marketing companies as losses mount

As cooking gas underrecoveries soar, Centre considers ~40K cr mid-year payout

Trump's tariffs and Russian oil woes deepen crisis for Indian OMCs

A sharp rise in LNG prices threatens to unravel India's projected 12% growth in demand for the fuel this financial year

'Trump may be interested in Indian firms signing contracts for US LNG'

US LNG is usually sold with a Henry Hub plus formulae, which has been used since Cheniere started exporting in 2016

India's January Russian crude oil purchases surge despite sanctions

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier

HVDC a $30 bn market but India barely in the game: Sterlite Power MD

Renewable energy is now the cheapest power source. Companies primarily buy it for cost savings, with environmental benefits as a bonus

'India's gain lies in Donald Trump's peace deals in Gaza, Ukraine'

The expansion in US LNG capacity could lead to a global oversupply by the decade's end, potentially lowering prices

Will oil sector growth lead to more capex for underfunded ministry

The petroleum sector contributed Rs 4.32 trillion to the Central exchequer by way of taxes, royalties, and dividends, among others, and Rs 3.19 trillion to the states in 2023-24

India's fraying Gulf oil ties get a fillip on US' sanctions on Russia

State-run refiners plan to renew or enhance optional volumes under existing contracts, struck on a fiscal basis, despite higher sourcing costs

US sanction clarifications a tight squeeze for India's Feb oil supplies

Cargoes must be loaded before Jan 10 to evade sanction laws: Treasury Dept

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

US sanctions on Russian oil supply chain pose challenge for Indian refiners

India's slowing economy is most exposed to the latest bans because refiners must pay much more to purchase alternative crudes from West Asia in the short term

Indian refiners eye windfall from Urals oil drop: Will motorists benefit?

Indian refiners may face a windfall this year from falling Urals oil rates even as US levies sanctions on Russian firms. Will motorists benefit?