Page 10 - Shubhangi Mathur

BP sees global oil demand peaking at 103 million barrels per day by 2030

BP's annual energy outlook revises oil demand peak to 2030 at 103 mn bpd, citing India and emerging Asia as drivers even as renewables gain share in global energy mix

Russian crude oil imports this month likely to exceed August level

India imported 1.63 million barrels of crude oil from Russia until September 24, as against 1.71 million barrels per day (bpd) in August

India may attract $100 bn investments in green hydrogen by 2030: Joshi

India targets 5 MTPA green hydrogen by 2030, eyeing $100 bn investment and 600,000 jobs, as renewables surge and the nation aims to be a global hydrogen hub

Green H2 production cost to fall below $3 per kg soon: Hardeep Singh Puri

The government has awarded 900,000 tonnes per annum production capacity of green hydrogen to 19 companies under the National Green Hydrogen Mission

Govt revises India's solar potential to 3,343 GW from 2014's 749 GW

India's revised solar potential now stands at 3,343 GW with Rajasthan, Maharashtra and Gujarat contributing nearly half, while floating solar could add another 700 GW

Govt to release 25 lakh new LPG connections under Ujjwala in FY26

The petroleum ministry has approved 25 lakh new LPG connections under Ujjwala for FY26, taking the total to 10.58 crore, with Rs 676 crore earmarked for connections and subsidies

Pumped hydro capacity to cross 10 GW yearly from FY29, says CEA chief

CEA chairperson Ghanshayam Prasad said India will add 2.8 GW pumped hydro annually till 2027 and over 10 GW a year from 2028-29 to reach 57 GW capacity by 2032

Govt working on ALMM for solar inverters to boost domestic industry

Pralhad Joshi said the government will introduce an ALMM for solar inverters, expanding the approved list mechanism beyond modules and cells to strengthen India's solar value chain

GST cut to reduce farmers' solar pump costs by ₹1,750 cr annually: Joshi

Pralhad Joshi said GST rationalisation on renewable energy devices will lower solar pump costs for farmers by Rs 1,750 crore annually under schemes like PM-KUSUM

SC seeks govt, OMCs' reply on biodiesel off-take plea by producers' body

The Supreme Court sought a response from the government and OMCs on a petition by biodiesel producers citing poor off-take, policy lapses and heavy losses despite set targets

GST hike on E&P: Govt chalking out plan to compensate upstream oil firms

The oil ministry is considering a scheme to compensate upstream companies for higher costs after GST on E&P services rose to 18 per cent, raising concerns of stranded taxes

Oil India targets ₹1.3 trillion capex by 2030, says CMD Ranjit Rath

Oil India chief expects that the construction of Mozambique LNG project will resume by the end of this year

GST cut to save discoms ₹3,000 crore annually on power costs: MNRE

MNRE said reducing GST on renewable devices to 5% from 12% will save discoms Rs 2,000-3,000 crore annually, lower solar project costs and boost clean energy investment

Govt clears 5 projects under new geothermal energy policy, eyes subsidies

The government has cleared five geothermal energy projects under its first policy, with potential subsidy support and global collaborations to boost clean energy development

With no exports, sanctions-hit Nayara Energy ups fuel supply to HPCL

Sanctions-hit Nayara Energy is operating at 60-80% of refining capacity and has raised supply of refined products to HPCL as EU curbs ended its exports

No plans to offer non-blended petrol, no controversy over E20: IOC Chairman

IOC Chairman Arvinder Singh Sahney outlines growth roadmap, defends E20 fuel, and shares updates on refinery and green hydrogen projects

India may mandate 5% SAF blending for domestic flights by 2030: Report

Deloitte-ISMA report projects 5% SAF blending by 2030 and 15% by 2040 for domestic flights, citing abundant biomass as driver for India's global SAF potential

Pralhad Joshi announces ₹100 cr support for green hydrogen start-ups

Union Minister Pralhad Joshi announced Rs 100 crore funding for green hydrogen R&D start-ups with up to Rs 5 crore per project, and launched a safety panel under NGHM

Russian crude oil supply remains steady despite sanctions pressure

In first nine days of Sep, loadings for India stood at 1.55 million bpd, as against August loadings of 1.49 million bpd

Opec to boost output for market share; Brent may fall below $65 a bbl

OPEC+ will increase output by 137,000 bpd from October to regain market share, a move analysts say could push Brent crude below $65 and even $55 a barrel by year-end