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
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
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+ 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
Beginning April this year, Opec+ had been increasing production every month. The latest September production increase fully reversed the 2.2 million bpd voluntary cut
GST Council recommends raising GST on oil and gas exploration services from 12% to 18%, potentially impacting the margins of Indian upstream companies facing declining energy prices