Page 5 - Shubhangi Mathur

Andhra allots 6,000 acres to BPCL for ₹96,000 cr refinery near port

The state government also announced in-principle approval of total financial incentives to BPCL, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project

India on track to achieve 500 GW renewable energy target by 2030: Joshi

Union minister Pralhad Joshi says India's clean energy growth, led by solar, is progressing steadily with 162 GW in the pipeline and bids floated for nearly 100 GW

BPCL to complete Andhra refinery feasibility report by December 2025

Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with foreign partners for collaboration

Domestic gas demand to pick up pace by FY27: IGX chief Rajesh Mediratta

Indian Gas Exchange (IGX), the only gas exchange in the country, sees domestic gas demand picking up pace in the coming years with prices softening to $8-$9 per million British thermal unit (MBTU)

India's oil demand to hit 9 mn bpd by 2050; coal to stay dominant: BP

BP projects India's oil demand to grow 80% by 2050 even as renewables surge; coal to retain over 40% share in the energy mix under current trajectory

India ramps up US oil purchases amid trade talks, diversification push

Crude oil loading refers to volumes of oil loaded at a producing country's port for respective destinations. Oil shipments loaded in the US typically take around two months for delivery in India

Diesel demand up 6.3%, petrol 7.5% in September on festive, freight boost

India's diesel and petrol consumption rose strongly in September 2025, aided by GST cuts, festive mobility and higher freight, though aviation fuel demand slipped

Oil ministry invites applications for BPCL CMD post, last date October 21

The Petroleum Ministry has called for applications for BPCL's CMD post after G Krishnakumar's tenure ended; Sanjay Khanna currently holds additional charge of CMD

Govt steps on gas: 24-hour delivery of LPG could soon be reality

New interoperable system to unify LPG delivery across firms

Oil India reports first natural gas occurrence in Andaman offshore block

Oil India has reported the first natural gas occurrence from its Andaman offshore blocks at exploratory well Vijayapuram-2, marking a step forward in India's hydrocarbon exploration

IGL adds 3.7 lakh PNG connections, posts ₹1,468 crore PAT in FY25

Indraprastha Gas Ltd added 3.7 lakh PNG connections and 72 CNG stations in 2024-25, taking domestic PNG users past 3 million and posting Rs 1,468 crore profit after tax

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