Energy

India, Japan unveil 16 summit outcomes to deepen strategic partnership

The two countries agreed to strengthen cooperation in energy security, AI, defence, supply chains, mobility and investments while advancing economic resilience and Indo-Pacific stability

US Secretary of State Marco Rubio ends Gulf tour as allies share Iran woes

Marco Rubio sought to reassure Gulf allies that any US-Iran agreement would protect regional security and preserve free navigation through the Strait of Hormuz

Adani Power targets 23.7 GW capacity addition by FY32 with ₹2 trn capex

The company plans to add 23,720 MW of thermal power capacity by FY32 through brownfield and greenfield projects, while Adani Energy Solutions outlined its expansion pipeline

India, Iran explore opportunities to cooperate in energy sector: Puri

Iran and the United States signed an interim deal, after which Washington issued a temporary license for the export of Iranian energy products

$24.6 bn clean energy financial flows to developing nations in 2024: UN rpt

International public financial flows for clean energy reached $24.6 billion in 2024, while progress on electricity access and clean cooking remained too slow to meet SDG 7 targets

CEEW flags risks to India's energy security from import exposure

The think tank recommends diversifying crude and LNG suppliers, expanding strategic reserves and modernising refineries to reduce vulnerabilities to supply shocks

Indian biogas turns price-competitive with LNG for the first time

Improved competitiveness of biogas--a cleaner-burning fuel derived by processing organic municipal waste, parali or press mud from sugarcane factories among others-relieves pressure on the government

Energy cyber security | Expert’s take

In this session, Vilas Shewale, Principal Specialist at Energy Transfer, talks about the energy sector, cybersecurity and provides career tips to the B-Schoolers.

Fuel exports decline to 930,000 bpd in May, lowest since 2022

India's exports of refined petroleum products fell to about 930,000 barrels per day (bpd) in May, their lowest level since October 2022, as refinery maintenance, changing production priorities and stronger domestic demand curtailed overseas shipments. Exports declined to around 930,000 bpd, down to levels last seen when shipments averaged 926,000 bpd in October 2022, reflecting a combination of lower refinery throughput and a growing focus on supplying the domestic market, according to data analytics firm Kpler. "This sharp cutback was driven by a combination of lower refinery throughput, maintenance activity, and a structural pivot toward the domestic market," said Sumit Ritolia, model and refining manager at Kpler. A key factor behind the decline was planned maintenance at Reliance Industries' Jamnagar refining complex, India's largest refinery and a major exporter of refined fuels. The maintenance programme reduced crude processing rates and limited the availability of export ...

Venezuela's Delcy Rodriguez likely to visit India amid oil supply shifts

Acting President's visit comes as India increases Venezuelan crude purchases to offset supply disruptions caused by the blockage of the Strait of Hormuz

ONGC says gas to drive revenue growth; ₹33,000 crore projects underway

New well gas constituted 17 per cent of production and 21 per cent of revenue in FY26 from ONGC nomination gas portfolio

War, energy shortages boost China's influence in regional energy security

As the Iran war disrupts global energy flows, China is using fuel supplies and renewable technology to deepen its strategic influence across Asia

Best of BS Opinion: Credit guarantee scheme will help small businesses

Today's opinion wrap explores the economic fallout of the West Asia conflict, digital governance reforms, telecom disaster preparedness and the growing role of AI in policymaking

India needs energy storage policy to manage supply shocks: S&P Global

S&P Global said India requires a comprehensive energy storage policy to tackle supply disruptions amid high dependence on crude oil, LNG and LPG imports

Delhi to Bhubaneswar: Soaring LPG costs burn deeper into restaurant margins

Soaring commercial LPG prices are squeezing restaurant margins, forcing eateries to consider menu hikes, switch fuels or absorb rising costs

India should build strategic buffers for energy shock: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Saturday said India needs to create strategic buffers in the face of the "most difficult" energy shock that the country is facing amid the West Asia crisis. Nageswaran also said the rising prices of fertiliser and petroleum products globally due to the crisis will make it challenging to achieve the 4.3 per cent fiscal deficit target for the current fiscal, while below normal monsoon and pass-through of higher energy prices could lead to "potential inflation spike". He also said India has employment challenge emanating from AI, and there is a need to ensure that IT sector becomes more competitive and not lose jobs to AI, and instead create jobs that use AI within the IT sector or in other services. Speaking at the ICPP Growth Conference organised by the Ashoka University, Nageswaran said the current account deficit (CAD) in the current fiscal could rise to over 2 per cent of GDP, from less than 1 per cent in FY'26. "The ... priority for

Task force suggests measures to boost PNG penetration, reform CGD sector

Panel suggests policy and operational reforms to boost PNG connections, streamline LPG transition, and strengthen city gas distribution ecosystem amid energy disruptions

Why Rajasthan’s Pachpadra refinery is key to India’s energy future

A fire at Rajasthan’s Pachpadra refinery just a day before its inauguration has put the spotlight on one of India’s most ambitious energy projects.

Best of BS Opinion: Hopes fade for early resolution of West Asia crisis

From rising West Asia tensions and oil shocks to heat stress on food systems and women farmers' role in India, here are the key insights from Business Standard's Opinion page today

Why India must ramp up coal gasification as part of its energy strategy

India's abundant coal reserves and rising energy demand make coal gasification a key strategy to reduce import dependence, boost industrial fuel supply, and strengthen long-term energy security