Energy

Nil expenditure in gasification scheme for most of 2025-26: Parl panel

A parliamentary committee has flagged significant delays in expenditure under the scheme for promotion of coal, lignite gasification, noting zero spending for most of 2025-26 despite a revised allocation of Rs 285 crore, and suggested a time-bound spending framework with quarterly milestone verification. The standing committee on coal, mines and steel was of the view that the scheme's outlay was brought down from Rs 300 crore at Budget Estimates (BE) 2025-26 to Rs 285 crore at Revised Estimates (RE) stage due to milestone-based needs, with no expenditure incurred and even a a single eligible project pending reimbursement formalities. "The committee noted that no expenditure is incurred for most of the financial year, with even a single eligible project awaiting fulfilment of reimbursement formalities," it said. The panel further noted that against a Revised Estimate of Rs 285 crore in 2025-26, the Budget Estimate for 2026-27 was sharply raised to Rs 3,525 crore. The committee, ...

Home Secretary reviews LPG supply with states govts to ensure no disruption

India is among the world's largest consumers of LPG, which is widely used as a primary cooking fuel in households

IEA to release record 400 million barrels of oil from stockpiles

The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles

Bank of England may be wary of looking past another energy price shock

Markets are all but ruling out a rate cut this month that had looked like a done deal prior to the war on Iran, and traders now put the chance of any easing at all this year at around 50-50

Energy shocks from West Asia will have knock-on effects on India's economy

The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply

Iran war has driven surge in global demand for Russian energy, says Kremlin

The conflict, now in its seventh day, has left the Strait of Hormuz nearly shut, cutting countries around the world off from about a fifth of global oil and liquefied natural gas supplies

Philippines mulls shorter work week, less air conditioning to save energy

The Southeast Asian nation imports nearly all of its oil requirements, and the war in Iran could spur inflation that already hit a 13-month high in February

US strike on Iran 'ahead of game plan' but global markets rattled

As the war headed into the fifth day, global markets reacted to mounting concerns of a prolonged conflict in a region along a major corridor of oil and gas exports

Hormuz crisis may push Brent toward $100 amid US-Iran conflict: Analyst

The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered

Rethink auctions, retain safeguards: NITI Aayog on critical minerals

NITI Aayog has urged retaining public consultation and revisiting auction-led exploration by allowing conditional first-come-first-served access for early-stage critical mineral projects

India's January power demand hits 16-year high at 143 billion units

Peak power demand in January touched 245 gigawatt (Gw), surpassing the previous summer peak of 243 Gw recorded in June last year

The long road to $500 billion: India's US trade pledge won't be easy

India has agreed to buy $500 bn worth of US energy products and other goods as part of a trade deal. This won't be easy, for India has been diversifying its sources

Budget 2026 backs decarbonisation, clean energy supply chains

Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades

A world remade by rivalry: Each country must chart its own future

As the rules-based order fractures, geopolitics, minerals and energy rivalries are reshaping climate action, trade, and the future of global cooperation

ONGC seeks oil majors for Western offshore blocks; multiple deals signed

ONGC has invited global oil majors for technical support partnerships in its western offshore blocks to lift output

Energy company AM Green to set up $25 billion AI hub in Greater Noida

AM Green signs pact with UP to invest $25 billion in a 1 GW AI hub in Greater Noida, powered by carbon-free energy, targeting hyperscalers and sovereign AI by 2030

EV making and climate tech | From Foxconn’s environmental expert

In this session, Ankita Patwa, Environmental Manager, Foxconn System & Founder, TheGreenSolve talks about EV making, sustainability, climate tech and provides career tips

Three key trends that will shape India's energy trajectory in 2026

India's energy sector in 2026 will be influenced by shifts in crude oil sourcing, the rising share of clean energy and the growing role of private capital in renewables, nuclear power and distribution

How energy flowed between hiccups and hope as solar stayed bright in 2025

Solar was a bright spot in a year marked by domestic challenges, like oil imports, and global concerns, such as climate change

HMEL to invest ₹2,600 crore in Bathinda refinery for downstream expansion

HPCL Mittal Energy plans to invest Rs 2,600 crore at its Bathinda refinery to build polypropylene downstream industries and start fine chemical projects to expand its business