Noting that India imports over 85% and 53% of its oil and gas requirements, respectively, the PM says the country is working to meet growing energy demand and prune imports
The job cuts come after the company promised to lower its operating expenses by $1 billion this year in the face of sharply lower energy demand
Electricity generation (excluding renewables) also decreased 17.7 per cent to 96.3 billion units in May
From first drone deliveries in the US, to how South Korea crushed its second outbreak, and the impact of Covid-19 on militant activity in Africa - read these and more in today's world dispatch
Global energy demand is expected to increase by around a third by 2040
A govt road map has been created for increasing the Indian port capacity to more than 3,500 mmtpa, which would cater to the projected traffic of 2,500 mmtpa by 2025
India, which currently has one of the lowest access to cooling across the world, is poised for rapid and significant growth in cooling demand
Slowest growth in emissions in a decade, says the report