Page 40 - Energy Sector

Best of BS Opinion: The energy headwind, entrepreneurs of green era & more

Here are the best of BS Opinion pieces of the day

JSW Energy net profit falls 3.7% to Rs 339 crore in Sept quarter

The total revenue during July-September 2021 increased 12 per cent year-on-year

Adani Group commits 70% capex until 2030 to energy transition

Adani is incubating the first Indian data center company that will power all its data centers by renewable power by 2030.

China economy set to slow after successive batterings: Report

Crackdown on property market, energy crunch to hamper growth

India invites EoI for Battery Energy Storage System for 1 GW/hour project

Central Government has given go ahead for inviting the expression of interest for installation of 1000 MWh Battery Energy Storage System as a pilot project

EU proposes tax breaks, caps to shield users from energy rally

The rally in natural gas to power and emission permits is hurting everyone from German chemicals producers to Spanish households just as the economy is recovering from the pandemic

Oil whipsaws in volatile session as energy crunch stokes recovery concerns

Energy crunch stokes inflation, economic recovery concerns

Oil prices increase for fourth day amid energy crunch

Brent crude was up 21 cents or 0.3% at $83.86 a barrel at 0632 GMT

Energy crisis sets stage for record global carbon dioxide emissions

The trajectory poses a new threat to the Paris Agreement goal of limiting global temperature increases to 1.5°Celsius

Surging oil prices lift material, energy stocks on Wall Street

US crude jumped 2.28% to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9% to $83.98

India set to hit 450 GW renewable energy installed capacity by 2030: MNRE

Earlier this month, the MNRE in partnership with FICCI, organised a series of events, from October 6-8 during the Climate and Biodiversity Week at Expo 2020 Dubai.

Power ministry mandates energy accounting for discoms to curb power losses

Energy accounting reports will provide detailed information about electricity consumption by various categories of consumers and the transmission and distribution losses in various areas.

Indian Oil defers maintenance shutdown of units at Haldia: Report

Haldia refinery has two crude and vacuum distillation units.

Crude jumps on global energy crunch; US oil at 7-year high

Prices have risen as more vaccinated populations are brought out of coronavirus lockdowns, supporting a revival of economic activity

Reliance to transform energy business, says Morgan Stanley

Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy

China relaxes coal mine safety norms on deepening energy crisis

A shortage of coal heading into winter has sent prices in China and around the world surging to record levels

China orders top energy companies to secure supplies at all costs

The order came directly from Vice Premier Han Zheng, who supervises the nation's energy sector and industrial production, and was delivered during an emergency meeting earlier this week

Economic recovery hampered as inflation hits new highs in US, Europe

Inflation has reached new highs in the United States and Europe as rising energy prices and supply bottlenecks restrain an economic recovery from the pandemic in both economies

Asian LNG prices surge to record high this week as winter starts

The average LNG price for November delivery into Northeast Asia was estimated at about $32 per metric million British thermal units (mmBtu)

Global energy crunch: China expands power curbs to 20 provinces

At least 20 Chinese provinces and regions making up more than 66 per cent of the country's gross domestic product have announced some form of power cuts, mostly targeted at heavy industrial users