Some relief for Nayara! Microsoft restores IT services to Russia-backed Indian oil refinery; US company abruptly halted operations after EU sanctions
Microsoft has restored IT services to Nayara Energy, an Indian oil refinery backed by Russia, after a lawsuit was filed due to service suspension following ...
Russia oil squeeze: Trump’s 100% tariff threat – should India panic?
Amidst Trump’s threat of secondary tariffs on countries trading with Russia, will India’s crude oil supply face uncertainty? Russia has become India’s top oil supplier ...
Energy security: Global crude oil prices have remained relatively stable, says Hardeep Singh Puri; India eyes geothermal push
Petroleum Minister Hardeep Singh Puri stated that global crude oil prices remain stable despite geopolitical tensions, indicating sufficient energy resources worldwide. India is actively engaging ...
‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics
Hardeep Puri, India’s Petroleum Minister, asserts that India’s continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to ...
Gail-Oil India deal: Oil India Ltd to sell natural gas for 15 years; will supply 9 lakh standard cubic metres a day
Oil India Ltd. and Gail have solidified their partnership with a 15-year agreement for natural gas supply from Oil India’s Rajasthan field. Effective July 1, ...
Adani Power acquires VIPL for Rs 4,000 crore; capacity hits 18,150 MW
Adani Power Ltd has acquired Vidarbha Industries Power Ltd for Rs 4,000 crore, increasing its operating capacity to 18,150 MW. The company plans to further ...
New gas pipeline tariff norms to reduce costs for CNG companies
The Petroleum and Natural Gas Regulatory Board has revised pipeline tariff norms, aiming to lower wheeling costs for city gas distributors and broaden access to ...
Rosneft in early talks with Reliance to sell stake in Nayara Energy – Report
Rosneft has initiated discussions with Reliance Industries for the potential sale of its 49.13% stake in Nayara Energy, a move that could significantly consolidate India’s ...
India’s thermal coal intake from Russia hits 2-year high: Report
India’s thermal coal imports from Russia surged 52% in May 2025, reaching a two-year high due to competitive pricing and higher-grade coal. While Russian coal ...
NTPC: Power giant seeks shareholder’s nod to raise up to Rs 18,000 crore via bonds; voting begins 24 June
NTPC, the state-owned power giant, plans to raise up to ₹18,000 crore through private placement of bonds or non-convertible debentures (NCDs) in the domestic market. ...
