Page 13 - Energy

Taking stock: As global energy intensifies, some companies are winning

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.

Explainer: Global energy shortage or a coincidence of regional crises?

Goldman Sachs estimated that as much as 44% of China's industrial activity has been hit by the power shortages.

India's energy demand grows at slower pace in September

Electricity consumption rose 0.8% in September, compared with 17.1% growth in August

MNRE launches interest subvention scheme for energy biomethanation projects

MNRE on Tuesday said it has launched a loan interest subvention scheme in association with UNIDI and GEF to provide financial assistance for innovative waste to energy biomethanation projects

Int'l Energy Agency says refining throughput set to rise in July, August

The Paris-based agency, however, expected the trend will lose momentum in winter due to seasonal maintenance of refineries.

Global energy demand fell beyond predictions in 2020: bp Statistical Review

Drop was most since World War-II; renewable energy deployment zoomed in 2020

Sales volume jumps 48% to 7,093 MU in June at Indian Energy Exchange

The electricity market achieved a volume of 21,340 million units (MU) during the first quarter (April-June), registering 44 per cent growth year-on-year.

'Very interested' in energy partnership with India: US energy secretary

The Biden administration is "very interested" in continuing to ensure that the US has a strong energy partnership with India, Energy Secretary Jennifer M Granholm has said

India is leading world in sustainable development and clean energy: PM Modi

PM Modi's remarks came at a meeting of the CSIR Society chaired by him through video conferencing today.

Dow hits all-time high as materials, energy stocks jump; Nasdaq down 1.3%

Energy stocks rise on US fuel supply disruption fears; tech-heavy Nasdaq Composite Index declined for the first time in three sessions amid the growing anxiety over inflation

Energy cooperation a cornerstone in Indo-US ties: US Chamber of Commerce

Energy cooperation is a cornerstone in the India-US relationship, according to a top official from the US Chamber of Commerce as Delhi embarks on a strong multi-decade energy transformation journey

India taking lead to promote regional approach to energy: Foreign Secy

India is working assiduously to promote the sub-region comprising itself, Bhutan, Bangladesh, Nepal and Myanmar as an energy hub, Foreign Secretary Harsh Vardhan Shringla said

Energy giant Shell to speed up emissions cuts, says oil output peaked

The firm said it plans to eliminate seven refineries and reduce production of gasoline and diesel fuel by 55 per cent over the next decade

Schneider Electric Infrastructure net profit up 11 pc in December quarter

Schneider Electric Infrastructure on Wednesday posted an 11 per cent rise in quarterly net profit at Rs 33.33 crore

ITC aims to meet 100% of electrical energy needs from renewable sources

ITC has set itself the target to meet 100 per cent of purchased grid electricity requirements from renewable sources by 2030

Hero Future Energies appoints Srivatsan Iyer as the new global CEO

Iyer will replace Sunil Jain, who has been with HFE since its inception in 2012 and will retire this month

Commodity markets to end 2020 on strong note with vaccine, stimulus news

Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the coronavirus pandemic

Explained: What is happening with the $9 bn Keystone XL oil pipeline?

Most recently, a Canadian indigenous group said it would invest C$1 billion ($764.35 million) in the project, which has been in the works for 12 years

Govt pushes for dispute resolution panel to resolve oil, gas wrangles

The government is pushing for contractual wrangles being sent to an expert committee for time-bound resolution but the move has found few takers due to inherent conflict of interest in such a process

Noble Energy shareholders approve $4.1 billion sale to Chevron Corp

The all-stock deal values Noble Energy at around $4.1 billion, excluding $8 billion in debt