Saudi push into Indian refining is stalling over crude supply
0Saudi Arabia’s efforts to invest in Indian oil refineries are facing hurdles due to disagreements over crude supply terms. Saudi negotiators are pushing for supplying half...
May 2025
Andhra Pradesh overhauls power utilities, inducts new talent, expertise
0Andhra Pradesh’s TDP government is overhauling its power utilities by hiring professionals from NTPC and SBI to enhance transparency and efficiency. Facing a massive debt surge...
Green hydrogen and the Net-Zero economy: India’s path to a sustainable energyfuture
0India is strategically positioned to lead in green hydrogen, leveraging its renewable resources and growing energy needs. A recent roundtable emphasized industry collaboration, policy clarity, and...
Spain’s blackout is a wake-up call for India
0India, having experienced large-scale blackouts, is rapidly expanding renewable energy. While prioritising energy access and affordability, the government must invest in grid stability, data collection, and...
'Bombshell' OPEC+ output hike hits oil price
0Oil prices fell due to increased production by OPEC+ members. Asian stocks showed mixed performance with major markets closed. Saudi Arabia and Russia are among those...
Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes
0Barclays has revised its Brent oil price forecast downward, projecting $66/bbl for 2025 and $60/bbl for 2026. This adjustment is primarily attributed to OPEC+’s decision to...
Petrol, diesel demand rises in April as summer fuels consumption
0India’s diesel consumption rebounded in April with a 4% increase, driven by summer irrigation and air conditioning demands, marking the highest volume for the month and...
Adani Power plugs into 6-year capex plan of Rs 1.2 lakh cr
0The Adani Group company has an operating capacity of 17.55 GW, which it aims to increase to 30.67 GW by 2030. In the private sector, its...
OPEC+ agrees another accelerated oil output hike for June
0OPEC+ has decided to increase oil production by 411,000 barrels per day in June, marking the second consecutive month of accelerated output hikes despite falling prices...
India's route to 100 GW nuclear power by 2047 may require strategic reforms
0India aims for 100 GW nuclear power by 2047. SBICAPS reports strategic reforms are crucial. Reducing construction time and attracting foreign investment are key. Diversifying fuel...