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The IRM Energy Story: How AI Signaled an Exit on May 1 - Investing.com India
The IRM Energy Story: How AI Signaled an Exit on May 1Investing.com India
Adani stocks gain as US drops charges in New York case; Adani Green up 4%
Adani Green Energy shares climbed 3.5 per cent to ₹1,407, while Adani Total Gas advanced 2.65 per cent.
Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
Reliance Industries is in talks with China’s Contemporary Amperex Technology Co. Limited and other global suppliers to source components for battery energy storage systems as it pushes ahead with its clean energy plans.
MoF approves scheme for floating solar battery storage
India is set to boost renewable energy with a new ₹5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.
GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions
GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.
IEA chief warns commercial oil inventories are depleting rapidly, only weeks left
International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply remaining due to the Iran war and Strait of Hormuz closure. Strategic reserve releases have provided temporary relief, but demand is increasing with seasonal shifts. The agency previously forecast a surplus but now anticipates a significant shortfall this year.
US-Iran war: Why PM Modi visited UAE amid Middle East conflict and Strait of Hormuz crisis
Amid escalating tensions from the US-Iran war and soaring oil prices, India's Prime Minister Modi's recent visit to the UAE aims to secure energy supplies and foster deeper economic ties. With the UAE's strategic shift in oil policy, India seeks to diversify imports and enhance energy security.
India’s Rs 37,500 crore coal gasification bet: 3 PSU stocks at the centre of the energy shift - financialexpress.com
India’s Rs 37,500 crore coal gasification bet: 3 PSU stocks at the centre of the energy shiftfinancialexpress.com
India may negotiate Iran-backed oil corridors as Hormuz recovery looks distant: Moody’s
India and other nations will seek energy supplies through direct talks. A full return to pre-conflict shipping levels through the Strait of Hormuz is not expected by 2026. This will lead to gradual, but slow and uncertain, improvements in energy transit. Higher and volatile oil prices will impact economies.
Can PM Modi's visit to UAE, other four countries find a solution to the soaring oil prices problem?
Prime Minister Modi's five-nation tour aims to secure long-term energy supplies amid rising crude oil prices that impact India's economy. The visit highlights India's strategy to diversify crude sourcing and strengthen energy security, particularly through partnerships with the UAE and Norway.
Russian crude supplies to India have increased, claims Sergey Lavrov
Russia has increased oil supplies to India, according to Foreign Minister Sergey Lavrov. This comes as a crucial US waiver for purchasing Russian crude is set to expire. Lavrov met with Prime Minister Narendra Modi and External Affairs Minister S Jaishankar to discuss energy trade and strengthen the strategic partnership.
Can PM Modi’s five-nation tour help India tackle the crude oil shock?
India's energy security concerns rise as crude oil prices remain high. PM Modi's five-nation tour aims to secure long-term energy supply, starting with agreements in the UAE. Experts caution that while this may alleviate short-term panic, geopolitical risks will keep prices volatile.