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Fervo Energy files for 55.55M share IPO at $21-$24/sh - Investing.com India
Fervo Energy files for 55.55M share IPO at $21-$24/shInvesting.com India
India's oil companies bleed Rs 30,000 cr as fuel prices held steady despite global energy shock
India's state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global energy disruption. This ensured uninterrupted supplies for consumers. The government's excise duty cuts helped mitigate further losses. India's approach differed from other nations where fuel prices surged.
Chinese markets end mixed amid geopolitical tensions
Market sentiment was affected after reports said three US Navy destroyers in the Strait of Hormuz intercepted Iranian attacks and carried out retaliatory strikes, raising concerns about regional stability and possible disruptions to global energy supplies. Investors also closely tracked developments related to the Trump-Xi meeting scheduled in Beijing on May 1415. Although preparations for the visit are continuing, reports suggested Chinese officials are becoming cautious about holding the talks before the US-Iran situation improves.
Coal India Ltd down for fifth straight session
Coal India Ltd is quoting at Rs 456.6, down 2.15% on the day as on 13:19 IST on the NSE. The stock jumped 19.4% in last one year as compared to a 0.65% rally in NIFTY and a 22.24% spurt in the Nifty Energy index.
Tata Power, Bhutan's DGPC expand hydropower partnership to over 5,000 MW
Tata Power and Bhutan's Druk Green Power Corporation (DGPC) have expanded their clean energy partnership with the addition of the 404 MW Nyera Amari I & II Integrated Hydropower Project, taking the total identified hydropower capacity under the collaboration to 5,033 MW from 4,500 MW earlier.
L&T's Energy Hydrocarbon vertical bags 'significant' EPC contract from BCGCL
Larsen & Toubro said that its L&T Energy Hydrocarbon Onshore division has secured a significant EPC order from Bharat Coal Gasification and Chemicals (BCGCL).
AI trade turns Adani’s energy stocks into India proxy play - The Economic Times
AI trade turns Adani’s energy stocks into India proxy playThe Economic Times
AI trade turns Adani’s energy stocks into India proxy play
Adani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as key AI infrastructure plays in India. The conglomerate's ambitious plans to develop AI-ready data centers, coupled with India's surging electricity demand, have propelled Adani's energy stocks to outperform the market.
Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle
Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.
Shell’s Profit Surge: How Iran Tensions Powered Q1 Earnings
Shell reported its strongest quarterly profit in nearly two years, driven by gains in refining and energy trading amid Iran-related geopolitical tensions. While earnings beat expectations and shareholder payouts increased, concerns over declining production and sustainability of trading gains weighed on investor sentiment following the results announcement.
Gran Tierra Energy reports Q1 2026 results, revises guidance By Investing.com - Investing.com India
Gran Tierra Energy reports Q1 2026 results, revises guidance By Investing.comInvesting.com India
L&T Energy Hydrocarbon Onshore wins order from Bharat Coal Gasification and Chemicals
L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore.