Green hydrogen electrolyser market in key Asian nations set to reach $180 mn by 2050

The Green hydrogen electrolyzer market is projected to reach $180 billion in key Asian markets by 2050 with India among the countries set to drive the growth, according to a new report. India’s green hydrogen market is set to reach $78 billion by 2050, up from $4 billion in 2030, as per the study to

US not asked India to halt Russian oil imports

The United States has not asked India to cut Russian oil imports as the goal of sanctions and the G7-imposed $60 per barrel price cap is to have stable global oil supplies while hitting Moscow’s revenue, an American treasury official said. India has emerged as one of the top buyers of Russian sea-borne oil since

Sand substitute developed by IISc scientists

Scientists at the Indian Institute of Science (IISc) in Bengaluru have created a promising new material that can replace natural sand in construction. This development comes as a response to the growing scarcity of sand, a crucial component in building materials. The team at IISc’s Centre for Sustainable Technologies (CST) is exploring methods to utilise

India to get rid of petrol, diesel vehicles: Gadkari

Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid India entirely of the over 36 crore petrol and diesel vehicles. “One hundred per cent,” the Union Minister for Road Transport and Highways said when asked whether it is possible for India to get rid of petrol and diesel cars altogether.

India expands crude imports from US

More than 250,000 barrels per day of U.S. crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude. India, the world’s third-biggest oil importer and consumer, is looking to diversify its oil supplies as fresh U.S. sanctions

India grants permission to ADNOC for crude oil export

The Indian government has taken a significant step by granting permission to the Abu Dhabi National Oil Company (Adnoc) to export crude oil stored in underground strategic storages located in Mangalore. This move aims to provide operational flexibility to the foreign firm and marks a notable development in India’s oil industry. The decision, outlined in

Coal is preparing to say adieu

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programs

Crude oil output rises 7.9% to 2.3 MMT in February

Crude oil imports decreased by 6.6 per cent and increased by 0.4 per cent during February 2024 and April-February 2024 respectively India produced a total of 2.3 million metric tonnes (MMT) of crude oil in February 2024 – registering a growth of 7.9 per cent compared to the year-ago period, according to Petroleum Planning &

Cabinet approves MoU between India and Bhutan on energy efficiency

The Union Cabinet chaired by Prime Minister Narendra Modi approved the signing of Memorandum of Understanding (MoU) between India and Bhutan on extending co­operation in the field of Energy Efficiency and Energy Conservation Measures. The MoU was signed between Bureau of Energy Efficiency, Ministry of Power, Government of India and Department of Energy, Ministry of

India achieves 11.6% ethanol blend with petrol

India has achieved an average ethanol blending rate of 11.60 per cent in the first four months of 2023-24 supply year that started from November, against the 15 per cent target set by the government for the whole year. This comes on the back of supplies of 1.8 billion litres of ethanol from both sugarcane-based