India’s reliance on imported oil, natural gas grows

India’s reliance on imported crude oil and natural gas grew further in the first half of the current financial year as the delta between consumption growth and the more or less stagnant domestic production continued to widen. The country’s oil import dependency in April-September (H1) was 88.2 per cent, up from 87.6 per cent in

OPEC expects share of Indian oil imports to rise again

OPEC is set to win a bigger share of India’s oil imports in coming decades due to the proximity of its supplies, the producer group’s head said, after its dominance was recently eroded by competition from discounted Russian oil. The share of oil from the Organization of the Petroleum Exporting Countries (OPEC) imported by India

Hydrise Group ethanol plant in MP will start production in 2023

Anuj Kumar Agarwal, promoter of Hydrise Group got funding of $0.66 million from Athena Capitals to set up an ethanol plant in Seoni, Madhya Pradesh. The ethanol plant is currently in final stages and expected to start production in the year 2023. The plant will benefit farmers and fast-track the programme of ethanol blending with