Jindal roots for fair play in steel, seeks long-term curb on unfair imports
 

Vedanta ropes in Worley for $1 billion copper-cobalt blitz in Zambia
 

Gold prices likely to trend higher in H2 2025, may touch Rs 1 lakh: Report
Source Credit: ANI, The Tribune

Crude ouput: OPEC+ opens oil tap wider before planned August hike, raising fears of price fall
OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes announced for May, June and July, which were already triple the initial plan. Traders had anticipated the same increase for August, making the latest move a further acceleration.

Indian Oil using solar power at 36,000 retail outlets in push to green energy
Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Friday that self-reliance in electricity is crucial for a self-reliant India and solar energy is playing a significant role in this.

Piped natural gas: Beyond business as usual
As India transitions to a cleaner future, natural gas is emerging as a crucial bridge fuel. Recognising its strategic role, the government aims to increase the share of natural gas in the primary energy mix to 15 percent by 2030 from the 2022 level. As a part of this push, expansion of city gas distribution (CGD) networks has come into focus, witnessing the fastest growing gas demand and becoming the second-largest gas consuming sector after fertilisers. Yet the segment seems to be facing various hurdles to its growth, especially on the regulatory and policy fronts.

Saudi, Russia among eight OPEC+ members seeking oil output hike at meeting

London: Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August.

Domestic coal production to touch 1.15 billion in FY26
Source Credit: Deccan Chronicle

Spot electricity prices down 20% in Q1
Electricity prices in the spot market declined by as much as 20% during the first quarter of the current financial year 2025-26 as widespread rains kept temperatures lower, leading to lower-than-expected electricity demand in the summer months, data from the Indian Energy Exchange showed.

Transrail expects to grab 8-10% of Power Grid contracts this year
 

KSERC’s move to value electricity banked by solar prosumers flayed
The objection surrounds KSERC’s decision to apply a 3.41 per cent inflation indexation to the Average Pooled Power Purchase Cost (APPC) of ₹3.15 approved for FY 2022–23, thereby arriving at a revised rate of ₹3.26 for settling banked energy. This application of inflation indexing has been done without any statutory backing, and outside the scope of the KSERC’s own regulations, said Jameskutty Thomas, Coordinator of Kerala Domestic Solar Prosumer Community.

Climate action: 50% RE target met in June
 

Global companies keen on partnering NTPC for mega nuclear project