Phased mandates, backed by carbon credits, cross‑subsidies, and viability gap funding, would help reduce the burden on consumers and industry. Greening mandates, backed by targeted incentives, are emerging as the most critical lever to spur demand for green hydrogen in India. Industry chamber, the Confederation of Indian Industry (CII), has urged the government to introduce...
Category: Oil & Gas
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Energy Security, Investment and Decarbonisation to Take Centrestage at India Energy Week 2026
IEW 2026 will convene global energy leaders from over 120 countries, as systems grapple with rising demand, climate goals and geopolitical shifts. India Energy Week (IEW), one of the world’s leading global energy gatherings, will be held in Goa from January 27-30, bringing together ministers, global CEOs, policymakers, financial institutions, academia and technology providers at...
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PM Modi Hails HPCL’s World-First LC-Max Residue Unit at Visakh Refinery
State‑owned HPCL’s upgrade represents a milestone in India’s deep‑conversion refining and energy independence. Prime Minister Narendra Modi has lauded the successful commissioning of the residue upgradation facility (RUF) at Hindustan Petroleum Corp. Ltd (HPCL)’s Visakh Refinery in Andhra Pradesh. In a post on the microblogging site X, Modi stated, “This state-of-the-art facility adds momentum to...
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ONGC Partners MOL to Launch Ethane Shipping, Strengthening Energy Logistics and Maritime Presence
The ONGC-MOL partnership blends global maritime expertise with regional strength to unlock value in energy logistics. ONGC, India’s largest oil and gas explorer, has announced its entry into ethane shipping through a strategic joint venture with Japan’s Mitsui OSK Lines Ltd (MOL), a global leader in maritime transport. On Monday, ONGC signed joint venture and...
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Chhattisgarh, GAIL Ink MoU for 1.27‑Million‑Ton Gas‑Based Fertiliser Plant
GAIL prepares to greenlight a mega fertiliser plant after a techno‑economic evaluation along its Mumbai‑Nagpur‑Jharsuguda Natural Gas Pipeline (MNJPL) corridor. The Government of Chhattisgarh and GAIL (India) Ltd have joined hands to develop a greenfield gas‑based fertiliser project in the state. A non‑binding memorandum of understanding (MoU) was signed in the presence of Chhattisgarh Chief...
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India to Expand Refining Capacity to 309.5 MMTPA by 2030, Accelerates Biofuel and Green Hydrogen Push
Alongside this nearly 20 per cent increase, the petrochemical intensity index (PII) of public sector refineries is expected to more than double—from 4.1 to about 9.3—once ongoing and planned projects are completed. India’s refining sector is set for a major expansion, with total capacity projected to rise to 309.5 million metric tonnes per annum (MMTPA)...
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THINK Gas Signs Long-Term LNG Supply Agreement with Shell Energy India
The agreement with Shell India will meet part of the New Delhi‑headquartered CGD player’s projected energy requirement, while it simultaneously evaluates other partnerships to address rising customer demand. THINK Gas—an AG&P Pratham merged entity and among India’s leading city gas distribution (CGD) players—has announced a long-term gas sales and purchase agreement with Shell Energy India....
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India Expands Energy Security with Landmark US LPG Deal
The agreement covers about 10 per cent of India’s LPG imports, making it the first structured US supply contract. In a first for India, Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Monday announced that India’s government-owned oil majors have successfully concluded a one-year structured contract to import around 2.2 million tonnes...
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Minister Puri Highlights $68 Billion Indo‑Japan Energy Partnership in Tokyo
Addressing a roundtable in Tokyo, Puri noted that India and Japan can together build world‑class capabilities, resilient supply chains, skilled human capital, and stronger energy security for the Indo‑Pacific. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that India’s massive scale, rising energy demand, and unprecedented infrastructure expansion, combined with Japan’s...
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S&P Global Rebrands Commodity Insights as S&P Global Energy
Analysts note that the timing reflects intensifying competition in energy data services, amid the accelerating global energy transition and rising demand for reliable market intelligence. New York-based financial information firm S&P Global has announced the rebranding of its Commodity Insights division as S&P Global Energy at the company’s 2025 Investor Day. The move reflects a...