Oil, gas, power companies, renewable energy, and India's energy sector news.
In response to the recent tightening of government regulations on the use of LPG in various industries, the IT services giant Infosys has sent an advisory to all of its employees at its Pune, Bengaluru, and Chennai campuses. Corporate campuses in India are starting to feel the effects of the
The Amazon Web Services Availability Zone (AWS) data centre in the UAE was momentarily rendered powerless following an incident involving objects that struck the facility. While the United States, Israel, and Iran are in the midst of an open conflict, the incident allegedly set off sparks and a fire at
State-owned oil marketing companies (OMCs) released the latest petrol and diesel prices for March 2, 2026, with fuel rates largely remaining unchanged across major Indian cities. The daily revision, announced at 6 a.m., reflects India’s dynamic fuel pricing system, where retail prices are adjusted in line with global
Saudi Arabia has temporarily shut operations at its key Ras Tanura oil refinery following a drone attack targeting the facility, marking one of the most significant disruptions to global energy infrastructure in recent months. The incident has drawn sharp attention from energy markets, governments and businesses worldwide due to the
Global oil prices climbed sharply on Monday after escalating military tensions in the Middle East disrupted energy shipments and raised fears of a wider supply shock. The spike follows attacks involving Iran, the United States and Israel, which have unsettled one of the world’s most critical oil transit routes,
A hundred billion dollars will be spent by the Adani Group to construct data centers in India that are AI-ready and powered by renewable energy by the year 2035. It is thus one of the biggest integrated energy-and-compute commitments in the world. The national data center capacity of the conglomerate
In order to bring its overall operational capacity to 32 MW by the end of the current fiscal year, infrastructure firm Larsen & Toubro (L&T) intends to commission 18 MW of data centre capacity by March-end. The data centre's overall capital expenditure is close to INR
📰 News
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this December edition, StartupTalky speaks with Meenu Singhal, Regional Managing Director – Greater India Region at Socomec, who
Even the most powerful companies in the nation are finding it difficult to establish an autonomous clean-energy supply chain, as evidenced by Reliance Industries Ltd.'s decision to halt plans to produce lithium-ion battery cells in India after failing to acquire Chinese technology, according to people familiar with the
In order to enter the specialised ethane shipping market, ONGC would acquire a 50% share in two joint ventures with Mitsui OSK Lines (MOL) of Japan. Japan. ONGC and MOL will hold equal interest in the joint ventures, which will each own a very large ethane carrier (VLEC). According to
Global broking firm Jefferies has stated that ONGC may be about to unlock $500 million in long-pending dividends from its Venezuelan upstream project, pointing to a possible boost to the state-run explorer's balance sheet and sentiment should a US-led restructuring of the Latin American country's oil
Cummins India, a power solutions provider, has stated that it sees a "good opportunity" in the data centre industry, which is experiencing a notable rise due to the adoption of AI and data localisation. With five production sites, assembly facilities, and distribution centres, Cummins India Ltd, a division
The Lok Sabha passed legislation that permits private Indian corporations to construct and run nuclear plants for the first time, marking the largest step India has taken in decades to transform its nuclear power sector. Dismantling the legislative structure that has maintained nuclear power firmly under state control since the
Adani Green Energy Ltd (AGEL) announced on 8 December that it has strengthened its transition to nature-positive renewable energy production by incorporating the Taskforce on Nature-related Financial Disclosures (TNFD) guidelines into its core sustainability plan. The United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife
According to many media sources, TotalEnergies is getting ready to sell up to 6% of Adani Green Energy (AGEL). Through two companies, TotalEnergies Renewables Indian Ocean Ltd (15.58%) and TotalEnergies Solar Wind Indian Ocean Ltd (3.41%), the French energy giant presently owns nearly 19% of the Adani Group&
In an interview to a media outlet, senior vice-president and president of US operations John Zahurancik stated that Fluence Energy, a provider of energy storage technology and services, is getting ready to turn India into a critical manufacturing and export base as it diversifies its global supply chain. The action
As the most recent in a string of significant technology investments in the US, Google plans to invest $40 billion in Texas through 2027 to build new cloud computing and AI infrastructure. In order to increase Google's footprint in the US Lone Star State, the investment will help
Reliance Industries, led by Mukesh Ambani, unveiled a significant new investment in Andhra Pradesh on 13 November when it signed an agreement with the state government to build a 1 GW artificial intelligence (AI) data centre. One of Asia's most potent AI infrastructure networks will be created by
Leading decarbonisation solutions provider ReNew Energy Global Plc (ReNew) said on 13 November that it will invest INR 60,000 crore ($6.7 billion) in Andhra Pradesh to establish several green energy projects in the state, bringing its total new investment in the state to INR 82,000 crore ($9.
One of the biggest single-location BESS deployments in the world and the largest in India, the Adani Group announced on November 11th its strategic entry into the Battery Energy Storage Systems (BESS) industry with a groundbreaking 1126 MW / 3530 MWh project. By March 2026, the project—which includes more than
Venture Catalysts, India’s premier early-stage investor and integrated incubator, today announced that it has led the $850K seed round in Umagine Hydrogen Pvt. Ltd. (branded H2 Carbon Zero), a deep-tech manufacturer of modular, stackable fuel-cell systems for stationary power generation. The round also saw participation from Faad Networks, which
Adani Power said on 13 September that it will invest USD 3 billion (about INR 26,482 crore) to build a 2,400 MW ultra-supercritical power plant in Bihar. In a statement, the Adani Group firm said that it and Bihar State Power Generation Company Ltd (BSPGCL) had inked a
Adani Power is making big moves, and it's reflecting on its share price. The company's share price surged nearly 7.7% in the last 3 days. All thanks to the Bhutan clean energy project and...
By FY32, the Adani Group intends to invest $60 billion in transmission and distribution (T&D), power generation, and renewable energy. In a presentation to investors, the group laid out its intentions, estimating that more than $21 billion will be invested by FY30 to increase the capacity of renewable
Adani Power announced on 7 August that it had obtained a Letter of Intent (LoI) to invest $3 billion in the development and operation of a 2,400 MW greenfield thermal power project in Bihar. 2,400 MW Thermal Project to Supply Power to Bihar Utilities North Bihar Power Distribution
According to a July 21 business filing, Larsen & Toubro subsidiary L&T Energy GreenTech would establish India's first green hydrogen facility at Indian Oil's Panipat refinery in Haryana on a build-own-operate basis. 25-Year Deal to Supply 10,000 Tonnes Annually to IOC An important
With the goal of producing 60 GW of renewable energy capacity by 2032, the state-owned National Thermal Power Corporation Limited was given permission to invest INR 20,000 crore by the Cabinet Committee on Economic Affairs, which was chaired by Prime Minister Narendra Modi. Furthermore, the Cabinet granted a unique
A landmark $53.5 million contract with GE Vernova’s steam power services division has been secured by Azad Engineering. This deal, which stretches over six years, calls for the supply of highly engineered rotating and stationary airfoils used in nuclear, industrial, and thermal power applications. Azad Engineering is largely
Shell is looking into the feasibility of buying BP, which has sparked speculation about what could be one of the biggest mergers in the oil and gas industry. Bloomberg says discussions have been started by Shell with advisers who are looking into the strategic and financial upsides that such a
In recent weeks, crude prices have confronted a pressure that seems unending, falling to levels not seen in four years. The energy market, which had been relatively stable, even and predictable a few months ago, has been turned upside down by a combination of weakening consumption indicators, rising stockpiles, and
By 2030, the government wants to have 250 million smart meters. With an order book of 23 million through February 2025, AESL has emerged as a major player in this initiative.
Sterling and Wilson Renewable Energy Ltd. (SWREL) has obtained three new green energy projects.
A consortium led by TPG, a leading worldwide alternative asset management company, has agreed to buy a 90% share in Siemens Gamesa's onshore wind turbine generator manufacturing operations in Sri Lanka and India. Without revealing the purchase value, Siemens Gamesa stated in a statement that it will keep
Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised INR 100 crores in funding from private equity investors. This strategic investment will propel the company's rapid growth, expand its manufacturing capabilities, drive research and development, and scale
Adani Green Energy Ltd. (AGEL), in order to build the largest solar-wind hybrid renewable cluster in India in Rajasthan, said it had successfully refinanced its first construction facility with an outstanding balance of USD 1.06 billion from 2021. The biggest renewable energy provider in India, AGEL, revealed this development
👨💻 StartupTalkers
One name that carries excellence in corporate and philanthropic contributions is Azim Premji. The man who transformed this small vegetable oil company into the largest IT service firm in the world was formerly the Chairman of Wipro Limited. Besides, he is widely known as a philanthropic giver and has been
One of the most well-known companies in the solar solutions sector, Solarium Green Energy, is preparing to go public with its SME IPO on February 6, 2025. Through this offering, the company would raise around INR 105.04 crore, or $12.5 million. For the business, it is a crucial
Tata Power Delhi Distribution Limited (Tata Power-DDL) and electric vehicle (EV) startup Baaz Bikes have signed an agreement to install EV battery swapping stations throughout north and northwest Delhi. According to a news agency, the battery swapping supplier will be in charge of planning, acquiring, installing, and maintaining these stations,
👨💻 StartupTalkers
Waaree Energies Ltd. stands at the forefront of India’s solar energy sector, driven by a commitment to delivering sustainable, high-quality solar solutions across the globe. Established as a leader in solar photovoltaic (PV) module manufacturing, Waaree has a vision to reduce carbon emissions and enhance the quality of life
Orington & Partners teams up with Meliora Advisory to seize the booming $42 billion renewables market in India by 2032. This powerful alliance aims to accelerate growth and innovation in energy and mining, driving India toward its ambitious 500 GW renewable energy target. Orington & Partners, an Australian-headquartered international firm
According to an update with the markets regulator on October 28, 2024, Sebi has given the go-ahead for NTPC Green Energy, the company's renewable energy division, and Avanse Financial Services Ltd, an NBFC with an emphasis on education, to raise money through initial public offerings (IPOs). Through first
The government of Rajasthan and Tata Power, the biggest integrated power firm in India, have inked a Memorandum of Understanding (MoU) for a substantial investment of INR 1.2 lakh crore to overhaul the state's electricity industry. Senior Rajasthani government officials, together with Chief Minister Bhajan Lal Sharma
📰 News
In today’s fast-paced world, energy is at the heart of everything – from the cars we drive to the cities we power. For over 140 years, ExxonMobil has been at the forefront of fueling that energy responsibly and sustainably. With operations in more than 60 countries, their team of 62,
After ten years, the Government of India's "Make in India" campaign has demonstrated its effectiveness in stimulating investment, encouraging creativity, and developing top-notch infrastructure to turn India into a center for manufacturing, design, and innovation. It still has a major influence on the nation's
The Central Electricity Authority (CEA) is making major gains in addressing the growing need for large-scale energy storage in the nation's power grid, which is a landmark step towards attaining India's goals as it pertains to renewable energy. Continuing its dedication to ensuring sustainable energy in
The proposal of the Ministry of Power to modify the scheme of budgetary assistance for the cost of Enabling Infrastructure for Hydro Electric Projects (HEP) with a total outlay of INR 12461 crore was approved by the Union Cabinet which was led by Prime Minister Narendra Modi. The framework would
In order to significantly increase coal production, decrease reliance on imported coal, and introduce cutting-edge technology into the mining sector, the Ministry of Coal has embarked on a transformative initiative to revolutionise coal mining. This initiative involves engaging Mining Developers cum Operators (MDOs) for major coal mine projects under the
WorldAtlas has published a list of the top ten largest coal mines in the world, and the Gevra and Kusmunda coal mines, which are owned by South Eastern Coalfields Limited (SECL) and are located in Chhattisgarh, India, respectively, come in at number two and four. These two mines, which are
👨💻 StartupTalkers
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Chevron. All over the world, people are raising concerns about the environment and the damage it has suffered. In such times the energy and power
👨💻 StartupTalkers
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Bharat Petroleum. The most important global industry is the oil and gas industry as they use Earth's resources to generate their source of
💹 Finance
The Oil and Gas Industry has been playing a vital role in the development of the Indian Economy as well as being a crucial sector among the eight core industries in India. Apart from the agricultural, Automobile, Chemical, and other major industry sectors, the oil & gas industry lobbying an
👨💻 StartupTalkers
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Royal Dutch Shell. The United States itself utilised an estimated 20.5 million barrels of petroleum per day in 2018, according to the US Energy
📰 News
Indian Oil Corporation Limited or Indian Oil is one of the largest Indian government-owned Oil and Gas Companies. The company was founded in 1959 and is currently the largest commercial oil and petroleum enterprise in India. IOCL ranks 151st position in Fortune Global 500 list and 2nd in Fortune India
📰 News
The Electric Vehicle industry is expected to boom in the next 5 years in India with a lot of companies coming up with EV vehicles both 2 wheelers and 4 wheelers. Even the global EV giant Tesla has entered into the country. Recently Tata Motors and Tata power have jointly
Video Conferencing Platforms
The COVID-19 pandemic has adversely affected the market and economies of all the countries. This pandemic has now become a problem for all types of businesses. Growth outlooks for many economic sectors have been slashed due to this COVID-19 pandemic. The present situation is such that the petroleum, chemical, and