global energy

March 19, New Delhi – The Bharat Electricity Summit 2026, India's leading platform for the power and electricity sector, commenced in New Delhi today.The summit showcases India's leadership, scale, and innovation in renewable energy, storage, and power infrastructure, highlighting the nation's...

March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...

Washington, March 13 – The United States has temporarily allowed countries to purchase Russian oil stranded at sea, a move that comes days after Washington granted a similar waiver to India as it seeks to stabilize global energy markets amid rising geopolitical tensions.Treasury Secretary...

March 12, New Delhi – The International Energy Agency’s decision to release 400 million barrels of oil from global reserves has already had a significant impact on energy markets, which remain in a critical state following the closure of the Strait of Hormuz, said Executive Director Fatih Birol...

Washington, March 7 – US Treasury Secretary Scott Besant indicated that Washington could temporarily ease some restrictions on Russian oil supplies and allow India to continue purchasing to stabilize global energy markets during the ongoing Middle East conflict.In an interview with Fox...

Washington, March 6 – The United States has “reached out to India” to purchase Russian oil currently stored in floating storage in southern Asia as part of a short-term effort to ease pressure on global oil markets, US Energy Secretary Chris Wright said in an interview with ABC News.The...

Mumbai, March 5 Corporate earnings in India could face downside risks if the ongoing Iran conflict persists for more than a few weeks, as higher oil and gas prices threaten to weigh on the economy and markets, according to a report by Kotak Institutional Equities."We expect some downside risk...

New Delhi, March 2 (PT) Asian countries are the most vulnerable to disruptions in oil and gas supply through the Strait of Hormuz, with Japan facing the highest risk, followed by South Korea and India, according to international research group Zero Carbon Analytics.The Strait of Hormuz lies...

Moscow, February 18 Russia's Foreign Ministry said on Wednesday that it has "no reason" to believe that India has changed its position on buying Russian oil, which it said is beneficial for both countries and maintains stability in the global hydrocarbons market.The remarks came in the...