New Delhi: Tariffs for older petroleum product pipelines will increase 17% next month and rise 3.4% annually from next year to account for inflation and to ensure a reasonable return to operators, the Petroleum and Natural Gas Regulator Board (PNGRB)...
Forests and other land ecosystems pushed out almost as much carbon dioxide as they absorbed in 2023, a development which will pile the pressure on governments trying to stick to global warming targets, the New Scientist reported. Heatwaves, droughts...
Stay informed with free updatesSimply sign up to the Mining myFT Digest -- delivered directly to your inbox.The Australian government has intervened to block a renewed attempt to mine under Kakadu National Park in the country’s Northern Territory, all but...
Mangalore Refinery and Petrochemicals Ltd (MRPL) has issued an expression of interest to sell around 240,000 metric tons (1.89 million barrels) of jet fuel term supplies starting September, three sources said on Friday. The state-owned refiner is looking to sell...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The partnership between state-owned GB Energy and the Crown Estate, unveiled by energy secretary Ed Miliband on Thursday, is being touted as...
A China-led bloc of four newly industrialised countries said rich countries needed to pay up “trillions of dollars” in climate finance, adding that developed countries were “backtracking” on their earlier pledges. “Historical emissions and the use of the world’s...
The Power Ministry has said that the coal based thermal power capacity plan requires Rs 6.67 lakh crore investment to meet estimated electricity demand by the year 2031-32. Generation planning studies have been carried out by Central Electricity Authority (CEA)....
Stay informed with free updatesSimply sign up to the UK energy myFT Digest -- delivered directly to your inbox.The UK’s fledgling state-owned energy company will work with the Crown Estate to support the development of offshore wind and other clean...
Monday was the hottest day ever recorded on planet Earth, say scientists, as temperatures hit heights not seen since humans first developed agriculture, AP News reported. Provisional satellite data, published by Copernicus on Wednesday, showed that Monday broke Sunday’s short-lived record...
India's monthly oil imports from its biggest supplier Russia slipped marginally in June while those from the United States rose to the highest since Feb. 2022, data obtained from the industry sources showed. India is the world's third-biggest oil importer...
