Adani Group said on Thursday it is evaluating “remedial and punitive action” under US and Indian laws against short-seller Hindenburg Research. The US-based research group on Tuesday accused the conglomerate of improper use of offshore tax havens. Its report led...
India’s oil processors are open to buying even more Russian crude if the price is right, said refinery executives, potentially providing a bigger outlet for Moscow almost a year after its invasion of Ukraine.The South Asian nation increased Russian oil...
South Korean officials said on Thursday the government plans to double energy vouchers and cut gas prices for underprivileged families because heating bills have soared amid a prolonged cold wave. The Korean Peninsula, northern China and Japan have been...
Italian motorists endured a day of disruption when petrol station operators shut fuel pumps in protest at what they say is prime minister Giorgia Meloni’s attempt to blame them for rising fuel prices.Italy’s rightwing government has accused pump owners of...
More than a month after Arun Kumar Singh was appointed chairman of India's largest oil and gas producer ONGC, the retired BPCL head is also the CEO of the company now, according to a stock exchange filing by ONGC. Oil...
India’s enforced ban on coal burning around New Delhi to fight worsening air pollution has forced local industries to shift to biomass. Approximately half of the small industries surrounding the Indian capital now use biomass, up from 15% in...
Green power supplies surpassed electricity generated by coal and fossil fuels for the first time ever on the east coast of Australia in the last quarter of 2022, according to a report by the Australian Energy Market Operator on...
An Australian battery company has made a preliminary bid for collapsed UK battery producer Britishvolt as it seeks to capitalise on closer ties forged between Australia and the UK over the past year to rescue the business. David Collard, founder...
Victorian-era “palliser” projectiles were designed to pierce the armour of an enemy. An activist fund of the same name has achieved that end against its target, Capricorn Energy. Palliser believes that the proposed $866mn acquisition by Israel’s NewMed Energy undervalues...
Indian Oil Corporation has lined up investments of over Rs 2,200 crore in Tamil Nadu in the next two years towards taking up major grassroots and expansion projects in the state, a senior company official said on Tuesday. The projects...
