India

Suzlon secures 838 MW order from Tata Power Renewable Energy

Indian wind turbine manufacturer Suzlon has secured an 838 MW contract from Tata Power Renewable Energy for a wind project spanning three states, marking its largest order of the 2025–2026 fiscal year.

Canadian exports to China rise on back of expanded TMX pipeline

Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.

Russian Arctic LNG 2 deliveries to Asia to slow this winter

The accelerated arrival of Russian cargoes in China has lowered Asian spot LNG prices, but traffic is set to slow with the seasonal closure of the Northern Sea Route.
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Statkraft sells 1.5 GWp portfolio in India to Serentica Renewables

Statkraft has signed an agreement to sell solar and wind assets in India to Serentica Renewables, marking a strategic refocus on Europe and South America.

Transatlantic rift over Russian oil reduces Indian volumes in October

The divide between the United States and the European Union over regulations on Russian oil exports to India is causing a drop in scheduled deliveries, as negotiation margins tighten between buyers and sellers.

Global wind sector targets 2 TW installed capacity by 2030 despite uncertainties

Driven by China's acceleration, global wind capacity is expected to reach 170 GW in 2025, paving the way for a doubling of installed capacity by 2032.
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Russia increases oil exports from western ports by 11% in September

Russia plans to ship 2.1 million barrels per day from its western ports in September, revising exports upward amid lower domestic demand following drone attacks on key refineries.

StarCharge seals 1 GWh deal in India with Prozeal Green Energy

StarCharge has signed a contract to supply 1 GWh of battery energy storage systems to Prozeal Green Energy, strengthening its presence in the Indian market and continuing its international expansion.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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Coal India launches 5 GW of solar and wind projects across the country

Coal India issues tenders to develop 5 GW of renewable capacity, split between solar and wind, as part of its long-term energy strategy.

1,460 GtCO2: Nature study reshapes allocation of global subsurface capacity

A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.

Indian imports of Russian oil rise 15% in first half of 2025

India increased its purchases of Russian oil and petroleum products by 15% over six months, despite new US trade sanctions targeting these transactions.
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GH2 Solar invests $48.2mn in electrolyzer plant in Gwalior with AHES

GH2 Solar Ltd partners with AHES Ltd to build an electrolyzer plant in Gwalior, targeting 500 MW capacity by 2030 with $19mn government support.

Global solar capacity jumps to 380 GW in first half of 2025

New solar installations rose 64% year-on-year, driven by China, which accounted for more than two-thirds of global deployed capacity.

Aramco and SOMO suspend crude supplies to India’s Nayara Energy

Saudi and Iraqi exporters halted supplies to Nayara Energy, forcing the Rosneft-controlled Indian refiner to rely solely on Russian crude in August.
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Rosatom prepares new nuclear projects in India and Turkey

Russian nuclear group Rosatom has confirmed advanced discussions with India and Turkey to launch new power plants, including advanced and floating reactor technologies.

Fico to meet Putin in China before hosting Zelensky in Slovakia

Slovak Prime Minister Robert Fico plans to meet Vladimir Putin in Beijing before receiving Volodymyr Zelensky in Bratislava, marking a diplomatic shift in his relations with Moscow and Kyiv.

India defends Russian oil purchases amid Western criticism

India’s oil minister says Russian crude imports comply with international norms, as the United States and European Union impose new sanctions.
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India accelerates its nuclear program to join the global top 5

With eleven reactors under construction and major projects such as Jaitapur, India is preparing a nuclear build-up that could place it among the world’s five leading nations in the sector.

India and Japan activate a hydrogen–ammonia corridor with 2030–2040 targets

A cooperation agreement, a bilateral carbon-credit mechanism and converging standards lay the ground for India→Japan hydrogen and ammonia flows, with volume targets, price-support schemes and first export projects scaling up.

Climate: The International Court of Justice Faces Historical Obligations

The historic hearings at the International Court of Justice aim to clarify the legal responsibilities of states in combating climate change, a move initiated by Pacific island nations seeking climate justice.

India Bets on Solar Energy: Khavda, A Record-Breaking Project

India is building the world's largest solar power plant in the Gujarat desert. With 60 million panels and 770 wind turbines, Khavda exemplifies a colossal ambition to address the country's energy and climate challenges.

U.S. Sanctions: Iraq at the Heart of Global Energy Diplomacy

The Trump administration considers sanctions against Iraq to limit Iranian influence. These measures could redefine the geopolitical and economic dynamics of the global energy market.
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Rajasthan: An Integrated Refinery to Boost Petrochemical Demand in India

The new HPCL Rajasthan Refinery Ltd. integrated refinery is set to transform India's petrochemical sector. With an annual capacity of 9 million tons, it aims to reduce petrochemical imports and increase refining margins.

Adani Group: $55 Billion Lost Following Gautam Adani’s Indictment

The Adani conglomerate has lost $55 billion in market capitalization following corruption charges against its CEO, Gautam Adani, in the United States. The case has shaken markets and jeopardized its international partnerships.

2024: A Record Year for Solar Energy in the United States with 32 GW Added

The United States is set to break a record in solar installations in 2024, with 32 GW expected. Massive panel imports and tariff uncertainties are fueling this historic boom in the renewable energy sector.
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India Approves Two Hydropower Projects of 426 MW for $437.6 Million

The Indian government has approved the construction of two hydropower projects in the northeast, totaling 426 MW and an investment of $437.6 million. These infrastructures will generate 1.8 billion units of energy and support the energy transition.

India and Guyana: A Growing Energy Partnership

Indian Prime Minister Narendra Modi’s historic visit to Guyana paves the way for long-term crude oil import agreements, strengthening India’s energy ambitions amidst fierce European competition.

TotalEnergies suspends investments with the Adani Group in India

In response to corruption accusations against Adani executives, TotalEnergies announces the suspension of any new investments with its Indian partner while affirming that it is not involved in the alleged actions.
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Iraq Seeks to Diversify Its Oil Markets Towards Africa and Europe

Iraq explores new markets for its crude oil, targeting Europe and Africa to reduce dependence on China and India, its current main importers.

The Growth of the Petrochemical Market: Increasing Demand for Polymers in Key Industries

The global petrochemical market will reach $685.01 billion by 2031, driven by rising demand for polymers in automotive, packaging, and construction sectors. Asia-Pacific dominates, fostering sustained growth and innovative opportunities.

COP29: Climate Promises Under Tension, Developing Countries Demand More

In Baku, wealthy nations pledge $300 billion annually by 2035 to assist vulnerable nations facing climate challenges. A promise deemed insufficient amid diplomatic tensions and an urgent climate crisis.
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Strategic Alliance Between Russia and Iraq: Stabilizing Oil Prices Through OPEC+

Russia and Iraq strengthen their cooperation within OPEC+ to manage oil price fluctuations. This coordination is crucial for their respective budgets amidst sanctions and heavy reliance on oil revenues.

India: A Carbon Market to Reduce Industrial Emissions

India is preparing to launch an ambitious Carbon Credit Trading Scheme (CCTS) focused on reducing industrial emissions intensity. This initiative, planned for 2026-27, could transform emission management nationwide.

COP29: 25 countries commit to ending the construction of new coal power plants

At COP29 in Baku, 25 nations, including the United Kingdom and Australia, pledged to stop building coal power plants. This initiative aims to curb global warming despite a 2% increase in global coal capacity in 2023.
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Scandal Adani: 20% Stock Drop After CEO Indictment

The Indian conglomerate Adani suffered a record loss on the stock market after the indictment of Gautam Adani in the United States, accused of paying $250 million in bribes for solar projects in India.

Major Deal: Tata Power and Druk Green Partner for 5 GW of Clean Energy in Bhutan

Tata Power and Druk Green Power Corp announce a 5 GW project comprising hydropower, pumped storage, and solar energy, enhancing regional energy security and addressing the energy needs of both India and Bhutan.

China and Suriname Reach $475 Million Debt Restructuring Agreement

Suriname and China have signed an agreement to reschedule $475 million in debt, marking the first step in revitalizing the South American country's economy, which remains in crisis despite its vast oil reserves.
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India’s Oil Demand Rebounds with a 3% Rise in October

India's oil product consumption grew by 3% in October, marking a recovery after the monsoon season, driven by diesel demand and robust vehicle sales during the festive season.

COP29: Japan aligns with the EU on NCQG and takes a neutral stance on CBAM

At COP29, Japan aligns with the EU on climate finance contributions and adopts a measured approach to the Carbon Border Adjustment Mechanism (CBAM), while reviewing its long-term energy objectives.