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3 mins read

Global electricity demand is forecast to grow by around 4% in 2024

The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…

ANI   


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India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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1 min read

Renewable power demand will triple in the next 7 years amid AI boom, energy CEO says

As AI continues to boom, data centers will need more power. NextEra Energy Inc.'s CEO thinks renewa…

Kelly Cloonan   


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2 mins read

OPEC+ extends major oil production cuts until 2025 to stabilise market

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group …

ANI   


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Free solar electricity to mobile nuclear plants — major sustainability initiatives announced in Budget 2024!

The new Union Budget focuses on energy security with free electricity, nuclear advancements, and gr…

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says

As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…

Filip De Mott   


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Adani Group to invest 100 billion US dollars in energy transition, manufacturing green energy capability: Gautam Adani

Adani group will invest more than USD 100 billion (around Rs 835 crore) in energy transition projec…

PTI   


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Investments in renewables, roads, and realty to surge 38 pc over FY25-26 to Rs 15 lakh crore: Crisil

According to Krishnan Sitaraman, Senior Director and Chief Ratings Officer at CRISIL Ratings, the m…

ANI   


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Goodbye, EV range anxiety? Indian-origin researcher unveils technique to fully charge electric vehicles within minutes!

The research, which leverages the movement of tiny charged particles called ions, holds immense pro…

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Oil's resilience: Defying decline amidst electric vehicle surge, global demand hits record highs

According to a report by Morgan Stanley, the dichotomy between the rise in electric vehicle purchas…

ANI   


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4 mins read

What were some of the initial controversies and concerns surrounding the ongoing Dubai COP28 climate summit?

World leaders have once again, for the 28th time, congregated to discuss climate change — this time…

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2 mins read

Global fossil fuel demand is likely to peak this decade as the clean energy economy grows, IEA says

The clean energy sector has struggled recently, but remains "the most dynamic aspect of global ener…

Aruni Soni   


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Coal's share in India's power generation capacity drops below 50% for 1st time since 1960s

Coal's share, including lignite, in India's total power generation capacity dropped below 50 per…

PTI   


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A millennial who switched from working on oil rigs to wind turbines says he's been promoted faster in renewable energy

Shaun Mitchell advanced from a wind technician to a supervisor within a few years after leaving the…

Catherine Boudreau   


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4 mins read

Adani eyes 45 GW renewable energy capacity by 2030

Billionaire Gautam Adani's group is building the world's largest renewable energy park in Gujarat, …

PTI   


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1 min read

The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says

Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…

Jennifer Sor   


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Crude oil market at the crossroads — S&P Global Commodity insights unveils in-depth 2024 energy outlook

According to S&P Global, against the backdrop of a turbulent global stage, characterized by economi…

ANI   


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2 mins read

India eyes economic gains as China's stimulus fuels surge in global mining demand

As projected by Fitch Ratings, the neutral sector outlook is buoyed by significant government spend…

ANI   


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AMD set to fuel growing demand for AI compute, says CTO

Marking 55 years of AMD (Advanced Micro Devices), Papermaster in a blog post looked back on fiv…

PTI