Energy Sector News

Russian President Vladimir Putin delivers a blunt warning to the United States and the West over sanctions targeting Russia’s energy sector. Putin highlights Russia’s significant role in global oil markets, noting that cutting Russian oil supply could sharply raise global energy prices. He emphasizes that the balance of production and consumption is delicate, and attempts to disrupt it may backfire on those imposing sanctions. Putin also stresses the importance of investing in traditional energy sources and signals that Russia remains confident and stable despite economic pressure. Key Topics Covered: - Russia’s role in global oil production - Impact of US and EU sanctions on energy markets - Potential spike in global oil and petroleum prices - Putin’s message to the US and international partners

The Ministry Of Power Just Came Out With The Report, Which Ranks The States Based On How Well Their Energy Efficiency Programs Are Doing. The Report Tells Us A Lot About How Different States Are Doing In Their Efforts To Meet Energy Efficiency And Sustainability Goals. #energyefficiency #seeindia #stateenergyeficiencyindex #ministryofpower #bee #mint Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

India is currently going through a graded exit from a stringent lockdown, reopening the economy as it tries to save both lives and livelihoodsIn the peak of the crisis, Brent crude fell to a 20-year low, while the West Texas Intermediate fell below zero on dwindling storage

India’s energy sector has held firm in the face of the Covid pandemic, despite disruptions in multiple ways. The country’s robust and time tested supply chains have ensured that there were no supply side shocks in the domestic energy markets even as the entire nation’s population moved indoors. But with demand dipping, the recovery of the sector will depend a lot on increasing operational efficiencies. India’s foremost energy experts discuss the issue in Mint’s Pivot or Perish panel discussion on the Energy sector.

Formed along the lines of FIPB, the proposed REIPFB will address issues faced by the renewables sectorGovt is concerned its clean energy trajectory may be hit with banks wary of lending

For the first time, world’s leading energy institution predicted that demand for oil will stall at the turn of the next decadeGrowth in world oil demand will dwindle from about 1 million barrels a day, or 1%, currently to roughly 100,000 a day in the 2030s

Keeping in view the strategic importance, the sources said, the government decided against closure of BSNLMany departments and agencies, including the RBI, have been involved in the exercise

Andhra says Centre needs to create confidence in the minds of the states which handle central projectsthe AP govt’s move to renegotiate PPAs has sent the wrong signal to global investors

In poor financial health, discoms have delayed payments to gencos even as the Centre steps up efforts to supply round-the-clock power to allThe mounting outstanding dues to the generators had the potential to dent India’s image as a clean energy champion

In this week's edition of Policy 101, we decode the Union Cabinet's recent decisions regarding fuel retail and their impact on the energy market in India. Swati D'Souza, researcher on climate & energy issues, explains the effects the reforms are expected to have, especially in the context of the current situation in the domestic as well as global energy sector.