Fossil fuels generate less than half of US electricity for first month ever, says energy think tank

Fossil fuels accounted for less than 50% of the U.S. power mix for the first month on record in March, according to energy think tank Ember on Friday, driven by a near-quarter rise in wind and solar power generation.

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L&T incorporates arm to develop green hydrogen projects

Larsen & Toubro’s subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant's successful commissioning of its first green hydrogen plant in Gujarat.

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Biggest challenge for net-zero norms is energy storage systems: Report

The transition to a net-zero emission world requires a complete transformation of energy systems to move away from fossil fuels toward renewable energy sources like solar, wind, and hydro.

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Oil slides on new US ‘Liberation Day’ tariffs, OPEC+ meeting

​The move by OPEC+ to boost supply in May is opportunistic and capitalizes on the expected stagnation in non-OPEC production, according to Rystad Energy’s Global Head of Commodity Markets - Oil, Mukesh Sahdev.

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Developing countries' climate targets at risk without enough finance from developed world: India

At the BRICS Environment Ministers' meeting in Brasilia, Brazil, India strongly advocated for climate justice and equity and said that the success of this year's UN climate conference depends on whether developed nations fulfil their climate finance commitments.

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Gasoline demand to peak by 2035, diesel by 2041, Reliance executive says

India is set to lead global oil demand growth this year, surpassing China, with fuel consumption expected to increase throughout the next decade.

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Carbon transition-linked social bonds emerge as key theme in global sustainable finance: Moody’s

Carbon transition is emerging as a key theme in global social finance, with issuers increasingly integrating workforce reskilling and other transitional elements into their sustainable bond frameworks, according to Moody’s Ratings.

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CEA assessing scope for replacing imported coal with domestic supply at ICB plants: Coal Secy

The government is exploring blending domestic coal with imported fuel at 17 imported coal-based (ICB) power plants across India with a cumulative capacity of nearly 18 GW, to reduce dependence on imports, Union Coal Secretary Vikram Dev Dutt said on Thursday.

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FY25: Petrol consumption up 7.3%, diesel by 2%, LPG use grows 5.3%

Petrol consumption in India rose 5.34 per cent year-on-year to 3,501 thousand metric tonnes (TMT) in March 2025 from 3,324 TMT in March 2024, according to data released by the Petroleum Planning and Analysis Cell (PPAC).

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India adds 25 GW renewable energy in FY25, total non-fossil capacity reaches 222.86 GW

The total installed power generation capacity in the country stood at 483.26 GW as of March 31, 2025.

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EU carbon norms may cost Indian steelmakers $116 per tonne by 2034

The rising costs pose a challenge to India’s position in the global steel export market, with Europe accounting for 25% of Indian steel exports.

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