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• India witnesses renewed spurt in oil and gas exploration: Petroleum Minister Puri

  Petroleum Minister Hardeep Singh Puri announced a surge in India's oil and gas exploration, particularly offshore, driven by opening 'No-Go' areas in 2022.

  

• Global coal mine additions fall to decade low in 2024, yet oversupply risk looms from China

  While construction slowed in China and India, future projects, especially in China, still pose an oversupply risk. Proposed mines could exceed 2 billion tons per year, jeopardising climate targets requiring significant coal production cuts.

  

• After CEO, three more directors, HSE head quit Rosneft-backed Nayara Energy

  Several top executives have left Nayara Energy. This includes directors and senior personnel. The resignations follow EU sanctions on the Rosneft-backed company.

  

• Reliance signs joint operating agreement with ONGC, BP for Saurashtra block

  Reliance Industries, ONGC, and BP Exploration have formed a joint operating agreement to explore Block GS-OSHP-2022/2 in the Saurashtra Basin. ONGC will operate the block, awarded under the Hydrocarbon Exploration and Licensing Policy.

  

• Value of India's crude imports from Russia surges significantly at a CAGR of 96% during FY20-FY25: Report

  In a significant shift, Russian oil now dominates India's crude basket, accounting for about 35 per cent of total imports in Financial Year (FY) 2025, it was mere just 2 per cent in FY2020.

  

• India and Taiwan were leading buyers of Russian naphtha in June, LSEG data shows

  In June, India and Taiwan emerged as the primary destinations for Russian seaborne naphtha exports, driven by competitive pricing and robust domestic demand. India's imports reached 250,000 tons, while Taiwan doubled its intake to 234,000 tons.

  

• SAEL Industries arm commissions 50 MW solar project in Maharashtra

  Solar RE Power, a SAEL Industries subsidiary, commissioned a 50 MW solar plant in Maharashtra's Beed district. The plant will generate over 100 GWh of clean electricity annually, using high-efficiency TOPCon bifacial modules.

  

• Till June, 11,400 MW of renewable energy procurement tenders have been cancelled

  Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik said this in reply to a question in the Rajya Sabha.

  

• Over 15 GW grid-connected rooftop solar systems installed in five years: MoS Shripad Naik

  As of June 30, 2025, India’s total non-fossil fuel-based electricity generation capacity reached 242.78 GW
  

  

• VFlowTech, IIT Delhi join hands to extract vanadium from refinery waste

  VFlowTech partners with FITT at IIT Delhi to research vanadium recovery from petcoke, aiming to establish India's first circular vanadium ecosystem.

  

• L&T’s hydrocarbon offshore arm secures over ₹15,000 order from Middle East

  Under this, the firm will undertake EPC and installation of multiple offshore structures

  

• Portugal to invest $466 million to boost grid management, battery storage after outage

  ​They include 137 million euros ($159 million dollars) of investments in the country's electricity grid, increasing the number of ‘black start’ power stations and reinforcing critical infrastructure such as hospitals with solar panels and batteries.

  

• Russia-backed Indian refiner Nayara trims crude runs in wake of EU sanctions, sources say

  Nayara Energy, an Indian refiner backed by Russia, has scaled back operations at its 400,000 bpd refinery due to recent EU sanctions. These sanctions, implemented on July 18, have complicated the export of refined products, leading to storage challenges.

  

• NCLT allows Jagan's plea to cancel transfer of Saraswati Power shares to sister, mother

  ​In the petition filed on September 3, 2024, Jagan had sought the National Company Law Tribunal (NCLT) to cancel, annul and nullify the transfer of shares held by him and Bharathi in the company and sought reinstating their names in Saraswati Power and Industries Pvt. Ltd.

  

• India’s green steel demand to soar to 179 mt by 2050: EY Parthenon

  Automotive, infrastructure and construction sectors to power the surge in green steel demand

  

• ONGC, BP, RIL sign joint operating agreement for Saurashtra basin block

  The consortium, with ONGC designated as the operator, is set to undertake exploratory activities aimed at assessing and harnessing the hydrocarbon potential of the region

  

• Use of listed solar cell mandatory after one month of publication of ALMM list

  This measure aims to ensure producer reliability, protect consumer interests, and bolster energy security

  

• BARC, NPCIL unveil India’s first private test facility for depleted heavy water upgradation

  The new testing facility will help overcome the challenge of delayed deliveries by decentralising the nuclear supply chain

  

• Andhra CM meets Singapore Minister Leng to boost ties in green energy

  Naidu also sought support from Singapore firms for green hydrogen projects, transmission corridors, and port infrastructure, highlighting Andhra Pradesh's initiatives and inviting investments in these sectors.

  

• Adani Green shares climb over 3% after Q1 earnings

  The company's stock edged higher by 2.93 per cent to settle at ₹1,004.55 on the BSE. During the day, it jumped 3.86 per cent to ₹1,013.65.