Minister Puri announced last month that ONGC is poised to commence gas production from its deep-water field in the Krishna-Godavari block ‘KG-DWN-98/2’ off the eastern …
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INDUSTRY NEWSLatest News
TotalEnergies and SSE join forces to dominate UK and Ireland’s EV Fast-Charging market
French oil giant TotalEnergies and UK power firm SSE announce joint venture ‘Source’ to capture 20% of the EV fast-charging market in Britain and Ireland.
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Lower interest rates typically reduce borrowing costs, potentially boosting economic activity and oil demand.
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INDUSTRY NEWSLatest News
Moving Tech raises USD 11 mn in pre-series funding round
by Biplab Dasby Biplab DasThis round was led by Blume Ventures and Antler, with significant participation from Google and other investors.
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Italy and Spain support EU’s proposed tariffs on Chinese-made electric vehicles, potentially influencing the final decision.
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INDUSTRY NEWSLatest News
UK Labour government accelerates solar power initiatives following election victory
by Biplab Dasby Biplab DasThis rapid action marks a significant shift from the previous administration’s policies and signals Labour’s commitment to green energy.
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INDUSTRY NEWSLatest News
Archer and Southwest Airlines team up to revolutionise commutes with eVTOL technology
by Biplab Dasby Biplab DasThis collaboration aims to significantly reduce airport commute times and environmental impact by integrating electric vertical takeoff and landing (eVTOL) aircraft into Southwest’s operations.
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INDUSTRY NEWSLatest News
Airbus increases 20-year jetliner demand forecast, highlighting growth in wide-body jets
Airbus categorises its demand forecasts into single-aisle planes, the most widely sold models, and wide-body jets used for longer trips.
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The strengthening dollar, buoyed by the aftermath of a failed assassination attempt on US presidential candidate Donald Trump, exerted pressure on oil prices.
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INDUSTRY NEWSLatest News
Global electric vehicle sales rise amid regional disparities
by Biplab Dasby Biplab DasChina accounted for over 60% of the total global sales, with strong performance from domestic automaker BYD playing a key role.