Trump pick for energy czar cd upend fuel prices
Synopsis XM Australia CEO, Peter McGuire, cautions traders to brace for market volatility in the coming months, citing potential impacts of US-China trade tensions and President Trump’s energy policies. McGuire suggests Brent crude prices could drop as low as $65 if geopolitical factors remain stable,...
States told to meet green energy purchase obligation
New Delhi: The power ministry has asked states that are not following renewable purchase obligations to strictly follow their renewable consumption trajectory and meet their targets. The directive was given after it was observed that some states fell short of their targets in FY23 and...
EKI Energy to provide carbon credit services to Azerbaijan-based FARI Solutions
EKI Energy Services on Monday said it will provide carbon credit services for clients of Azerbaijan-based FARI Solutions as part of an agreement. Its responsibilities will include conceptualisation, documentation, verification, issuance, and trading of carbon credits, Indore-based EKI said in a statement. Carbon credit —...
‘Clean energy shift won’t hit RIL’s oil biz’
NEW DELHI – Reliance Industries Ltd will continue to operate its refineries and petrochemical projects profitably, even as fossil fuel demand wanes due to a gradual global shift to clean energy, Chairman Mukesh Ambani said on Friday. “We have already put in place a comprehensive...
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