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iFOREST releases ESG benchmark of steel sector

iFOREST releases ESG benchmark of steel sector

iFOREST released an ESG benchmark and GHG framework for India's steel sector. This aims to attract climate finance for greening initiatives, crucial as steel production targets 255 mt by 2030, requiring Rs 9 lakh crore investment.
Gasoline margin firm at $14/bbl

Gasoline margin firm at $14/bbl

Asia's gasoline refining profit margin remained firm at $14/bbl on Monday. Tight supply-demand dynamics continued to support market sentiment, keeping the margin largely unchanged.
Diesel softens further amid caution around rising supply

Diesel softens further amid caution around rising supply

Asia's diesel markets softened further, with timespreads and cash premiums lower, driven by weakening ICE gasoil markets and rising supply concerns.
India and Mongolia Forge a New Energy Axis

India and Mongolia Forge a New Energy Axis

India and Mongolia deepen energy ties with a $1.7 billion refinery project, aiming to meet 50-66% of Mongolia's oil demand. Cooperation extends to critical minerals like coking coal and copper, fostering a new Global South energy axis.
Next Metro phase digs deep with 4 new stations

Next Metro phase digs deep with 4 new stations

Delhi Metro's Phase-IV will add 4 new underground stations in central and east Delhi, costing Rs.175.6 million. Bids are due by January 12, 2026, to boost connectivity and ease congestion.
Tamil Nadu govt alleges discrimination as Centre rejects metro projects

Tamil Nadu govt alleges discrimination as Centre rejects metro projects

Tamil Nadu alleges Centre's discrimination after metro projects for Coimbatore (15.84 lakh) and Madurai (15.01 lakh) were rejected due to population criteria (20 lakh). DMK cites approvals for BJP-ruled states, while Centre points to TN's debt and policy.
Natural Gas - Thoughtful Journalism About Energy's Future

Natural Gas - Thoughtful Journalism About Energy's Future

U.S. associated natural gas output rose 6% to 18.5 Bcf/d in 2024, boosting chemical feedstock. Yet, American and Canadian households face rising energy bills, with U.S. winter heating costs up 28%, due to increased demand and export growth.
Securing Green Digital Prosperity

Securing Green Digital Prosperity

India must secure green digital prosperity by boosting exploration and strategic tie-ups for energy and critical minerals. The National Critical Minerals Mission aims to build domestic value chains, enhancing GDP contribution for technological sovereignty.
KSERC ordered to remove power surcharge ceiling

KSERC ordered to remove power surcharge ceiling

Kerala govt ordered KSERC to remove the 10 paise/unit power surcharge ceiling, potentially raising tariffs. This directive, under Section 108, aims to meet Centre's conditions for 0.5% GSDP additional borrowing for FY 2025-26.
Government to introduce revenue support, buyback clause in new highway contract to push private investmen

Government to introduce revenue support, buyback clause in new highway contract to push private investmen

Govt to revise highway contracts with revenue support for traffic shortfalls (>10%), toll period extensions (max 10%), and project buyback if traffic exceeds design capacity (e.g., 50,000-60,000 vehicles/day). Lenders get >80% repayment on termination.

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