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Korea weighs LNG price cap as war spikes costs, KOGAS fears ballooning receivables

Korea weighs LNG price cap as war spikes costs, KOGAS fears ballooning receivables

Korea is reviewing an LNG price cap and settlement changes due to war-driven cost surges, aiming to curb electricity rate hikes. KOGAS fears its 13 trillion won receivables will balloon further.
Israel maintains gas output, exports amid renewed attacks: spokesperson

Israel maintains gas output, exports amid renewed attacks: spokesperson

Israel's energy ministry confirmed on June 8 that domestic natural gas production and exports remain unrestricted despite renewed exchanges of fire with Iran.
Torrent Power Ltd stock (INE095N01031): Renewables push and earnings momentum draw attention

Torrent Power Ltd stock (INE095N01031): Renewables push and earnings momentum draw attention

Torrent Power boosts renewable energy investments, showing growing profits from its integrated power distribution and generation in India. This strategy, focusing on efficiency and diversification, attracts investor interest in the Indian utility sector.
War temporarily withdrawn, fear remains

War temporarily withdrawn, fear remains

Iran-Israel conflict temporarily halted after heated exchanges, but fear persists. Economic crises loom globally due to fuel shortages and supply blockades. India expressed concern, warning citizens, and 24 Indian sailors were rescued from an attacked oil tanker.
"Biden folk turned down PM Modi's direct request" for increased natural gas exports in 2023 amid sanctions on Russian oil: Ex-Trump aide

"Biden folk turned down PM Modi's direct request" for increased natural gas exports in 2023 amid sanctions on Russian oil: Ex-Trump aide

Ex-Trump aide states Biden administration declined PM Modi's 2023 request for increased US natural gas exports, despite India's rising Russian oil imports. This decision is seen as undermining US strategic interests in Ukraine.
Frequent power cuts give sleepless nights to Navi Mumbai residents; spontaneous protests emerge

Frequent power cuts give sleepless nights to Navi Mumbai residents; spontaneous protests emerge

Navi Mumbai residents face sleepless nights due to frequent, prolonged power cuts by MSEDCL, leading to spontaneous late-night protests in areas like Kamothe and Ulwe amid sweltering heat.
Why energy audits could be the most profitable investment for MSMEs

Why energy audits could be the most profitable investment for MSMEs

Energy audits offer MSMEs a profitable investment, with 5-30% energy savings (average 17.5%). 62 audits identified 7,081.62 ToE and ₹651.43 million annual savings, boosting competitiveness and India's energy transition goals.
JandK Small Hydropower Sector welcomes union government’s twin initiatives for sustainable energy development and disaster resilience

JandK Small Hydropower Sector welcomes union government’s twin initiatives for sustainable energy development and disaster resilience

J&K's small hydropower sector welcomes two government initiatives: a Rs 2,584.60 crore scheme to add 1,500 MW capacity, attracting Rs 15,000 crore investment, and expanding glacial lake early warning systems from 30 to 60 sites for enhanced safety.
Meghalaya CM flags off 55 e-buses under PM e-Bus Sewa scheme

Meghalaya CM flags off 55 e-buses under PM e-Bus Sewa scheme

Meghalaya CM flagged off 55 e-buses under PM e-Bus Sewa, including 25 nine-metre and 30 seven-metre vehicles with over 150 km range. This boosts green mobility and accessible public transport.
Electric two-wheeler penetration hits record 9.3% in May as fuel price hikes reshape choices: FADA

Electric two-wheeler penetration hits record 9.3% in May as fuel price hikes reshape choices: FADA

India's electric two-wheeler sales hit a record 9.3% penetration in May 2026, with 1,70,733 units sold, up 62.8% YoY. Fuel price hikes and growing awareness drove this surge, making EVs 11% of all vehicles retailed.

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