Oil Giants Own Just 1.5 Per Cent Of Global Renewables

15 Oct 2025 CW Team

The world’s largest oil and gas producers are involved in less than 1.5 per cent of renewable energy projects globally, according to a new study by researchers at the Autonomous University of Barcelona, Spain.

The study examined 250 of the world’s biggest oil and gas companies, which together account for 88 per cent of global hydrocarbon production, and assessed their participation in 3,166 renewable energy projects, including wind, solar, hydro, and geothermal ventures.

“We find that the largest 250 oil and gas companies only own about 1.42 per cent of global renewable energy capacity currently in operation,” the authors wrote in the study published in the journal Nature Sustainability.

The findings highlight the limited role of fossil fuel majors in the global energy transition, underscoring that despite public commitments to sustainability, most major producers remain heavily invested in hydrocarbons while contributing minimally to renewable capacity expansion.

The research adds to growing calls for accelerated diversification in the energy sector as nations push towards net-zero emissions and greater climate accountability from legacy oil and gas companies.

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..