
India Exceeds 200 GW Milestone in Renewable Energy Production

SCI Joins PSU Refiners to Operate Joint Crude Tanker Fleet
Shipping Corporation of India Ltd (SCI) has signed a Memorandum of Understanding (MoU) with three state-owned refiners to jointly operate a fleet of crude oil tankers, strengthening India’s energy security.Under the agreement, SCI, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) will acquire, own, operate and manage vessels collectively, according to SCI’s regulatory filing.“These vessels will serve both international trade and coastal transport of petroleum, petroleum products, petrochemicals and other hydrocarbon..

ONGC Takes Control of Cambay CB-OS/2 Block After Vedanta PSC Denial
Oil and Natural Gas Corporation (ONGC) is assuming control of the CB-OS/2 Cambay basin block following the government’s refusal to extend the production sharing contract (PSC) filed by Vedanta, the block’s operator.On September 19, the Union Ministry of Petroleum and Natural Gas informed the contractor parties—Vedanta, ONGC and Tata Petrodyne—that Vedanta’s PSC extension application had not been approved. In a separate communication, ONGC was directed to take charge of all data, assets, operations and responsibilities linked to the block as the government nominee. The company confirm..

UGEL to Expand LNG Network with Rs 900 Crore Investment
Ultra Gas & Energy Ltd (UGEL), part of the Essar group, will invest Rs 900 crore to expand its liquefied natural gas (LNG) retail network to 100 outlets across India, capitalising on the growing shift towards clean fuels in long-haul transportation.The Mumbai-based company currently operates six stations along key freight corridors in Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu. These outlets, located in industrial and logistics hubs, provide reliable access to LNG, a cleaner alternative to diesel.As part of its energy transition strategy, UGEL is also investing in an LNG fle..