KSERC Drafts Amendment To Extend Reduced License Fee For KSEB Under 2025 Regulations

Representational image. Credit: Canva The Kerala State Electricity Regulatory Commission (KSERC) has issued a draft regulation proposing amendments to the conditions of the license for existing distribution licensees. The amendment…

Oil Falls on White House Clash, Tariffs, Iraq Exports

Summary • Brent, WTI head for first monthly drop in three months• Iraq to announce resumption of oil exports from Kurdistan region HOUSTON, Feb 28 (Reuters) – Oil prices fell…

US Drillers Add Oil and Gas Rigs for Fifth Week in a Row, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm…

US Crude Oil Production Rose to Record High in December, says EIA

(Reuters) – U.S. crude oil production rose to a record 13.491 million barrels per day in December, up from 13.314 million bpd in November and the prior all-time high of…

India’s Crude Oil Imports From Russia at Two-Year Low

The U.S. sanctions on Russia’s oil trade have led to a slump in Indian imports of Russian crude, which have plunged to a two-year low in February, per data from……

Restart of Kurdistan Oil Exports Still in Limbo

Despite assurances from the federal Iraqi government that the resumption of oil exports from Kurdistan is imminent, the foreign oil firms operating in the semi-autonomous Iraqi region said on Friday……

Malaysia and India’s Top Think Tanks Signed MoU to Advance Green Economic Cooperation

Representational image. Credit: Canva A major transformation is unfolding in Asia’s green economy. The Institute of Strategic & International Studies Malaysia and the Council on Energy, Environment and Water, two…

US Natgas Prices Ease to Two-Week Low on Record Output, Mild Weather

Extreme cold so far this year, however, has already forced energy firms to pull huge amounts of gas out of storage, including record amounts in January, cutting stockpiles to around…

UK Energy Secretary Signals China Pivot

UK’s energy secretary is reportedly scheduled to travel to China next month in a bid to forge a closer relationship with the country, despite it being seen by previous governments……

Commodity Trading Giant Vitol Downsizes China Coal Business

Vitol Group, the commodity trading giant, is reducing its thermal coal trading business in China that it has recently acquired, sources familiar with the plans told Reuters on Friday.…