IL&FS Mutual Fund Invests ₹125 Crore in Hero Solar Energy to Support Renewable Expansion

IL&FS Mutual Fund has committed an investment of ₹1.25 billion (₹125 crore) in Hero Solar Energy, providing fresh capital to support the company’s renewable energy operations and financial restructuring. The…

PPC and Metlen Launch 1.5 GW Battery Storage Venture in Southeast Europe

Public Power Corporation (PPC) and Metlen Energy and Metals have signed a joint venture agreement to develop, construct, and operate up to 1,500 MW / 3,000 MWh of battery energy…

Analyst Flags ‘Incredible’ Oil Price Moves

In a market comment sent to Rigzone on Monday morning, Aaron Hill, Chief Market Analyst at FP Markets, noted that, as of early trading this morning, both WTI and Brent…

Kuwait Shuts Production, Qatar Warns Oil Could Hit $150 in Weeks

Oil prices could soar to as much as $150 per barrel within two to three weeks if the critical Strait of Hormuz remains off limits for tankers, Qatar’s Energy Minister…

U.S. Gasoline Surges to Highest Under Trump as Iran War Roils Oil Market

The national average price of gasoline in the United States has jumped to the highest level seen during either of President Donald Trump’s terms in office, per GasBuddy data, as…

Oil Prices Surge Past $100 as Iran Names New Supreme Leader

Oil prices surged in early Asian trading on Monday, breaking above $100 per barrel for the first time in nearly four years as the Iran conflict escalated and Ayatollah Mojtaba…