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In a significant move to intensify economic pressure on Russia amid the ongoing Ukraine conflict, the European Union has introduced a fresh round of sanctions that, for the first time, directly affect an Indian entity.On July 18, 2025, the EU announced additional restrictions targeting Nayara Energy Ltd, a major refinery in India linked to Rosneft, the Russian energy giant.“For the first time,
Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assetsBP has agreed a deal to sell off its onshore wind business in the US as the oil multinational turns its back on renewable energy after a failed attempt t…
Exclusive: Letter signed by 59 MPs criticises party’s deputy leader after his warning to energy firms over new contractsUK politics live – latest updatesA group of nearly 60 Labour MPs has written to Richard Tice challenging the Reform UK deputy leader…
India has issued a sharp rebuttal to recent remarks by NATO Secretary General
Mark Rutte, who warned of "100 per cent secondary sanctions" on countries such
as India, China, and Brazil should they continue commerce with Russia amid the
ongoing Ukraine conflict.
The confrontation was triggered after Rutte, speaking alongside US Senators in
Washington, urged these nations to "
Industry says party’s threat to strip wind and solar subsidies if it enters power undermines national interestBusiness live – latest updatesBritain’s green energy industry has accused the Reform UK party of undermining the national interest by threaten…
Iran’s oil production declined slightly in June amid Israel’s war against the country, despite an overall increase in output by major oil producers, according to the latest data from the Organization of the Petroleum Exporting Countries (OPEC).
NATO Secretary General Mark Rutte has heightened tensions in the ongoing Russia-Ukraine conflict by announcing that the alliance will impose “100% secondary sanctions” on any country continuing to trade oil and gas with Russia.With this unprecedented threat coming just days after U.S. President Donald Trump’s sharp escalation in rhetoric and policy against Moscow, the spotlight is now firmly on
Former Indian diplomat KB Fabian has sharply criticised NATO Secretary General Mark Rutte for his recent warnings of possible secondary sanctions on countries such as India, China, and Brazil over their continued trade ties with Russia.Fabian described Rutte’s remarks as “talking through his hat,” asserting that neither Rutte personally nor his office has any authority to impose such sanctions.
India has initiated an ambitious strategy to convert 10 retired or decommissioned thermal power plants into nuclear power units as part of its mission to achieve 100 GW nuclear capacity by 2047, marking a transformative step in the nation’s energy transition.This move leverages the existing land, water, and electrical infrastructure at these sites, aiming to reap substantial cost and logistical
Pittsburgh event angers climate groups as Trump ties AI expansion to oil and gas, sidelining renewable energyDonald Trump will join big oil and technology bosses on Tuesday at a major artificial intelligence and energy summit in Pittsburgh, outraging e…