Although the nation's transition from fossil fuels to cleaner sources is expected to be slower than that of other regions, cheap electricity from renewable energy sources like solar energy can help it become a green hydrogen leader.
The International Energy Agency (IEA) has identified the recent decision by OPEC+ to reduce oil production as a potential risk to the global economy, citing concerns that it could further drive up already high prices, leading to increased import costs for nations like India.
India is moving to the centre stage of the global energy market and will replace Russia as the world’s third largest refiner by the early 2020s, a top official of the International Energy Agency has said.
Paris: The International Energy Agency (IEA) on Tuesday said it predicts the price of Brent oil to remain at an average of $55 a barrel throughout 2015.The IEA, in a report titled "Medium-Term Oil Market
Paris: The International Energy Agency (IEA) is maintaining its forecast of a weak increase in global oil demand this year, pointing out that the demand might increase slightly in 2015.In its monthly report released Friday,
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