Industry Giants Join Hands for Low-cost Hydrogen Electrolyzer

Advanced Ionics, the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5 million Series A financing...

Covestro Advances Polyurethane Dispersions Capabilities with Completion of Shanghai Facility

Covestro has completed construction on a new production facility for polyurethane dispersions (PUDs) in Shanghai, China. The new facility is expected to greatly address...

India’s Oil Imports from Russia Temporary Decline

In August, India's demand for Russian oil temporarily decreased due to the monsoon season. India, which is the world's third-largest oil consumer, reduced its...

Government Allocates Funds for Energy Storage

The government has granted a budget of ₹3,760 crore to establish a battery energy storage system, addressing India's escalating energy demands and striving to...

NVIDIA and Reliance Forge Strategic Partnership to Accelerate AI Advancements in India

NVIDIA has announced strategic partnerships with Indian conglomerates such as Reliance Industries and the Tata Group, aimed at advancing various aspects of AI technology...

TotalEnergies Exploring Investment opportunities in Adani Green’s Projects

TotalEnergies is reportedly in discussions to invest in renewable energy projects developed by Adani Green Energy Ltd. TotalEnergies is considering acquiring stakes in various...

Glenmark Pharmaceuticals Sells Stake in GLS to Nirma Ltd

Glenmark Pharmaceuticals has agreed to sell 75 percent of its stake in Glenmark Life Sciences (GLS) to Nirma Limited for ₹5,651 crore. This deal...

Nuberg EPC Bags IOCL’s Propylene Purification Package Contract

Nuberg EPC, an engineering, procurement and construction (EPC) company, has bagged the Propylene Purification Package (PPP) contract from Indian Oil Corporation Ltd. (IOCL) for...

Transition to Green Hydrogen Could Impact India’s Refining Sector

Transitioning from grey hydrogen to green hydrogen in India's refining sector could result in a combined impact of approximately $3 per barrel on the...

thyssenkrupp nucera and Neste Ink Deal for Water Electrolyser

thyssenkrupp nucera and Neste are collaborating on a project to incorporate a 120 megawatt (MW) water electrolyzer into Neste’sPorvoo refinery in Finland. Neste, producer...

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