TrueAlt gets OMC status, plans 100 retail outlets
TruAlt Bioenergy gains approval as an oil marketing company. The company plans to launch 100 retail outlets. These outlets will be located in north Karnataka and south Maharashtra. Vijay Nirani shares the company’s plan to offer petrol, diesel, E93, bio-CNG, EV charging, and battery swapping. […]
oil-&-gas Petrol’s popularity runs out of gas in FY25 as CNG's market share more than triples in 5 years
Car buyers in India are increasingly choosing compressed natural gas (CNG) vehicles due to high fuel prices and more options in a slow market. The share of CNG models in passenger vehicle sales rose from 6.3% in 2019-20 to 19.5% last fiscal, overtaking diesel cars. […]
oil-&-gas GAIL operates Dabhol LNG terminal in monsoon for the first time, receives LNG ship
GAIL’s Dabhol LNG import terminal in Maharashtra, with a capacity of 5 million tonnes per year, has commenced full-capacity operations following the completion of a breakwater. This allows uninterrupted, year-round LNG imports, even during the monsoon season.
oil-&-gas
India can increase imports of shale gas, LNG, crude from US: Official
India aims to diversify its import basket by increasing purchases of shale gas, LNG, and crude oil from the US, leveraging lower prices. Trade talks are scheduled amidst uncertainties like potential tariff hikes, with India prioritizing a balanced, mutually beneficial agreement. Both nations are targeting […]
oil-&-gas Oil India's subsidiary to build major aviation fuel plant in Odisha under expansion push
Numaligarh Refinery Limited (NRL) is planning to establish a 200 KTPA aviation fuel plant in Odisha as part of its net-zero initiative, targeting completion by 2040. NRL is also exploring activated carbon production from bamboo dust, with assistance from IIT Guwahati, and expanding its capacity […]
oil-&-gas ONGC says losing money in Assam, counters protesting employees
ONGC faces financial strain in Assam. Low production and high manpower contribute to losses. Employee protests arise over overtime payment discontinuation. ONGC defends its local hiring and community investments. Medical facility changes aim to curb misuse. Despite challenges, ONGC commits to Assam through CSR initiatives. […]
oil-&-gas Oil India commences natural gas production from Bakhri Tibba block in Jaisalmer
Oil India Limited starts natural gas production at Bakhri Tibba block. The block is near the India-Pakistan border in Rajasthan. Hardeep Singh Puri announced the start of production. The gas production has reached 67,200 standard cubic meters per day. The gas is supplied to GAIL […]
oil-&-gas Chennai Petroleum to set up retail fuel outlets; commits Rs 400 crore capex
Chennai Petroleum Corporation Ltd, an IndianOil Group company, is venturing into establishing retail outlets for petrol and diesel during its Diamond Jubilee year, investing ₹400 crore.
oil-&-gas Hydrocarbons found in Brahmaputra’s North Bank, says Oil India CMD
Oil India Limited (OIL) has identified the presence of hydrocarbons in Kobochapori, located on the North Bank of Brahmaputra, and is assessing its commercial viability through further surveys and drilling. OIL is also analyzing seismic data from the entire North bank to explore additional drilling […]
oil-&-gas Bihar slashes VAT on aviation turbine fuel to 4% to boost air connectivity
The Bihar Cabinet has approved a significant reduction in the value-added tax (VAT) on aviation turbine fuel (ATF), lowering it from 29% to 4%. This decision, aimed at attracting more commercial flights under the Regional Connectivity Scheme, is expected to reduce air ticket prices and […]
oil-&-gas Torrent Power inks lNG supply pact with BP Singapore
The LNG procured under this agreement will be strategically utilised by TPL, including to operate its 2,730 MW combined cycle gas-based power plants (GBPPs) in India to meet the country’s increasing power demand, support peak demand periods and balance the renewables.
oil-&-gas PNG connection: Gas discoms to be fined for missing targets
City gas companies may face penalties. The PNGRB is concerned about the slow pace of household connections. Many firms missed their PNG connection targets. Some achieved as little as 2% of their goals. CNG infrastructure expanded rapidly. Companies focused on CNG due to higher profits. […]
oil-&-gas
AI power demand rapidly escalating
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure. In my latest research, published in the academic journal Joule today, I show that AI systems were responsible for up to 20% of global data center power demand by the end […]
Power
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure.
In my latest research, published in the academic journal Joule today, I show that AI systems were responsible for up to 20% of global data center power demand by the end of last year. Moreover, this share could approach half of data center power demand by the end of this year, as the power demand of AI systems could rise to 23 gigawatts. This exceeds the current power demand of cryptocurrency mining and is equivalent to twice the power needed to keep my home country the Netherlands running.
Big tech companies are well aware of this trend, as companies such as Google even mention having faced a “power capacity crisis” in their efforts to expand data center capacity. At the same time, these companies prefer not to talk about the numbers involved. Google was the only big tech company revealing that AI represented 10%–15% of their total energy use over the years 2019 – 2021, but since ChatGPT kicked-off the AI-hype we’ve never seen anything like this again. As a result, it remains virtually impossible to gain a good insight into the actual energy consumption of AI.
By diving into semiconductor manufacturing (concentrated in East Asia), a bunch of (Chinese) analyst reports and earnings call transcripts I found a way to shed some light on where the power demand of AI is heading – and it turns out this growing at lightning speed. This growth clashes with other social ambitions, such as achieving climate goals and reducing total energy consumption. However, effective policy responses will first require urgent transparency from an otherwise opaque industry.
The full article can be accessed for free during the next 50 days through the following link: https://authors.elsevier.com/a/1l8Ke925JEVNpG
DOI: https://doi.org/10.1016/j.joule.2025.101961