India’s crude imports fell as West Asia disruptions hit supplies, with average intake dropping to 4.4 million barrels per day in April 1–26, about 15% below February levels. However, steady flows from Saudi Arabia and higher shipments from the UAE helped offset some of the shortfall, alongside renewed imports from Iran and Venezuela and continued…
The government has said it is not considering any proposal to raise petrol or diesel prices from May 1, according to a petroleum ministry official. The clarification comes amid speculation of an imminent fuel price hike after key state elections, which has led to panic buying and long queues at fuel stations in some areas.
India is exploring incentives for induction cooktops. This move aims to transition households from LPG to solar electricity. The government is discussing support under the PM Suryaghar Muft Bijli Yojana. This initiative seeks to boost the adoption of electric cooking. Tax cuts and reduced import duties are also being considered to make these appliances more…
The Centre has rejected Andhra Pradesh’s plea to supply diesel at retail prices for Amaravati’s construction. Union Petroleum Secretary Neeraj Mittal stated the request violates petroleum rules. He urged the state to withdraw the directive, emphasizing that retail outlets are not licensed for bulk supply. The state government plans to discuss the issue further with…
Southeast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly hard to come by. Officials attribute the shortage to logistical issues. The anticipation of rising fuel prices post-regional elections has heightened public anxiety.
India assures citizens that retail fuel prices will not increase. A senior government official stated there are no current plans to revise petrol and diesel rates. Supplies of LPG, petroleum, and diesel remain sufficient. Steps are being taken to minimize disruptions from the West Asia crisis. Domestic LPG and PNG consumers, along with CNG transport,…
India’s aggressive ethanol blending program, aimed at reducing crude oil imports, is raising concerns for vehicle owners. Vehicles designed for E10 fuel may experience a 1-2% drop in mileage with E20 blends, impacting millions manufactured between 2012 and March 2023. Automakers are urging tax incentives to offset this, while the government signals further intensification of…
Global oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and April. Spare production capacity was unavailable. Global oil inventories declined significantly. Oil prices are not at extreme levels. The Middle East, Asia, and Africa saw the biggest demand drops. Petrochemicals and…
In a statement on Monday, NPCIL said, “A significant stride in India’s journey towards energy security and sustainability! Nuclear Power Corporation of India Limited (NPCIL) has achieved a major commissioning milestone at Kudankulam Nuclear Power Project, Unit-3 with the successful commencement of ‘Spillage to Open Reactor’ on 25 April 2026.”
India’s AI future hinges on infrastructure and energy, with Visakhapatnam emerging as a key digital gateway. Jeet Adani highlighted India’s structural advantage in trust, execution, and abundant energy, crucial for powering AI’s massive electricity demands. The Adani Group’s $100 billion commitment to green energy and data centers will fuel this AI-led growth.