Global commodity traders Vitol and Trafigura are in discussions with Indian and Chinese refiners for Venezuelan crude oil sales, with deliveries expected in March. These efforts follow agreements with the U.S. government to market stranded Venezuelan oil, aiming to resume exports halted since 2019.
Maruti Suzuki India has partnered with Indian Oil Corporation to offer vehicle service facilities at select fuel stations nationwide. This collaboration aims to enhance customer convenience by providing routine maintenance and minor repairs at accessible locations, expanding Maruti Suzuki’s extensive service network and integrating automotive care with energy services.
GAIL India Limited is participating in the #NonStopZindagi campaign. This initiative promotes Piped Natural Gas and Compressed Natural Gas across India. The campaign aims to increase natural gas usage by 2030. It highlights benefits like safety and cost savings. The drive will use digital and on-ground methods to reach consumers.
Oil prices remained stable as investors weighed potential supply disruptions from Iran’s intensifying protests against efforts to resume Venezuelan oil exports. Rights groups report over 500 deaths in Iran, with at least 1.9 million barrels of its oil exports at risk. Meanwhile, companies are scrambling to secure ships for Venezuelan crude, with initial shipments expected…
The Indian Biogas Association is urging the government for a Rs 10,000 crore fund in the upcoming budget. They propose increased capital subsidies for compressed biogas production. The association also advocates for a mandatory blending of fermented organic manure in fertilizers. These measures aim to boost the biogas sector, create rural income, and support green…
As 2026 begins, oil is no longer just a traded commodity — it is once again a weapon of geopolitics. From Venezuela’s re-emergence as a strategic battleground to the Arctic’s thawing frontiers and Greenland’s growing importance, global powers are moving to secure future energy and resource dominance.
The resolution plan submitted by the consortium was approved by the National Company Law Tribunal in November, the central government company informed the exchanges.
India is keenly observing a proposed law in the US that may impose substantial tariffs on countries purchasing Russian oil. New Delhi asserts that its energy decisions are shaped by global market dynamics and the need to provide affordable resources for its population.
Reliance Industries is seeking United States approval to resume buying Venezuelan crude oil. This move comes as India faces pressure to reduce its imports of Russian oil. Reliance representatives are in discussions with U.S. departments for authorization.
The discom said that the peak was registered at 10.39 am on Friday, surpassing the last five years’ winter maximum demand of 5,655 MW and its two utilities — BRPL and BYPL — successfully met peak demands of 2,508 MW and 1,209 MW, respectively, in their supply areas.