The Ministry of Petroleum and Natural Gas refutes claims that E20 petrol significantly reduces fuel efficiency, asserting the impact is marginal, around 1-6%, and can be mitigated with proper engine tuning. The ministry highlights E20’s environmental benefits, improved engine performance, and contribution to energy security by reducing crude oil imports, saving India over Rs. 1.40…
Donald Trump’s threat to hike tariffs on Indian exports over its Russian oil imports isn’t likely to move the needle in New Delhi. India, driven by domestic needs and economics, isn’t ditching cheaper Russian crude anytime soon. Behind the posturing lies a bigger story, about energy security, shifting alliances, and a clash between political theatre…
Less than a week after the US announced a 25% tariff on imports from India “plus a penalty”, Trump on Monday again raised the issue of India buying oil from Russia and profiting from it, adding that he would be “substantially” raising the tariff “paid by India to the USA”.
Despite US pressure and potential punitive actions, India continues to import Russian crude oil. Several tankers discharged millions of barrels at Indian refineries over the weekend. This indicates that these deliveries are proceeding as usual. Refineries like Reliance and Nayara are key recipients, highlighting India’s reliance on discounted Russian oil.
Indian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle East. This purchase follows a pause in buying Russian crude due to narrowing discounts. The bought crude includes US West Texas Intermediate Midland, Canada’s Western Canadian Select, and Abu Dhabi’s Das oil.
India has opted not to direct its oil refiners to cease purchasing Russian oil, as officials carefully navigate the complexities of energy demands alongside diplomatic relations with US. While refiners have the flexibility to procure from preferred suppliers, Trump has openly criticised India for its ongoing partnership with Russia.
BSNL and Numaligarh Refinery Limited (NRL) have signed an agreement to deploy India’s first 5G captive non-public network in the refinery sector. This collaboration aims to establish secure, ultra-reliable, and real-time industrial connectivity, leveraging indigenous 5G infrastructure for mission-critical operations. The partnership is expected to create replicable models for other industrial sectors, supporting India’s digital…
India is importing more crude oil from United States. There has been a significant increase since January 2025. Imports have risen by 51% compared to last year. The value of these imports has also increased substantially. India is also importing more LPG and LNG. Discussions are underway for a long-term LNG contract.
Oil market experts predict Brent crude oil prices will likely surge to USD 80 per barrel due to escalating US-Russia tensions threatening global oil supplies. Potential sanctions and tariffs on countries trading with Russia, initiated by the US, could further inflate prices. Disruptions in Russian oil flow could push prices even higher, potentially reaching USD…