JANROHLANDER

Oil India reports natural gas presence in second Andaman offshore well

Fri, 05 Jun 2026 09:01:30 +0000

Oil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block to confirm hydrocarbon presence. The discovery is a positive indicator for future exploration in the area. OIL is currently processing seismic data for further appraisal well drilling.

‘Kudankulam Nuclear Power Plant now being constructed’: Vladimir Putin sees India-Russia trade reaching USD 100 billion

Fri, 05 Jun 2026 06:37:37 +0000

Speaking on the sidelines of the St Petersburg International Economic Forum on Thursday (local time) Putin said Moscow and New Delhi were aiming for more ambitious economic targets as trade between the two nations continues to grow. “We are not only talking about our plans in energy, including nuclear energy. Kudankulam Nuclear Power Plant (KKNPP) is now being constructed,” he said.

Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh Puri

Fri, 05 Jun 2026 05:29:28 +0000

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This move is part of India’s strategy to diversify energy sources amid disruptions to global oil supplies caused by the West Asia conflict. Venezuela’s vast oil reserves make it a key player in India’s efforts to secure stable crude supplies.

India set to hike biogas prices, subsidies under new program

Fri, 05 Jun 2026 04:20:56 +0000

India is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies will encourage new plant development. This initiative aims to reduce carbon emissions and reliance on imported fossil fuels. The policy seeks to expand operational biogas plants from around 200 to 700.

India to launch E85 fuel today in push for flex fuel mobility

Fri, 05 Jun 2026 03:12:35 +0000

India is launching E85 fuel on Friday. This is an 80-85% ethanol-blended petrol. The move aims to boost flex fuel mobility across the nation. Minister Hardeep Singh Puri will attend the launch event in New Delhi. Automakers like Maruti Suzuki and Hero MotoCorp are already introducing flex fuel vehicle variants.

Govt’s new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation Ministry

Thu, 04 Jun 2026 14:31:32 +0000

A new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for both domestic and international airline operations. This replaces the previous capped-price system, aiming to stabilize fuel costs for airlines amid West Asia crisis volatility.

Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri

Thu, 04 Jun 2026 12:18:53 +0000

India is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly reduce the country’s reliance on imported fossil fuels. The government plans to increase the number of these stations to 500 by the end of 2026 and anticipates 5,000 by 2027. This move supports cleaner fuel alternatives and boosts farmer income.

Nayara Energy completes scheduled Vadinar refinery turnaround

Thu, 04 Jun 2026 07:09:14 +0000

Nayara Energy has finished its scheduled maintenance at the Vadinar refinery. This critical work involved thousands of personnel and heavy equipment. The refinery, India’s second-largest, is now back online. Nayara ensured fuel supplies remained uninterrupted across its network during the shutdown. The company focused on safety, efficiency, and reliability. This project strengthens India’s energy security.

Petrol, diesel price hikes in India remain ‘very minor’ compared with global peers: Hardeep Singh Puri

Thu, 04 Jun 2026 06:59:26 +0000

India’s fuel price hikes are minor globally, with the nation ranking second lowest. This stability stems from a focused energy strategy. The government balances energy security with affordability. India is promoting ethanol blending and flex-fuel vehicles. This transition is structural, accelerating cleaner energy adoption across millions of vehicles. Such moves align with India’s long-term energy roadmap.

More oil escapes Hormuz, keeping traders guessing

Thu, 04 Jun 2026 06:25:05 +0000

Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is widespread. This makes it harder to gauge market flows. Oil on water in the Gulf has dropped. This shows outflows are inching higher. The market may not return to normal.