Indian oil refiners, the top buyers of Russian crude, are exploring alternative sources like Azerbaijan, Nigeria, and the UAE amid fresh EU sanctions on Moscow. While no major shift has occurred yet, purchases from less typical suppliers suggest early diversification. Sanctions on a Russian-linked Indian refiner and tightening global trade dynamics are prompting a reassessment…
The oil ministry has rejected calls to lower the price of ethanol-blended petrol, stating that ethanol’s procurement cost is now higher than petrol. While ethanol has lower energy content, potentially reducing fuel economy, the ministry argues that efficiency drops are marginal, especially in vehicles designed for ethanol blends.
India is rapidly increasing its use of piped natural gas. This shift is happening as disruptions affect cooking gas supplies. Many new PNG connections are being made. Households and industries are encouraged to switch. This move offers a more convenient alternative. LPG supplies are being managed. Efforts are underway to speed up pipeline installations.
India has requested the United States to extend its waiver on Russian oil imports. This comes as the ongoing conflict in the Persian Gulf impacts global energy supplies. India emphasises that securing energy supplies remains a top priority for its citizens. Indian refiners are increasing Russian oil imports before the current waiver expires.
As India faces the ripple effects of the UAE’s departure from OPEC, it is imperative to prioritize energy resilience. While this shift may stir market unpredictability, India’s flourishing relationship with the UAE is a beacon of optimism. Our country is effectively navigating global energy hurdles, with a vision focused on durable solutions to ensure resilience.
As the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by adopting tactics more commonly associated with the oil industry’s “shadow fleet.” LNG carriers are increasingly switching off transponders, travelling in pairs, and making “dark transits” through the chokepoint to reduce the risk…
India’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, according to Centre for Research on Energy and Clean Air. The spike followed a US sanctions waiver, prompting state refiners to resume buying. Russia remained India’s top supplier, while China led overall purchases. Asian…
India is planning a significant expansion of its nuclear energy sector. Experts emphasize the need for new financial strategies and robust risk-sharing frameworks. The SHANTI Act of 2025 is enabling private sector involvement. Accelerating site studies and ensuring long-term fuel supply are crucial steps. These efforts aim to boost clean energy generation and achieve ambitious…
Hindustan Petroleum Corp (HPCL) has launched a tender to procure 10 LNG cargoes for its Chhara import terminal. The deliveries are scheduled between March 2026 and December 2027, with specific monthly requirements outlined for certain months in both years. The tender is set to close on July 21, as the company aims to secure its…
India faces a significant challenge with approximately 1.3 million transformer failures each year. Poor repairs, unbalanced loading, and weather are major culprits. Some northern states report over 20 percent failure rates. Industry experts propose modern sealing and insulation testing. A government committee is reviewing these issues to improve power sector reliability.