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…
Numaligarh Refinery Limited (NRL) has been granted Navratna status, recognizing its strong performance and ambitious growth. This achievement is linked to its ongoing refinery expansion and the recently inaugurated bamboo-based bioethanol plant, driving energy security and green growth from Assam. The company is significantly increasing its capacity with a substantial investment.
Nayara Energy, an Indian refiner backed by Russia, has scaled back operations at its 400,000 bpd refinery due to recent EU sanctions. These sanctions, implemented on July 18, have complicated the export of refined products, leading to storage challenges. Consequently, at least two tankers avoided planned loadings, and a tanker carrying Russian crude was rerouted…
A 27-year-old tanker, believed to be a ‘zombie vessel’ using a scrapped ship’s identity, is heading to Venezuela. This tactic helps Venezuela, crippled by sanctions, export its oil, primarily to China. Despite a fraction of its former output, Venezuela’s continued shipments are prompting the US to pursue physical disruption of its oil trade.
The Power Ministry’s recent dialogue with the India Energy Stack taskforce marks a significant step towards innovation in India’s energy sector. During this meeting, key strategy and architectural documents were scrutinized, laying the groundwork for a cohesive, safe, and interoperable digital ecosystem.
India’s imports of Russian crude oil surged 4% in November to a five-month high of €2.6 billion, making it the second-largest buyer behind China. Refined fuels produced from this crude were significantly exported to Australia, with Jamnagar refinery’s shipments to the country increasing by 69%.
India’s growing defence and data centre sectors face a critical need for reliable power. A recent policy dialogue explored Small Modular Reactors (SMRs) as a solution. Experts highlighted SMRs’ potential for clean, uninterrupted electricity, crucial for mission-critical operations and energy security. Addressing cost, regulation, and safety are key for wider adoption of this technology.
Tata Power is taking significant strides in its pursuit of nuclear energy. Currently, negotiations are underway with three states regarding its upcoming projects. Anticipation builds as a comprehensive project report is slated for release within the next six months. Additionally, Tata Power is teaming up with NPCIL to bring these nuclear initiatives to fruition.
India will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per litre for petrol, 13.5 rupees for diesel, and 9.5 rupees for ATF. These revisions are made fortnightly based on international crude oil and fuel prices.
India’s power demand is set to increase by approximately 6 percent this financial year. This rise is driven by anticipated El Nino conditions, which will likely bring hotter weather and less rain. Steady economic growth and a low base from last year also contribute to this projected surge in electricity consumption.