India aims to achieve 100 GW atomic power by 2047. The government plans to amend laws to encourage private sector investment in nuclear energy. These changes address global concerns about liability. The goal is to meet global benchmarks and become a developed nation. India is also expanding nuclear power capacity significantly.
Several oil tankers carrying Russian crude are currently stationed off India’s western coast, facing scrutiny amid pressure from the US and EU. These tankers, including sanctioned vessels like the Achilles and Destan, are waiting to discharge at Sikka, serving major refiners. India’s increased reliance on Russian oil imports has drawn attention, prompting concerns and potential…
The Donald Trump administration has issued a short-term waiver allowing countries to continue buying sanctioned Russian oil loaded on ships until May 16, aiming to stabilise global energy prices amid the US-Israeli war on Iran.
The recent decline in oil prices was unexpected, Kuwait’s Oil Minister Tariq Al-Roumi said on the sidelines of the Organization of Arab Petroleum Exporting Countries’ (OAPEC) ministerial meeting in Kuwait.
India is poised to increase its reliance on West Asian oil suppliers like Saudi Arabia, the UAE, and Iraq, as the US intensifies pressure on Russian crude imports. This shift comes as discounts on Russian oil narrow and the US imposes higher tariffs. While Russian oil imports will continue, India aims to diversify its sources…
In March, household LPG sales experienced a notable 8 percent decline, largely attributed to state oil companies adjusting their supplies amid diminished imports due to the ongoing Iran conflict. Meanwhile, commercial LPG usage plummeted dramatically by 48 percent, and bulk LPG distribution to industries faced an alarming drop of 75.5 percent.
In May, India’s oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have not yet reached the robust numbers seen in February. Natural gas supplies saw a notable upswing, going past pre-war levels.
India’s fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are impacting travel and consumption. Oil companies have increased petrol and diesel prices. Prime Minister Modi urged fuel saving. Analysts predict a substantial cut in India’s refined products demand forecast for 2026.
India’s oil security framework has come under renewed scrutiny following the escalation of tensions in West Asia in 2026, which disrupted global energy markets and exposed vulnerabilities in the country’s import-dependent energy system, according to a report by Carnegie India.
India is preparing to resume sending ships through the Strait of Hormuz to pick up oil and energy cargoes from Middle East suppliers for the first time since the Iran conflict began. State-run Shipping Corporation of India is ready to restart operations in the Persian Gulf once it receives approval from the Indian Navy and…