Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions
Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU sanctions linked to its significant stakeholder, Rosneft. Several ...
Energy security: Global crude oil prices have remained relatively stable, says Hardeep Singh Puri; India eyes geothermal push
Petroleum Minister Hardeep Singh Puri stated that global crude oil prices remain stable despite geopolitical tensions, indicating sufficient energy resources worldwide. India is actively engaging ...
From big plans to bottlenecks: Refining expansion falters, capacity up just 5%; import dependence grows
India’s oil refining capacity has significantly underperformed, growing only 5% against a targeted 69% increase, hampered by climate concerns, land scarcity, and pandemic disruptions. This ...
Coal to clean power: 10 retired thermal plants to go nuclear; 100 GW goal set for 2047
India is considering converting 10 decommissioned thermal power plant sites into nuclear facilities to boost its nuclear energy capacity to 100 GW by 2047. The ...
Gail-Oil India deal: Oil India Ltd to sell natural gas for 15 years; will supply 9 lakh standard cubic metres a day
Oil India Ltd. and Gail have solidified their partnership with a 15-year agreement for natural gas supply from Oil India’s Rajasthan field. Effective July 1, ...
Domestic gas price up 5% in July on Israel-Iran conflict impact
Natural Gas Prices Rise: Geopolitical Tensions Squeeze Indian Consumers The aroma of your morning chai might soon come with a slightly steeper price tag. Starting ...
India’s thermal coal intake from Russia hits 2-year high: Report
India’s thermal coal imports from Russia surged 52% in May 2025, reaching a two-year high due to competitive pricing and higher-grade coal. While Russian coal ...
‘Hopefully will purchase plenty from US…’: Donald Trump says China can buy Iran oil, but wants it to purchase from America; will it listen?
Following an Israel-Iran ceasefire, President Trump suggested China could continue purchasing Iranian oil, though the White House clarified this wasn’t an easing of US sanctions. ...
Strait of Hormuz: Oil supply not an issue for India; ‘pricing is a bigger concern,’ what experts say
Despite escalating Middle East tensions and rising crude prices, experts believe oil supply through the Strait of Hormuz will likely remain unaffected. While India has ...
Israel-Iran tensions: India has adequate energy supplies, says Union minister Puri amid rising crude prices; citing energy strategy trilemma
Following the recent surge in global crude prices due to escalating tensions in the Middle East, Petroleum Minister Hardeep Singh Puri has assured that India ...
