Venezuela's heavy, acidic grades are a poor replacement for higher-quality Russian variants, which are now declining in India's crude oil basket due to US pressure
India has agreed to buy $500 bn worth of US energy products and other goods as part of a trade deal. This won't be easy, for India has been diversifying its sources
Lower crude prices, strong refining and marketing margins may help state oil companies double dividends to the government in FY26 despite geopolitical risks
Shipping and production data show Russian crude exports since November exceeding available non-sanctioned supply, with Indian and Chinese refiners absorbing most of the excess flows
This comes amid the International Energy Agency forecasting a supply this year of 4 million barrels per day, equivalent to 70 per cent of India's oil demand
India is the world's third-largest emitter of methane but lacks clear policy direction and mechanisms to track and mitigate the gas, which is far more potent than carbon dioxide in global warming
India has gained the least since Russia invaded Ukraine in February 2022 and was penalized the most, while the US, China and the European Union emerged as the biggest beneficiaries from the war
Vikram Solar Chairman Gyanesh Chaudhary says consolidation is under way in renewables, with capacity expansion, upstream investments and plans to explore the us market despite sector headwinds
Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks
Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India
