Page 12 - S Dinakar

Indian Oil, RIL tap Iraqi oil wells amid surging cost of Russian Urals

This reflects India's growing reliance on Russian grades while balancing them out with purchases from Iran suppliers

After lower sales in August, Russia ups discount on crude sale to India

Higher discounts on Russian oil this month may help Indian refiners reduce crude sourcing costs and trim fuel marketing losses even as Brent crude crosses $95/barrel, weakening the country's finances

India's green hydrogen ambitions ride the coat-tails of Chinese equipment

India's ambitions for green hydrogen are riding the coat-tails of Chinese equipment, with Beijing's global stranglehold on the green hydrogen business now extending to New Delhi

Russian supply cuts, low discounts top India's woes from soaring oil prices

That leaves Indian state oil companies caught in the crosshairs of higher oil prices, supply cuts, impending elections and growing losses

India's Russian crude imports decline sharply in Aug to lowest in 7 months

Shipments of Russian oil to India dropped to 1.6 million barrels per day (bpd) in August from 2.1 million bpd in July, the steepest month-on-month drop

India's overdrive to trim fuel output investments threatens supply security

Oil ministry's plans involve a rapid exit from fuels without considering implications, writes S Dinakar

Indian purchases of Russian crude slump by record 25% in August

Shipments of Russian oil to India dropped to around 1.5 million barrels per day (bpd) in the first 12 days of August from around 2 million bpd in entire July, according to data

Surging prices: Indian refiners push the envelope on Russia crude oil

With Urals crude prices on the rise, refiners are negotiating for bigger discounts and alternative currencies for payment

Indian refiners stock up Urals crude oil before Russian supply cut

Import of this grade of crude jumps 14% in a month to record high

Price pressures deflate gas use equations, put $2 trn investments at risk

City gas distribution (CGD) utilities were among the first to feel the impact of rising fuel prices on demand last year after customers deserted them for alternative fuels

How will India cope with Urals breaching the EU-denominated price cap?

Urals crude has passed the trading price cap imposed by the G7 but supplies to India may sail through largely unscathed. Here's why

How fuel price mirage has eroded India's credibility among investors

Lack of oil pricing reform is yielding supernormal profits for state-owned companies but hindering global majors from investing

India's natural gas ambitions tripping even though imported LNG prices fall

The slowdown could impact India's net zero targets

Slight pause: India's crude oil imports from Russia decline in June

India paid around $70 per barrel in May for Russian crude on a delivered basis, according to Indian Customs data

India's top oil companies slide on net-zero goals to slash emissions

They have ambitious targets, but are still to outline how they'll get there or their funding plans

A crude shock from Moscow: Testing times for India's energy security

Russia now accounts for a little less than half of India's oil imports but the current political instability raises serious questions about the long-term reliability of supply

How FAME scheme changes impact electric vehicle fortunes in India

Sharp cutbacks in the incentive scheme is likely to put the brakes on this market

India's import of discounted Russian crude hits all-time high in May

Russian oil supplies exceeded the combined shipments of the next six biggest shippers, including Iraq, Saudi Arabia, Mexico, UAE, Kuwait and the US in May

India's fuel price paradox: Global prices lower but pump rates still high

Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers

Entire E2W supply chain under stress as govt stance on subsidy hardens

Uncertainty over direction of govt policies is slowing investments and purchases; vehicle and ancillary makers need 5-year policy perspective to take investment calls, say industry experts