India may run a $36 billion trade surplus with the US but incurs a trade deficit in energy, according to the Indian government data
India imported 1.91 million bpd of Russian crude in March, 30 per cent higher than in February and flat from a year earlier
The attrition in US energy flows to India comes even as the US announced a 25% tariff on automobile, and proposed to impose a reciprocal tariff on Indian products from April 2
Oil India's output is expected to decline by 21 per cent to 66,000 bpd by 2029-30 from 84,000 bpd next financial year, according to the report
Brazil's market-driven fuel pricing allows flexible fuel blending
IETA estimates that by 2030, the global carbon credit market will be around $300 billion, growing to $1 trn to $1.5 trn by 2050. India is expected to be one of the big sellers
Saurabh Diddi, director at Bureau of Energy Efficiency, explains India's carbon credit trading scheme, which includes mandatory compliance and voluntary offsets, aiming for a 2026 launch
'We have installations of about 6 Gw in solar and 5 Gw in wind energy, and a pipeline of 15 Gw,' said Sumant Sinha, chairman and chief executive officer of ReNew
Rs 5,500 cr Budget provision for ISPRL could be diverted to building SPR facilities or cater to fuel subsidies because India's storages are nearly full
Imports of Russian oil were 280,000 barrels per day (bpd) more than Iraqi oil in February, according to Paris-based market intelligence agency Kpler
Some market participants are impatient, I think. They have got other recognised independent standards which they can use in the interim, said DIRK FORRISTER, president and chief executive of the IETA
Crude oil from the US is a tough buy in today's environment - supplies to India have already dropped by half from 2021 levels
The war provided Prime Minister Narendra Modi's government with an opportunity to reinforce India's strategic autonomy by resisting Washington's pressure to sanction Russia
As cooking gas underrecoveries soar, Centre considers ~40K cr mid-year payout
A sharp rise in LNG prices threatens to unravel India's projected 12% growth in demand for the fuel this financial year
US LNG is usually sold with a Henry Hub plus formulae, which has been used since Cheniere started exporting in 2016
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier
Renewable energy is now the cheapest power source. Companies primarily buy it for cost savings, with environmental benefits as a bonus
The expansion in US LNG capacity could lead to a global oversupply by the decade's end, potentially lowering prices
The petroleum sector contributed Rs 4.32 trillion to the Central exchequer by way of taxes, royalties, and dividends, among others, and Rs 3.19 trillion to the states in 2023-24