S Dinakar
S Dinakar
Page 8 - S Dinakar
Why state-run oil companies are spending billions on petchem capacity
Why state-run oil companies are spending billions on petchem capacity, amid oversupply and weak margins
 "Why state-run oil companies are spending billions on petchem capacity")
The petrochemical shift that could quench LPG production thirst
IndianOil's petrochemical strategy is primarily based on utilising captive feedstocks, he said
 "The petrochemical shift that could quench LPG production thirst")
Coal doesn't make sense in today's environment: Avaada group chairman
Mittal has raised $2.6 billion since 2023 from Canadian fund Brookfield and Thailand's state-run oil company PTT group, enabling him to participate and win several bids this year
 "Coal doesn't make sense in today's environment: Avaada group chairman")
Budget 2024: No 'budget' for energy transition is a cause for concern
Withdrawing funds for the initiative to be taken up by oil refiners, who have lost their power to price fuels for the last few years, is a cause for concern
 "Budget 2024: No 'budget' for energy transition is a cause for concern")
Russian oil prevails in India's July imports despite refinery shutdowns
Low discounts fail to impact pecking order; continuing reliance on Russian supplies helps prop up GRMs of refiners
 "Russian oil prevails in India's July imports despite refinery shutdowns")
Need policies to deploy more solar panels: Waaree group Chairman & MD
The world's largest solar panel maker outside China spoke about the challenges and opportunities facing the industry
 "Need policies to deploy more solar panels: Waaree group Chairman & MD")
India's clean air target at risk as gas plan caught in regulatory minefield
New Delhi's ambitious targets to clean its air by decarbonising energy sector will be underpinned by its success in building nascent natural gas segment
 "India's clean air target at risk as gas plan caught in regulatory minefield")
From Jan lows Russian oil rebounds to 45.4% of Indian crude imports in June
Russian volumes have surged amid shrinking discounts for the grades. Discounts averaged $10 per barrel on a delivered basis off Brent crude in mid-2023 compared to over $4 per barrel now
 "From Jan lows Russian oil rebounds to 45.4% of Indian crude imports in June")
Renewable IPOs see boom as investors eye stellar returns in solar sector
The humungous response to the stock of a small, nondescript distributor of solar panels reflects the prevailing craze for such offerings on Indian bourses
 "Renewable IPOs see boom as investors eye stellar returns in solar sector")
Parlous state of Indian refining segment threatens clean energy projects
Govt-run refiners may not be able to aggressively invest in clean energy projects as they stare at a rough road amid dwindling margins, volatile crude prices, shrinking discounts on Russian oil buys
 "Parlous state of Indian refining segment threatens clean energy projects")
India's LNG resurgence may be short-circuited by rising costs of spot fuel
Spot LNG prices in Northeast Asia were at $12.20 per MMBtu, according to US market intelligence agency Energy Intelligence for deliveries four to eight weeks ahead
 "India's LNG resurgence may be short-circuited by rising costs of spot fuel")
Shifting sands: How India's fuel pricing policy evolved over the years
India's progress with decontrol of fuel prices derailed in May 2022-after 12 years, three governments and two reform-driven Prime Ministers-when petrol and diesel rates surged
 "Shifting sands: How India's fuel pricing policy evolved over the years")
OPEC meeting to shape India's Russian oil purchases as May levels stay high
Bloc members led by Saudi Arabia and Russia are holding a ministerial meeting on June 2 to decide the fate of global oil production
 "OPEC meeting to shape India's Russian oil purchases as May levels stay high")
Lack of remunerative rates, policy changes tether ethanol blending
India's ambitious plans for an agri-derived ethanol-fuelled transport sector rest on the twin pillars of remunerative rates and agricultural yields
 "Lack of remunerative rates, policy changes tether ethanol blending")
Iraq closes gap with Russian oil in FY24 as Moscow's discounts shrink
Tightening of US sanctions on Russian shipping coupled with reduced availability of Russian oil due to its participation in the OPEC+ grouping's production cuts has hurt discounts to Indian refiners
 "Iraq closes gap with Russian oil in FY24 as Moscow's discounts shrink")
India biggest importer of seaborne Russian crude in April, beats China
India's appetite for Russian oil revives as cheaper Venezuelan supplies dry up after the US again imposes sanctions on Latin American nation
 "India biggest importer of seaborne Russian crude in April, beats China")
Despite wars in Europe and West Asia, oil shock fears yet to materialise
The peak that Indian crude oil basket has touched since Russia invaded Ukraine in Feb 2022 was in June of the same year pricing at $116.01 a barrel. It has not crossed $100 a barrel after July 2022
 "Despite wars in Europe and West Asia, oil shock fears yet to materialise")
Indian refiners may need a rethink amid shrinking Russian crude discounts
Even after reduction, discounts on Russian crude oil may be contributing $1.5 to $2.5 a barrel to refiners' gross refining margins
 "Indian refiners may need a rethink amid shrinking Russian crude discounts")
Fuelling tensions: West Asian conflict reveals India's oil vulnerability
Iran attacked Israel after an airstrike by Jerusalem on April 1 on an Iranian embassy compound in Damascus killed an Iranian general and six officers
 "Fuelling tensions: West Asian conflict reveals India's oil vulnerability")
Ships in Iran, Venezuela shadow trade supplied Russian oil to India
Supplies of Russian oil to India are arriving on vessels that were earlier used to ply crude oil produced by Iran and Venezuela, both of which have been under US sanctions for years
 "Ships in Iran, Venezuela shadow trade supplied Russian oil to India")