Page 9 - S Dinakar

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Russia, Venezuela flows stay strong as cheaper crude evades US curbs

India may receive 4 million barrels of Venezuelan crude, the cheapest among all crude sources, in April, lower from 4.78 million barrels in March

TCG plans $10 billion oil-to-chemicals project in Tamil Nadu

TCG's investment plans comes amid strong growth for chemicals in India to drive a 7% growth, but also at a time of oversupply in the global petrochemicals business

Slippery road: India's clean energy drive faces a tricky patch of taxation

The elephant in the room is Rs 7.5 trillion a year in revenues to the exchequer

India's oil imports to be disrupted as US-Venezuela tensions escalate

Uncertainty over Venezuelan supplies comes amid reduced discounted Russian flows