Sudheer Pal Singh
Sudheer Pal Singh
CSEP study says high crude prices may accelerate EV transition, but electric cars will continue to rely on fiscal incentives to remain competitive with ICE vehicles till 2030
Iranian crude tanker reroutes from Gujarat to China amid tightening payment terms, underscoring rising sensitivity of oil trade flows during West Asia tensions
IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability
India's renewable energy sector is witnessing a surge in M&A activity as investors opt for faster, de-risked growth amid strong capacity targets, policy push, and rising demand visibility
Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis
The oil ministry had allotted 40 per cent of the pre-crisis commercial LPG quota to states through three separate directives earlier this month
Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed
Ministers say decision aims to cushion consumers and support oil marketing companies as crude prices surge amid Iran War
Elevated global crude and gas prices may affect India's FY27 fiscal position, though buffers such as expenditure savings and fiscal tools could help manage pressures, ICRA said
The demand for LPG cylinders had risen to 89 lakh due to panic ordering by consumers and has now come down to 50 lakh cylinders again
Nayara Energy has raised petrol and diesel prices amid crude supply disruptions, becoming the first company to hike non-branded fuel rates in India
Government says land acquisition for strategic petroleum reserve projects in Odisha and Karnataka is progressing, as energy security gains focus amid global uncertainties
Government mandates shift to piped natural gas in connected areas, linking LPG supply to PNG adoption amid supply concerns and push for cleaner fuels
The new framework aims to cut approval delays, expand PNG networks and improve last-mile connectivity, as India looks to strengthen energy security amid global disruptions
The city gas distributor has announced free gas, fee waivers and discounts for new and existing users following the government's move to prioritise PNG and CNG supply
Despite policy push and diversification, India's rising oil and gas import dependence is exposed by the Strait of Hormuz crisis, underscoring gaps in domestic production and energy transition
India's power capacity could more than double by 2036, with Central Electricity Authority projecting 70% share for non-fossil energy sources
Crude oil above $100 a barrel threatens to widen India's CAD, stoke inflation, and strain key sectors, even as upstream firms gain and downstream players face margin pressures
Ongoing Middle East conflict may reduce India's city gas distribution sales volumes by 8-10 per cent due to LNG supply disruptions, though price pass-through may cushion margins
Historic release of strategic oil reserves may only partly ease global supply disruption if the Strait of Hormuz remains closed, as the oil market remains severely unbalanced