Page 2 - Sudheer Pal Singh

High energy prices may impact FY27 fiscal position; buffers available: ICRA

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

A month of LPG supply arranged amid West Asia conflict, says govt

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

Land acquisition for SPR expansion projects at advanced stage: Govt

Government says land acquisition for strategic petroleum reserve projects in Odisha and Karnataka is progressing, as energy security gains focus amid global uncertainties

LPG supply to be cut if consumers refuse PNG switch, says govt order

Government mandates shift to piped natural gas in connected areas, linking LPG supply to PNG adoption amid supply concerns and push for cleaner fuels

Govt notifies order to cut delays in rollout of gas infra development

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

Mahanagar Gas offers free fuel, bill adjustment for PNG customers

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

Explained: Why India's energy security goal is an unfinished journey

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 may double by 2036, led by non-fossil sources

India's power capacity could more than double by 2036, with Central Electricity Authority projecting 70% share for non-fossil energy sources

Crude above $100: What it means for India's economy and energy

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

West Asia disruptions to impact daily CGD sales volumes by 8-10%: CRISIL

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 a limited solution, says S&P

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

West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy

Up to 2 million barrels per day of Gulf refining capacity faces disruption as the Strait of Hormuz remains closed amid US-Iran tensions, threatening global oil supply, says Rystad Energy

India dials Iran for safe transit of its vessels through Strait of Hormuz

Government engages Tehran to ensure safe transit for Indian-flagged vessels amid West Asia conflict as concerns mount over oil, gas and fertiliser supplies

Reluctance of market participants hits gas trading volumes at IGX

Market participants turn cautious amid high LNG prices and supply regulation as West Asia conflict disrupts gas shipments and fuels uncertainty

IGL asks commercial, industrial users to cap gas drawal at 80% of usage

Indraprastha Gas advises commercial and industrial users to limit gas drawal to 80 per cent of recent usage after the government regulated supply amid disruption in LNG shipments

Barc developing 220 Mw Bharat Small Modular Reactors at ₹5,960 crore

Barc is developing 220 MW Bharat Small Modular Reactors and two SMR-55 units under the Nuclear Energy Mission announced in the Union Budget 2025-26

High oil prices may intensify pressure on Indian oil companies: Moody's

Rising global oil prices may intensify financial pressure on India's state-owned oil companies as retail fuel prices remain largely unchanged, says Moody's

Centre to prepare roadmap to tackle challenges in shipping sector

Shipping minister Sarbananda Sonowal asks officials to prepare a roadmap to address industry challenges as geopolitical tensions and supply chain disruptions strain maritime trade

Iran conflict may pressure cash flows of OMCs, GAIL: Fitch Ratings

Fitch says Indian oil marketing companies and GAIL could face cash flow pressure if disruptions linked to the Iran conflict persist, though government support may cushion credit profiles

PM Modi calls for cushioning West Asia crisis impact amid supply fears

Modi's message to ministers to ensure that any inconvenience to citizens is minimised, and to gear up for potential disruptions, was conveyed at the Union Cabinet meeting