Page 5 - Sudheer Pal Singh

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

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

Oil could hit $150/bbl, $200 possible on demand destruction: WoodMac

Oil prices could rise to $150 per barrel as a massive Gulf supply disruption forces demand destruction, with $200 possible if the conflict persists, says Wood Mackenzie

Govt invokes Essential Commodities Act, prioritises natural gas allocation

Government issues Natural Gas (Supply Regulation) Order, 2026 prioritising supply to CNG, PNG and LPG production as LNG shipments face disruption due to conflict in West Asia

Hike in pump prices unlikely for now even as Brent tests $120 per barrel

Oil prices spike past $100 amid Iran war and supply cuts, raising fears of a sharply higher import bill, inflation and current account deficit for India

West Asia conflict: With crude at $100, OMCs to face margin pressure

The retail prices of petrol and diesel currently stand at ₹94.77 per litre and ₹87.67 per litre, respectively, in Delhi, compared to ₹110.04 per litre and ₹98.42 per litre, respectively, in Nov 2021

Crude at $115 per barrel could raise India's oil import bill by $64 billion

If global crude averages $110-115 per barrel in FY27, India's net oil imports could rise by $56-64 billion annually, worsening the current account deficit and fuelling inflation

West Asia crisis: India bulks up Russia oil; US allows 30-day waiver

Now at a premium, Russian crude imports surge after start of war in West Asia

Iran war set to hit output in sectors dependent on oil and gas: Crisil

CRISIL cautions that continued West Asia tensions could disrupt LNG and crude supplies, pressuring fertilisers, refineries, chemicals and other energy-intensive sectors in India

India grapples with grid curtailment, biggest test yet on energy transition

Rising renewable energy capacity is straining India's grid, forcing curtailments and raising concerns over stability

M&A activity in power sector gathers pace as PPAs drive up valuations

Accelerating power demand, revival of long-term PPAs, stronger plant load factors and attractive valuations are triggering a fresh wave of M&A activity across thermal and renewable assets

Israel-Iran conflict likely to push up energy prices, hit India supplies

Escalating Israel-Iran tensions could disrupt Strait of Hormuz supplies, lift Brent crude prices and raise India's import bill, analysts warn, even as a prolonged blockade remains unlikely

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

NTPC flags thermal plant damage from flexible ops for renewable integration

NTPC says flexible and two-shift operations for renewable integration are causing wear and failures in thermal units, prompting the power ministry to review plant stress and grid needs