“India must take Trump’s point over Russian oil seriously,” said Republican leader Nikki Haley, adding that New Delhi must work with the White House to find a solution, “sooner the better”. “Navigating issues like trade disagreements and Russian oil imports demands hard dialogue,” Haley posted on social media on Saturday (local time). She posted on […]
Continue Reading... No Comments.
Standing beside his Russian counterpart Sergey Lavrov in Moscow, External Affairs Minister S Jaishankar was unambiguous. “We are not the biggest purchasers of Russian oil, that is China,” he said, pushing back against what he described as a “perplexing” narrative from the West. Addressing media questions about US tariffs on Indian goods, Jaishankar defended India’s […]
Continue Reading... No Comments.
Prime Minister Narendra Modi’s announcement on Independence Day of Samudra Manthan, a mission to accelerate domestic oil and gas exploration, could not have come at a more pressing hour for India. Global geopolitical trends and trade turmoil have turned the spotlight on measures to moderate the outflow of dollars through our single largest drain: oil […]
Continue Reading... No Comments.
City gas companies see compressed biogas (CBG) and liquefied natural gas (LNG) as the next big growth drivers in India’s clean energy transition, with the two sectors expected to “flourish in the next five to ten years,” Indraprastha Gas Limited (IGL) Executive Director Sanjeev Bhatia said at the PHDCCI Global Summit on Sustainability 2025. Speaking […]
Continue Reading... No Comments.
Crude oil prices declined today after the end of the Trump-Zelensky talks on Monday, in anticipation of trilateral talks that could result in a peace deal. That would likely also result in the lifting of sanctions on Russian crude, making more of its available on global markets. At the time of writing, Brent crude was […]
Continue Reading... No Comments.
In a significant update amid the trade talks between India and the US and Donald Trump imposing an additional 25% tariff on India, taking the total tariff to 50% due to India’s continued crude oil purchase from Russia, reports are now talking about the inflationary impact if India stops buying oil from Russia. Notably, Russia […]
Continue Reading... No Comments.
E20 petrol, which contains 20% ethanol and is being sold by Indian oil refiners, has been much in the news lately. India has achieved its target to blend 20% ethanol per litre of fuel five years ahead of the target under the National Policy on Biofuels. Ethanol blending in India rose from just 1.5% in […]
Continue Reading... No Comments.
White House trade adviser Peter Navarro said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to stop, adding that New Delhi was “now cozying up to both Russia and China.” “If India wants to be treated as a strategic partner of the U.S., it needs to start acting like one,” […]
Continue Reading... No Comments.
Angola is betting big on natural gas developments as a short-term increase in oil production is not expected to last despite the West African country leaving OPEC over capped production. Companies operating in Angola have recently started up two oil projects, but they have also begun to target non-associated offshore gas plays, hoping that a […]
Continue Reading... No Comments.
U.S. LNG exports so far this year have smashed yet another record, prices are on the rise without sapping demand, and the outlook remains robust. But there’s a hitch: pipelines. Exports of liquefied natural gas from the United States between January and August this year went up by 22% from the first eight months of […]
Continue Reading... No Comments.