White House trade advisor Peter Navarro says India’s purchase of Russian crude is funding Moscow’s war in Ukraine. He adds that New Delhi is now cozying up to both Russia and China. Navarro suggests India needs to act like a strategic partner of the US if it wants to be treated as one.
Indian Oil Corporation will commence sustainable aviation fuel (SAF) production in December at its Panipat refinery, with a 35,000-tonne annual capacity. This output aims to meet India’s international airline SAF blending requirements by 2027, utilizing used cooking oil as feedstock. The company has secured ISCC CORSIA certification, positioning it as the sole certified SAF producer…
Indian refiners are proceeding cautiously with Russian oil tenders for September, awaiting clarity on potential penalties proposed by the U.S. government. While concerned about market tightening and price increases from a hasty shift away from Russian supplies, they are closely monitoring developments and relying on their own market assessments, as the government has not issued…
India’s rapid shift to E20 fuel, containing 20% ethanol, is causing unforeseen issues for car owners. Many vehicles, designed for E10 fuel, experience reduced mileage and engine problems due to E20’s corrosive properties. While the government touts economic and environmental benefits, consumers face unexpected maintenance costs and a lack of clear information about fuel compatibility.
Following a meeting with Russian President Vladimir Putin in Alaska, U.S. President Donald Trump stated he doesn’t foresee the immediate need for retaliatory tariffs on countries purchasing Russian oil. However, Trump indicated this situation might change, suggesting he may need to consider such tariffs in the coming weeks, depending on future developments.
Prime Minister Modi announced India’s plan to launch a deepwater exploration mission, aiming to boost domestic oil and gas production and reduce reliance on imports. With current imports covering 90% of oil and 50% of gas needs, the mission seeks to achieve energy independence and unlock the potential of areas like the Andaman Sea, attracting…
Prime Minister Modi announced India’s commitment to energy independence through nuclear power reforms, opening the sector to private investment. With work underway on 10 new nuclear reactors, India aims to increase nuclear power generation capacity tenfold by 2047. The nation has already achieved its goal of sourcing 50% of its energy from clean sources ahead…
India’s Russian oil imports increased to 2 million barrels per day in August. This rise occurred as refiners prioritized economic factors. Russian oil now constitutes 38% of India’s total crude imports. Purchases from Iraq and Saudi Arabia decreased. There is no government directive to reduce Russian oil volumes. Refiners are also exploring alternative sources for…
Prime Minister Modi announced India’s ambitious plan to increase nuclear power generation capacity tenfold in the next two decades, aiming for energy independence. The nation has opened the nuclear power industry to the private sector and is reforming the Atomic Energy Act to facilitate this growth.
PM Modi announced from the Red Fort on Independence Day that India is rapidly developing 10 new nuclear reactors and aims to increase its nuclear energy capacity tenfold by 2047. Highlighting energy self-reliance, he noted major reforms in the nuclear sector, a 30-fold rise in solar capacity over 11 years, expansion of hydropower through new…