Fuel and LPG supplies in Karnataka remain stable. Indian Oil Corporation assures no petrol or diesel shortages. Domestic LPG deliveries are improving after a March 2026 surge. Commercial LPG prioritizes essential services. CNG consumption grows. Authorities combat hoarding. Auto LPG demand is met. Citizens are urged against panic buying.
The United States has ended sanctions waivers that allowed countries, including India, to buy Russian and Iranian oil without penalties, a move that could tighten global supplies and pressure Indian refiners. US Treasury Secretary Scott Bessent confirmed the decision, saying the temporary licenses for Russian and Iranian crude would not be renewed.
India’s petrochemical sector anticipates strong growth of 6-7% annually. Major capacity expansions are underway to cut import reliance. Polypropylene capacity will surge, potentially eliminating import needs by FY30. However, cost competitiveness is key. Global oversupply has pressured margins, but lower input costs offer some relief.
India is boosting its energy storage. Around 12,500 MW of BESS projects are under tender. Another 3,300 MW are in the pipeline. The country aims for 8,500 MWh in two years. Current BESS capacity is around 205 MW. The government targets 3,000 MW of hydro pumped storage this year.
India’s renewable energy capacity is nearing 50% of its total installed power, with expectations to meet this target by year’s end, according to Union Power Minister Manohar Lal. This progress aligns with India’s commitment to achieving 50% non-fossil fuel power capacity by 2030. Energy storage systems are crucial for grid stability and ensuring a continuous…
India’s aggressive ethanol blending program, aimed at reducing crude oil imports, is raising concerns for vehicle owners. Vehicles designed for E10 fuel may experience a 1-2% drop in mileage with E20 blends, impacting millions manufactured between 2012 and March 2023. Automakers are urging tax incentives to offset this, while the government signals further intensification of…
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…
The West Asia conflict highlights India’s energy vulnerabilities, presenting a prime chance for crucial sector reforms, according to Axis Bank Chief Economist Neelkanth Mishra. He stressed the need for correct energy pricing to fuel growth, noting industry faces the world’s most expensive electricity. Mishra urged reforms to boost efficiency and prevent rupee depreciation, citing Japan’s…
India’s crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing import dependence. Despite policy reforms, limited foreign investment and a perception of policy instability hinder exploration efforts needed to revive domestic output.
India is pushing for more piped gas connections. Oil Secretary Neeraj Mittal has asked city gas companies to speed up adding household connections. This comes as the government eases rules for infrastructure. The move aims to reduce reliance on imported fuel. Recent global events highlighted vulnerabilities in current supply chains.