Ukraine’s drone strikes on key Russian oil ports — Primorsk, Ust-Luga and Novorossiysk — are threatening India’s crude supply chain, with the International Energy Agency warning of potential disruptions to refining operations. With about 80% of India’s Russian imports routed through these hubs, any prolonged outage could tighten feedstock availability, even as reliance on discounted…
India faces a more fractured global order with increased risks to its energy supplies. ONGC chairman Arun Singh warns that the country’s traditional advantage due to Middle East proximity is challenged. India must build substantial oil and gas storage and boost domestic production. Investments in overseas fields are also becoming less attractive.
The NCLT Hyderabad has permitted YS Jagan Mohan Reddy’s plea. It directs the cancellation of shares in Saraswati Power and Industries. These shares were transferred to YS Sharmila and Vijayamma. Jagan sought the reinstatement of his and his wife’s names in the company. Sharmila’s advocate stated they will appeal the order.
The head of the International Energy Agency declared the conflict between Iran, the United States, and Israel is causing the world’s worst energy crisis. This situation exacerbates the existing petrol and gas crisis linked to Russia. Maritime traffic in the Strait of Hormuz is disrupted, impacting global oil and LNG flows.
New Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the government is easing the burden on diesel and aviation fuel exports by cutting associated levies. Starting May 16, exporters will enjoy a zero road and infrastructure cess on petrol and diesel, although domestic…
The government is identifying households with both LPG and PNG connections. This move aims to stop dual ownership and prevent subsidy misuse. Households with piped natural gas connections must now surrender their domestic LPG connections. This policy is being enforced to improve LPG supply for those without piped gas. Over 43,000 LPG connections have been…
Cairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 billion investment plan for the next 2–3 years. The company, which holds interests in 55 blocks, is seeking international rig partners to provide and operate advanced rigs for 12 drilling sites, and is looking for…
India’s upcoming SHANTI Bill, or Atomic Energy Bill 2025, is set to revolutionize the nuclear landscape by integrating private investment into the once-closed sphere. This initiative will not only outline a structured approach for private ventures in mineral exploration and fuel fabrication but will also secure government oversight in core areas.
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure. In my latest research, published in the academic journal Joule today, I show that AI systems were responsible for up to 20% of global data center power demand by the end of last year. Moreover, this share could approach half of…