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LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRA

Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions ...

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'100 bn dollar investment': Sagar Adani stresses energy resilience strategy amid West Asia crisis

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Petrol may vanish from your nearby pump, but that would be fine

India is accelerating its move away from petrol and diesel, signaling a post-fossil fuel era for transport. Driven ...

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A 22-day oil clock ticks down in Iran as Strait of Hormuz blockade tightens chokehold

Iran faces a critical shortage of oil storage. Unused capacity is dwindling, potentially leading to significant production cuts. ...

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UAE exit from OPEC could be net positive for India: Sagar Adani

Sagar Adani sees a UAE move away from OPEC as beneficial for India. He stressed energy’s importance for ...

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Impact of UAE exit from OPEC on India still uncertain, country should focus on energy resilience, says Sagar Adani

As India faces the ripple effects of the UAE’s departure from OPEC, it is imperative to prioritize energy ...

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There is no future for petrol and diesel vehicles, Nitin Gadkari says

India is phasing out petrol and diesel vehicles. Union Minister Nitin Gadkari stated there is no future for ...

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India proposes new vehicle rules to allow higher ethanol-blended fuels

India has proposed amendments to its motor vehicle rules to formally integrate higher ethanol-blended fuels, including E85 (85% ...

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UAE's OPEC exit may not hit oil markets, say executives

UAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry ...

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UAE, Saudi Arabia bypass Hormuz to boost crude supplies to India

India’s crude imports fell as West Asia disruptions hit supplies, with average intake dropping to 4.4 million barrels ...