The risks to Indo-Russian oil trade escalate when Urals crude starts trading above the cap imposed by the European Union
Oil supplies from Russia surged after the G7's stringent sanctions, relegating traditional suppliers Iraq and Saudi Arabia to second and third place
When the suggestion was made, crude was at a huge discount to gas; but now, with the unpredictable course of fossil fuel prices playing spoilsport, govt may be forced to do a rethink
In short, India's energy security and the
Record summer heat has sent electricity demand soaring. Despite the focus on renewables, thermal power will meet additional demand, sending sustainability targets for a toss
The idea of floating the bond, which was oversubscribed 5 times on day-1 of launch, germinated five years back. The primary aim then was neither climate change nor an urge to save the environment
Supplies from Russia come at a substantial discount to global prices, but Indian pump prices have remained unchanged for nearly ten months
US shipments to India fell 58% from last year
Western reluctance to spend on climate action and India's inability to accelerate renewables to power faster economic growth are major hurdles to the net zero target
Carbon capture utilisation technology can play a crucial role in reducing CO2 emissions, provided the government shapes a workable regulatory framework first
Latin America, Africa, and Russia are expected to play key roles in helping OVL achieve its long-term production targets
Indian refiners can process cheap Russian crude into products, and export to Europe
In a Q&A, the President of GE South Asia asserts that natural gas will bridge India's journey from coal to renewables, even as he points is massive potential in onshore wind energy
With India burning more fossil fuel to grow, state-owned refiners are likely to struggle to meet their targets
India imported between 1.27 to 1.42 million barrels of Russian crude per day, which made up 28% of India's supplies in January, the highest ever
Two policy tweaks to lower the govt's bill depend on weather, state of the global economy and the trajectory of the Russia-Ukraine war
But imposing policies that deter domestic exploration and production
Freeing the industry from administrative pricing could be the best way forward
But the China factor could play spoiler