energy imports

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    Assam Chief Minister Addresses LPG Supply Concerns

    Guwahati, March 11 – Assam Chief Minister Himanta Biswa Sarma assured on Wednesday that there was no shortage of cooking gas in the state, despite concerns about a possible supply disruption in India due to the escalating conflict between Israel and Iran.Speaking to reporters here, Sarma said...
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    Government Assures 100% CNG/PNG for Consumers Amidst Challenges

    March 11, New Delhi — Minister of Petroleum and Natural Gas, Hardeep Singh Puri, assured that India's energy imports are continuing smoothly from multiple sources and routes. He stated that domestic consumers will continue to receive 100% of their CNG and PNG supplies, while industries will...
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    Bangladesh Increases Fuel Imports from India Amid Crisis

    Dhaka, March 10 Bangladesh has begun receiving diesel from India, with an initial supply of 5,000 tonnes expected by Wednesday, an official said on Tuesday, amid growing concerns about a fuel shortage due to the ongoing crisis in West Asia."We have started receiving diesel from Monday...
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    LPG Supply Constraints Impact Hotels and Restaurants

    New Delhi, March 10 A panel of executives from oil companies will review complaints about the shortage of commercial LPG cylinders in different cities and make fuel available to meet the genuine needs of hotels and restaurants, a top government official said on Tuesday."There is no shortage in...
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    Bangladesh Conserves Energy: Universities Shut for Eid al-Fitr

    Bangladesh has ordered all public and private universities to close starting Monday, bringing forward the Eid al-Fitr holidays as part of emergency measures to conserve electricity and fuel in the face of a worsening energy crisis. The directive was issued by the Ministry of Education to the...
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    Energy Imports and Emerging Markets Face New Challenges

    New Delhi, March 9 Fitch Ratings said on Monday that the Iran conflict could pose additional challenges for some emerging market sovereigns in areas such as energy imports, remittances, and exchange rates.On February 28, the US and Israel launched military strikes on Iran, who retaliated with...
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    India Maintains Stable Energy Supply Despite Geopolitical Challenges

    March 07, New Delhi: India's Minister for Petroleum and Natural Gas, Hardeep Singh Puri, stated on Friday that India does not face any energy shortages, and consumers have no reason to be concerned.During an interaction in Delhi, the minister discussed various aspects of India's uninterrupted...
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    US 'Waiver' for Indian Oil Purchase Criticized as Humiliating

    New Delhi, March 6 Left leaders on Friday questioned the Centre over the US' announcement of a "waiver" for Indian refiners to purchase Russian oil, terming it a "humiliation" of sovereign India.CPI leader P Sandosh Kumar in a letter to Prime Minister Narendra Modi said India's foreign policy...
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    US Waiver Boosts Indian Crude Imports as Middle East Disruptions Rise

    New Delhi, March 6 Indian refiners have begun purchasing some of the over 15 million barrels of Russian crude currently floating on tankers near the country, as they seek to address supply concerns arising from disruptions in the Middle East.Sources said refiners increased purchases after the...
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    Bond Market Reacts to Crude Spike and Geopolitical Risk

    Mumbai, March 4 Indian government bond yields rose to nearly a three-week high on Wednesday afternoon, tracking a sharp increase in global crude oil prices amid escalating tensions in the Middle East.The yield on the benchmark 10-year government security rose to 6.7112 percent, its highest...
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    Strait of Hormuz Disruptions Drive Down Petronet LNG Stock

    New Delhi, March 4 Shares of gas importer Petronet LNG Ltd plunged by nearly 12 per cent on Wednesday amid reports that Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike.The...
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    Strait of Hormuz Closure Fuels Global Economic Uncertainty

    New Delhi, March 2 The escalating hostilities in the Middle East are increasing the risks for India and other Asian commodity importers, as military strikes and retaliatory attacks disrupt key energy and trade routes, Moody's Analytics said on Monday.The United States and Israel launched...
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    Vikram Solar, Waaree Energies See Limited Impact from US CVD Duties

    New Delhi, February 25 Vikram Solar and Waaree Energies do not foresee any significant negative or limited impact from the US decision to impose countervailing duties on certain solar products from India.Gyanesh Chaudhary, CMD, Vikram Solar, said, "The recent US preliminary AD/CVD duties...
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    India and US Aim for $500 Billion Trade Deal, Focusing on Energy Needs

    Mumbai, February 14 Union Minister Piyush Goyal said on Saturday that the interim trade agreement reached between the Centre and the US will include India's energy requirements and will help it secure crude oil at more competitive prices.Speaking to reporters here, the Commerce and Industry...
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    Trade Deal Developments: US Tariffs Reduced, Board of Peace Considered

    New Delhi, February 12 India said on Thursday that its joint statement with the US remains the basis for a proposed interim trade agreement, and that the amendments in a White House fact sheet reflect the shared understandings.The fact sheet, released by the White House on Monday, triggered a...
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