S Dinakar

US sanction clarifications a tight squeeze for India's Feb oil supplies

Cargoes must be loaded before Jan 10 to evade sanction laws: Treasury Dept

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

US sanctions on Russian oil supply chain pose challenge for Indian refiners

India's slowing economy is most exposed to the latest bans because refiners must pay much more to purchase alternative crudes from West Asia in the short term

Indian refiners eye windfall from Urals oil drop: Will motorists benefit?

Indian refiners may face a windfall this year from falling Urals oil rates even as US levies sanctions on Russian firms. Will motorists benefit?

Ethanol 2.0 policies key for India to match Brazil as a biofuel superpower

Ethanol Blended Petrol (EBP) programme 2.0 is essential because the International Energy Agency forecasts India to be the biggest contributor to global oil demand in the years ahead

India's 2025 fuel exports may face heat from geopolitics, Houthi attacks

Attacks by Iran-backed Houthi rebels since October 2023 on ships crossing the Suez Canal have hurt sales of transport fuel shipments from India

India's crude imports could face problems in 2025 due to geopolitical risks

The US Energy Information Administration predicted global oil price benchmark Brent to average $73.58 per barrel in 2025 in its latest short-term energy outlook

US-indexed LNG catches the fancy of Indian firms on Trump's return

Indian consumers are seeking to diversify their sourcing contracts by balancing US Henry Hub linked LNG purchases with oil linked contracts

High costs, boiloff issues challenge India's LNG trucking expansion

It has been 17 months since Indian Oil's Sriperumbudur outlet began operations but it receives no more than five to 20 trucks a day, for sales of around 80 tonnes of LNG a month

IOC pact gives us access to 37K retailers, 13K LPG distributors: Maini

This partnership allows us to access IOC's 37,000 retail outlets and 13,000 LPG distributors, and they have a very strong brand presence, he says

India plans final refinery expansion as electric vehicle era looms

This comes even as New Delhi is struggling to strike a balance between rapidly adopting EV and bolstering energy security by taking recourse to affordable and more reliable transport fuels

Cheap Venezuelan oil to India turns costlier as traders eat into margins

Early this year, when sanctions were briefly lifted, state-run Venezuelan oil company PDVSA sold Venezuelan export benchmark Merey grade at a $20 per barrel discount to European benchmark Brent

UN climate summit in Baku leaves the developing world with crumbs

Unusually for a UN climate summit, COP29 was mainly about climate finance, and yet the finance mandarins were missing

COP29 gets UN carbon mkts going but concerns persist on climate integrity

UN Climate Change chief Simon Stiell lauded the passage and said that carbon markets would enable flow of $250 billion in annual financing

India's transport sector boom to push fuel use, emissions higher: Study

The transport sector is the second-highest emitter of carbon dioxide (CO2) globally, after the electricity and heat production sector

COP29 summit: India leads Global South to reject 'unfair' finance deal

COP 29 president pushed decisions despite objections, citing procedural norms

COP29 Climate Summit: Climate finance draft sets stage for a clash

The final version not only keeps the role of public financing ambiguous but also tries to put the burden of making contributions on developing countries

New global climate finance draft poses challenges for developing world

Latest version of the Global Climate Finance plan fails on most counts to meet India and other developing countries' demands or expectations

COP29: India, developing world face EU resistance to climate finance

A new NDC, which forms the basis of climate finance, must be submitted by next February, according to the UN Framework Convention on Climate Change (UNFCCC)

European Union corners India, developing world over carbon tax at COP29

The tax, or CBAM, is to be imposed by EU in 2026 on products whose manufacturing processes do not follow certain emission standards