Latest News, Updates & Breaking Headlines
During the first three months of 2026, Argentina exported 50,000 tonnes of LPG to India. (AI image) LPG crisis: India’s imports of LPG from Argentina have more than doubled in the first few months of 2026 as the ongoing conflict in the Middle East continues to disrupt supplies of liquified petroleum gas for India. India…
NEW DELHI: While Russia remained the largest supplier of crude to India in Feb, Saudi Arabia narrowed the gap and emerged as a close second, with supplies from the West Asian country rising by 30% to over 1 million barrels a day (mbd), compared to 7.7 lakh barrels in Jan this year.According to data shared…
Crude imports from Saudi hit highest level New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1.1 million barrels per day (bpd) in Feb, and overtaking Russia temporarily to emerge as the biggest supplier to India.According to data shared by Kpler, a global data and analytics…
India crude oil imports (AI image) With supply of Russian crude hit due to US President Donald Trump’s sanctions, Indian refiners are looking at other sources of oil to fill the gap. Refiners are swiftly reshaping their crude sourcing strategy to offset reduced availability of Russian oil affected by US sanctions.While a more complete assessment…
India crude oil imports (AI image) With supply of Russian crude hit due to US President Donald Trump’s sanctions, Indian refiners are looking at other sources of oil to fill the gap. Refiners are swiftly reshaping their crude sourcing strategy to offset reduced availability of Russian oil affected by US sanctions.While a more complete assessment…
A $10-billion green hydrogen and green ammonia project at Kakinada in Andhra Pradesh is set to cross a major construction milestone, reinforcing India’s ambition to emerge as a global supplier of clean energy to markets such as Germany, Japan and Singapore.The first major equipment erection ceremony of AM Green’s Green Hydrogen and Green Ammonia Complex…
Amazon is reportedly in talks to invest over $10 billion in OpenAI, potentially using Amazon’s Trainium chips. This move could challenge Nvidia’s AI chip dominance, as tech giants like Meta also explore alternatives. OpenAI has been actively securing infrastructure deals, including a recent $38 billion agreement with AWS. OpenAI is in preliminary discussions to raise…
India’s main refiner, IOC, has maintained its procurement of non-sanctioned Russian crude over several weeks. (AI image) With major Russian oil firms Rosneft and Lukoil being sanctioned, India’s state-run oil refiners are now picking up non-sanctioned crude – and that too at lucrative discounts! US President Donald Trump sanctioned the two Russian crude oil majors…
ChatGPT-maker OpenAI is partnering with Taiwan’s Foxconn to design and build artificial intelligence (AI) data centre components within the US. This partnership is the AI startup’s newest step in its extensive infrastructure development plans. The companies stated the goal is to accelerate infrastructure deployment and secure long-term US capacity for essential AI components. While financial…
A new analysis by the Oxford Institute for Energy Studies has cautioned that the worldwide effort to move away from Russian gas is creating fresh instability in the market, largely because of tighter supplies and shifting political alignments. The report says that cutting reliance on Moscow has pushed several countries to depend more heavily on…
