Nuclear power to be part of energy discussions, says Hardeep Singh Puri

Indian union oil minister Hardeep Singh Puri highlighted nuclear power’s role in energy discussions, citing potential for small modular reactors following India’s nuclear treaty with the US. Upcoming amendments to laws aim for 100GW nuclear energy by 2047. India’s collaboration with the US for more energy could reduce global energy prices.

Russia has the means to meet all supply obligations despite sanctions: Energy Minister Sorokin

Russia remains capable of fulfilling all its energy contracts despite new US sanctions. Deputy Energy Minister Pavel Sorokin criticised the sanctions’ negative impact on the global economy and emphasised ongoing energy cooperation with key partners, including India. Indian refiners are sourcing more oil from the Middle East to compensate for reduced Russian supplies.

Bombay HC nod to Adani group to cut 209 mangroves for power line construction

The Bombay High Court has granted the Adani group permission to cut 209 mangroves for a high voltage transmission line deemed critical to boost Mumbai’s electricity supply. This 80 km project, with part passing through mangrove areas, aims to address the city’s growing energy demands, balancing sustainable development and environmental needs.

BP inks pact with EIL to collaborate on oil, gas and refining activities

BP and Engineers India Ltd have signed an MoU to explore opportunities in supporting oil, gas, and refining activities. The agreement includes forming joint teams to discuss technical support across BP’s global assets in refining, terminals, pipelines, oil and gas, and offshore/subsea portfolios. The MoU is valid for three years and may expand to other energy vectors.

Oil smuggling isn’t easy. But despite obstacles, refiners are minting $1 billion every day

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 million barrels per day at a discount. Western sanctions create obstacles but fail to halt illicit trading. Smugglers continually find ways to circumvent restrictions, with non-Western countries still purchasing sanctioned oil, and the political will to enforce stricter measures is weak.

India’s $67 billion infrastructure gap hampers Modi’s gas goals

Petronet LNG’s underutilized Kochi terminal highlights India’s struggle to reduce coal reliance due to infrastructure issues, high gas prices, and regulatory challenges. Despite Modi’s push for increased gas use, the share remains stagnant. Significant investment in pipelines and terminals is crucial to achieving the 2030 target of 15% gas in the energy mix and mitigating carbon emissions.

Indian Oil buying sanction-free Russian crude oil cargoes, chairman says

Indian Oil is purchasing Russian crude oil cargoes without involving sanctioned entities. The company predicts gasoline and diesel demand growth by the fiscal year 2026 and foresees weak petrochemical margins in 2025. Expansion of the Panipat refinery is expected by June 2026, while the construction of the Nagapattinam refinery awaits approval.