Russia barrels back to top India's oil game as Middle East war shakes markets

Iraq had briefly led in February, but easing US sanctions and recent Middle East disruptions are driving a rebound for Russian barrels. India's imports from Russia are projected to surge significantly in March.

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PGCIL board nod to new merger plan for 28 subsidiaries

This significant restructuring aims to streamline operations, reduce legal entities, and enhance efficiency within the company's extensive transmission network. The move supports India's growing electricity demand and renewable energy integration.

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BPCL commissions second-generation bioethanol refinery in Bargarh

The facility has a production capacity of 100 kilo litres per day (KL/day) of fuel-grade bioethanol, produced from rice straw using advanced lignocellulosic technology

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Petrol price hike: Indian oil companies raise premium petrol rates by up to ₹2.35 per litre

India's refineries are operating at full capacity. Oil marketing companies are conducting inspections to prevent unethical practices. India has diversified its crude oil sourcing.

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Turkiye's COP31 agenda, balancing development and green transformation for climate action

While identifying nine priority issues like zero waste and resilience, the agenda notably omits standalone focus on finance and fossil fuel transition, leaving key details unclear.

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India's nuclear plants generated 56,681 MU of power in 2024-25: Jitendra Singh

The country currently operates 24 nuclear power plants with an installed capacity of 8,780 MW. Additionally, 18 reactors totaling 13,600 MW are planned, including a 500 MW Prototype Fast Breeder Reactor under commissioning.

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Strikes hit world's largest natural gas field in Iran, and Tehran retaliates with more attacks as West Asia war continues

Oil prices surge amid the conflict. The West Bank reports fatalities from Iranian missile fire. Israel also targets Hezbollah in Lebanon. US military casualties mount.

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LPG consumption slumps 17% in March on war-related shortages

This significant drop, impacting household availability, contrasts with robust growth in petrol and diesel sales. Jet fuel consumption also saw a decline amidst flight suspensions.

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Fading flames, rising heat: LPG crisis leaves restaurants and staff on edge

While some improvements are noted, smaller eateries and caterers are disproportionately affected, with many facing operational disruptions and potential closures. The situation impacts staffing, with daily wage earners being the first to face job losses.

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Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T

The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.

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West Asia crisis: LPG bookings drop to 77 lakh as govt says fuel supplies stable

The government said supplies are being prioritised for households and essential services such as hospitals, schools and other critical institutions.

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West Asia crisis: Centre in a huddle to cushion jet fuel shock for airlines

The jet fuel crack spread, which measures the difference between the price of a barrel of crude oil and the price of jet fuel refined from it, soared to nearly $100 before cooling.

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Adani-Total Gas cuts price for certain industrial users

Supply disruptions in West Asia had previously led to consumption curbs for these users. The new pricing structure is effective immediately.

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Kharg Island on Trump’s radar: Why Iran’s tiny outpost could shake global oil markets

The coral island handles up to 90% of Iran’s oil exports and could trigger global price shocks if its infrastructure is targeted.

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PNG users cannot have LPG refills, says govt as it pushes for faster rollout of piped gas

The Petroleum and Natural Gas Regulatory Board (PNGRB) asked city gas distribution (CGD) companies to accelerate the conversion of households to domestic PNG connections and prioritise areas where pipeline networks are already in place.

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Two Indian LPG carriers head to India after crossing Hormuz strait

In all 22 Indian-flagged ships remain in the conflict region including Chemical, Container, Bulk, Dredger, Empty, and Dry dock vessels. They are manned by 611 Indian seafarers.

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Waaree Energies to set up 10 GW integrated solar ingot, wafer manufacturing facility in Nagpur

With an investment of about ₹6,200 crore, the project will be India’s largest integrated ingot and wafer manufacturing complex, it said

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Ghaziabad mandates rooftop solar and rainwater harvesting in residential building plans

The initiative follows a similar step in Auraiya and may serve as a model for other districts in Uttar Pradesh.

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Iran slams US ‘double standards’ on Russian oil, cites India example

Says Washington pressured India to stop Russian imports earlier but now urges countries to buy Russian crude

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Cooking gas supply assured: India urges switch to Piped Natural Gas amidst Gulf War concerns

Govt points to 36% jump in daily average cylinder bookings.

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How APJ Abdul Kalam warned India about an energy crisis 20 years before today’s fuel anxiety

His roadmap emphasised expanding non-fossil fuel capacity, particularly solar and hydropower, to meet growing demand and reduce oil dependence in sectors like transport. India's progress shows significant strides in renewable energy.

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Too Much On Their Plate: Caterers scramble as LPG cylinders run out amid West Asia conflict

Hotels and caterers struggle to secure gas cylinders, leading to menu changes and cancellations. The shortage stems from the West Asia conflict impacting global energy routes. Home consumption is prioritised, but businesses face significant challenges.

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West Asia crisis: India ready to meet coal demand surge; stocks at 210 MT

Supplies to the non-regulated sector have also increased by nearly 14 per cent compared with the previous year, reflecting stronger availability across industries.


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ET Energyworld Solar Power Congress 2026 kicks off in New Delhi, brings policymakers, industry together

Policy leaders, PSU executives and industry players will convene in New Delhi on March 12 to discuss solar sector investments, megawatt expansion and grid readiness.

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ET Energyworld Solar Power Congress 2026 kicks off in New Delhi, brings policymakers, industry together

Policy leaders, PSU executives and industry players will convene in New Delhi on March 12 to discuss solar sector investments, megawatt expansion and grid readiness.

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Long drawn war will be disastrous for oil market: Aramco CEO

The head of the region's largest oil producer mentioned Aramco can reroute crude to avoid the Strait of Hormuz. He emphasized this is the biggest crisis the region's oil and gas industry has faced.

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US will hit Iran ‘20 times harder’ if oil flow through Hormuz is stopped: Trump

The warning comes as the confrontation between the United States and Iran has unsettled global shipping and energy markets, with commercial traffic through the Strait of Hormuz facing disruptions amid the conflict.

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Iran-Israel War: India orders refineries to boost LPG production for domestic use

This strategy guarantees a steady supply for homes, especially during international fuel crises. Meanwhile, hospitals will receive a prioritised allocation of imported LPG, with a specialized committee assessing the needs of businesses in the food sector and industrial clients.

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ACME Solar raises ₹2,300 crore from NaBFID

The loan, priced between 8% and 8.50%, is backed by revenues from 12 operational solar SPVs, ensuring repayment comfort for the lender.

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Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast

Fears of prolonged disruption to shipping through the Strait of Hormuz are driving prices higher, with analysts predicting further output reductions and sustained elevated fuel costs globally.

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Iran war: US, Israel hit five oil sites in and near Tehran

Iran’s National Iranian Oil Products Distribution Company said four oil depots and a petroleum transport centre were damaged, but the resulting fires were brought under control.

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Oil and gas prices rapidly rise as Iran war shows no signs of letting up

Tankers carrying about 20 million barrels of oil a day are stranded in the Persian Gulf due to safety risks around the Strait of Hormuz, while damage to oil and gas facilities has further tightened supply.

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IEA: Plenty of oil in market despite West Asia turmoil

Fatih Birol acknowledged logistical challenges due to the West Asia conflict. Birol stated that while all options are considered, no immediate release of emergency oil stocks is planned. He also cautioned against relying on Russia for energy supplies, calling it a past mistake.

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India’s solar industry seeks ₹25,000 crore support for domestic manufacturing

The National Solar Energy Federation of India has requested ₹20,000-25,000 crore in viability gap funding. This aims to build 50 GW of local capacity. The industry also wants incentives for machinery.

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Iran responsible power, Strait of Hormuz not shut: Deputy Foreign Minister Saeed Khatibzadeh

He denied claims that Iran has closed the Strait of Hormuz. Khatibzadeh emphasised Iran's role as a stabilising force. He clarified there is no immediate intention to block the waterway. Iran remains committed to international law and freedom of navigation.

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US crude futures now up 12% per barrel amid Iran war

The Strait of Hormuz closure has halted significant oil shipments, leading to substantial weekly gains for WTI and Brent crude. Analysts warn of further price increases, with some predicting oil could reach $150 a barrel.

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Oil settles up around 5% on supply concerns as Iran conflict widens

West Texas Intermediate crude jumped 8.51%, while Brent crude rose 4.93%. Several nations have halted oil and LNG production, with analysts warning of prolonged recovery even after the Strait of Hormuz reopens.

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Oil prices rise as Iran conflict widens

Major oil and gas producers like Iraq and Qatar are cutting output. This situation is causing significant concern for global energy markets. Shipping through the crucial waterway has nearly halted, impacting energy flows worldwide.

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Gujarat Gas restricts industrial supply, invokes force majeure

The company cites severe constraints in regasified liquefied natural gas availability. The ongoing war in the Middle East region is impacting the gas supply scenario. Gujarat Gas is closely monitoring developments.

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Iran ups attacks on Oil infra, US missions in Gulf

Drones and missiles struck oil facilities and US embassies. Israel conducted air strikes on Iranian targets and pushed troops into Lebanon. Iran's ambassador ruled out negotiations with the US for now.

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Iran vows to attack any ship trying to pass through Strait of Hormuz

This explicit warning follows earlier threats and could disrupt a fifth of global oil flows. The move is a retaliation for alleged US and Israeli strikes, escalating regional tensions.

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India, Canada sign $2.6 billion uranium deal, target $50 billion trade by 2030 with CEPA push

This partnership includes cooperation in defense, technology, and renewable energy. The leaders finalized terms for a comprehensive economic partnership agreement. This move signifies a reset in relations and unlocks new opportunities for both countries.

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OPEC+ hikes oil production by more than expected following outbreak of Iran war

Analysts warn this is insufficient to offset potential Strait of Hormuz disruptions, which could cause oil prices to spike significantly when trading resumes.

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Andhra Pradesh okays Adani solar power deal, with rider

Last year, Andhra Pradesh had realised the adverse financial implications of such a move and was trying to look for options.

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