Russia has begun importing gasoline by sea from India to ease fuel shortages caused by repeated Ukrainian drone strikes on its refining infrastructure.
The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.
Because of the firm's scale, an uncontrolled insolvency was never an option for Malaysian regulators, as the company was too embedded in the domestic O&G ecosystem, supporting over 59,000 jobs in the nation's energy sector.
Country’s dependence on Russian gasoline gives it short-term supply stability but leaves it structurally exposed.
The deal was secured through direct, closed-door bilateral negotiations with Russian President Vladimir Putin on the sidelines of the 35th Anniversary ASEAN–Russia Commemorative Summit.
Regardless of efforts by the US or even the EU to pressure New Delhi to abide by wider sanctions on Moscow, Russian crude is set to remain a defining feature of India's energy mix in at least the near term.
The EU's ban on petroleum products refined from Russian crude oil in third countries has sharply reduced the flow of Russian-linked fuel into Europe, but significant loopholes remain and products derived from Russian oil continue to reach the EU.
India’s oldest nuclear power plant has resumed full operations after an extensive modernisation programme, with the first two units of the Tarapur Atomic Power Station in Maharashtra reconnecting to the grid.
Singapore has been looking long and hard into energy sources the island can still explore.
Technip Energies (EPA: TE) has secured a contract worth more than $1.15bn for the Coral Norte floating LNG project offshore Mozambique, a major step in the development of one of Africa's largest gas provinces.
In the recent past India’s data centre industry has begun to look beyond Mumbai into cities like Hyderabad, Chennai, Delhi NCR, Pune and Bengaluru.
Behind Delcy Rodríguez's New Delhi visit lies a bigger story: how Venezuela's resurgent oil exports fit into Washington's strategy to wean India off Russian crude.
India's cabinet has approved a one-time budgetary support package of up to INR100bn ($1.04bn) for oil marketing companies to help stabilise aviation turbine fuel prices for domestic airlines.
In part in order to reduce its heavy reliance on imported energy, India has an ambitious plan in place - a renewable energy capacity of 500GW by 2030.
While Western carmakers rush to roll out new electric models, their production lines remain tethered to an extraction and refining network dominated by a single superpower - China.
A tanker carrying Russian oil has arrived at Japan's Kiire port as Japanese firms step up purchases on a government request, Russian media reports.
War-driven fuel costs and ceasefire uncertainty are squeezing tourism across Southeast Asia, with Thailand's Middle Eastern arrivals down 57% and airlines raising surcharges sharply.
The Indian rupee lost nearly 11% of its value against the US dollar y/y between May 2025 and May 2026, a slide that makes it the worst performing currency in the world against the greenback.
Korea Hydro & Nuclear Power is building a multi-tiered power network to secure national electricity supplies, the Gyeongbuk-based utility has announced.
The Indian ceramic and tiles industry, which maintains a deep trade link with the countries in the Middle East region, has been severely affected by the conflict involving the US, Israel and Iran.