India will continue purchasing oil from any source that proves profitable, prioritising its economic interests. This statement follows Russian President Vladimir Putin’s offer of uninterrupted fuel supplies to India. The

Continue readingRussia says India will continue to buy oil wherever it is profitable

Japan’s top power generator JERA has signed its first long-term LNG export deal with India’s Torrent Power, supplying four cargoes annually for 10 years starting 2027. The LNG will fuel

Continue readingTorrent Power Ltd to procure LNG from JERA Co., Inc.

Cairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 billion investment plan for the next 2–3 years. The company,

Continue readingVedanta Group's Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas output

Kugelman’s remarks come after Russian President reaffirmed Russia’s long-standing energy partnership with India, declaring that Moscow will remain a steady, uninterrupted supplier to New Delhi’s fast-growing economy, during his joint

Continue readingIndia needs to be “very careful” on how it engages with Russia on energy level: South Asia analyst Kugelman after Putin's visit

India-Russia oil trade: Even January’s low is well above pre-war levels. More significantly, according to traders and refiners, volumes could rebound as unsanctioned suppliers squeeze in and a vast number

Continue readingRussia’s vital oil trade with India is down, but not out

India and Russia are boosting nuclear energy ties. They will cooperate on the fuel cycle and support the Kudankulam plant. New advanced nuclear technologies are also on the agenda. Discussions

Continue readingIndia, Russia deepen civil nuclear ties for power and beyond

ONGC Videsh Ltd, the overseas investment arm of India’s top explorer ONGC, and other state-run Indian companies have not been able to repatriate about $800 million in dividends from stakes

Continue readingONGC said to be moving closer to keeping 20% stake in Russia's Sakhalin-1 project

New Delhi-based IntelliSmart was set up as a joint venture between NIIF and Energy Efficiency Services Ltd. in 2019 to roll out a smart meter program to Indian power companies,

Continue readingNIIF to consider selling stake in smart power meter firm IntelliSmart

Nine bidders, including Adani Power and JSW Energy, have submitted formal offers ranging from Rs 3,000 crore to Rs 4,000 crore for GVK Energy’s operational 330 MW Alaknanda hydro power

Continue readingNine bidders for GVK's Alaknanda hydro power plant

Indian refiners Indian Oil Corp and Bharat Petroleum Corp have resumed January orders for Russian oil from non-sanctioned suppliers due to attractive discounts. BPCL secured four cargoes of Urals and

Continue readingBPCL buys Russian Urals, CPC from non-sanctioned entities, sources say