Energy Notes 10/04: Trump Blinks On Tariff Talk And A Heatwave In India
A heatwave has gripped northern and western India. As temperatures soar, politicians are fainting and power demand is soaring. Peak electricity use is spiking.
A heatwave has gripped northern and western India. As temperatures soar, politicians are fainting and power demand is soaring. Peak electricity use is spiking.
Amid intensifying rhetoric about a trade war, Brent crude futures dropped 3.39% to $60.69 per barrel, and U.S. West Texas Intermediate (WTI) crude futures fell 3.96% to $57.22 per barrel, both reaching their lowest levels since early 2021. The U.S. claims it has implemented a 104% tariff on Chinese imports after Beijing maintained its 34% retaliatory tariff on U.S. goods.
The proposed changes could finally deliver on the long-delayed promise of nuclear energy in India. But experts warn that the government’s nuclear timelines are “simply unachievable.” India is still in the early stages of planning and may have underestimated the scale of logistical and technological bottlenecks.
Tariffs tend to inflate production and transportation costs, raising prices across supply chains. While energy products are mostly exempt from Donald Trump’s unpredictable tariff decisions, that doesn’t mean it’s business-as-usual for India’s energy ecosystem. Trump’s efforts to refashion the global trade order are reshaping energy routes and realigning global markets. For India, this means navigating […]
Reliance Industries Limited laid the foundation stone for the first of proposed 500 CBG plants in Andhra Pradesh.
Carin Oil & Gas has entered into an agreement with Nabors-owned Parker Wellbore to expand its operations in India using their high-performance drills.
The 12th tranche of Coal Mines auction was held in New Delhi in the presence of Union Minister for Coal and Mines Mr G Kishan Reddy.
In a question asked in Rajya Sabha on March 24 regarding the removal of restrictions on coal purchases by power plants, Minister for Coal and Mines Mr G Kishan Reddy said that supply of has been governed by the Shakti Policy
The 11th edition of India Smart Utility Week (ISUW) saw the first ever GBM of All India DISCOMs Association (AIDA).
Minister of State for Power Shripad Naik said in Rajya Sabha that the government has transformed India from a power deficit country to a power sufficient country.