Washington/New Delhi, May 28 (IANS) The recent visit of US Secretary of State Marco Rubio to India reflected a more mature phase in relations between New Delhi and Washington, where strategic convergence continues alongside open discussions on trade frictions, differing geopolitical priorities, and ambiguity regarding American consistency, a report has stated.In parallel, it also underscored the Quad’s evolution from a primarily diplomatic signalling platform into an operational framework aimed …
Latest energy security News & Updates
New Delhi, May 27 (IANS) Under the direction of the government, the public sector oil companies are currently absorbing losses on the sale of petrol, diesel, and LPG to the tune of Rs 550 crore per day as they have refrained from passing on the full increase in global prices to protect domestic consumers, the Ministry of Petroleum and Natural Gas said on Wednesday.This cushion, which has been put in place due to the disruption caused by the West Asia crisis, is intended for the retail consumers:…
New Delhi, May 26 (IANS) External Affairs Minister S. Jaishankar on Tuesday reviewed the progress of India-Australia comprehensive strategic partnership with Penny Wong, Australian Minister for Foreign Affairs, in New Delhi.“Co-chaired a productive 17th Foreign Ministers’ Framework Dialogue with FM Senator Penny Wong of Australia today evening,” EAM Jaishankar wrote on X on Tuesday.“Reviewed the steady progress of our Comprehensive Strategic Partnership. This covered economic and energy …
Sofia, May 26 (IANS) As India’s footprint in the Gulf continues to expand, particularly through the United Arab Emirates (UAE), the deepening partnership highlights growing strategic convergence in a region already under strain. The engagement with the UAE extends beyond trade, intersecting intra-Gulf Cooperation Council (GCC) tension, the evolving Gulf security architecture, and established regional partnerships, a report has highlighted.“When Indian Prime Minister Narendra Modi landed in A…
New Delhi, May 26 (IANS) US Secretary of State Marco Rubio on Tuesday emphasised the economic and strategic importance of the Quad, stating that the member states, which are “vibrant democracies”, represent a third of the world’s GDP and share strong values. Addressing a joint press statement, along with Foreign Ministers of India, Australia and Japan, Rubio announced Quad initiatives on maritime security, port infrastructure and energy security.He said, “To Ministers Jaishankar, Wong, and Moteg…
New Delhi, May 26 (IANS) The Quad foreign ministers on Tuesday sharpened their focus on trade, energy security and maritime cooperation, with India, the US, Australia and Japan announcing a series of initiatives aimed at strengthening economic resilience and supply chain stability across the Indo-Pacific region.The discussions took place during the Quad grouping, hosted by India in its capacity as the current chair of the grouping.External Affairs Minister S Jaishankar, US Secretary of State Mar…
New Delhi, May 25 (IANS) State-run oil explorer Oil and Natural Gas Corporation (ONGC) on Monday said it has selected BP Exploration Services India Limited — a UK-based subsidiary of BP Plc — as Technical Services Provider (TSP) for its Western Offshore oil and gas fields (excluding the Mumbai High field), in a move aimed at boosting output from mature assets.The decision follows an international competitive bidding process under which global oil companies were invited to submit proposals for …
New Delhi, May 25 (IANS) Union Minister for Road Transport and Highways Nitin Gadkari has unveiled an indigenous ethanol-based cooking stove technology that he said can produce cooking flames at a lower cost than commercial LPG cylinders, while also announcing a Rs 40-crore initiative to promote scientific temperament among young Indians.Speaking at an event in Nagpur, Gadkari said the new technology uses a blend of ethanol and water to generate flames suitable for cooking purposes.“By mixing …
New Delhi, May 24 (IANS) External Affairs Minister (EAM) S. Jaishankar on Sunday outlined India’s five-point approach on key regional and global issues, stressing that New Delhi advocates dialogue and diplomacy for conflict resolution, supports uninterrupted maritime commerce, and strongly opposes the weaponisation of trade and resources. Addressing a joint press briefing with US Secretary of State Marco Rubio after delegation-level talks held at Hyderabad House, EAM Jaishankar said India and …
New Delhi, May 24 (IANS) India’s heavy-duty logistics sector is increasingly turning to liquefied natural gas (LNG) as transport operators and policymakers look for alternatives to diesel amid rising concerns over energy security and crude oil imports.The transition comes as freight movement across the country continues to grow rapidly. India currently has nearly four million diesel-powered trucks transporting close to 70 per cent of domestic cargo, making the sector one of the largest consume…