New Delhi, June 23 (IANS) India’s energy security is shifting from scale to resilience as the country expands upstream access and diversifies supply portfolios in the wake of disruptions to the Strait of Hormuz, a report said on Tuesday.The report from S&P Global Energy said the Strait of Hormuz closure had disrupted about 17 per cent of global LNG supply but India — the world’s fourth‑largest LNG buyer — limited the impact by sourcing cargoes from Oman, the United States, Nigeria …
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Washington, June 13 (IANS) US Treasury Secretary Scott Bessent said President Donald Trump’s push for “energy dominance” is central to the administration’s efforts to strengthen the economy, boost manufacturing and enhance national security, arguing that abundant domestic energy will be critical to winning the global race in artificial intelligence and advanced industries.Speaking at the Petroleum Club of Houston on Friday, Bessent described energy as the foundation of the administration’s econo…
New Delhi, June 12 (IANS) India has imposed restrictions on the sale of motor spirit (petrol) and high-speed diesel (HSD) at retail fuel outlets, limiting bulk purchases and directing institutional and commercial users to source fuel through their dedicated consumer or captive pumps, according to an official government notification.The directive, aimed at curbing diversion of subsidised or retail-priced fuel, will remain in force for an initial period of up to 90 days unless withdrawn or modifie…