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India LPG consumption plunges 13% as West Asia conflict disrupts supplies

India LPG consumption plunges 13% as West Asia conflict disrupts supplies

India’s LPG consumption fell 13% in March, driven by West Asia conflict-related supply disruptions. While the government pushed to strengthen domestic production and support household demand, commercial and bulk LPG sales dropped sharply. Still, for the fiscal year ending March 2026, total LPG consumption rose about 6%, highlighting how short-term disruption contrasted with longer-term demand.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
400 year old Vopak bets big on India LPG growth through pipeline links

400 year old Vopak bets big on India LPG growth through pipeline links

Aegis Vopak Terminals, led by the centuries-old Dutch group Vopak, is racing to expand India’s LPG and liquid product storage footprint. With $1.2 billion earmarked for capacity additions across six ports, the real growth lever is building connections to LPG pipelines—an infrastructure bet that could decide its lead in a surging market.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Iran’s fast boat swarms heighten Strait of Hormuz risks for global shipping and energy flows

Iran’s fast boat swarms heighten Strait of Hormuz risks for global shipping and energy flows

Iran is increasingly using fast, small boats near the Strait of Hormuz, adding a new layer of risk for international shipping. The tactic reflects a broader shift toward asymmetrical naval warfare, making escort and passage security harder around a chokepoint that carries a large share of global oil and gas supplies. Authorities now face a more agile, harder-to-counter threat profile.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
CBM licensing round draws few bidders as most blocks go unsold

CBM licensing round draws few bidders as most blocks go unsold

India’s latest coal bed methane licensing round failed to spark much competition, with seven of 13 blocks receiving no bids and four landing just a single bidder. Even a Special CBM Bid Round 2026 with more liberal terms attracted only three companies, leaving just two blocks to face competitive bidding.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Wipro Teams Up with Kongsberg Digital to Scale AI Digital Twins for Energy and Utilities

Wipro Teams Up with Kongsberg Digital to Scale AI Digital Twins for Energy and Utilities

Wipro has partnered with Kongsberg Digital to deploy next-generation AI-powered digital twin solutions for Energy and Utilities. The joint offering combines Wipro’s Industrial-AssetsAI and UpstreamAI with Kongsberg’s Industrial Work Surface platform, aiming to create real-time twins across plants, grids, and distributed assets—bringing simulation, data, AI, and automation into one framework to improve reliability, safety, and resilience.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
India’s dream for a global energy powerhouse crumbled after decades of ONGC Videsh plans

India’s dream for a global energy powerhouse crumbled after decades of ONGC Videsh plans

ONGC Videsh was created to secure overseas oil assets and reduce India’s reliance on imports. But after six decades, energy self-reliance still feels out of reach. The story highlights how ambitious global sourcing plans can be undermined by evolving markets, shifting strategy, and persistent demand for external supply.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Azerbaijan support for Pakistan could endanger India trade worth 780 million dollars

Azerbaijan support for Pakistan could endanger India trade worth 780 million dollars

India and Azerbaijan currently maintain a limited but important trade relationship. Now, analysts warn that Azerbaijan’s backing for Pakistan could trigger political fallout that jeopardizes up to USD 780 million in trade linked to energy and related sectors, forcing companies and policymakers to reassess commercial commitments and risk exposure.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
ONGC’s comeback slips again as KG delays and Mumbai High lag derail recovery plans

ONGC’s comeback slips again as KG delays and Mumbai High lag derail recovery plans

ONGC had promised the turnaround would finally end its long decline this year. But the company now says the recovery is slipping, citing delays in KG, slower progress at Mumbai High, and shifting of key production volumes to next year. The revival that was eagerly awaited appears to be stalled once more, raising fresh questions about timelines.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Hitachi India to hire over 5000 for energy AI and infrastructure expansion in five years

Hitachi India to hire over 5000 for energy AI and infrastructure expansion in five years

Hitachi India plans to add more than 5,000 employees over the next five years, betting on India’s infrastructure push and digital transformation. The hiring drive will center on energy, artificial intelligence, and related resources, alongside growth in manufacturing and digital services. The Japanese conglomerate is positioning India as a key long-term market for its technology and infrastructure agenda.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
China solar giants gear up for bigger capacity despite oversupply fears and demand doubts

China solar giants gear up for bigger capacity despite oversupply fears and demand doubts

Reports say the top five Chinese solar manufacturers plan a 54% capacity jump by year-end to 465 gigawatts, even as existing supply already exceeds demand. Analysts warn capacity could balloon by 2030 beyond forecast market needs, raising questions among investors about whether the expansion is commercially or strategically justified.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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After two decades of wait KG 98 2 finally ignites ONGC revival path

After two decades of wait KG 98 2 finally ignites ONGC revival path

KG-98/2, once celebrated after a 2002 Reliance Industries gas discovery, has spent years falling short of expectations and getting tangled in controversies. Now ONGC is pushing to revive the field’s promise, aiming to regain momentum after long delays. The long-awaited ignition marks a potential turning point in India’s domestic energy narrative.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India CNG fuel dream falters as prices surge and rivals catch up

India CNG fuel dream falters as prices surge and rivals catch up

India’s CNG push, once marketed as a cheaper and cleaner alternative to petrol and diesel, is losing momentum as prices climb. Where CNG used to be cheaper by ₹30–₹60 per unit, it now tracks petrol costs in several cities and can even overtake petrol elsewhere. The big question: what changed in the pricing and supply equation?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US LPG cargoes get cheaper and could cut India cooking gas bills

US LPG cargoes get cheaper and could cut India cooking gas bills

India’s LPG market may be seeing a rare break from Middle East dominance as cheaper US cargoes start landing, driven by a Texas glut and a China slowdown. That means the economics behind your cooking flame could change quickly. The big question: is this real, sustained relief for cylinder prices—or a temporary geopolitical mirage?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Qatar LNG halt could hit India’s industry as crude buffers buy only time

Qatar LNG halt could hit India’s industry as crude buffers buy only time

India’s crude oil buffers may cushion the economy from an Iran-Israel fallout, helped by diversified crude imports that reduce Hormuz-linked risk. But the bigger immediate threat is gas: Qatar’s LNG production halt, India’s largest gas supply source, is already forcing cuts in industrial supplies, raising pressure on key sectors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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IMF World Bank IEA push nations to stop hoarding energy and loosening export controls now

IMF World Bank IEA push nations to stop hoarding energy and loosening export controls now

IMF, World Bank and IEA leaders are urging countries to let energy stocks flow freely to global markets and avoid export controls that can tighten shortages. They say countries facing severe supply impacts are being consulted on concerns, as policymakers seek to keep fuel and energy availability steady during periods of volatility and risk.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Nokia warns Europe risks falling behind US and China in AI data centre race

Nokia warns Europe risks falling behind US and China in AI data centre race

Nokia’s CEO says Europe is losing ground in AI data-centre build-out, citing thin investment and infrastructure gaps that make it harder for companies to scale locally. He warns firms may shift toward the more adaptive AI ecosystems in the US and China, while pointing to persistent regulatory hurdles and energy supply constraints as major bottlenecks.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India coal stocks reach 90 days as production hits one billion tonnes for second year

India coal stocks reach 90 days as production hits one billion tonnes for second year

India’s coal stocks have crossed 200 million tonnes, enough to cover 90 days of demand, marking a notable rise from earlier levels. The government also says coal production hit one billion tonnes for the second straight year. With reforms and auctions underway, officials claim the push is to cut import dependence and strengthen self-reliance in minerals.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tata Power bleeds nearly INR100 crore monthly as Gujarat delays Mundra restart deal

Tata Power bleeds nearly INR100 crore monthly as Gujarat delays Mundra restart deal

Tata Power says its Mundra power plant remains shut because an agreement with the Gujarat government is yet to be signed. With the facility idle, the company is reportedly losing close to INR100 crore every month, turning a stalled bureaucratic step into mounting financial pressure. The restart hinges on final approvals that are still pending.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India boosts cooking gas output as shortage bites and prices surge for households and firms

India boosts cooking gas output as shortage bites and prices surge for households and firms

India is facing a lingering cooking gas shortage as refineries ramp up production and fresh global supplies are sourced, including cargoes from the US. Authorities are urging households to shift to piped gas while tackling hoarding and price gouging. The disruption is already driving price hikes and pressuring businesses across the supply chain.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Yogi government plans to supply 34000 MW power across UP this year

Yogi government plans to supply 34000 MW power across UP this year

Uttar Pradesh’s Energy Department, under Chief Minister Yogi Adityanath’s directions, has drawn up a strategy to make about 34,000 MW of electricity available for consumers this year. The plan is built around anticipated peak demand, focusing on ensuring supply stays adequate when electricity usage typically spikes across the state.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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