Puri explained that, unlike other global energy events that focus only on crude oil, gas, or a limited set of issues, India Energy Week covers a broad spectrum. "Here we are dealing with green hydrogen, small modular reactors, technology, and even compressed biogas. Just yesterday, we conclu
Trump signed an order threatening tariffs on countries supplying oil to Cuba, escalating pressure on Havana. Mexico paused shipments, calling it a sovereign decision. With Venezuelan oil halted, Cuba faces worsening shortages, as Washington hardens its stance and Havana rejects US pressur
Venezuela's National Assembly approved major changes to oil laws, giving foreign companies more control and allowing lower royalties. The reforms reverse parts of earlier nationalisation, follow eased US sanctions, and aim to revive the oil sector, though critics warn of long-term risks.
US President Donald Trump announced Venezuela's commercial airspace will reopen, allowing Americans to travel. He ordered officials to act by Thursday. The move follows US military action, Maduro's capture, and renewed oil engagement, including a USD 500 million sale, amid easing tensions
The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to Russia in the Financial Year 2026 (April-November).
"This is the right time, and the country is moving upward in terms of growth that is unprecedented. Our GDP is growing, we are on a growth trajectory, and we will soon become the third-largest economy. The exchange of technology and energy resources will lead to more sustainable and eco-frie
India stands as a critical destination for global energy capital as the nation pursues a USD 500 billion investment roadmap to support its rapid economic expansion. In an exclusive interview with ANI, Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney stated that the country's traje
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
US Secretary of State Marco Rubio defended President Trump's operation that led to Nicolas Maduro's capture, saying it made the US safer. He said Venezuela's leaders are cooperating, ruled out further military action for now, and announced plans to allow limited oil sales under US oversight.
US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
US Secretary of State Marco Rubio defended the capture of Venezuela's Nicolas Maduro as a strategic move, rejecting claims it was an act of war. He outlined Washington's goals for a democratic transition and oil recovery, while lawmakers questioned costs and legality of the operation.