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Expect India’s oil demand to recover from Covid shock by second quarter: Dharmendra Pradhan

Amid lockdown, demand for transportation and industrial fuels plummeted by as much as 70%, but India is confident things will look up faster than projected.
Fuel Station

India’s petrol, diesel demand will take months to return to pre-lockdown levels

India’s fuel consumption collapsed by as much as 70% during the lockdown in April. It could take until the end of 2020 to get close to full recovery.
Oil Facilities And Services Ahead Of Final Year Figures After Demonetization Induced Fluctuation

World’s top infra manager is eyeing to buy India’s top PSU oil and gas pipeline assets

Macquarie Infrastructure & Real Assets believes govt will divest non-core oil and gas assets, like oil storage facilities, pipelines, transmission facilities.
oil well

Arabs should welcome a future with less oil wealth

A recent IMF report, which showed that by 2034 declining oil demand can affect the GCC's wealth, has led to predictions of economic and political instability in Arab countries.
Mukesh Ambani | Simon Dawson/Bloomberg

Mukesh Ambani’s Reliance overtakes BP, breaks into club of 6 global oil supermajors

Reliance’s market value has surpassed BP and it’s also narrowing the gap with PetroChina Co., currently Asia’s biggest oil company by market cap.
Oil refineries (representational image) | Commons

Edison figured out climate action 100 years ago

In our quest for growth, we often treat the atmosphere, among other natural systems, as bottomless landfill.
A storage tank containing liquid gas stands at the Natural Gas Liquids (NGL) facility in Saudi Aramco's Shaybah oilfield in the Rub' Al-Khali desert. | Photographer: Simon Dawson | Bloomberg

The world’s oil security blanket has been torched

What the world needs now is an unlikely scenario — an outbreak of peace, or at least “live and let live,” in the Middle East.

Energy is PM’s big focus in Houston ahead of ‘Howdy, Modi!’ event with Trump

Modi’s meeting with CEOs comes as India looks for new energy sources in the light of US-Iran crisis, Saudi drone attack & rising crude prices.
File photo of PM Narendra Modi | ANI

The importance of Houston — why this Texan city was picked to host Howdy, Modi! show

PM Narendra Modi will be addressing his biggest-ever overseas rally ‘Howdy, Modi!’ Sunday in Houston, his first stop during a week-long US trip.
US sanctions on Iran oil

Saudi oil shock is a reminder ⁠— we need to switch to non-oil power sources quickly

The attack on Saudi's oil facility has show us how the world is still dependent on cheap Middle Eastern oil and the dysfunctional regimes that keep it flowing.

On Camera

20 days since soldiers’ death in Galwan, ‘patriot’ Ajay Devgn decides it’s movie material

India’s stand against Chinese aggression is at best foggy, with military talks still underway. But actor-producer Ajay Devgn couldn't wait lest Akshay Kumar claimed the subject.
Martin Wolf, chief economics commentator, Financial Times

India can’t replace China at manufacturing, not without paying more: Economics commentator Martin Wolf

In conversation with ThePrint's Editor-in-Chief Shekhar Gupta, Chief Economics Commentator at The Financial Times, Martin Wolf discussed India's fiscal deficit, banking sector and its potential in the global market.

Defence

Prime Minister Narendra Modi meets soldiers who were injured in Galwan Valley clash, during his visit to Ladakh, in Leh on 3 July 2020 | ANI

Army slams ‘malicious’ claims on Leh hospital visited by PM, says troops get best treatment

Army said troops injured at Galwan are being treated in a repurposed hall that is part of the hospital complex as some wards have been made isolation facilities.
Illustration by Soham Sen | ThePrint

It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionism

India, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.