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TRADE REVIEW: Asian nickel market to face structural headwinds, upstream uncertainties in Q3

TRADE REVIEW: Asian nickel market to face structural headwinds, upstream uncertainties in Q3

Indonesia's RKAB nickel ore mining quota review in Q3 2026 will significantly impact nickel prices. Expected quota revisions, new export measures, and feedstock costs will influence supply expectations.
India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

The Indian government, effective July 16, raised windfall taxes on diesel exports to Rs 15.5/litre and ATF to Rs 14.5/litre, while cutting petrol export levy to Rs 2.5/litre, amid global oil market volatility.
UK Gas Prices Extend Gains

UK Gas Prices Extend Gains

UK natural gas prices surged past 130 pence per therm on Wednesday, reaching a three-month high. Escalating Middle East tensions fueled concerns over LNG supplies, driving the significant price increase.
Natural Gas Falls to 2-Month Low

Natural Gas Falls to 2-Month Low

US natural gas prices hit a two-month low, falling below $2.9/MMBtu due to ample domestic supply. Freeport LNG maintenance boosted available gas for US use, contrasting with higher global prices.
Auto exports power ahead in Q1 despite W Asia tensions

Auto exports power ahead in Q1 despite W Asia tensions

Indian auto exports surged 34% to 1.96 million units in Q1, led by two-wheelers, PVs (up 9%), and three-wheelers (up 58%). Strong growth persisted despite West Asia tensions, thanks to diversified markets.
RRVPNL Monetises Spare Fiber Network Through Sterlite Electric Partnership

RRVPNL Monetises Spare Fiber Network Through Sterlite Electric Partnership

RRVPNL partnered with Sterlite Electric to monetize its 17,000 km OPGW fiber network across 50 districts and 300+ towns in Rajasthan. This generates revenue, supports digital connectivity, and leverages existing infrastructure without new CAPEX, achieving nearly 100% uptime.
Largest US electric grid ramps up warnings amid hot temperatures

Largest US electric grid ramps up warnings amid hot temperatures

Largest US grid PJM issued warnings amid soaring temperatures, 164.1 GW demand, and congestion. Auction fell 7 GW short, costing over $16 billion. Data center growth outpaces supply, degrading reliability and spiking prices to $300/MWH.
Shakti Teams get 66 electric two-wheelers in Tirupati

Shakti Teams get 66 electric two-wheelers in Tirupati

Tirupati police inducted 66 Hero MotoCorp-donated VIDA electric two-wheelers for 'Shakti Teams' to enhance women's safety and patrolling. This CSR initiative strengthens sustainable, technology-driven policing, improving emergency response and community outreach.
Kaztransoil sees busier H1 2026 as main pipeline oil volumes rise

Kaztransoil sees busier H1 2026 as main pipeline oil volumes rise

Kaztransoil reported a significant rise in H1 crude oil transportation. Main pipeline volumes hit 22.911 million tonnes (up 643,000 tonnes), with consolidated volumes reaching 23.636 million tonnes (up 562,000 tonnes), indicating busier operations.
Nepal to export up to 1,650 MW of electricity to India under new agreement

Nepal to export up to 1,650 MW of electricity to India under new agreement

Nepal and India agreed to boost electricity trade, allowing Nepal to export up to 1,650 MW and import 1,400 MW via new and upgraded transmission lines. Several cross-border power projects were approved and expedited, enhancing regional energy cooperation.

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