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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.
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.
Coal Exchanges portal launched to register operators in India

Coal Exchanges portal launched to register operators in India

India launched a Coal Exchanges portal for regulated coal trading, enabling online registration for 25 years. It aims for transparent price discovery, improved supply chains, and ease of doing business, modernizing the sector.
India Mining Week 2026 to be held from November 15-17: Union Minister G Kishan Reddy

India Mining Week 2026 to be held from November 15-17: Union Minister G Kishan Reddy

India Mining Week 2026, from Nov 15-17, announced to boost the mining sector. Expecting 25,000+ professionals and 500+ exhibitors, it aims to foster innovation, sustainability, and global partnerships, reflecting India's growth and reforms.
ONGC board approves 1.75 million ton expansion of India's strategic crude oil reserves in Mangalore

ONGC board approves 1.75 million ton expansion of India's strategic crude oil reserves in Mangalore

ONGC approved a 1.75 million-ton expansion of India's strategic crude oil reserves in Mangalore, a nationally important project funded by ONGC. This boosts India's energy security, managed by ISPRL, aiming for one-month demand coverage.

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