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Europe enters gas summer cycle under fragile supply outlook

Europe enters gas summer cycle under fragile supply outlook

Europe's gas market entered its summer injection season April 1 with a fragile supply outlook. Geopolitical shocks and structural shifts are reshaping expectations for storage refilling and price formation.
OPEC+ likely to weigh further oil output hike on Sunday, sources say

OPEC+ likely to weigh further oil output hike on Sunday, sources say

OPEC+ may weigh further oil output hikes Sunday, signaling readiness for supply once the Strait of Hormuz reopens. Current war-related disruptions caused record oil shortfalls, pushing crude prices to $120/barrel.
India pushes PNG expansion to 30 lakh connections amid West Asia crisis

India pushes PNG expansion to 30 lakh connections amid West Asia crisis

Amid West Asia crisis, India targets 30 lakh new PNG connections in over 150 high-priority districts. The Centre intensifies efforts to expand piped natural gas, enhancing energy access and fuel security, with 60 lakh LPG users identified for migration.
Smart ToD meters spark confusion among power consumers in Pune

Smart ToD meters spark confusion among power consumers in Pune

Pune consumers are confused by higher bills after MSEDCL installed ToD smart meters, with some reporting jumps from Rs1,200 to Rs29,000. MSEDCL blames old meter inaccuracies and lack of awareness, highlighting Rs8.6 crore in discounts.
India receives fuel supply request from Maldives

India receives fuel supply request from Maldives

India, the world's fourth biggest refiner, is examining a fuel supply request from Maldives. Maldives typically sources from Oman, but Middle East disruptions prompted the request. India already supplies Bangladesh, Nepal, Bhutan, and Sri Lanka.
Patna Zoo Digital Upgrade Transforms Visitor Experience

Patna Zoo Digital Upgrade Transforms Visitor Experience

Patna Zoo's digital upgrade introduces guided electric vehicle tours, a mobile app for tickets/navigation, and QR code info systems, enhancing visitor experience and sustainability.
Iran war will debilitate petrochemicals for the rest of 2026

Iran war will debilitate petrochemicals for the rest of 2026

Iran war severely impacts global petrochemicals, causing a 14 million bpd oil shortfall and 12% ethylene production outage. Asia faces a supply crisis; polyethylene costs doubled, prices up 40-50%. US exports benefit, post-war supply chains disrupted.
Power Sector Drives Rating Upgrades in FY2026 Amid Strong Credit Improvement: ICRA

Power Sector Drives Rating Upgrades in FY2026 Amid Strong Credit Improvement: ICRA

The power sector led FY2026 rating upgrades, with its credit ratio rising to 5.2 from 3.4 (FY2025), driven by strong project execution, stable operations, and financial strengthening. Overall credit ratio hit 3.1, with low 0.4% default rates, despite geopolitical risks.
Karnataka second in EV charging network with 2,039 stations

Karnataka second in EV charging network with 2,039 stations

Karnataka now ranks second in India for EV charging networks, boasting 2,039 operational stations. This significant growth, including 1,034 additions in 2024-25, places it behind only Uttar Pradesh in national rankings.
Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

Facing Middle East conflict's impact on LPG imports, govt reroutes refinery feedstock (propylene) from cooking gas to industries like packaging and condom manufacturing, hit by petrochemical shortages. Domestic LPG supply is assured.

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