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Venezuela Turmoil Unlikely to Threaten India’s Energy Security Why in the News ? Amid renewed U.S. military action against Venezuela, concerns were raised about global oil supply disruptions. However, official trade data shows that Venezuelan crude forms a negligible share of India’s oil imports, limiting any impact on India’s energy security. Limited India–Venezuela Oil Trade …
Read MoreCheaper Gas: Key to India’s Low-Carbon Transition Syllabus: GS-3: Issues Relating to Growth & Development, Renewable Energy, Environmental Pollution & Degradation Why in the News? India’s energy policy focus has returned to natural gas as global prices are expected to decline, making gas imports more affordable. With Gazprom planning an LNG terminal in India, cheaper …
Read MoreWhy in the news? India’s escalating dependence on imported crude oil, reaching a record high in FY24, impacts economy and government initiatives. source:IE About the Increasing Reliance on Oil Imports: India’s dependence on imported crude oil reached a new peak in the fiscal year 2023-24 (FY24) due to rising demand for fuel and petroleum products …
Read MoreSyllabus: GS-III Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Conservation, Environmental Pollution and Degradation, Environmental Impact Assessment. Why in the news? India’s coal imports scrutinised amid electricity shortages, highlighting logistical challenges and misconceptions regarding alternative sourcing. Source:wordpress Highlights of the logistical challenges of Coal: India faces electricity shortages due to unpredictable weather patterns and a …
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