All content tagged with “Energy Diplomacy” - 45 items
India has approved daily power exports to Nepal till December 31, providing up to 654 MW to help address electricity shortages caused by recent flood damage.
The Strait of Hormuz has seen a sharp decline in vessel traffic following the escalation of the West Asia conflict, disrupting the movement of oil, LNG and other commodities. The waterway previously handled nearly 20% of global oil and LNG exports, making the prolonged disruption a major concern for global energy security.
India and Mauritius have exchanged a G2G MoU on oil and gas cooperation, alongside a five-year agreement under which IOCL will supply Mauritius’ entire import requirement of MS, HSD and ATF.
The United States has established a maritime shipping corridor across the Strait of Hormuz to facilitate crude oil shipments amid the ongoing conflict with Iran. The corridor is supporting nightly movement of 15 to 20 tankers, with oil exports from the Gulf reaching nearly 10 million barrels per day.
India hosted the eighth BRICS Youth Energy Summit 2026 virtually under its BRICS Chairship, with more than 100 participants discussing energy security, access, sustainability, technology and innovation.
Brent crude futures rose 0.85% to $91.79 a barrel, while WTI climbed 1% to $85.79 amid uncertainty over vessel movement through the Strait of Hormuz and ongoing supply disruptions.
Iran and Oman have reached an understanding on a vessel transit route through the Strait of Hormuz, with details of a joint statement still being finalised.
Shipping traffic through the Strait of Hormuz fell to six vessels on Monday, below the 10-day average of roughly 11, amid renewed uncertainty over a potential US-Iran peace deal.
Iran and Oman have reached a provisional understanding on a new shipping route through the Strait of Hormuz, with a joint statement expected once final details are settled, although Tehran cautioned that the agreement would not immediately ensure safe navigation.
India has urged an immediate de-escalation of hostilities in the Strait of Hormuz at the UN Security Council, calling for unrestricted maritime trade and safe navigation while highlighting the region's importance to the country's energy security and trade.
Oman has proposed a joint management framework with Iran for the Strait of Hormuz, including a transit fee mechanism, as diplomatic efforts continue following a pause in US-Iran hostilities.
Crude oil prices climbed to their highest level in six weeks as escalating tensions in West Asia and fresh threats to key shipping routes heightened concerns over global oil supplies. Brent settled at $96 per barrel, while WTI rose to $88.24.
External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed energy, trade, defence, critical minerals and regional security during talks held on the sidelines of ASEAN meetings in Manila.
The International Energy Agency has warned that global energy security remains under severe threat unless diplomatic efforts between the United States and Iran restore oil flows through the Strait of Hormuz, as regional tensions continue to escalate.
The India-UK Comprehensive Economic and Trade Agreement and Double Contribution Convention have come into force, strengthening the competitiveness of India's clean energy manufacturing, engineering exports and energy services.
India and Australia have completed the administrative arrangement under their Civil Nuclear Cooperation Agreement, enabling long-term Australian uranium exports to support India's nuclear energy expansion.
Oil prices climbed 4% after fresh US-Iran military strikes reignited concerns over energy shipments through the Strait of Hormuz, with vessel traffic dropping to a five-week low.
External Affairs Minister Dr S Jaishankar concluded his official visit to Qatar, where both sides reviewed bilateral cooperation across energy security, trade, investments, connectivity, security, and people-to-people ties.
India and Japan have signed a strategic energy cooperation agreement to enhance petroleum reserve ecosystems, maritime energy transport, and emergency response coordination while deepening collaboration under the India-Japan Energy Dialogue.
India and Japan have unveiled a strategic roadmap centred on energy security, resilient supply chains, critical minerals, AI and emerging technologies amid growing geopolitical and trade uncertainties.
Iran has said safe navigation through the Strait of Hormuz requires coordination with Tehran, warning that alternative transit arrangements made without its involvement could be suspended.
Iran's Islamic Revolutionary Guard Corps has directed commercial vessels to use only Iran-designated shipping corridors through the Strait of Hormuz, escalating concerns over maritime security and global energy trade.
Venezuelan Acting President Delcy Rodríguez will visit India from June 3-7 to strengthen cooperation across energy, trade, finance, science and technology sectors.
NSA Ajit Doval holds talks in Saudi Arabia on energy cooperation as India steps up engagement with key suppliers amid Hormuz disruptions and energy security concerns.
PM Modi raised concerns over attacks on energy infrastructure and stressed secure shipping routes in talks with Saudi Crown Prince
Iran says it is allowing vessels from select countries, including India, to pass through the Strait of Hormuz, while restricting access for others amid West Asia the ongoing conflict.
PM told Rajya Sabha today that India is in touch with Iran, Israel, US; pushes for reopening of Strait of Hormuz as crude, LPG shipments continue to arrive.
Global oil prices climbed after US strikes on Iranian military assets on Kharg Island heightened tensions in the Persian Gulf and raised concerns about potential disruptions to global energy supplies.
Prime Minister Narendra Modi stressed the need for unhindered transit of energy and goods during a call with Iran’s President amid rising concerns over West Asia disruptions.
External Affairs Minister S Jaishankar spoke with Iran’s foreign minister Seyed Abbas Araghchi amid escalating Middle East tensions that are raising concerns over global oil flows and energy security.
The US has granted India a 30-day waiver to continue purchasing Russian oil cargoes already at sea, as tensions in West Asia raise concerns over global energy supply disruptions.
Commerce and Industry Minister Piyush Goyal said the interim India–US trade framework aims to diversify suppliers and secure more competitive pricing.
Foreign Secretary Vikram Misri said India will continue to source crude from a mix of suppliers based on market conditions, stressing affordable and reliable energy for consumers remains top priority.
India and Malaysia have agreed to expand collaboration in renewable energy and green hydrogen focussing on large-scale solar initiatives and continued engagement by PETRONAS, Gentari in India’s clean energy landscape.
India has reaffirmed that energy security for its 1.4 billion citizens remains its foremost priority following the US decision to revoke 25 percent punitive tariffs linked to Russian oil purchases.
The United States is set to remove the 25 percent additional tariff imposed on India for importing Russian crude oil, according to a Bloomberg report.
Prime Minister Narendra Modi said India’s energy sector offers $500 billion in investment opportunities, as the country shifts from energy security to energy independence.
India used World Economic Forum, Davos 2026 to reinforce investor confidence in its renewable energy transition, highlighting opportunities in solar, wind, hydrogen and energy storage.
Prime Minister Narendra Modi will inaugurate India Energy Week 2026 in Goa virtually, with global ministers and industry leaders gathering to discuss energy security, investment and decarbonisation pathways.
India and the UAE signed a 10-year LNG supply agreement and agreed to expand nuclear energy cooperation during President Sheikh Mohamed’s visit to New Delhi.
External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio discussed energy cooperation, critical minerals and nuclear power, with trade and regional issues also reviewed.
The US has indicated it may allow India to resume purchases of Venezuelan crude under a Washington-controlled framework, even as pressure continues on New Delhi over Russian oil imports.
When Narendra Modi became Prime Minister in 2014, India’s energy sector was troubled by shortages and inefficiencies; a decade later, reforms have driven major progress towards clean energy leadership.
Over a decade, India reshaped its energy economy through leadership-driven reforms, inclusion and clean-energy scale, strengthening security, markets and households, and setting the foundations for a credible, long-term transition.
The future of business is intrinsically linked to the future of Health, Safety and Environment (HSE). This is not rhetoric, it is a defining conclusion revealing HSE’s vital role as a strategic imperative for organisational resilience and sustainable development.