Sambit Mohanty

Navigating trade, technology and transition—that's the theme of this year's Asia Pacific Petroleum Conference, or APPEC 2025, by S&P Global Commodity

Sky-high US tariffs are prompting India and Brazil to explore opportunities to boost oil trade, as New Delhi looks for alternatives to Russian oil,

The EU has unveiled plans to ban imports of petroleum products made from Russian crude starting in January 2026, revised its oil price cap mechanism

India's role in global oil markets is poised for rapid expansion in the foreseeable future, as demand growth is expected to keep its uptrend while many other leading consumers experience a slowdown. Asia's second-biggest economy is projected to achieve a relatively faster growth rate in oil demand of 3.2%, compared to China's 1.7%, according to S&P Global Commodity Insights. Key government priorities include fostering oil diplomacy with the US and Russia, signing term deals with non-OPEC and new crude oil suppliers, pursuing refining expansion, and making the upstream sector more attractive to overseas investors.

Dramatic shift from Russian crude to US unlikely: S&P Global India may explore more US oil term contracts, storage cooperation India is unlikely to trim its purchases of Russian crude under a new Dona

Brazilian crude exports to India subdued in recent months Higher shipping costs, sailing time of one month key hurdles India has intensified efforts to expand crude oil purchases from Brazil amid esca

Enhanced oil recovery techniques, deepwater drilling, could unlock new reserves More incentives needed to attract private, overseas investments into upstream Digital transformation and AI set to alter

Fossil fuels to continue to play a role in India's energy mix AI led technologies to aid in Shell's molecule optimization journey Recent acquisitions to help to expand new energy footprint The India C

Never before India’s oil import basket has changed so dramatically as it has changed in the past three years.

New Iranian president sees current US sanctions as a ‘disaster’ Buyers in China keep an eye on any potential policy changes Asian countries will benefit if Iranian oil flows normalize: S&P Global Asia