BLOOMBERG - India sees a greater probability of global crude oil prices remaining high for a longer period, a scenario that threatens to dent growth and fan inflation in Asia’s third-largest economy.

REUTERS - Uzbekistan plans to join an $8 billion project to build a natural gas pipeline from Turkmenistan to India, Uzbek President Shavkat Mirziyoyev said on Monday, although it was unclear whether Tashkent might eventually ship gas through it.

PLATTS - India ended the first quarter of 2018 with robust oil products demand growth of 8.5%, the fastest quarterly growth since Q3 2016, as a renewed push on infrastructure projects and surging auto sales lifted gasoline and gasoil consumption.

PLATTS - "Our collaboration will be a win-win for all," Pradhan told reporters. Pradhan said India offers attractive oil and gas markets for the US as the country is the fastest-growing large economy, with 8% annual growth in energy consumption.

REUTERS - GAIL renegotiated the terms of a long-term 2.5 million tonnes per annum (mtpa) liquefied natural gas (LNG) purchase deal with Russia’s Gazprom in January.

BLOOMBERG - “We are a very price-sensitive consumer,’’ Pradhan said on Tuesday. “From Indian consumers’ point of view, I will be more than happy if the price is around $50 a barrel.’’

PLATTS - India's state-run refiners and Saudi Aramco signed an agreement Wednesday to jointly build an integrated refinery and petrochemical complex on India's west coast at a cost of $44 billion, Saudi energy minister Khalid al-Falih said.

REUTERS - Indian Oil Corp plans to invest 1.43 trillion rupees ($22 billion) in next five years as the country’s top refiner seeks to raise its annual capacity to about 3.2 million barrels per day by 2030,

WNN - India is planning a tenfold increase in uranium production over the next 15 years, Minister of State Jitendra Singh told the country's parliament yesterday. State company Uranium Corporation of India Ltd (UCIL) has outlined expansion plans to meet the Department of Atomic Energy's (DAE) vision of achieving self-sufficiency in uranium production.

WNN - India and Vietnam have signed a memorandum of understanding (MoU) to strengthen their cooperation in nuclear energy. The agreement was one of three MoUs signed during Vietnamese President Tran Dai Quang's visit to India.