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Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...
Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
Storm Arthur tracker, path: Tropical storm hits Texas, flooding alert in Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, 20,000 barrels of oil could be lost as Atlantic Hurricane Season 2026 beginsStorm Arthur updates: Flooding was likely through Friday over parts of Texas, Louisiana, Mississippi, Alabama, Georgia and the Florida Panh...
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
QatarEnergy extends force majeure to mid-August, Italian Edison looks to US for replacementsQatarEnergy has prolonged its force majeure on LNG shipments to Italian utility Edison. This impacts supply and Edison's financial performa...
India's GAIL sells LNG cargo as early monsoons cause weak power demand: SourcesGAIL (India) Ltd re-sold an LNG cargo due to full storage tanks and weak power demand caused by cooler monsoon weather. This reduction in L...
LNG traders divert four US cargoes from Europe to AsiaSeveral LNG cargoes initially destined for Europe have been redirected to Asia due to a shift in price dynamics. European prices have falle...
Stocks in news: Zomato, Cyient DLM, L&T, Petronet LNG, NHPCStocks in news: The markets saw an uptick of almost half a percent on Tuesday, with Zomato, Cyient DLM, L&T, Petronet LNG, and NHPC grabbin...
Nebula Energy to buy majority stake in AG&P LNG for $300 mnNebula Energy LLC is acquiring a majority stake in AG&P LNG for $300 million, giving it a foothold in the Indian market. Nebula Energy is a...
Explainer: How could Red Sea attacks affect oil and gas shipping?QatarEnergy, the second-largest exporter of liquefied natural gas (LNG), has halted sending tankers via the Red Sea due to attacks by Yemen...
Tata Steel first Indian firm to use LNG powered Capesize carrier for raw materialIn an initiative to lower the company's Scope 3 carbon footprint, the steel major imported 1,65,700 metric tons of coal from Australia's Gl...
Global gas ship shortage sends vessel rates surging to recordBuyers are snapping up all available vessels as demand for gas increases with winter approaching, and refraining from releasing any back in...
Freezing temperatures push Asian gas prices to new recordsWith the forecast indicating the return of milder weather, prices may peak soon as demand for heating fuel diminishes, traders and analysts...
Atlantic Gulf & Pacific Company to set up LNG terminal at KaraikalThe terminal will have a capacity of one million tonnes a year in the first phase, which will be doubled in two years.
GAIL India inks agreement to buy 2.5 million tonnes of LNG from US-based firmGAIL had previously signed deals to buy 3.5 million tonnes of LNG from Cheniere Energy Inc's Sabine Pass terminal in Louisiana.
- RIL may join GAIL in race for Repsol’s LNG assets
Reliance Industries (RIL) may submit a nonbinding offer to buy the liquefied natural gas (LNG) assets of Spanish energy giant Repsol.