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Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
- Steel utensils, cookers, non-stick cookware all costlier in June as metal prices climb; firm trend seen till Q3The price of kitchen utensils saw a notable uptick in June, driven by escalating global metal costs. Specifically, inflation for stainless ...
- UPSRTC to run extra buses for Kanwar Yatra, set up 24-hour control roomsThe Uttar Pradesh State Road Transport Corporation will operate additional buses for Kanwar Yatra pilgrims. A 24-hour control room will mon...
- India must fix gas market, pipelines to unlock LNG opportunity: IGU reportIndia's natural gas growth requires infrastructure and industry investment. Market reforms and pricing changes are essential for sustained ...
- EU's new Russia sanctions: What's in the 21st packageThe European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networ...
- Asia going to sweat a lot more in coming weeks amid Middle East crisisThe Asia heatwave is set to intensify across Japan, China and South Korea, driving higher cooling demand, electricity consumption and LNG i...
- India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
- Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasin...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies dur...
- Goldman raises Dutch TTF gas price view on slow Hormuz export recoveryGoldman Sachs raised its Dutch TTF gas price forecasts for the final two quarters of 2025, citing expectations of further delays in the nor...
- Iran war forces cash-strapped Asian nations to buy expensive LNGPakistan and Bangladesh face high LNG costs due to Middle East conflict. This situation strains government finances and prompts rethinking ...
- UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...
- LNG consumption declines 6.5%on costly import, lower outputIndia's natural gas usage saw a notable drop during the April to June quarter, attributed to soaring global LNG prices and a decline in loc...
- HPCL invites LNG suppliers for spot and long-term import dealsHindustan Petroleum Corp has invited LNG suppliers to register for future deliveries. The company seeks both spot purchases and long-term s...
- India watches as US bill targets buyers of Russian oil selectivelyIndia monitors a US bill proposing 100% tariffs on Russian oil imports. This legislation exempts European Union LNG and US uranium purchase...
- First direct US LNG cargo since tariff dispute reaches China, may be re-exportedA United States liquefied natural gas vessel has arrived in China after trade tensions halted direct shipments. This tanker's arrival does ...
- What are the risks of an LNG tanker explosion?A Qatari LNG tanker sustained damage in an attack near the Strait of Hormuz. The vessel, Al Rekayyat, is reportedly at risk of exploding fo...
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