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US OIL AND GAS
Over 2,000 years ago, ancient Chinese miners invented deep percussion drilling to extract salt, creating downhole engineering innovations that modern energy industries still depend on todayOver 2,000 years ago, ancient Chinese miners faced a crisis. They desperately needed salt to preserve food. But rich brine sat hundreds of ...
MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...
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 ...
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
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 ...
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
Why US' Russia act need not worry IndiaThe proposed US Sanctioning Russia Act, which could impose tariffs on major buyers of Russian oil and gas, may have limited chances of beco...
Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlookRenewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in...
A $100 question and all you need to know about markets for next weekGlobal markets face a pivotal week as the Federal Reserve, Bank of Japan and Bank of England meet against the backdrop of the Middle East c...
US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
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...
Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...
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...
Iran-US war impact: Gas, oil prices jump big again, check how latest escalation is burning a hole in common Americans' pockets. What to expect in coming daysUS Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affor...
Bonds unsettled as oil and gas climb, earnings loom for AIThat sent U.S. yields higher, with the benchmark 10-year Treasury yield at 4.55%, while yields on 30-year Treasuries are back above the ps...
Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oilA bipartisan bill introduced in the US Senate proposes 100% tariffs on imports from the top five buyers of Russian oil or gas, including In...
'Region's oil and gas exports are either for everyone or for no one': IRGC warns after claiming strikes on US 5th fleet base in BahrainIran's IRGC warned of targeting oil routes for US allies after striking a naval base. The force claimed destruction of command centers and ...