Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
India's top gas importer sets eyes on US LNG under long-term deal with QatarIndia is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war dis...
Petronet LNG faces arbitration as vessel owners seek Rs 625 crore in duesThree owners of LNG vessels are pursuing arbitration against Petronet LNG for Rs 625 crore in unpaid dues. The vessels have been largely id...
2 tankers explode after allegedly hitting naval mines in Strait of Hormuz, Iran claimsIran's Islamic Revolutionary Guard Corps reported that two oil tankers exploded in the Strait of Hormuz after striking naval mines. Both ve...
Qatari LNG tanker attacked in Gulf amid Iran-US conflict, state media reportsA Qatari tanker has been attacked with "unidentified objects" while transiting Gulf waters, the country's state news agency reported Sunday...
Marshall Islands-flagged LNG carrier with six Indians targeted in Persian Gulf attack; all crew safeOn October 30, an LNG carrier named M/T AL MAYEDA was targeted in a projectile attack. The vessel carried six Indian seafarers along with a...
Indian-American-led firm gets US nod for $8.2 billion LNG port off Texas coastST LNG has received approval to build a deepwater liquefied natural gas port off Matagorda, Texas, costing USD 8.2 billion. Construction is...
GAIL Q2 profit surges over two fold YoY to 4,650 cr despite global disruptionsGAIL (India) has reported a remarkable increase in net profit, reaching ₹4,650 crore for the September quarter, more than double from the p...
Singapore thrived on chokepoints. Now they’re a threatSingapore faces challenges in maintaining its prosperity due to its dependence on larger neighboring countries for energy supplies. Recent ...
Pakistan running out of gas: 12 kg LPG cylinder costs PKR 7000Pakistan’s gas crisis has intensified as LPG prices climb to PKR 600 per kg in some areas following disruptions to imports from Iran. Domes...
GAIL India to invest $63 million in heating unit at Ratnagiri LNG terminal, executive saysGAIL India is investing 6 billion rupees to build a heating unit at its Ratnagiri LNG terminal. This facility is expected to be completed b...
India woos South Korea, Cyprus to boost shipbuilding and maritime sectorUnion Minister Sarbananda Sonowal engaged South Korean and Cypriot maritime leaders to enhance India's shipbuilding capabilities. Discussio...
Singapore launches first LNG term supply tender, weighs third import terminalSingapore’s state gas buyer GasCo has launched its first LNG procurement exercise to secure long-term supplies as the country prepares to e...
Petronet LNG, Gruner Renewable float JV to develop CBG plants with Rs 1,200 cr investmentPetronet LNG and Gruner Renewable Energy have formed a 50:50 joint venture to develop compressed biogas plants. This joint venture will inv...
Qatar Energy locks in US LNG supply from Cheniere as Hormuz disruption drags onQatar Energy has signed a significant liquefied natural gas agreement with Cheniere Energy to purchase 4 million metric tons annually. The ...
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gapIndia has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now impo...