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LNG PURCHASE AGREEMENT
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...- 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...
- G7 allies scramble to put Ukraine back atop Donald Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia throu...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- G7 allies scramble to put Ukraine back atop Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. France and other European nations are now the main supporters of Kyiv....
- Inpex shuts one LNG train at Australian Ichthys plant due to strikeJapan's Inpex has halted one of two liquefied natural gas production trains at its Ichthys plant in Australia. This closure follows a strik...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
- Dollar steadies as markets await signals on Iran war, central banksThe U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal t...
- USD rate today: Check U.S Dollar against Euro, Yen, SterlingU.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.
- India races to secure fertilisers as crucial sowing season approaches amid war disruptionsIndia is seeking to boost its fertiliser reserves for the upcoming kharif sowing season by floating tenders for 1.7 million tonnes of urea ...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil dips as markets watch Iran ceasefire, Trump-Xi China summit and Strait of Hormuz risksWhy are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decl...
- This US CEO sold his family business for $1.7 billion, then shared $240 million with 540 employeesA Louisiana businessman, Graham Walker, distributed nearly $240 million to his 540 employees after selling his family company, Fibrebond, f...
- Amid renewed ties between India and Canada, energy cooperation in focus: Christopher Cooter, Canadian High CommissionerCanada is ramping up its infrastructure to facilitate energy exports to India, with LPG shipments slated to commence by 2027. Moreover, the...
- India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
- Pakistan LNG seeks three spot LNG cargoes in first tender since December 2023Pakistan is seeking LNG cargoes to address supply shortages. The country has not received shipments since a conflict began. This has impact...
- GAIL signs pact to buy 1 million tonnes LNG from Vitol AsiaGreat news for India's energy sector. GAIL and Vitol Asia have signed a major gas sales agreement. GAIL will purchase 1 million tonnes of L...
- IOC to buy LNG from ADNOC Gas over 14 yearsIndian Oil Corporation has signed a 14-year agreement to buy up to 1.2 million tonnes per annum of LNG from UAE's ADNOC Gas starting 2026, ...
- Indian Oil Corporation signs agreement to buy 0.7 MT LNG a year from USIOC said it has signed an interim agreement to buy 0.7 million tonnes (MT) a year of LNG from US on a long-term contract beginning 2018.
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