Hindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is scheduled for delivery d...

GAIL India shares fell 5% despite the Maharatna PSU reporting a near doubling of Q1 FY27 consolidated net profit to Rs 4,665 crore. While J...

Asia's thermal coal imports are expected to rise for a third straight month in July, driven by stronger demand from China, Japan and South ...

India'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...

A United States liquefied natural gas vessel has arrived in China after trade tensions halted direct shipments. This tanker's arrival does ...

Electric vehicles are gaining ground fast in key city gas areas and the surge is starting to eat into CNG market share and could weigh on l...

Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...

In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...

India's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing...

GAIL plans to double its LNG trading volume by 2030, Gupta said, without specifying the current size of its business. "We have expertise in...

Record-high liquefied natural gas (LNG) prices will hurt the sector in the long run, slow industries' switch to natural gas, and delay Indi...

Petronet LNG Ltd. and Indian Oil Corp. awarded tenders for delivery over the next few months, the first spot purchases since March, accordi...

GAIL, the country’s largest gas marketer, has diverted cargo to Kuwait while Petronet LNG, the nation’s largest LNG importer, has reschedul...

The fall in LNG prices since September 2014 did not benefit India much as Petronet LNG was unable to offload the high cost gas from RasGas.