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LNG STORAGE CAPACITY
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...- 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...
- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
- 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...
- India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
- India-UAE energy agreement: This Emirati strategy has powerIndia and the UAE have signed a significant energy agreement. This deal allows the UAE to store crude oil in India's reserves. It also expl...
- India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
- Why are gas prices down today, and will Waha Hub rates rise or decline in near future? US natgas futures, Henry Hub futures, European TTF futures and Japan-Korea MarkerWhy are gas prices down today, and will Waha Hub rates rise or decline in near future? US natural gas futures dropped after weaker demand f...
- India looks to boost LNG tank capacity as Qatar supplies stallIndia imports about half of its natural gas requirement, which is used to generate electricity, make fertiliser, convert into CNG to run au...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Why are oil prices up today while natural gas futures continue to drop now? Oil market surge, gas decline, Brent crude futures, Waha Hub prices explainedWhy are oil prices up today while natural gas futures continue to drop now? Oil prices moved near levels last seen in 2022 as geopolitical ...
- A 22-day oil clock ticks down in Iran as Strait of Hormuz blockade tightens chokeholdIran faces a critical shortage of oil storage. Unused capacity is dwindling, potentially leading to significant production cuts. A US-led b...
- Viksit Bharat cannot run on fossil fuels -- and 2047 is the deadlineIndia aims for Viksit Bharat by 2047 but faces risks from imported fossil fuels. A shift to clean energy is crucial for economic stability ...
- West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
- DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
- Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
- LNG terminals may need to raise storage 10%India is set to require LNG import terminals to build ten percent extra storage. This capacity will be available for the government during ...
- Centre mulls floating LNG storages at major portsThe government is considering a proposal to establish LNG dispensing stations for trucks inside ports using floating storage units (FSUs) a...
- Petronet invites bids to lease out LNG storage tanks at KochiPetronet LNG Ltd has invited bids to lease out under-utilised storage tanks at its recently commissioned LNG import facility at Kochi in Ke...
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