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LNG SUPPLY CURTAILMENT
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
- Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flowsIn a significant turn of events, Oman has emerged as India's top source for liquefied natural gas, particularly following the upheaval caus...
- Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
- 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 ...
- Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, ChinaIran war news: An LNG tanker, Fuwairit, is exiting the Strait of Hormuz for Pakistan. A supertanker, Eagle Verona, carrying Iraqi crude for...
- India can’t escape global oil shock; fuel prices hurting economy, says former BPCL execIndia's economy is significantly impacted by the global oil shock, with crude prices surging by nearly 60%. Former BPCL Marketing Director ...
- Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: ReportA prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, accor...
- 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...
- Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman SachsUS-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...
- How 50 days of the Iran war led to the loss of $50 billion worth of oilGlobal oil markets have lost over 500 million barrels since the Iran conflict began, worth nearly $50 billion. Supply disruptions across th...
- Iran war pushes Asia to think twice before doubling down on LNGA Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily ...
- Crude cargo traffic likely to get caught up in war logjam againA US naval blockade of Iranian ports, following failed ceasefire talks, has increased uncertainty over energy cargo movements and the risk ...
- Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptionsGlobal energy firm Shell plc has significantly increased natural gas supplies to India. This comes as disruptions from the West Asia confli...
- India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefireAn Indian LPG tanker, Jag Vikram, has successfully navigated the Strait of Hormuz, marking a significant development following a US-Iran ce...
- No fuel shortage, say oil firms; urge public to avoid panic buyingIndian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd said there is no shortage of petrol, diese...
- India urea plants at half capacity as West Asia tensions choke gas suppliesIndia's urea production is halved as liquefied natural gas supplies face disruptions. Force majeure declarations have impacted deliveries, ...
- India's city gas distribution sales face 8-10% dip due to West Asian conflict: CrisilIndia's city gas sales face an 8-10% dip due to West Asian conflict impacting LNG imports. While industrial and commercial users will see s...
- GAIL seeks LNG cargo for March delivery, say industry sourcesIndia’s largest gas distributor, GAIL (India) Ltd, has issued a tender to buy one liquefied natural gas (LNG) cargo for delivery between Ma...
- Dabhol cuts electricity generation following fuel crisisThe beleaguered Dabhol power plant has been forced to cut down electricity generation after a technical snag at Petronet LNG's Dahej termin...
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