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LNG SUPPLY DISPUTE
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...- Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
- 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...
- Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150?Crude oil prices surged to near $115 per barrel, the highest since June 2022, driven by escalating Iran conflict tensions and supply risks....
- 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...
- Karachi plunged into gas crisis as authorities fail residents during RamazanKarachi is grappling with a severe gas shortage this Ramazan. Suspended LNG shipments from Qatar have disrupted household supplies. Fasting...
- GAIL settles $1.8-bn claim against former Gazprom unit for $285 mnGAIL (India) Ltd has agreed to a $285 million settlement with SEFE Marketing & Trading Singapore Pte Ltd over a $1.817 billion compensation...
- Former Gazprom unit says Russian sanctions disrupted LNG supply to GAILGAIL, an Indian gas utility, faced supply disruption due to sanctions imposed by Moscow on SEFE, a former unit of Russian energy giant Gazp...
- Delhi HC seeks Gail’s response on ArcelorMittal’s plea for LNG supplyArcelorMittal Nippon Steel India, a prominent steel manufacturer, has filed a petition with the Delhi High Court, seeking to halt GAIL (Ind...
- Spot LNG price crash set to make life harder for Indian suppliers of long-term gasInternational gas prices, a variable in the domestic price, have also been falling.
- Qatar charts second gas boom as Saudis try to tighten the nooseState-owned Qatar Petroleum will boost its production by 30 percent to 100 million tons a year within seven years from about 77 million ton...
- Dabhol plant may be rented out to private producersAfter being forced to shut Dabhol power plant, GAIL India & NTPC are considering renting out 1,967-MW unit to private electricity generator...
- SC: Gas price war between GAIL and GSPCL to be decided by arbitrationSC held that the gas price fixation dispute between GAIL and GSPCL on supply of RLNG sourced by PLL from Qatar has to be decided through ar...
- Govt for uniform marketing margin for natural gas; exemption likely for city gas distribution companies and LNG importersThe oil ministry plans a uniform marketing margin for natural gas produced in the country as it moves decisively in the dispute between key...
- Asia-Pacific sees premium long-term LNG dealsNotwithstanding the crash in natural gas prices and low prices of liquefied natural gas (LNG) in the spot market, fresh long-term deals in ...
- Govt likely to ask Bombay HC to allow interim sale of RIL’s KG gasConcerned over the court battle between the Ambanis over gas and the delay in output, the empowered group of ministers has billed it as one...
- Petronet to move SC on LNG pricingEven as domestic gas supply is tied up in courtroom battles and price disputes, imported gas too promises to get caught up in litigation.
- Petronet to ink LNG import pact with Qatar firmPetronet LNG Ltd, India's largest liquefied natural gas importer, may sign a contract to import LNG from Qatar to supply India's biggest ga...
- RGPPL mulls buying gas from RIL's KG basin fieldRatnagiri Gas & Power Pvt Ltd, the owner of the beleaguered Dabhol power project, is keen on sourcing natural gas for the entire 2,150 MW p...
- NTPC not interested in RIL’s settlement offerNTPC has spurned Reliance Industries’ (RIL) latest move to find an out-of-court settlement to the ongoing dispute over gas supply and price...
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