Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
30 Jun, 2026, 04.53 PM IST
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
30 Jun, 2026, 04.16 PM IST
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
30 Jun, 2026, 03.51 PM IST
Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
29 Jun, 2026, 06.25 AM IST
Qatar offers crude for July-August loading via tender, sources sayQatarEnergy has launched a tender to sell crude oil for July-August loadings, offering its Al-Shaheen, Marine Qatar, and Marine Land grades...
26 Jun, 2026, 10.16 AM IST
In touch with Qatari authorities to bring back mortal remains of Indians killed in explosion: MEATragedy struck Qatar's Ras Laffan gas field as an explosion claimed the lives of 12 Indian nationals, with 66 others injured. India's Minis...
23 Jun, 2026, 09.52 PM IST
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
23 Jun, 2026, 08.34 PM IST
India issues first response after explosion at Qatar’s Ras Laffan kills 12 IndiansIndia's External Affairs Minister, Dr. S. Jaishankar, expressed deep sorrow following an explosion at Qatar's Ras Laffan Industrial City th...
23 Jun, 2026, 10.00 AM IST
12 Indians among 13 killed in blast at Qatar's Ras Laffan LNG complex during restartA devastating explosion at Qatar's Ras Laffan LNG complex has claimed thirteen lives and injured sixty-six. The incident occurred during th...
23 Jun, 2026, 08.53 AM IST
Explosion at Qatar’s Ras Laffan leaves 54 injured, 18 missing as emergency teams respondA massive explosion rocked the Ras Laffan industrial area in Qatar, injuring 54 people and leaving 18 missing. Authorities are describing t...
22 Jun, 2026, 06.59 AM IST
Nearly 12 ships carrying fertiliser cross Strait of HormuzAt the onset of the Iran war, eight urea, four diammonium phosphate (DAP), one ammonia and three sulphur vessels bound for India were stran...
22 Jun, 2026, 12.04 AM IST
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...
21 Jun, 2026, 11.46 AM IST
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for PakistanAn LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace...
18 Jun, 2026, 09.21 AM IST
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
17 Jun, 2026, 10.29 AM IST
Qatar plans to rapidly restart LNG production after Hormuz opensQatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening...
16 Jun, 2026, 01.56 PM IST
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...
15 Jun, 2026, 09.08 PM IST
Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
15 Jun, 2026, 11.07 AM IST