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LNG SUPPLY SHORTAGE
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...- 'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- US Development FinCrop to invest $1.5 billion in Indo-Pacific energy platform, eyes South Asia buildoutThe US International Development Finance Corporation is investing $1.5 billion in a new energy platform for the Indo-Pacific. This major pr...
- The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
- NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in GujaratNLC India Ltd and Reliance Industries Ltd are partnering to explore underground lignite gasification in Gujarat. This collaboration aims to...
- World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEAThe world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The Inter...
- QatarEnergy extends force majeure to mid-August, Italian Edison looks to US for replacementsQatarEnergy has prolonged its force majeure on LNG shipments to Italian utility Edison. This impacts supply and Edison's financial performa...
- 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...
- 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...
- India buying Russian oil irrespective of US sanctions waivers, Indian official saysIndia has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...
- Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
- ‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
- Coal gasification key to build long-term resilience against global energy shocks: ExpertsIndia needs to boost its domestic coal gasification capabilities. This will build resilience against global energy shocks and achieve econo...
- Moody's slashes 2026 India growth forecast to 6%Moody’s Ratings has cut India’s GDP growth forecast for 2026 by 0.8 percentage points to 6 per cent, citing weak private consumption, slowe...
- Why are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Full market explanation after Trump rejects Iran responseWhy are oil and gas prices up today, and will Brent, US WTI crude futures, British and Dutch gas rates rise sharply or fall again? Oil and ...
- Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data showsA second Qatari LNG tanker, Mihzem, is transiting the Strait of Hormuz to Pakistan under an Iran-approved deal, following the Al Kharaitiya...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
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