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LIQUEFIED NATURAL GAS IMPORTS
Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...- Higher LNG prices likely from September; downstream players may face margin pressure costs: ReportIndia’s LNG demand remains resilient despite spot prices above $20/MMBtu, but rising gas costs could squeeze downstream margins, according ...
- IGL shares jump 3% after CNG price hike in Delhi NCR. What lies ahead?IGL shares witnessed an uptick on Monday after the company hiked CNG prices by Rs 3.89 per kg in Delhi-NCR, citing higher imported LNG cost...
- Commerce ministry meeting industry, exporters on India-US trade on September 1India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goya...
- Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...
- CNG price hiked by Rs 3.89/kg in Delhi-NCR amid West Asia crisis; check city-wise ratesNew CNG price: Indraprastha Gas Limited has raised compressed natural gas prices by Rs 3.89 per kilogram. This price adjustment took effect...
- Iran sets conditions for reopening Strait of Hormuz, seeks end to warIran is drawing up conditions for reopening the Strait of Hormuz after mediators asked Tehran to specify its demands, including an end to t...
- Centre allows imported coal in Rs 37,500-crore gasification schemeThe government permits imported coal for gasification projects under a new scheme. This initiative aims to convert coal into valuable chemi...
- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Iran threatens 45 tankers with fines, confiscation in Hormuz escalationIran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these...
- Bangladesh's gas crisis hits factories, homes and transportIn the face of an acute natural gas scarcity, Bangladesh is witnessing the shutdown of key fertiliser plants, impacting hundreds of factori...
- India buys its most expensive LNG in years as war upends marketIndian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as t...
- US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
- Government offers cheaper domestic gas to city gas distributors to boost PNG connectionsThe government will provide cheaper domestic gas to distributors. This incentivizes converting inactive piped natural gas meters into worki...
- Mahanagar Gas eyes 1 million new PNG connections in FY27, capex raisedMahanagar Gas Ltd is increasing capital expenditure by twenty percent this financial year. The company plans to triple daily piped natural ...
- Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
- Govt brings incentive scheme to accelerate household piped gas connectionsA new government incentive scheme aims to accelerate piped natural gas connections. Eligible companies will receive cheaper gas for new hou...
- Iran war: Hormuz crossings rise slightly from weekend, remain in single digits, data showsShip crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. N...
- GAIL’s LNG portfolio bolsters India’s energy resilience amid global uncertainty: CMDGAIL's Chairman Deepak Gupta highlighted the company's role in nation-building. The state-owned firm is reinforcing India's energy resilien...
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