India's use of crude tankers to export diesel slows in MayIndian refiners reduce diesel shipments to Europe in May due to rising inventories and weak price spreads. April saw high exports, mostly f...
Offshore wind’s next big problem: not enough shipsThe looming shortage of ships capable of handling such turbines comes on the back of a tumultuous 2023 for the offshore wind industry.
EU's carbon mechanism to fuel large rise in steel import costs, says WoodMacConsultancy Wood Mackenzie predicts that the EU's carbon border adjustment mechanism (CBAM) will significantly increase the costs of steel ...
Europe rushes to stock up on diesel ahead of Russian banThe European Union banned seaborne Russian crude imports from Dec. 5 and will ban Russian oil products from Feb. 5, in a move aimed at depr...
India narrows thermal coal imports gap with top buyer ChinaIndia's thermal coal imports are expected to rise 7% on year to 158 million in 2022, and a further 3% to 163 million tonnes in 2023, consul...
This decade's oil boom is moving offshore - way offshoreOffshore production sites are more expensive to build than onshore shale, the last decade's investment darling. But once they are up and ru...
Asia Pacific renewable investments to double to $1.3 trillion by 2030: WoodmacChina, Japan, India, South Korea and Taiwan are among the top contributors to renewable investments, which include solar and wind, in Asia ...
Six reasons Asia's oil refiners aren't going away anytime soonThe speedy adoption of technologies such as electric vehicles is causing the biggest shock to the oil industry in half a century and naviga...
Oil to hit $40 by 2030 if climate goals are met: ReportIn a report outlining a scenario where the world acts decisively to tackle greenhouse gas emissions by electrifying transport and industry,...
India's fuel demand climbs for third straight month in NovemberIndia's fuel consumption rose for a third straight month in November, helped by reviving transportation and business activity, although a y...
Global oil supply to fall 6% by 2030 due to delayed projects: DataOil and gas companies across the world have slashed investment budgets.
Slow economy provided relief to domestic coal production, keeping market in balance in 2019: WoodMacIndia continues to invest in renewable sources of power with a focus on affordability, security and environment. Despite the ‘must run’ sta...
Saudi Aramco set to become world’s biggest crude consumerThe company plans to double its refining network .
India demand surge sucks up LNG otherwise meant for EuropeLNG imports to India jumped 43 percent in May from a year earlier, a contrast to western Europe where shipments have stagnated over the pas...
- LNG supply crunch no longer given as demand hit
The deepening financial crisis and collapse in oil prices is all but certain to delay a number of LNG projects, but consumers need not fear...