India's met coke imports set for record despite anti-dumping levyIndia's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purch...
Oil tankers earn $1 million a day as war leaves ship shortageThe supersized earnings also partly reflect oil-refining margins that have spiraled out of control because wars in Iran and Ukraine mean wo...
India, China to see LNG demand rebound once Middle East supply crunch eases, executives say at Gastech conferenceAsian LNG demand from India and China is expected to recover soon. This rebound hinges on easing Middle East supply disruptions and falling...
Natural gas imports rise despite price surgeIndia's natural gas imports are increasing despite higher prices this fiscal year. Demand is boosted by subsidized fertilizer and growing C...
From Uzbekistan to Canada: A look at India’s global uranium huntIndia is accelerating its nuclear power expansion to reach 100 GW by 2047. This ambitious goal necessitates securing substantial uranium su...
The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
Maersk plans to expand fleet as CEO sees new era for shippingIn light of shifting shipping economics, Maersk is set to expand its container fleet, embracing market volatility as a path to increased pr...
Scientists, activists urge govt to halt E20 rollout, enact anti-black magic lawProminent scientists and activists have urged the government to halt E20 fuel rollout. They also called for scrapping the National Testing ...
BRICS nations to deepen cooperation for sustainable transport infrastructureBRICS countries on Saturday reaffirmed plans to deepen cooperation on sustainable transport infrastructure, including through policy, inves...
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
Nearly a third of India's coal power plants have critical low fuel stocksNearly a third of India’s coal-fired power plants are running critically low on fuel as electricity demand stays near record levels amid pr...
Hotel demand surges in September as BRICS, corporate travel fuel bookings across IndiaSeptember bookings show a substantial rise for Indian hotels this year. Corporate travel and official government movement are driving this ...
India's refineries operating at 105% to 108% of capacity, MRPL official saysOver the last six months, Indian refiners have been running at above 100% capacity, driven by soaring diesel demand that leads them to focu...
Government should adopt flexible approach to ethanol-blended petrol programme: ICRIER paperA research paper recommends flexibility in India's ethanol blending program targets. It suggests maintaining E20 as a long-term goal while ...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
India's fuel demand fell 2.8% y/y in AugIndia's overall fuel demand saw a slight decrease of 2.8 percent in August compared to last year. Gasoline consumption increased by 8.2 per...
Iran's government to raises price of petrol as US applies economic pressureIran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100...