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GAS SUPPLY CHALLENGES IN GULF
UAE to invest $6.2 bn in Abu Dhabi gas projectAbu Dhabi's state oil company ADNOC will invest $6.2 billion in a new gas project. This offshore development is a joint venture with intern...
Strait of Hormuz vessel crossings extend slide on fresh US-Iran attacksVessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...
LNG consumption declines 6.5%on costly import, lower outputIndia's natural gas usage saw a notable drop during the April to June quarter, attributed to soaring global LNG prices and a decline in loc...
Pakistan can hit an oil jackpot amid a widening US-Iran warGulf states are seeking military partnerships with Pakistan amid regional tensions. Pakistan could gain oil and investment while deepening ...
Iran-US war impact: Gas, oil prices jump big again, check how latest escalation is burning a hole in common Americans' pockets. What to expect in coming daysUS Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affor...
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
Why the Strait of Hormuz is losing importanceThe Iran-Israel conflict briefly raised fears that disruption of the Strait of Hormuz, through which about 20% of global oil and gas passes...
Ship traffic through Strait of Hormuz drops after U.S. blockadeFewer vessels traversed the Strait of Hormuz on Wednesday after the US reimposed its naval blockade. Shipping data indicated a decrease in ...
Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
Seven Indian-flagged ships operating as per schedule in Persian GulfSeven Indian flagged vessels are operating safely in the Persian Gulf as per schedule. These ships are not carrying oil, gas, or fertilizer...
Missile alert sirens in Bahrain amid US-Iran standoff over Strait of HormuzUnited States forces launched strikes into Monday morning after an Iranian attack. Iran retaliated by targeting countries across the Middle...
Booms heard in Doha as UAE air defences engage with Iranian missiles & dronesUnited Arab Emirates air defence systems are responding to incoming missiles and drones from Iran. Explosions were heard in Qatar's capital...
LNG tankers return to Strait of Hormuz despite renewed Middle East tensionsLiquefied natural gas tankers have resumed transiting the Strait of Hormuz recently. Twenty-two Japan-linked vessels exited the Gulf since ...