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GLOBAL LNG GLUT
US looks to unblock Hormuz with quiet version of Project FreedomAmerica is now working discreetly to safeguard ships in the Strait of Hormuz. This new approach involves coordinating with shipping compani...- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
- Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
- Shell and Mitsubishi explore exit options from LNG Canada amid expansion talks and market uncertaintyGlobal energy markets are shifting. Major investors Shell and Mitsubishi are considering selling parts of their stakes in Canada's LNG proj...
- Donald Trump's gonna get slick with oil-sellFormer US President Donald Trump's potential return to the White House could significantly impact India's energy sector. Trump might push f...
- India to benefit from the global gas supply glut: ICRAThe global liquefied natural gas market is poised to witness a notable increase in supply, which is expected to benefit India with reasonab...
- Domestic natural gas consumption surges owing to favorable international pricesHigher prices hurt India’s LNG imports and overall gas consumption last fiscal year. Demand recovered this fiscal year as prices normalized...
- GAIL urges government to use diplomacy to help rework expensive US LNG dealsGAIL has contracts for the purchase of 5.8 million tonnes a year of liquefied natural gas (LNG) with two US suppliers, deals that were sign...
- Petronet exploring long-term LNG deal indexed to spot prices“As of today, both our terminals at Dahej and Kochhi are drawing the highest. It's a V kind of rebound, which has happened,” said Petronet ...
- Global oil supply to fall 6% by 2030 due to delayed projects: DataOil and gas companies across the world have slashed investment budgets.
- ONGC seeks buyers for KG Basin gasIt has set a reserve price of $5.61 per million metric British thermal unit (mmBtu) and the minimum bid quantity at 0.05 MMSCMD. Bidders wi...
- Reliance Industries and BP scouts for natural gas buyersCRISIL Risk and Infrastructure Solutions Ltd will manage the bidding process and evaluate the bids, which must be submitted electronically ...
- Buy Petronet LNG; target Rs 317: Motilal Oswal SecuritiesBuy Petronet LNG Ltd. at a price target of Rs 317.0 .
- India's Petronet looking for long-term deal to buy US LNGAs part of any deal, the firm could potentially take a stake in a U.S. liquefied natural gas (LNG) project, said Petronet's managing direct...
- India wants LNG importers to join hands for equitable dealsIndia and Japan, in September 2013, had set up a multilateral group of buyers for LNG to push for lower prices for the fuel and New Delhi i...
- LNG imports drop in July on lower consumption and increased local productionIndia has been hoping to use more gas, one of the cleanest fuels, in its factories, and homes as international pressure mounts to lower car...
- SCI cautious, plans only Rs 700 crore capex in FY2017He explained that troubles around the sanctions continue to remain and there are only four ageing ships which the JV holds, including three...
- RasGas halves gas price under reworked term with PetronetPetronet had been forced to buy one of the most expensive LNG in the world this year due to a 25-year contract that didn’t quickly reflect ...
- Petronet LNG reports 30 per cent drop in Q1 net profitPetronet operated it's Dahej import facility in Gujarat at 109 per cent of the capacity but its margins on import of LNG from spot market s...
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