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LIQUEFIED NATURAL GAS
Restaurants, cafes rule out menu price hikes in festive quarter despite UPI MDR levy and rising food inflationRestaurants will likely avoid menu price increases this holiday season. Rising input costs and inflation have already impacted the food ser...- Shell-led LNG Canada partners may take Phase 2 FID as early as OctoberLNG Canada partners may decide on a Phase 2 expansion next month. This expansion would double the facility's export capacity to twenty-eigh...
- The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
- LNG gets too hot for Asia at $26, but India keeps buyingAsian LNG demand is projected to decrease this year, with Northeast Asia seeing the largest drop. India and Bangladesh continue to secure s...
- Asia cuts LNG buying, but $26 gas sends Europe shoppingAsia's liquefied natural gas imports are experiencing an eight-year low this September. High spot prices are causing buyers in China and So...
- Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: ReportA US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...
- Trump wanted Canada closer to America; Ottawa is now flirting with the EU insteadDonald Trump’s tariffs and “51st state” rhetoric have coincided with Canada accelerating efforts to diversify away from its heavy dependenc...
- 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...
- India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...
- Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
- Malaysia's data centres guzzling more power as temperatures soar, officials sayThe share of data centres in overall power consumption surged to a record 9.3% in the second week of August, compared with an average of 7%...
- Iran strikes US base in Jordan, threatens more retaliation after tanker attacksIran's Revolutionary Guards struck a US military base in Jordan with missiles. This action followed US forces destroying five Iranian oil t...
- Canada looks beyond the US as Ottawa targets Poland with nuclear technology, uranium and LNG in major trade push amid global energy uncertaintyCanada is exploring energy and infrastructure partnerships with Poland. Ottawa is pitching nuclear technology and uranium supplies to Warsa...
- LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh GopiThe Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...
- Iran blacklists more ships trying to sail through Hormuz, govt website showsIran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...
- CNG price hike: Mahanagar Gas increases rates by Rs 2 per kg, domestic PNG by Rs 1/SCMMahanagar Gas announced price increases for CNG and domestic piped natural gas. CNG prices rose by Rs 2 per kg and PNG by Rs 1 per SCM. The...
- 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 ...
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