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UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
Bangladesh orders malls and markets to shut by 8 pm as it faces 12-hour power cutsBangladesh has enforced earlier closing times for businesses to save electricity. Severe gas shortages are significantly impacting the nati...
India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
Ship pays $4 million to skip line to cross Panama CanalWhile typical transits through the waterway are paid by a flat rate via reservations, the Panama Canal Authority also offers customers an a...
Stocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and AirtelThe markets experienced fluctuations as they weighed the prospects of interest rates against concerns over oil prices and geopolitical issu...
Top 5 city gas distributors drive over half of CBG salesFive city gas distributors led national compressed biogas sales in 2025-26. The overall blending ratio reached 0.92%, nearing the governmen...
BP to sell 20% stake in Venezuela's Cocuina gas field to Trinidad's NGC, sources sayBP will sell a stake in a Venezuelan gas field to Trinidad's National Gas Company. This agreement follows Venezuela granting BP a license t...
Ethanol-blended diesel fails safety tests as flash point drops sharplyEthanol-blended diesel failed safety specifications, which sharply lowered its flash point. This technical issue effectively rules out wide...
Poland and Baltics shield infrastructure, fearing a Russian false-flag strikeBaltic nations and Poland are increasing security around critical infrastructure. They fear Russia may stage false flag drone attacks to de...
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
Natural gas loses momentum despite geopolitical risks: Will prices recover?Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories ou...
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growthIndia's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose b...
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...
Tehran may allow Europe to clear mines in HormuzIran may permit European nations to clear mines from the Strait of Hormuz. This potential shift could aid peace talks and normalize shippin...
PNGRB plans to open city gas for external investorsThe PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...