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...
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...
HPCL invites LNG suppliers for spot and long-term import dealsHindustan Petroleum Corp has invited LNG suppliers to register for future deliveries. The company seeks both spot purchases and long-term s...
India watches as US bill targets buyers of Russian oil selectivelyIndia monitors a US bill proposing 100% tariffs on Russian oil imports. This legislation exempts European Union LNG and US uranium purchase...
JERA begins study on US listing as it steps up overseas expansion, sources sayJapan's largest power generator, JERA, is studying a potential U.S. stock market listing. This move aims to broaden funding options and acc...
First direct US LNG cargo since tariff dispute reaches China, may be re-exportedA United States liquefied natural gas vessel has arrived in China after trade tensions halted direct shipments. This tanker's arrival does ...
Cabinet approves new urea investment policy to set up 8-9 gas-based plantsIn a significant move, the Union Cabinet has sanctioned the National Investment Policy for Urea-2026, focused on promoting new gas-based ma...
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,...
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
China's June oil imports hit near 10-year low amid Iran warChina's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowes...
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 ...
India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
One attack, one warning: The world's energy lifeline is still vulnerableAn attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shippin...
Govt plans LNG buffer mandate for terminalsIndia is weighing a plan to fund emergency liquefied natural gas stockpiles. This initiative aims to bolster supply security after recent g...
India lifts emergency natural gas supply controls imposed after LNG disruptionsEmergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have bee...
India, Japan to sign LNG supply pact at Modi-Takaichi summitIndia and Japan are poised to sign a crucial pact on securing liquefied natural gas (LNG) supplies during Prime Minister Narendra Modi's su...