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OIL AND GAS ROUTES
Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...- Saudi Aramco plans reorganisation to create gas division, sources sayAramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- India to study US Sanctions Act: Piyush GoyalIndia will study the US sanctions act and its potential trade impact. Exports are growing at a healthy rate despite global complications. I...
- Aadhaar authentication mandatory for subsidised LPG refills from October 1; 27.43 crore consumers already coveredDomestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is manda...
- India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
- Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...
- Rising oil, borrowing costs fuel stagflation fears for global economyMiddle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic g...
- Oil Price Today (September 18): Crude oil falls below $104, down for third session. What are experts saying?Crude Oil Price Today : Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exch...
- OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
- What America’s $100 billion Venezuela oil investment could mean for climate change, oil spills and vulnerable communitiesA significant United States investment in Venezuela's oil sector raises environmental concerns. Increased oil production could worsen exist...
- Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
- What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
- Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- Oil Price Today (September 11): Crude oil soars 13% this week, set to close week above $100 after 4 months. What are experts saying?Oil prices have surged towards $100 a barrel due to rising tensions in the Middle East, where recent attacks have threatened shipping route...
- 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...
- 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...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
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