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PROPANE AND BUTANE SHIPPING
Indian Oil buys first Iranian LPG since 2018 as crunch worsensIndian Oil Corporation has bought LPG from Iran for the first time in nearly eight years as India faces a supply crunch due to the Middle E...
The Iran war puts India’s dosa and AI dreams on iceThe war in Iran has disrupted India's LPG supply, impacting commercial kitchens and industries like rum distilleries. While prioritizing ho...
Never depended on permission from any country to buy Russian oil: India on US waiver amid Middle East conflictIndia said Saturday it was pushing ahead with imports of Russian oil, after a temporary US waiver to import crude from Moscow due war in th...
Government invokes ESMA powers, orders refiners to ramp up LPG productionIndia consumed 31.3 million tonnes of LPG in 2024-25, of which only 12.8 million tonnes were produced domestically, with the remainder impo...
Oil PSUs ink deal to buy US LPG: First such pact for importing 2.2 MTPA of gas; move to cut India’s reliance on GulfIndia has secured its first annual cooking gas deal with the United States. This agreement aims to diversify supply sources and reduce depe...
Japan's Mitsui to operate ONGC's ethane carriers; equity structure under discussionMitsui O.S.K. Lines will operate two very large ethane carriers for ONGC to import petrochemical feedstock for OPaL's Dahej facility, with ...
ONGC signs pact with Japan's Mitsui for ethane carriersOil and Natural Gas Corporation (ONGC) collaborates with Japan's Mitsui OSK Lines. They will construct two very large ethane carriers. Thes...
India eyes ending import tax on US ethane and LPG in trade talks, sources sayIndia is considering removing import taxes on Ethane and LPG from the United States. This move is part of broader trade negotiations with W...
Russia plans to open sea terminal for LPG exports to Asia by 2025-end, sources sayRussia and China are set to open the first LPG terminal on Russia's Pacific coast by the end of 2025, facilitating LPG exports to China and...
ED lens on firms dealing in 3rd-party trade with IranSuch transactions are allowed and have been permitted by the Reserve Bank of India since 2013. But companies that made or received payments...
Changes in Petronet's original bid led to LNG prices triplingAs India asks Qatar to cut LNG price to match slump in global rates, a series of changes in original bid has led to the gas price tripling ...
- Petronet LNG tanks 6% on reports of a probe in Qatar deal
Peronet LNG slipped over 6% on reports that a Rs 27k cr loss caused by an alleged change of contract by Qatari firm to be probed.
Probe Rs 27,000 cr loss in Petronet deal: Former SecretaryE A S Sarma has demanded probe into an alleged change of contract by a Qatari company supplying liquid gas to Petronet LNG.
- BP wants imported LNG price for KG-D6 gas
BP Plc, Europe's second-largest oil company, today demanded that natural gas, it along with its partner Reliance Industries produces from K...
- OilMin orders probe into Petronet LNG's Qatar contract
Oil Minister S Jaipal Reddy has ordered a probe into changes made in a multi-billion dollar contract for import of liquefied natural gas (L...