Oil surges past $110 as US-Israel strikes on Iran trigger supply shock
The crude oil market has been thrust into turmoil over the past 10 days, with prices climbing at a pace rarely seen outside of full-blown supply crises.
LNG
The latest LNG news, analysis and data from India and across Asia, reported by Energy Asia.
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Economic Survey 2024-25: India’s Oil and Gas sector outlook
India's oil and gas sector remains a cornerstone of the country's economic development, serving as a critical component in meeting the energy demands of a rapidly…
APSEZ intensifies to become carbon neutral by 2025
AdPorts and Special Economic Zone (APSEZ) has chalked out a detailed plan to become green port and logistic company by increasing its contribution for the sustainable…
Petronet looks to foray into petrochemical business
Petronet LNG is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set…
LNG regasification operable capacity to rise by 12 mmtpa
India's LNG regasification operable capacity is expected to rise by 12 mmtpa due to removal of constraints at existing LNG terminals, according to Motilal Oswal Financial…
OVL, IOC sign pact with Russia’s Gazprom for Hydrocarbons
ONGC Videsh Ltd, India's flagship overseas oil and gas firm and the nation's largest refiner Indian Oil Corporation (IOC) on Friday signed agreements with Russia's Gazprom…
Coal India to replace diesel with LNG in dumpers
CIL has begun the process of retrofitting LNG kits in its dumpers, big trucks engaged in transportation of coal, a move that will help the PSU…
Pakistan steps up oil & gas imports as power demand surges
Pakistan has stepped up its oil and gas imports this year from last year as demand from its power sector increases amid more economic activities as…
Indonesia approves plan to develop Ubadari gas field
Mitsubishi Corp and other Japanese firms said an Indonesian regulator has approved their plan to develop the new Ubadari gas field and raise output at the…
Petronet aims to extend long-term LNG buy deal with Qatar
India's top gas importer Petronet LNG hopes to extend its long-term deal to purchase liquefied natural gas (LNG) from Qatar to beyond 2028
Bangladesh discovers new gas field worth over $148 mn
Bangladesh has announced to have discovered a new gas field containing a probable reserve of about 68 billion cubic feet worth over USD 148 million.
MSRTC issues tenders for LNG and wet lease buses
The Maharashtra State Road Transport Corporation invited bids for hiring 500 ordinary buses as well as conversion of diesel buses into ones that run on Liquefied…
33,764 km gas pipeline network for national gas grid
PNGRB has authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national gas grid and increase the availability…
CIL to achieve 60k tonnes carbon offset by year end
Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued…
CIL forges ahead towards Energy Efficiency
In a bid to reduce carbon footprint in its operational area, Coal India Ltd. (CIL) has put special thrust on energy efficiency measures and is forging…
Reliance Power begins equipment exports to Bangladesh
Reliance Power has started the export of power equipment from its Samalkot project in Andhra Pradesh to its Bangladesh project, a move that will help the…
LNG market set to recover with demand growing across Asia
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of…
City Gas volumes impacted in 2nd COVID wave
City gas volumes have been impacted by the second wave of COVID-19 induced lockdowns, but the drop is less severe than the first wave
Total to supply LNG to ArcelorMittal’s plants in Gujarat
French energy giant Total said it has signed a deal to supply imported LNG to ArcelorMittal Nippon Steel's (AMNS) steel and power plants in Gujarat.
Intense bidding for KG-D6 gas in e-auction
Gas user’s companies like Indian Oil Corporation (IOC), Reliance O2C, GAIL Gas, Adani Total Gas Ltd, Torrent Gas, Torrent Power and gas trading companies like GAIL,…
Asian spot LNG prices rise as China replenishes its inventory
Asian spot prices for liquefied natural gas (LNG) rose this week as China, Japan and South Korea sought supply in an early move to stock up…
Inoxcva ties up with Mitsui to expand LNG distribution
Inoxcva, which had last month launched the first indigenously developed LNG dispensers, has entered into a tie-up with the Japanese conglomerate Mitsui & Co to expand…