LNG transits through the Strait of Hormuz dropped from almost 0.8 cargoes daily in late June to only 0.2 by July 15, vessel tracking data shows. A renewed escalation in the US-Iran conflict is sharply reducing liquefied natural gas (LNG) exports from the Persian Gulf, according to new analysis from global energy analytics firm S&P...
Category: Oil & Gas
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Indiaâs Rail Modernisation Shields Network from Fuel Shock, Modi Says
Flagging off the worldâs longest and most powerful hydrogen train, Modi said the fuel will define rail mobility in the 21st century. Prime Minister Narendra Modi said rapid electrification of the Indian Railways has helped the country avoid a potential transport crisis triggered by fuel supply disruptions from the ongoing West Asia conflict. âIf such...
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GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
The agreement provides a framework for cooperation in identifying and evaluating opportunities in critical and strategic minerals. Integrated energy major GAIL (India) Ltd has inked an MoU with governmentâbacked joint venture Khanij Bidesh India Ltd (KABIL) to collaborate in the field of critical and strategic minerals, supporting Indiaâs longâterm resource security. The agreement provides a...
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HPCL Strengthens Ethanol Quality Checks with 3,651 Surprise Inspections
Further reinforcing its surveillance mechanism, HPCLâs quality assurance cell conducted 93 surprise inspections, while 49 fuel samples were tested using mobile laboratory facilities. Hindustan Petroleum Corp. Ltd (HPCL), the stateâowned fuel retailer, has said it has further strengthened its nationwide fuel quality surveillance programme through extensive inspections and testing of ethanolâblended petrol across its panâIndia...
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PM Modi to Dedicate HPCL Rajasthan Refinery, Indiaâs First Greenfield Integrated Complex
Against widespread forecasts of refinery closures, the launch of the HPCL facility emerges as a rare newâbuild, largeâscale addition to global refining capacity. Prime Minister Narendra Modi will dedicate the HPCL Rajasthan Refinery, Indiaâs first greenfield integrated refineryâcumâpetrochemical complex, to the nation in Rajasthanâs Balotra district. The commissioning of this landmark project marks a major...
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India, Japan Join Hands to Build Energy Resilience
The two countries will cooperate on five priority areas: building a strategic stockpiling ecosystem, amplifying the voice of energyâconsuming nations, strengthening energy transport, deepening institutional collaboration, and creating a platform for dialogue. India and Japan have agreed to work together to strengthen global energy resilience amid ongoing geopolitical challenges. The understanding was reached during a...
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SK Sinha Appointed Director Finance at GAIL, Bringing Three Decades of Expertise
In a long career, Sinha has played a pivotal role in strengthening GAILâs financial systems, enhancing investor engagement, and driving strategic financial decision-making. SK Sinha on Wednesday assumed charge as Director Finance of GAIL (India) Ltd, Indiaâs integrated energy major. Before joining the companyâs board of directors, he served as Executive Director of Finance &...
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India Clears LNG Diversification Test Amid West Asia War and Hormuz Closure
Even as the Strait of Hormuz reopens to restore energy flows and bolster market confidence, normalisation and inventory recovery will take longer, a new S&P analysis has noted. Indiaâs diversified energy sourcing strategy mitigated major disruptions caused by the West Asia conflict, keeping April and May 2026 liquefied natural gas (LNG) imports near normal levels...
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Centre, Assam, Nagaland Sign Tripartite MoU to Unlock Border Hydrocarbons
Union Home Minister Amit Shah said the tripartite agreement would unlock new possibilities for oil and natural gas exploration, as well as mineral mining, across the Northeast. As part of Indiaâs longâterm energy security strategy, the Government of India and the State Governments of Assam and Nagaland signed a tripartite MoU on Thursday to facilitate...
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India Clears âč100 Billion ATF Stabilisation Package Amid West Asia Crisis
The ATF price stabilisation mechanism will operate for 36 months, subject to annual review or until the support amount is fully recovered, whichever comes first. Reeling from the high cost of aviation turbine fuel (ATF) since the start of the West Asia conflict in March this year, scheduled Indian carriers are in for some relief...