A long-term contract for LNG Sale and Purchase Agreement was signed on Tuesday between India's state-run oil and gas company 'Petronet LNG' and Qatar's 'Qatar Energy'.
Adani Total Gas Ltd (ATGL), India's leading city gas distribution company and INOX India Ltd (INOXCVA), one of the world's leading cryogenic liquid storage, distribution and re-gas solutions provider based in Gujarat, have entered into a mutual support agreement, under which ATGL and INOXCVA
Singapore, January 31: Leading LNG terminals and downstream infrastructure company, AG&P LNG (AG&P Terminals & Logistics Pte Ltd), a subsidiary of AG&P Group, announced today that Nebula Energy LLC, a fully integrated investment, development, and asset management company with
According to S&P Global Commodity Insights (GCI), the clouded market outlook is expected to result in reduced procurement activity for spot volumes, despite significantly lower prices.
According to S&P Global Commodity Insights, milder temperatures, especially in Europe and the United States, contributed to a weakened outlook for LNG prices, while attention remained on the situation in the Red Sea, adding an element of uncertainty to market dynamics.
Mumbai (Maharashtra) [India], January 18: Netradyne, a Make-in-India provider of AI technology for fleet and driver safety, has announced its collaboration with GreenLine Mobility Solutions, India's premier LNG-powered heavy trucking logistics company. The partnership, aimed at enhancing fle
According to S&P Global Commodity Insights, data from financial exchanges and brokers revealed that trade volumes during Q4 reached an unprecedented 182,971 lots, surpassing the previous record set in Q3 2023 at 164,748 lots.
This surge is expected to be driven by heightened demand across key sectors, including power, industrial, and transportation, coupled with infrastructure development in anticipation of national elections, as per S&P Global.
According to Fitch Ratings, this upward trajectory in demand is expected to persist in the medium term, with additional support from the markets in South and Southeast Asia, where domestic production struggles to keep pace with rising demand.
In an interaction with ANI, the Indian envoy emphasised the significance of economic ties, saying, "In any relationship, the real sustenance comes from economic and trade relations." He highlighted India's import of various commodities from Malaysia, including palm oil, crude oil, and LNG.
"Bitumen is being made from stubble; bio CNG, LNG is being made from stubble. 185 projects have started in Punjab, Haryana, Uttar Pradesh to make CNG, LNG. In Panipat ethanol, bio bitumen and aviation fuel is being made from stubble and the government is working to speed it up," Union Min
The two leaders discussed ways of further enhancing collaboration in energy projects in Mozambique. Hardeep Singh Puri and Ernesto Max Elias Tonela discussed issues pertaining to the financing mechanism of the LNG project.