INTERNATIONAL Feed Atom

Indian Oil raises price of 19 kg LPG cylinder for industrial clients

1 month ago

1 June 2026

7:20 AM

India's largest state-run refiner and fuel retailer, ‌Indian Oil Corporation, has raised the price of a 19 kilogram ⁠commercial LPG cylinder for industrial clients by 42 rupees ($0.4421) to 3,113.50 rupees from 3,071.5 rupees, according to its ‌website.

India asks state fuel retailers to build LPG storage for 30 days’ demand, official says

1 month ago

29 May 2026

10:50 AM

India has asked ‌state-run fuel retailers to increase the storage capacity of ⁠liquefied petroleum gas to meet 30-days' demand, Sujata Sharma, a joint secretary in the ‌federal ⁠oil ministry said on Friday.

Canada, U.S. must do more to remove political risks around pipeline permits, South Bow CEO says

1 month ago

29 May 2026

10:46 AM

Canada and the United States must do more to remove political risks around pipeline permitting, the head of South Bow Ltd. SOBO-Tsays, as the company finalizes a call for volume commitments on its planned Prairie Connector line.

Bharat Petroleum appoints Pushp Kumar Nayar as Director HR

1 month ago

28 May 2026

1:44 PM

Bharat Petroleum Corporation Limited (BPCL) has appointed Pushp Kumar Nayar as Director (Human Resources), strengthening the leadership bench at a time when India’s energy sector is balancing operational scale, workforce transformation and digital capability building.

Germany, Canada to sign major LNG deal as Europe seeks energy security

1 month ago

27 May 2026

11:46 AM

Canada is set to announce a deal to supply Germany with liquefied natural gas from a planned export facility on the coast of British Columbia, according to people familiar with the matter.

Turkey Plans 2028 Completion for Natural Gas Pipeline to Northern Cyprus

1 month ago

27 May 2026

11:41 AM

Turkey will build a 97-kilometer subsea natural gas pipeline to Northern Cyprus to bolster energy security and potentially link Eastern Mediterranean gas reserves to European markets, Turkish Energy and Natural Resources Minister Alparslan Bayraktar announced.

US Waiver on Russian Oil Purchases Expires

2 months ago

18 May 2026

4:27 AM

The Trump administration allowed a sanctions waiver that had enabled countries, including India, to buy Russian seaborne crude to expire.

Gasoline Prices in Canada Surge 60% Following the War Against Iran

2 months ago

14 May 2026

6:37 AM

The 60% increase in gasoline prices in Canada following the war against Iran has driven up costs across the country.

Natural Gas Prices Drop 20% Worldwide Following Ceasefire

3 months ago

8 April 2026

7:37 AM

Following the ceasefire and the end of the war, natural gas prices have fallen by 20 percent since last night.

Iran: Successful Passage of Japanese LNG Carrier Through Strait of Hormuz

3 months ago

7 April 2026

5:17 AM

In a significant maritime event, a Japanese-owned liquefied natural gas (LNG) carrier successfully transited the Strait of Hormuz.

JP Morgan Warns: Oil Could Hit $150 a Barrel if Hormuz Disruption Continues

3 months ago

5 April 2026

5:14 AM

American banking giant JP Morgan has warned that if disruptions to oil transit through the Strait of Hormuz persist until mid-May, crude oil prices could surge to more than $150 per barrel.

Energy-hungry India tells Carney ‘we are willing to buy whatever Canada is offering’

4 months ago

27 February 2026

11:25 AM

India wants to buy any energy product it can from Canada and its officials are urging the federal government to streamline approvals for various projects so it can tap into new supplies to feed a rapidly growing country with relatively few natural resources of its own.

Saudi Arabia boosts oil output, exports for US attack on Iran contingency

4 months ago

26 February 2026

4:03 AM

Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any U.S. strike on Iran disrupts supplies from the Middle East, two sources familiar with the plan said on Wednesday.

US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says

4 months ago

26 February 2026

4:01 AM

The U.S. Treasury Department said on Wednesday it would authorize companies seeking licenses to resell Venezuelan oil to Cuba's private sector, according to guidance posted on the department's website, a move that could help ease the island's acute fuel scarcity.

South Korea approves first petrochemical restructuring deal as supply glut weighs

4 months ago

25 February 2026

5:22 AM

South Korea's industry ministry said on Wednesday it has approved the country's first petrochemical industry restructuring project, offering a support package worth more than 2 trillion won ($1.39 billion) to help companies weather a prolonged sector downturn.

Venezuela readies larger oil cargoes for export, targets India

4 months ago

25 February 2026

5:02 AM

Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, a move that will boost deliveries to India, according to four sources and shipping data.

US Supreme Court to hear bid by oil companies to toss climate suits

4 months ago

24 February 2026

4:14 AM

The U.S. Supreme Court has agreed to hear a bid by ExxonMobil and Suncor Energy to scuttle a lawsuit brought by officials in Boulder, Colorado that seeks to hold the oil companies liable for helping fuel climate change in a case that could affect dozens of similar lawsuits around the country.

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India

4 months ago

24 February 2026

4:09 AM

State energy major Saudi Aramco has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors and an Indian refiner as it prepares to export its first cargo later this month, four trade sources said.

Turkmenistan’s ex-president says diversifying gas exports is ‘primary goal’

5 months ago

23 February 2026

4:09 AM

Former Turkmen President Gurbanguly Berdymukhamedov said that his country's "primary goal" was to diversify exports of its enormous gas reserves, the world's fourth largest, according to the transcript of an interview published on Sunday.

India and Brazil target $30 billion bilateral trade by 2030

5 months ago

23 February 2026

4:08 AM

India and Brazil on Saturday set an ambitious target to boost bilateral trade to $30 billion by 2030, up from the previous goal of $20 billion.

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Latest News of Oil, Gas and Petrochemical industry

INTERNATIONAL Feed Atom

Indian Oil raises price of 19 kg LPG cylinder for industrial clients

India asks state fuel retailers to build LPG storage for 30 days’ demand, official says

Canada, U.S. must do more to remove political risks around pipeline permits, South Bow CEO says

Bharat Petroleum appoints Pushp Kumar Nayar as Director HR

Germany, Canada to sign major LNG deal as Europe seeks energy security

Turkey Plans 2028 Completion for Natural Gas Pipeline to Northern Cyprus

US Waiver on Russian Oil Purchases Expires

Gasoline Prices in Canada Surge 60% Following the War Against Iran

Natural Gas Prices Drop 20% Worldwide Following Ceasefire

Iran: Successful Passage of Japanese LNG Carrier Through Strait of Hormuz

JP Morgan Warns: Oil Could Hit $150 a Barrel if Hormuz Disruption Continues

Energy-hungry India tells Carney ‘we are willing to buy whatever Canada is offering’

Saudi Arabia boosts oil output, exports for US attack on Iran contingency

US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says

South Korea approves first petrochemical restructuring deal as supply glut weighs

Venezuela readies larger oil cargoes for export, targets India

US Supreme Court to hear bid by oil companies to toss climate suits

Saudi Aramco sells first Jafurah condensate cargoes to US firms, India

Turkmenistan’s ex-president says diversifying gas exports is ‘primary goal’

India and Brazil target $30 billion bilateral trade by 2030