India may avoid a crude supply crunch, but persistent attacks on Gulf shipping could raise freight, insurance and fuel costs, while putting LPG and LNG supplies at riskNew Delhi: Recent attacks on UAE’s state-owned Abu Dhabi National Oil Company (ADNOC) vessels and Saudi energy infrastructure are unlikely to leave India short …
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New Delhi: Abu Dhabi National Oil Company (ADNOC) will change the way it prices its crude oil from 1 November, a move that is expected to better reflect current market conditions and make it easier for Asian buyers, including India, to purchase and manage the cost of its crude.According to Umud …
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Saudi-backed Uzbek project to open year-end; Nvidia-supported Kazakh campus takes shape TASHKENT/ISTANBUL — The race to build data centers in Central Asia is intensifying, with Uzbekistan set to complete the first phase of a facility by year-end and Kazakhstan’s Nvidia-backed project expected to offer 125 megawatts by 2027. Uzbekistan’s TAS-1 …
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The attacks on Iran’s infrastructure came on the sixth consecutive day of U.S. strikes. A retaliatory attack by Iran caused damage to a power and desalination plant in Kuwait.By Rachel Chason, Mohamad El Chamaa and Suzan Haidamous The U.S. military struck bridges, energy infrastructure and a port facility in southern Iran overnight …
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Russian oil remains India’s biggest supply cushion, but experts say LPG & LNG imports remain highly vulnerable to renewed Strait of Hormuz disruption.New Delhi: Amid renewed uncertainty around the Strait of Hormuz, Russian crude continues to dominate India’s imports, averaging around 2.5 million barrels per day (mbpd) until 15 July, and …
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Energy experts estimate output to rebound within weeks, but it may take months to rebuild shipping confidence and repair damaged energy assets.New Delhi: The interim US-Iran agreement has paved the way for the reopening of the Strait of Hormuz, but energy market experts caution that oil production and exports from major …
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Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …
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Vice President JD Vance has cast falling fuel costs as a win for the US, telling Fox News the Trump administration would keep working to drive down energy prices. Oil fell on Monday after the announcement of a ceasefire deal between Washington and Tehran, with Brent crude dropping about 4 …
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E85 fuel was launched across 48 outlets last week. Experts warn of challenges, from low availability of flex-fuel vehicles & fuel outlets, to fuel economics & feedstock sustainability.New Delhi: The launch of E85 fuel by Petroleum Minister Hardeep Singh Puri last week marks the Centre’s most ambitious push yet towards …
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Cathrin Schaer With so much sunlight, Iraq is very well-positioned to use solar power to help fix its annual summer electricity crisis. So why is it that Iraq’s government has only recently started to take solar power seriously? Iraq has long suffered through scorching summers that the country’s national grid …
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