Petroleum products exports up 3.3% in May
NEW DELHI : After registering a drop of over 11% in April, India’s export of refined oil products regained momentum and rose marginally last month as the demand
ClassNK releases ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’
TOKYO : ClassNK has released the ‘Guidelines for Ships Using Alternative Fuels (Edition 3.0)’. In addition to safety requirements for ships using methanol, ethanol, LPG, and ammonia as
India’s use of crude tankers to export diesel slows in May
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared
Petronet LNG Q4 PAT rises 24% YoY to Rs 734 cr
NEW DELHI : The LNG(liquefied natural gas) importer’s consolidated net profit jumped 24.16% to Rs 734.07 crore in Q4 FY24 as compared with Rs 591.24 crore reported in
Lower crude oil prices likely to tilt Indian imports towards Iraq and UAE
NEW DELHI : Industry sources have said that crude oil purchases in the first quarter (April-June) of 2024-25 would remain tilted towards Russia if Brent crude prices remain
India saved $25 billion by importing Russian crude oil : Ministry data
NEW DELHI : Russian crude supplies and lower international oil prices helped India to save over $25 billion worth of foreign exchange in the year ended March 31
Panama Canal in talks with US LNG producers to increase transit
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover
Hydrogen ‘Fuel of Future’, vehicles will run on 100% Ethanol in coming years : Nitin Gad
BEGUSARAI : Hailing hydrogen as the “fuel of the future“, Union Minister Shri Nitin Gadkari on Wednesday asserted that vehicles in the country would run on green fuels
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the
SJVN sets milestone with Inauguration of First Multi-purpose Green Hydrogen Pilot Project of the Nat
NEW DELHI : SJVN Limited has achieved a significant milestone with the inauguration of India’s first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at SJVN’s 1,500 MW Nathpa