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Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses

NEW DELHI : Fuel prices may need to rise up to Rs 12/litre for OMCs to offset current losses. State-run oil marketing companies may...

LPG highlighted as a practical pathway to accelerate decarbonisation in LR’s latest Fuel for thought report

LONDON: Lloyd’s Register (LR) has published an updated edition of its Fuel for Thought: LPG report, produced jointly with the World Liquid Gas Association...

Aderco 2055G+ program provides performance monitoring from emissions reduction to carbon credits

NYON (SWITZERLAND): Advanced fuel additive technology specialist Aderco has formally launched 2055G+, an industry-first program to drive verifiable ship emissions reductions and deliver measurable...

Oil and LNG tankers exit Hormuz, heading for Pakistan and China

SINGAPORE : Ship-tracking data showed three liquefied natural gas ​tankers passed through the Strait of Hormuz in recent days, heading to Pakistan, China and...

IMO approval clears path for ammonia-fuelled ships with new safety guidelines

LONDON: New safety guidelines for the use of ammonia as fuel on gas carriers have been approved at the International Maritime Organization’s (IMO) Maritime...

UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

DUBAI : The United Arab Emirates has built nearly 50% of a second pipeline that will bypass the Strait of Hormuz, said the CEO...

ZESTAs launches Global Liquid Hydrogen Alliance to accelerate Zero-Emission Shipping

LONDON: The Zero Emissions Ship Technology Association (ZESTAs) on Monday launched the Global Liquid Hydrogen Alliance (Alliance), a new international platform dedicated to advancing...

UAE plans new pipeline to bypass Hormuz and double oil exports by 2027

ABU DHABI : The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by 2027, as it...

UAE to store up to 30 million barrels in India’s Petroleum Reserve after PM Modi’s visit: Vikram Misri

ABU DHABI: Foreign Secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store...

IOC LPG cargoes cross Hormuz safely amid West Asia crisis; Govt says fuel supplies remain stable

NEW DELHI: Two LPG cargo vessels carrying supplies for India have safely crossed the Strait of Hormuz and are expected to arrive at Indian...
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