4/29/2026 10:00:23 AM (Volume: 43 / Issue: 5)
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Tag: India

Energy, Oil & Gas

India presses Iran for wider Hormuz access as more fuel ships await passage

India is pressing Iran to allow more Indian-bound vessels through the Strait of Hormuz after Tehran permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to cross the strategic waterway, as New Delhi seeks to ease mounting energy supply risks from the Gulf conflict....

Energy, Oil & Gas

KEC secures key power project contracts in Saudi Arabia

KEC International, a global infrastructure engineering, procurement and construction (EPC) major and a unit of key Indian conglomerate RG Group, has announced that it has secured the largest composite order from Saudi Arabia for setting up 380 kV transmission lines, substations and EHV Cabling in the kingdom. ...

Energy, Oil & Gas

India-bound tanker with Saudi oil sails through Hormuz, says report

A Greek-operated oil tanker has sailed through the Strait of Hormuz with a 1 million barrels cargo of Saudi Arabian crude and its destination listed ​as India, reported Reuters citing the data from ship tracking platforms Kpler and Lloyd's List Intelligence. ...

Energy, Oil & Gas

India to account for 20pc of global plastics capacity additions by 2030: report

India plans major plastics capacity expansion to meet rising domestic demand driven by industrialisation, urbanisation, and manufacturing growth, accounting for roughly 20 per cent of global additions by 2030, maintaining its key role in the global plastics market, according to GlobalData. ...

Energy, Oil & Gas

India reduces gas supply to industries after Qatar outage

Indian companies on March 3 reduced natural gas supplies to industries in anticipation of tighter supply from the Middle East after top producer Qatar halted production, four ‌industry sources with knowledge of the matter said to Reuters....

Energy, Oil & Gas

Policy support fuels growth in India’s bioenergy sector: IEA

India’s bioenergy sector is set to play an important role underpinning the country’s rapidly growing energy markets as robust policy frameworks boost ethanol and compressed biogas production and open new opportunities for biodiesel and sustainable aviation fuels, according to new report from the International Energy Agency (IEA)....

Energy, Oil & Gas

OQ Group signs $598m deals to develop Oman downstream industries

Oman’s OQ Group has signed strategic agreements worth over RO230 million ($598 million) with two global companies - Germany-based MAK and Indian group Deepak - for the development of advanced downstream manufacturing projects in the cities of Sohar and Salalah in the sultanate. ...

Energy, Oil & Gas

Adnoc Gas seals $3bn LNG deal with Hindustan Petroleum

Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL)....

Energy, Oil & Gas

India's HPCL, MRPL buy 5m barrels of US, Mideast oil

Two Indian refiners have purchased 5 million barrels of crude oil from spot markets, seeking alternatives to Russian supplies. Hindustan Petroleum acquired 2 million barrels each of US West Texas Intermediate and Abu Dhabi's Murban crude, while Mangalore Refinery and Petrochemicals bought 1 million barrels of Basra Medium crude....

Energy, Oil & Gas

TA’ZIZ signs export deal with India's Sanmar

TA’ZIZ announced the signing of two product sale agreement term sheets with The Sanmar Group, a leading global producer of polyvinyl chloride (PVC) and specialty chemicals, for the supply of key petrochemical feedstocks....

Energy, Oil & Gas

TAQA sells 100% stake in lignite-based power plant in India

TAQA, one of the largest listed integrated utility companies, has divested its 100% stake in TAQA Neyveli Power Company Private Limited to MEIL Energy Private Limited for a sale consideration of INR9.26 billion (approximately $104.65 million)....