Lng

Cochin Shipyard signs deal to build LNG vessel for French shipping giant

The Cochin Shipyard Limited (CSL) has signed a major contract with French shipping major CMA CGM for the construction of LNG dual-fuel vessels, in a move expected to boost India's global shipbuilding footprint and align with the green maritime transition, officials said on Thursday. In a statement, CSL said it signed a landmark Shipbuilding Contract (SBC) with CMA CGM at New Delhi on Wednesday for the construction of six 1,700 TEU LNG dual-fuel feeder container vessels. The contract was signed by CSL Chairman and Managing Director Jose V J and Rodolphe Saade, Chairman and CEO of CMA CGM. The ceremony was attended by Shantanu Thakur, Minister of State for Ports, Shipping and Waterways, and Vijay Kumar, Secretary, Ministry of Ports, Shipping and Waterways, along with senior officials from the Ministry, representatives of both organisations, and members of the maritime industry, the statement said. "The collaboration reflects strong global confidence in CSL's technical excellence, ...

PNGRB approves guidelines for CBG injection in gas pipeline, CGD networks

New guidelines for CBG injection into pipelines and CGD networks aim to improve project viability, ensure safe integration and accelerate green fuel scale-up

India is at the centre of future demand wave: TotalEnergies' Sang Ratnam

TotalEnergies plans to ramp up LNG supplies to India, study expansion of Dhamra terminal, and deepen partnerships amid rising demand and geopolitical risks

HPCL inks $3 billion LNG deal with UAE's Adnoc Gas during president's visit

Hindustan Petroleum Corporation Ltd (HPCL) has signed a USD 3 billion deal to buy liquefied natural gas from the Abu Dhabi National Oil Company Gas (ADNOC Gas), making it the UAE's top customer, the firm said. The two firms signed a Sales and Purchase Agreement (SPA) during a very brief two-hour visit to India by UAE President Sheikh Mohammed bin Zayed Al Nahyan for talks with Prime Minister Narendra Modi on Monday. Abu Dhabi's state firm will supply 0.5 million tonnes of LNG a year to HPCL for 10 years starting 2028. "This agreement converts a previously signed Heads of Agreement between the two companies into a long-term SPA and is valued at approximately USD 2.5-3 billion over its (10 year) duration, for the export of 0.5 million tonnes per annum (mtpa) of liquefied natural gas (LNG)," ADNOC Gas said in a statement. HPCL said it will receive the LNG at its 5 million tonnes per annum LNG import terminal at Chhara, Gujarat. "The supplies under this agreement will support HPCL in

Russia keeps sanctioned Arctic LNG exports alive with icebreaker ship

The Christophe De Margerie docked at the blacklisted Arctic LNG 2 export plant on Monday, and is poised to export its third shipment

India's LNG-powered trucks and fuel retail underperformed in 2025

India's private sector may lead the charge for more retail outlets of liquefied natural gas (LNG) in 2026 but it remains a niche business

India can save $1 bn in crude imports by replacing 10% diesel with LNG

Reducing liquid-fuel demand will lower exposure to global oil price shocks as India remains heavily dependent on imported crude oil, said the country's petroleum regulator

India's crude oil import bill flat in November despite higher purchases

India's oil imports were worth $9.9 billion, largely unchanged Y-o-Y in November, as global prices slid

Japan's JERA inks 10-year LNG export deal with Torrent Power from 2027

Looking ahead, JERA will continue to build a robust LNG portfolio across the Middle East, Asia, and the United States, to develop resilience against market volatility, the company said

NTPC to foray into coal gasification with 5-10 MT annual production goal

The state-run power giant aims to produce up to 10 million tonnes of synthetic gas annually at $10-$12 per mmBtu, while also expanding its nuclear energy capacity to 30 GW by 2047

Petronet Q2: Analysts upbeat on long-term outlook despite FX loss, UoP hit

On the bourses around 10:15 AM, Petronet LNG shares were struggling as the scrip was trading 1.31% lower at ₹273.95. In comparison, BSE Sensex was trading 0.29% lower at 83,289.99 levels.

QatarEnergy inks 17-year LNG supply agreement with Gujarat's GSPC

The latest agreement follows another long-term LNG supply deal between QatarEnergy and GSPC, inked in 2019

CMA CGM Group to build six LNG-powered containerships at Cochin Shipyard

Global shipping and logistics operator CMA CGM Group on Wednesday said it has signed a letter of intent for six LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in line with its fleet renewal and energy transition strategy. This strategic move makes the Group the first major foreign carrier to commission LNG vessels from an Indian shipyard, the company said, adding that the containerships will be delivered from 2029 to 2031. All six vessels will be registered under the Indian flag, each with a capacity of 1,700 TEUs (Twenty-foot Equivalent Units), it said. This demonstrates CMA CGM's commitment to a more sustainable shipping as it can run on LNG and are ready for low-carbon fuels, significantly reducing greenhouse gas emissions, aligning with the Group's ambition to be Net Zero Carbon by 2050, the company said. The project at Cochin Shipyard will also be run with the technical cooperation of Korean shipbuilder HD Hyundai Heavy Industries, it said adding this

Economics trumps politics: India's US oil, LNG imports slump sharply

India is guided solely by economics when sourcing oil and LNG rather than geopolitics, and the government does not interfere in decisions by state-oil companies, September data shows

Ultra Gas & Energy to invest ₹900 cr to expand LNG retail network

The Mumbai-based firm currently operates six stations along major freight corridors in Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu

After Trump pressure, EU aims to bring forward Russian LNG import ban

Beyond LNG, or liquefied natural gas, the proposed sanctions would also target more of Russia's shadow tanker fleet and cryptocurrency

Oil India targets ₹1.3 trillion capex by 2030, says CMD Ranjit Rath

Oil India chief expects that the construction of Mozambique LNG project will resume by the end of this year

Oil India sees restart of Mozambique LNG project by year's end

TotalEnergies halted construction of the project and imposed force majeure in 2021 following a deadly attack on the site by Islamic State-linked insurgents

India's LNG demand drops in 2025 as buyers await supply wave, price drop

Purchases slowed as elevated spot prices made LNG less competitive against alternative fuels, while monsoon rains brought cooler weather and reduced power demand

LNJ Bhilwara acquires Statkraft's 49% stake to fully own Malana Power

LNJ Bhilwara Group has acquired Statkraft's 49 per cent stake in Malana Power, giving Bhilwara Energy complete ownership of two hydropower plants in Himachal Pradesh