Category Archives: OilGas
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India poised to end China’s dominance era in oil demand: Moody’s
Posted on May 23, 2025 by Diligentia News in OilGas.After more than a decade of dominance by China, the global oil and gas spotlight is shifting, and it’s India that’s now centre stage. According to a latest Moody’s report, India is poised to overtake China as the biggest driver of global oil and gas demand growth over the next decade. The shift marks a […]
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Blue Energy Motors Crosses 50 Million Km With LNG Trucks, Cuts 14,000 Tonnes Of CO2 Emissions
Posted on May 23, 2025 by Diligentia News in OilGas.Blue Energy Motors, a pioneer in green-energy heavy-duty trucks, has surpassed 50 million km on the Indian highways saving 14,000 tonnes of CO2 emissions since the deployment of its Liquefied Natural Gas (LNG)-powered green trucks. This achievement is equivalent to the annual carbon absorption of over 5,60,000 trees. The transport sector, particularly commercial vehicles, accounts […]
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Japan Invests Big In LNG Despite Climate-Friendly Promises
Posted on May 23, 2025 by Diligentia News in OilGas.Japan is one of the world’s biggest public financiers of gas and oil production, despite a pledge to halt all such funding for fossil fuel at the G7 summit in 2022. From 2013 to 2024, Japanese public financial institutions provided $93 billion (€82 billion) worth of investments for oil and gas projects, according to a […]
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THINK Gas Expands LNG Footprint with strategic launch of 6 New Dispensing Stations accelerating India’s green transition
Posted on May 23, 2025 by Diligentia News in OilGas.THINK Gas, India’s leading City Gas Distribution (CGD) company, is accelerating country’s transition towards low-emission transport for long-haul heavy-duty truck mobility with the strategic rollout of 3 (three) new LNG filling hubs/points after the successful operation of its flagship LNG station at Bagroda, Bhopal. As a merged CGD entity of AG&P Pratham and THINK Gas, […]
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India shrinks its gas fleet as idle plants become unusable
Posted on May 20, 2025 by Diligentia News in OilGas.India has phased out about five gigawatts of gas-fired power capacity that became inoperable after being left idle for years, according to people familiar with the matter. Some of the plants had sold off machinery, while others had become so rusty they were no longer fit to use, the people said. They asked not to […]
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LNG to drive INOX India’s growth in FY26
Posted on May 20, 2025 by Diligentia News in OilGas.Liquefied natural gas (LNG) is set to be the key growth driver for INOX India in FY26, backed by rising global adoption and a strong order book. Speaking to CNBC-TV18, Siddharth Jain, Promoter and Non-Executive Director of INOX India, said, “We are seeing greater adoption of that fuel not only in India but across the […]
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Regulator approval must for new LNG import terminal
Posted on May 20, 2025 by Diligentia News in OilGas.The oil regulator has made it mandatory for companies planning to establish new liquefied natural gas (LNG) import terminals or expand existing ones to obtain prior approval, but dropped the requirement to reserve a portion of the terminal capacity for third-party access. The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified Registration for Establishing […]
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Goldman Raises Oil Demand Outlook
Posted on May 19, 2025 by Diligentia News in OilGas.Goldman Sachs analysts have revised their outlook for global oil demand upwards, now expecting growth of 600,000 barrels daily this year and 400,000 barrels daily in 2026. The bank, however, maintained its oil price forecast at $60 per barrel of Brent crude and $56 per barrel of West Texas Intermediate for this year, Reuters reported, […]
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Trump Administration turns to Asia for Alaska LNG project
Posted on May 19, 2025 by Diligentia News in OilGas.A curious ballet around the Alaska LNG Project has been unfolding on the international stage with some of America’s allies in Asia. It’s raising questions about whether the pipeline will at last find the funding that it needs after so much song and dance. It is a story some four decades long. The difference now, […]
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Oil regulator mandates LNG terminal registration, scraps carrier rule
Posted on May 19, 2025 by Diligentia News in OilGas.The oil regulator has made it mandatory for companies planning to establish new liquefied natural gas (LNG) import terminals or expand existing ones to obtain prior approval, but dropped the requirement to reserve a portion of the terminal capacity for third-party access. The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified Registration for Establishing […]
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