Category Archives: OilGas
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EU-US policy divide on Russian oil sales to India to hit October trade
Posted on September 12, 2025 by Diligentia News in OilGas.The growing policy divide between the United States and the European Union on Russian oil exports to India is likely to play out in a small reduction in crude flows in October, analysts and trade sources with knowledge of loading plans said. The U.S., EU and G7 allies sanctioned Russian imports after Moscow’s invasion of […]
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TotalEnergies Boosts U.S. LNG Portfolio With Rio Grande Train 4 Investment
Posted on September 11, 2025 by Diligentia News in OilGas.TotalEnergies (NYSE: TTE) has secured a 10% direct stake in Rio Grande LNG’s Train 4 project in South Texas, joining partners NextDecade, Global Infrastructure Partners, GIC, and Mubadala in taking a Final Investment Decision (FID) on the 6 Mtpa expansion, set to boost the plant’s total capacity to 24 Mtpa by 2030. The French major […]
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Japan’s JERA Eyes 20-Year LNG Deal With Alaska LNG
Posted on September 11, 2025 by Diligentia News in OilGas.JERA is considering joining companies making commitments for purchases of liquefied natural gas from the Alaska LNG project, Reuters has reported, with a preliminary letter of intent mentioning 1 million tons annually over a 20-year period. The developer of the Alaska LNG project, Glenfarne, has been busy in the past months finding companies willing to […]
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India’s Petroleum and Other Liquid Fuels Consumption seen up around 3% on year in 2025
Posted on September 11, 2025 by Diligentia News in OilGas.Energy Information Administration or EIA stated in a latest monthly update that India’s Petroleum and Other Liquid Fuels Consumption is expected to see a continued increase in new few quarters. It estimates India’s petroleum and other liquid fuels consumption at 5.64 million barrels per day (mbpd) in 2025, up 3.10% compared to previous year. The […]
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It may not be possible to bring petrol, diesel under GST for time being: CBIC chief Sanjay Agarwal
Posted on September 11, 2025 by Diligentia News in OilGas.As discussions continue to bring petrol and diesel within the ambit of Goods and Services Tax (GST), Chairman of the Central Board of Indirect Taxes and Customs (CBIC) Sanjay Kumar Agarwal said it may not be possible to bring these items under the indirect taxation for the time being. Asked if petrol and diesel should […]
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Middle East Unrest Clouds Future of $35B Israel-Egypt Gas Deal
Posted on September 10, 2025 by Diligentia News in OilGas.Over the past couple of years, Egypt has seen its ambitions to become a regional natural gas supply and LNG export hub go up in flames, with a series of setbacks turning the country from a net exporter of the vital commodity to an importer. Egypt’s natural gas production has declined rapidly over the years […]
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Can there be more pain for India if the US, EU join hands?
Posted on September 10, 2025 by Diligentia News in OilGas.As the Russia-Ukraine war continues into its fourth year, the United States and the European Union are preparing a new wave of economic measures aimed at tightening the financial noose around Russia. Central to this strategy is the deployment of secondary sanctions, targeting not just Russia directly, but also countries and entities that continue to […]
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ONGC plant fire: CNG availability may be impacted in Mumbai, says MGL
Posted on September 10, 2025 by Diligentia News in OilGas.Over 40 per cent of sedans sold in India now run on CNG as consumers increasingly prefer cleaner fuels, and also use their cars for business purposes, according to data collated by global data and analytics firm Jato Dynamics.The fire at ONGC’s Uran gas processing plant has impacted MGL’s gas supply to its city gate […]
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India’s natural gas production falls 3.7% in July; LNG imports down 20%
Posted on September 10, 2025 by Diligentia News in OilGas.India’s natural gas production declined 3.7 per cent to 2,967 million standard cubic metres (MMSCM) in July 2025, while liquefied natural gas (LNG) imports contracted by 20.15 per cent year-on-year to 2,946 MMSCM, according to the Petroleum Planning and Analysis Cell (PPAC). Natural gas availability for sale during the month dropped 13.12 per cent to […]
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Russia-China Gas Deal May Seal New Gas World Order
Posted on September 8, 2025 by Diligentia News in OilGas.The signing of the Power of Siberia 2 pipeline deal by the presidents of Russia and China was perhaps the biggest news to come out of the two leaders’ meeting earlier this month. It was also the deal that may very well make the new global natural gas flow order permanent, potentially interfering with President […]
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