#energy-supply
Equinor Targets 15 Million Tons of LNG as Qatar Exports Stay Blocked
Equinor plans to expand its global LNG portfolio to between 10 million and 15 million tons a year in the early 2030s, targeting European and Asian buyers left short on supply by the Strait of Hormuz blockade, Reuters reported Wednesday. The company expects to…
LNG Made Up 45 Percent of EU Gas Imports in 2025
LNG's share of annual European Union gas imports increased by nine percentage points to about 4.63 trillion cubic feet, 'deepening the structural shift in the EU's gas supply mix', the European Commission said.
Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver
Hit by supply disruptions due to the blockade of the Strait of Hormuz since March, Asian refiners have been aggressively buying oil from the US, Russia, Africa and Latin America
Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demand
Coal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads are robust, ensuring adequate supply for domestic coal-based plants. This proactive measure addresses concerns about pote…
India prepares to send oil tankers through Hormuz for new supply
India plans to send oil tankers through the Strait of Hormuz for energy supply after government approval amid ongoing conflict.
G7 finance ministers vow cooperation to face 'heightened risks'
Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges like energy and food supply disruptions. Discussions also covered tariffs and Russia. The G7 aims for coordinated responses…
India taking concrete measures to shield supply chains amid West Asia crisis: Rajnath Singh
Amidst the turmoil in West Asia, India is stepping up its efforts to secure vital supply chains and ensure a steady energy supply for its citizens. Defence Minister Rajnath Singh recently convened a meeting dedicated to maritime security and economic resilien…