HPCL set to launch LNG import terminal

Hindustan Petroleum Corporation Limited (HPCL), a state-owned Indian company, plans to commission its new LNG import terminal—the sixth in India between December and January. Sources indicate that HPCL is in discussions with potential long-term LNG suppliers. The company has developed an LNG import terminal at Chhara, located in Gujarat State on India’s west coast. The

India can cut import bills through biogas adoption

The report from the Institute for Energy Economics and Financial Analysis (IEEFA), underscores the environmental advantages of expanding biogas projects, including waste management, reduction of greenhouse gas (GHG) emissions, and enhanced renewable energy production. Replacing natural gas consumption with biogas and biomethane incrementally to 20 per cent by 2030 can help India cut liquefied natural

India’s oil import bill declines by 35%

India’s oil import bill declined 35.3% during the first four months of FY24 due to easing crude oil prices over the past year. Refiners imported 79.4 million metric tonnes of crude oil for $41.6 billion during April-July, compared to 81.3 MMT for $64.3 billion in the same period of last fiscal, according to the Petroleum

New LNG import infrastructure picks up pace in Europe

The countries across Europe to install new LNG import facilities in record time continues to pick up pace, with FSRUs now secured for deployment in a number of EU member states. The sharp fall in Russian pipeline imports – and the prospect of flows from Russia being cut further or halted completely – has led

Fossil fuel vehicles production and import to be restricted in Vietnam from 2040

Vietnam will begin imposing restrictions on the import and manufacture of vehicles that run on fossil fuels from 2040. The Vietnam government’s energy transition programme outlined targets for the reduction of carbon and methane emissions from the transport sector, aimed at making it a zero-emissions industry by 2050. This programme dictates that all road vehicles

Beijing Gas to work with SK E&S on LNG and hydrogen projects

Beijing Gas, a Chinese gas supplier, has entered into an agreement with SK E&S, the South Korea’s green energy company, for the development of LNG and hydrogen projects in China. The agreement refers to LNG business, blue and green hydrogen production, as well as fuel cell power generation. Both companies agreed to share operational know-how