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Fitch says prolonged high oil prices could widen credit gaps for OMCs

By
EW Bureau
3 min read
Fitch says prolonged high oil prices could widen credit gaps among Asia-Pacific downstream firms by raising working-capital needs and pressuring FCF
Alt="Sujata Sharma"

No financial bailout planned for OMCs to cover losses on petrol, diesel, ATF: Senior official

By
Shalini Sharma
2 min read
The government has no plans to bail out OMCs for selling petrol, diesel, ATF below cost, said Joint Petroleum Secretary
Alt="Petronet LNG CEO AK Singh"

India to scale up LNG storage as West Asia crisis exposes supply risks: Petronet LNG CEO

By
EW Bureau
2 min read
Supply shocks from West Asia are pushing India to rethink LNG storage, with Petronet flagging gaps in emergency preparedness
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UAE exit from OPEC may weaken cartel’s grip, alter price dynamics: ICICI Direct

By
EW Bureau
3 min read
UAE’s exit from OPEC could reshape supply control, with ICICI Direct flagging near-term price strength and long-term risks to cohesion
Alt="lpg"

West Asia crisis drags India’s LPG consumption down 16% in April

By
EW Bureau
2 min read
Supply disruptions from West Asia hit LPG availability, pulling India’s April consumption down over 16% and disrupting demand trends
Alt="methanol"

Thermax, Ankur Scientific plan India’s first green methanol plant at Kandla port

By
EW Bureau
2 min read
Thermax and Ankur Scientific will set up India’s first green methanol facility at Deendayal Port Authority, Kandla, to serve shipping fuel demand
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