Global Fuel Supply
- All
- News
- Videos
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
-
India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
-
Underground Hydrogen Reserves Could Power Earth for 200 Years, Study Finds
Trillions of tons of hydrogen have been discovered beneath Earth's surface, offering a potential clean energy solution. A recent study estimates 6.2 trillion tons of hydrogen in rocks and reservoirs, capable of powering the planet for 200 years. While access and economic viability remain challenges, scientists see immense promise in these natural r...
-
Jupiter’s Moon Io Shows No Magma Ocean as New Findings Explain Volcanic Eruptions
NASA's latest findings indicate that Jupiter's volcanic moon Io does not have a global magma ocean beneath its surface, debunking previous theories. This conclusion comes from analysis of data from NASA's Juno spacecraft and archival observations from the Galileo mission. The study suggests that Io's interior is more solid than expected, with volca...
-
India May Use Old Hydrocarbon Wells To Store Natural Gas: GAIL Official
India is looking at building its first strategic natural gas reserves by using old, depleted hydrocarbon wells to store the fuel and hedge against global supply disruption, a senior executive of GAIL said.
-
Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
-
UN-Brokered Grain Deal Suspension To Affect Food Security Globally: India
India raised concern on Monday at the Security Council about the suspension of the UN-brokered Black Sea Grain initiative, saying that this move is likely to further exacerbate the food security, fuel, and fertilizer supply challenges faced by the wo
-
Oil Rises 2% But Posts Weekly Loss On Recession Fears
Oil prices rose about 2% in volatile trade but were still heading for a weekly decline as investors worried about a potential recession-driven demand downturn even as global fuel supplies remained tight.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Oil Settles Mixed Amid Beijing Lockdown Fears, Tight Supplies
A pending European Union ban on oil from Russia, a key supplier of crude and fuels to the bloc, is anticipated to further tighten global supplies.
-
Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
-
Oil Settles Mixed Amid Beijing Lockdown Fears, Tight Supplies
A pending European Union ban on oil from Russia, a key supplier of crude and fuels to the bloc, is anticipated to further tighten global supplies.
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
-
India Well-Positioned To Meet Its Fuel Needs: Minister Amid Mideast Tensions
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with top officials of the Ministry of Petroleum and Natural Gas and executives from state-run oil companies.
-
Underground Hydrogen Reserves Could Power Earth for 200 Years, Study Finds
Trillions of tons of hydrogen have been discovered beneath Earth's surface, offering a potential clean energy solution. A recent study estimates 6.2 trillion tons of hydrogen in rocks and reservoirs, capable of powering the planet for 200 years. While access and economic viability remain challenges, scientists see immense promise in these natural r...
-
Jupiter’s Moon Io Shows No Magma Ocean as New Findings Explain Volcanic Eruptions
NASA's latest findings indicate that Jupiter's volcanic moon Io does not have a global magma ocean beneath its surface, debunking previous theories. This conclusion comes from analysis of data from NASA's Juno spacecraft and archival observations from the Galileo mission. The study suggests that Io's interior is more solid than expected, with volca...
-
India May Use Old Hydrocarbon Wells To Store Natural Gas: GAIL Official
India is looking at building its first strategic natural gas reserves by using old, depleted hydrocarbon wells to store the fuel and hedge against global supply disruption, a senior executive of GAIL said.
-
Global Oil Prices Soar After Hamas Attack On Israel
Oil prices soared more than four percent Monday after Hamas launched an attack on Israel at the weekend, sparking concerns about possible supply shocks from the crude-rich region.
-
From Texas To Tokyo, Extreme Heat Is Now Threatening Global Fuel Supply
In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries.
-
"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
-
UN-Brokered Grain Deal Suspension To Affect Food Security Globally: India
India raised concern on Monday at the Security Council about the suspension of the UN-brokered Black Sea Grain initiative, saying that this move is likely to further exacerbate the food security, fuel, and fertilizer supply challenges faced by the wo
-
Oil Rises 2% But Posts Weekly Loss On Recession Fears
Oil prices rose about 2% in volatile trade but were still heading for a weekly decline as investors worried about a potential recession-driven demand downturn even as global fuel supplies remained tight.
-
Indian April Crude Processing Rises As Cheap Russia Oil Boosts Returns
Diesel supply has become a global concern since sanctions against Russia reshaped fuel trade and sent international inventories to historic lows.
-
Oil Settles Mixed Amid Beijing Lockdown Fears, Tight Supplies
A pending European Union ban on oil from Russia, a key supplier of crude and fuels to the bloc, is anticipated to further tighten global supplies.
-
Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
-
Oil Settles Mixed Amid Beijing Lockdown Fears, Tight Supplies
A pending European Union ban on oil from Russia, a key supplier of crude and fuels to the bloc, is anticipated to further tighten global supplies.
