Tag: Middle East

EMS provider PG Electroplast says gas supply affected

The said communication is due to the constraints faced by certain vessels arising from maritime navigation restrictions in the light of the ongoing war...

Hindustan Organic Chemicals to shut plant operations, amid LPG disruptions

HOCL, Kochi unit in the state of Kerala (Phenol Complex) is the only manufacturing unit of the company which is engaged in manufacturing of...

Oil prices cross $100 a barrel, amid Middle East conflict

Crude jumped 18 per cent to above USD 107 a barrel, its first time above the USD 100 level since July 2022, after Russia’s...

Middle East war hits LNG supply, says GNFC

GAIL (India) Limited (GAIL), the Company’s supplier of Re-gasified Liquefied Natural Gas (RLNG), has received a Force Majeure Notice from its upstream supplier, Petronet...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has issued a Force Majeure notice on 3 March  under its Gas Sale and Purchase Agreement. The notice...

Gujarat Gas issues Force Majeure notices to industrial customers

The company said it has issued Force Majeure Notices to its Industrial Customers in terms of the provisions of the Gas Supply Agreements restricting...

DFC says its insurance products will support private sector operations in Gulf region

US President Donald Trump said he has ordered DFC to provide, at a very reasonable price, political risk insurance and guarantees for the Financial...

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