Indian energy players team up for green hydrogen

Indian Oil, Larsen & Toubro (L&T), and ReNew Power have formed the Green Hydrogen joint venture in a move to enable India’s decarbonisation push. Courtesy of L&T Indian Oil, the country’s refiner, L&T, India’s engineering and construction firm, and ReNew, … Read More

McDermott fleet delivers major milestone for ‘largest subsea project in Asia Pacific’

U.S. offshore construction and engineering contractor McDermott has delivered a gas field for what it says is the largest subsea project in the Asia Pacific. Announcing the completion of the project on Wednesday, McDermott pointed out it had navigated both … Read More

India fines Japanese car carrier cartel

India has sanctioned four Japanese maritime transport companies for price-fixing practices in the car carrier business. Illustration. Image by NYK On 24 January 2022, the Competition Commission of India (CCI) passed a final order against Nippon Yusen Kabushiki Kaisha (NYK … Read More

India needs to step up investment in its shipping sector

India continues to have a smaller share in the international shipping sector and has been forced to become a net importer of shipping services especially ship finance, a new report shows. This is despite the fact that the country has … Read More

India to reach climate targets before the set deadline

India Prime Minister Narendra Modi reaffirms India’s goal to promote LNG as fuel and says India is on track to reach its Paris Agreement climate targets well before 2030. Courtesy of GAIL India’s goal is to boost the share of … Read More

India told to pay Cairn $1.2 billion in tax arbitration case

The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case. Cairn Energy said on Wednesday that the tribunal established to rule on its claim against … Read More