Pipes News Today

Iran warns of severe domestic gas shortages and potential nationwide supply cuts this winter due to processing facility damage from ongoing conflict.

OPEC+ crude oil output rebounded in October to nearly pre-Iran war levels, driven by Saudi Arabia's sharp production increase despite ongoing shipment disruptions through the Strait of Hormuz.

Prime Minister Narendra Modi will inaugurate MRPL's ₹330 crore Devangonthi terminal in Bengaluru on November 13, boosting fuel supply reliability, cutting carbon emissions, and supporting Karnataka's industrial growth.

Former Rajasthan CM Ashok Gehlot criticized the BJP government for delays in setting up petrochemical industries in Barmer's petro zone, warning that raw materials will go to other states, costing local youth jobs.

India's revamped GOBARdhan scheme, backed by an INR 237.31 billion outlay, aims to boost compressed biogas production tenfold by 2035-36, addressing financial and feedstock challenges for energy security.

In October 2026, Russia's fossil fuel revenues hit EUR 754 million per day, a 14% monthly rise, driven by record crude earnings and strong demand from China and India despite international sanctions.

In January-October 2026, KazTransOil transported 15.522 million tonnes of oil to domestic refineries, an increase of 643,000 tonnes year-on-year, amid a total pipeline volume of 38.306 million tonnes.

Nagpur's nearly Rs950 crore Kanhan-Kolar barrage project secured initial funding clearance. It aims to address rising drinking-water demand over the next three decades through new infrastructure development.

European wholesale natural gas prices surged following renewed attacks on commercial shipping in the Middle East, reviving severe concerns over physical energy supply disruptions and halting recent deflation.

India's monthly crude oil imports from the Persian Gulf reached approximately 2.1 million barrels per day, surpassing Russian imports of 1.8 million barrels per day due to declining Russian price advantages and reduced freight costs.