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The spectre of a European gas price cap returns
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
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The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
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The South Asian consumer’s next move could tighten the Middle East oil market overnight
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Indian refiners prove their adaptability
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Gas has limited room for growth in India
India Gas Coal Renewables
Simon Ferrie
8 June 2021
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Limited role for gas in India's energy mix

Gas is caught between present reliance on coal and future growth for renewables

Gas will have only a limited role in India’s decarbonisation efforts, as a range of factors hamstring the fuel’s potential use. The country is and will remain heavily dependent on coal as a source of baseload power. The fuel accounts for 53pc of India’s installed generation capacity, but produced 77pc of power generated in March this year, according to consultancy Kpler. Gas-fired capacity stands at just 6pc, or roughly 25GW, although the government wants to increase this to 15pc by 2030—a relatively modest target compared with other countries. The IEA consequently expects India to keep newer and more-efficient coal-fired capacity in use for some time to come and to identify those plants whi

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The spectre of a European gas price cap returns
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
Letter from London: The oil market should panic tomorrow
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
LPG in Africa: Big potential but big barriers
Opinion
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
Letter from Dubai: A safe haven under fire
Opinion
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy

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