TotalEnergies Inks LNG Deals with Indian Oil Corp

05 Jun 2024 CW Team

French energy major TotalEnergies has inked significant agreements with Indian Oil Corporation and Korea South-East Power for the supply of liquefied natural gas (LNG) over a medium to long term period, the company announced on Tuesday.

Under the terms of the deals, TotalEnergies will supply up to 800,000 metric tons per year of LNG to India for a decade starting from 2026, according to a statement released by the company. This agreement is part of TotalEnergies' strategy to bolster its LNG business and solidify its presence in the global market.

Additionally, TotalEnergies has entered into a heads of agreement with Korea South-East Power to provide up to 500,000 metric tons per year of LNG to South Korea for a period of five years, commencing in 2027. These agreements mark a significant step forward in the company's efforts to expand its LNG supply portfolio and cater to the growing demand for cleaner energy sources in key markets.

"These agreements align perfectly with TotalEnergies' strategic vision of strengthening its position in the LNG market and diversifying its global supply portfolio," commented a spokesperson for the company. "They represent medium-term outlets for our LNG business and underscore our commitment to delivering reliable and sustainable energy solutions to our partners worldwide."

The move comes as TotalEnergies continues to ramp up its investments in LNG infrastructure and production facilities, aiming to capitalize on the increasing demand for natural gas as a cleaner alternative to traditional fossil fuels. With these latest agreements, the company reaffirms its commitment to sustainable growth and innovation in the energy sector.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..