Search result for 'natural gas'

India's Infrastructure Growth Slows to 2.9% in February

March 28, 2025 17:27

India's eight core infrastructure sectors recorded a growth of 2.9% in February, slowing down from 7.1% a year ago. The production growth of coal, refinery products, steel and electricity...

GAIL Pipeline Tariff Hike: Rs 3,400 Cr Boost to Margins

March 28, 2025 15:18

GAIL's natural gas pipeline tariff is set to rise by 35%, potentially adding Rs 3,400 crore to its annual pre-tax earnings. The increase aims to cover operational costs and incentivize pipeline...

Adani Green Energy Gallery: 7 Lakh Visitors at Science Museum

March 26, 2025 15:53

Adani Green Energy's gallery at the Science Museum in London attracts 7 lakh visitors in its first year, showcasing renewable energy solutions for a low-carbon future.

Coal India Forms Subsidiary for Coal-to-SNG Business

March 25, 2025 16:36

Coal India has incorporated a subsidiary, Coal Gas India Ltd, to develop a coal-to-synthetic natural gas (SNG) business. The company will manufacture SNG and other products, including setting up...

Rajya Sabha Adjourned Amid Ruckus Over Muslim Reservation in Karnataka

March 24, 2025 14:58

The Rajya Sabha was adjourned on Monday due to uproar over the issue of reservation for Muslims in public contracts in Karnataka. Opposition members raised concerns about alleged constitutional...

ONGC to Import Ethane for Petrochemicals: Joint Venture for VLECs

March 23, 2025 14:50

ONGC plans to import ethane from 2028 to compensate for changes in Qatar LNG composition. The state-owned firm is seeking joint venture partners to build VLECs for ethane transport.

Gujarat Gas Pipeline Commissioned: Chhara LNG Terminal to Grid

March 23, 2025 13:19

Gujarat State Petronet Ltd has commissioned a new natural gas pipeline connecting the Chhara LNG terminal to the national grid, increasing natural gas availability for power plants and fertilizer...

No Windfall Tax on Oil Cos After New Law: Puri

March 20, 2025 15:31

India's new Oilfields Bill, passed by Parliament, ensures fiscal stability for oil companies, eliminating the possibility of windfall taxes, according to Petroleum Minister Hardeep Singh Puri. The...

Govt Divestment to Boost FY26 Fundraising: Emkay

March 20, 2025 14:46

Emkay Global says government's divestment plan will drive fundraising in FY26, citing a target of Rs 47,000 crore. This follows a slowdown in deal-making activity due to market correction.

Welspun Corp Wins $2.4 Billion US Orders for Coated Pipes

March 17, 2025 15:22

Welspun Corp secures new orders worth Rs 2,400 crore for coated pipes in the US market, bolstering its order book to Rs 20,000 crore. The orders will be executed in FY26 and FY27.

ONGC's OPaL Exits Dahej SEZ, Targets Domestic Market

March 9, 2025 14:31

ONGC PetroAdditions Ltd (OPaL) has exited the Dahej SEZ to focus on the Indian domestic market, aiming to improve profitability and compete with new players. The subsidiary is also looking to...

Oil Ministry to Pursue USD 2.81 Billion Demand from Reliance

March 7, 2025 21:41

India's oil ministry will pursue a USD 2.81 billion demand from Reliance Industries for alleged gas migration, following a court decision in favor of the government.

Vikas Kaushal Appointed HPCL Chairman

March 7, 2025 18:29

Vikas Kaushal, former Kearney consultant, has been appointed as the Chairman and Managing Director of HPCL for a period of 5 years. This appointment marks the first time a private sector consultant...

Para-Athletes: Puri Urges PSUs to Boost Sports Initiatives

March 7, 2025 15:08

Union Minister Hardeep Singh Puri calls on oil PSUs to enhance their support for para-athlete sports, highlighting the achievements of Indian athletes in the Paralympics.

THINK Gas Signs Rs 500 Cr Contract with Polaris for Smart Gas Meters

March 7, 2025 14:07

THINK Gas has partnered with Polaris Smart Metering for the supply of 1 million smart gas meters, aiming to provide smarter and greener energy solutions to customers.

Reliance, BP to Pay USD 2.81 Billion for Gas from ONGC Block

March 4, 2025 12:53

Indian government demands USD 2.81 billion from Reliance Industries and BP for gas produced from an ONGC block, following a Delhi High Court ruling.

Government Headhunter Fails to Find BPCL CEO

March 2, 2025 10:02

PESB struggles to find suitable candidates for top jobs at BPCL and HPCL due to lack of multidisciplinary experience among applicants.

India's Key Infrastructure Growth Surges 4.6% in January

February 28, 2025 17:05

India's eight core infrastructure sectors witnessed a 4.6% growth in January 2025, driven by strong performances in cement, refinery products, and fertiliser. Coal, steel, and electricity...

India Scouts Critical Minerals in Congo, Zambia, Tanzania, Australia: Mines Secretary

February 27, 2025 16:35

India is exploring critical minerals in Congo, Zambia, Tanzania and Australia. The government aims to reduce import dependence and achieve self-reliance in critical minerals for clean energy...

Suman Kumar Appointed IOC Director (Planning & Business Development)

February 27, 2025 15:23

Suman Kumar, with over 30 years of experience, has been appointed as Director (Planning & Business Development) at Indian Oil Corporation (IOC). He will lead IOC's expanding business portfolio,...

Assam: Key Player in India's Energy Sector

February 26, 2025 17:03

Assam Chief Minister Himanta Biswa Sarma highlights the state's crucial role in India's energy sector, emphasizing its vast hydrocarbon reserves, skilled workforce, and promising future in green...

India Aims for Over 20% Ethanol Blending in Petrol

February 26, 2025 13:02

India is aiming to increase ethanol blending in petrol to over 20%, forming a committee under NITI Aayog to explore the feasibility. Current blending has already reached 19.6%.

Farmers Are Backbone of Indian Economy: Hardeep Puri

February 24, 2025 19:15

Union Minister Hardeep Puri emphasizes farmers'' role in Indian economy, highlighting PM-KISAN scheme and ethanol blending initiatives.

Reliance, BP Win Gas Migration Dispute: Court Overturns Arbitration Award

February 16, 2025 16:24

The Delhi High Court has overturned an arbitration award that held Reliance and BP responsible for gas migration from ONGC's fields, a major victory for the companies.

Namrup Urea Plant: Rs 10,000 Cr Investment in Assam

February 13, 2025 22:06

India to establish a new urea plant in Namrup, Assam, costing Rs 10,000 crore, with a production capacity of 12.70 lakh tonnes, aimed at meeting demand in the North East and Eastern India.

IOC Signs USD 7-9 Billion LNG Deal with UAE

February 13, 2025 15:54

Indian Oil Corporation (IOC) signs a long-term LNG import deal with UAE firm ADNOC Gas worth USD 7-9 billion, securing 1.2 million tonnes per year for 14 years starting 2026. This deal strengthens...

Petrobras Signs Oil Deals with BPCL, OVL, Oil India

February 12, 2025 19:36

Petrobras has signed agreements with BPCL for crude oil supply, and ONGC Videsh and Oil India for oil and gas exploration cooperation. These deals aim to strengthen energy security and...

ONGC-NTPC JV Acquires Ayana Renewable in USD 2.3 Billion Deal

February 12, 2025 18:44

ONGC and NTPC's joint venture acquires renewable energy firm Ayana for USD 2.3 billion, marking a significant step in India's clean energy transition.

ONGC, Tata Power to Collaborate on Battery Storage Solutions

February 12, 2025 16:41

ONGC and Tata Power Renewable Energy Ltd have signed an MoU to explore collaboration in the Battery Energy Storage System (BESS) value chain, aiming to enhance India's energy security through...

French Firm Signs LNG Supply Deal with GSPC, India

February 12, 2025 16:19

TotalEnergies signs a 10-year deal to supply 400,000 tonnes of LNG per year to GSPC, marking its second major LNG deal in India in the past year. This deal signifies TotalEnergies' commitment to...

India Gas Pricing Reform: IEA Calls for Freedom &' Unbundling

February 12, 2025 11:39

The IEA urges India to free gas pricing, unbundle marketing &' transportation, &' establish independent gas transmission operators to boost gas consumption.

GreenLine Mobility to Expand LNG Outlets, Fleet in 2025

February 12, 2025 10:59

GreenLine Mobility, an Essar Group subsidiary, plans to increase its LNG retail outlets from 3 to 10 and its LNG-powered truck fleet to 1,000 by 2025, aiming to reduce carbon emissions in India's...

Oil Retailers Select PACS for Petrol Outlets - Amit Shah

February 11, 2025 17:46

Cooperation Minister Amit Shah announced that 26 PACS have been chosen to set up retail petrol and diesel outlets, with the government allowing PACS to operate retail fuel stations and LPG...

India Calls for Just Energy Transition, Role of Fossil Fuels

February 11, 2025 13:39

India advocates for a balanced energy transition, emphasizing the role of fossil fuels in the near term for developing nations while scaling up cleaner sources.

India Opens Largest Oil '' Gas Bid Round: 25 Blocks on Offer

February 11, 2025 12:48

India launches its biggest oil '' gas bid round, offering 25 blocks covering 1.91 lakh sq km to boost domestic production and cut imports.

ONGC & BP Boost Mumbai High Output by 60%

February 11, 2025 09:31

ONGC partners with BP to increase Mumbai High oil and gas production by 60% over the next decade, leveraging BP's expertise in reservoir management and optimization.

India Open to Energy Imports, Gas Prices to Fall in 2026: Puri

February 10, 2025 18:37

India's oil minister says the country is open to buying energy from all sources at the lowest rates, with gas prices expected to decrease in 2026. India is looking to increase its gas imports,...

ONGC & BP Partner for Oil Exploration & Trading

February 10, 2025 18:31

ONGC and BP have signed a pact to collaborate on exploration and production, trading, and other energy ventures in India and internationally. The MoU focuses on joint projects, technology sharing,...

ONGC's Mumbai High Sees Redemption in BP Deal

February 9, 2025 11:14

ONGC partners with BP to revitalize Mumbai High oilfield, aiming to increase production by 44% for oil and 89% for gas. BP will provide technical expertise and receive a share of revenue, reversing...

ONGC to Boost Gas Production in Tripura: 4 MMSCMD Target

February 7, 2025 20:33

ONGC Tripura Asset aims to increase natural gas production to 4 MMSCMD annually to meet growing demand. The company currently produces 3.5 MMSCMD, supplying three major power plants in Tripura.

SPIC Q3 Profit: Rs 54.59 cr, Focus on Cost Efficiency & Agri-Nutrients

February 7, 2025 17:38

Southern Petrochemical Industries Corporation (SPIC) reports a Q3 profit of Rs 54.59 crore, driven by cost efficiency and focus on agri-nutrient solutions. Read more.

Kolkata City Gas Network Progress: GAIL Reports Pipeline Completion

February 7, 2025 16:41

GAIL (India) Ltd reports significant progress in Kolkata's city gas distribution network with pipelines reaching the eastern metropolitan. This development paves the way for accelerated natural gas...

Pakistan Exports Uncompetitive After Gas Price Hike: Report

February 5, 2025 11:50

Pakistan's gas price hike for industries has made exports uncompetitive, jeopardizing the USD 60 billion export target and threatening investment in manufacturing. The move, though meeting IMF...

Assam Urea Plant: Game Changer for NE - Himanta Biswa Sarma

February 1, 2025 13:57

Assam Chief Minister Himanta Biswa Sarma hails the announcement of a new urea plant in Namrup as a 'game changer' for the Northeast. The plant, announced in the Union Budget 2025-26, will boost...

ONGC Q3 Profit Drops 17% on Lower Oil Prices

January 31, 2025 20:45

ONGC's net profit declined 16.7% in Q3 FY25 due to lower crude oil prices. The company also saw a fall in gross revenue, but managed to increase crude and gas production.

India's Key Infra Sectors Growth Slows to 4% in December 2024

January 31, 2025 17:12

India's eight core infrastructure sectors saw a slowdown in growth to 4% in December 2024, compared to 5.1% in the same period last year. Natural gas production recorded a decline, while coal,...

Gold Prices to Decline, Silver to Rise in 2025 - Economic Survey

January 31, 2025 16:03

Economic Survey predicts gold prices to decline in 2025 while silver prices may increase, citing global commodity market trends and central bank actions.

GAIL Q3 Profit Soars 36% on LNG Compensation

January 30, 2025 15:29

GAIL's Q3 profit surged 36% driven by a one-time gain from an LNG supplier for non-delivery. Revenue remained stable across segments.

Indian Gas Exchange Launches Long-Term Contracts

January 28, 2025 14:07

Indian Gas Exchange (IGX) launches 3-6 month gas supply contracts, approved by PNGRB, offering flexibility and price hedging options for market participants.

Adani Total Gas Profit Drops 17% on Gas Supply Cuts

January 27, 2025 19:59

Adani Total Gas's net profit fell 17% in Q3 due to reduced APM gas supply and higher fuel costs. The company replaced cheaper domestic gas with higher-priced alternatives, impacting profitability.

Oil, Gas Prices To Remain High: GAIL Chairman

January 25, 2025 20:44

GAIL India chairman expects oil and gas prices to remain high for some time, citing US energy policy and ongoing projects. He also discusses the company's growth plans and expectations from the...

India to Continue Buying Russian Crude at Discount: Puri

January 24, 2025 21:33

India will continue to buy discounted Russian crude oil, says Petroleum Minister Hardeep Puri, emphasizing the government's commitment to acquiring the most economically-priced crude. Learn more...

India Energy Week 2025: Global Participation, 2nd Largest Energy Event

January 24, 2025 20:35

India Energy Week 2025 is set to be the 2nd largest energy event globally with over 70,000 delegates, 500 speakers, and 10 country pavilions. It will focus on energy security, transitions, and...

GeM Procurement Crosses Rs 4 Lakh Cr in FY24

January 24, 2025 20:23

Government e-Marketplace (GeM) procurement surpasses Rs 4 lakh crore during April-January FY24, driven by increased buying by ministries and departments. The platform has enabled significant...

IOC to Sponsor 38th National Games in Uttarakhand

January 24, 2025 20:20

Indian Oil Corporation (IOC) will sponsor the 38th National Games in Uttarakhand, becoming a bronze sponsor. The company will soon decide the amount of its sponsorship.

US Energy to India: Minister Puri Sees Potential

January 21, 2025 14:34

India's oil suppliers have increased to 39, and Minister Hardeep Singh Puri welcomes the possibility of more US energy coming to India. He anticipates a drop in oil prices with increased availability.

Cummins Launches HELM Engine Platform at Bharat Mobility Expo

January 18, 2025 17:46

Cummins Group launches next-gen HELM engine platforms at Bharat Mobility Global Expo 2025, offering fuel flexibility and sustainability solutions for commercial vehicles. The platform includes...

GAIL Settles USD 1.8 Billion Claim with Gazprom Unit

January 17, 2025 12:47

GAIL (India) Ltd has settled a USD 1.817 billion claim against SEFE Marketing & Trading Singapore for USD 285 million, ending a dispute over non-delivery of LNG.

Indian Gas Exchange Launches 3-6 Month Contracts

January 12, 2025 11:47

Indian Gas Exchange (IGX) seeks regulatory approval for 3-6 month gas contracts benchmarked to international gas prices. The move aims to promote long-term gas trading and enhance market efficiency.

Government Restores Gas Supply to IGL, Adani-Total

January 12, 2025 11:35

Indian government increases cheaper gas supply to IGL, Adani-Total, and Mahanagar Gas, restoring a major part of the allocation that was cut in 2024. The decision comes after city gas retailers...

US Sanctions Russian Energy Sector, 2 Indian Firms Named

January 10, 2025 22:54

The US has imposed sanctions on two Indian companies for allegedly violating American sanctions on Russia by transporting LNG. The sanctions target over 200 entities and individuals, aiming to...

ONGC Revenue Boost: BP Partnership to Increase Oil & Gas Production

January 9, 2025 12:42

ONGC expects a USD 10.3 billion revenue boost from increased oil and gas production at Mumbai High field, achieved through a partnership with BP Exploration (Alpha) Ltd.

ONGC Stock Surges 3% After BP Wins Mumbai High Bid

January 8, 2025 17:36

ONGC shares rallied 3% on Wednesday after BP Plc won a bid to increase production at the Mumbai High oil and gas field, leading to a significant rise in the company's market valuation.

BP Wins Bid to Operate ONGC's Mumbai High Fields

January 8, 2025 10:19

BP Plc has been selected to operate ONGC's Mumbai High oil and gas field, promising a significant production boost. The move aims to reverse declining output at the crucial Indian field.

Govt Diverts Gas from LPG to CNG: City Gas Retailers Get Boost

January 3, 2025 15:16

India's government has redirected natural gas from LPG production to city gas retailers, boosting CNG and piped cooking gas supplies. This move aims to address rising CNG prices and supply...

Coal Production Surges 34% in Apr-Dec: India's Energy Update

January 2, 2025 19:54

Coal production in India from captive and commercial mines soared 34.2% to 131.05 million tonnes in April-December 2024, driven by strong demand and government initiatives. Read more.

WPI Base Year Revision: Govt Forms Working Group

January 2, 2025 15:01

The Indian government has constituted a working group to revise the Wholesale Price Index (WPI) base year from 2011-12 to 2022-23, aiming to reflect current economic realities.

India's Core Sector Growth Slows to 4.3% in November 2024

December 31, 2024 20:17

India's eight core infrastructure sectors saw growth slow to 4.3% in November 2024, down from 7.9% in the same month last year. Cement production led the rise, while crude oil and natural gas...

India's Infrastructure Growth Slows to 4.3% in November

December 31, 2024 17:41

India's eight core infrastructure sectors saw growth slow to 4.3% in November 2024, down from 7.9% a year ago. Production of crude oil and natural gas contracted, while cement output rose.

Coal Exchange On Anvil: India Aims To Boost Output

December 27, 2024 11:00

India plans to launch a coal exchange, increase production, and promote coal gasification to meet growing demand. Coal output is expected to grow, with captive mines playing a key role. The...

India Probes LNG Fuel Tank Dumping from China

December 26, 2024 15:42

India has launched an anti-dumping investigation into LNG fuel tanks imported from China, following a complaint from a domestic manufacturer. The probe aims to protect domestic industries from...

Swan Energy Partners with AG&P for India FSRU Project

December 25, 2024 14:03

Swan Energy has partnered with AG&P Terminals and Logistics to provide a floating storage and regasification unit (FSRU) for its LNG import project in Jafrabad, Gujarat.

GST Council to Rejig Tax Rates on Insurance, Watches, Shoes & More

December 20, 2024 12:06

The GST Council is set to discuss rate changes on insurance premiums, luxury items like watches and shoes, and a potential new 35% tax slab for sin goods. The meeting will also deliberate on...

GreenLine Expands Green Logistics with Exide Partnership

December 17, 2024 13:26

GreenLine Mobility Solutions partners with Exide Industries to deploy LNG-powered trucks for sustainable logistics operations in India. This collaboration aims to reduce Scope 3 emissions and...

Govt Approves Rs 4,150 Crore for Coal Gasification Projects

December 12, 2024 19:44

Indian government awards Rs 4,150 crore in incentives to four entities for coal gasification projects, including CIL-BHEL, CIL-GAIL, Coal India, and New Era Cleantech. The projects aim to produce...

IGL Announces 1:1 Bonus Share Issue - Boost for Shareholders

December 10, 2024 15:26

Indraprastha Gas Ltd (IGL) declares a 1:1 bonus share issue, aiming to increase retail investor participation and reward shareholders. The company cites strong financial performance and growth...

Ghatkopar Billboard Collapse: Petrol Pump Safety Audit Ordered

December 8, 2024 10:27

Following a fatal billboard collapse at a Mumbai petrol pump, India's oil regulator has ordered a safety audit of all petrol pumps nationwide, focusing on billboards and structures.

GOP Lawmaker Calls for Tariffs on Indian Ceramic Tiles

December 4, 2024 04:24

A GOP lawmaker is urging the US Commerce Department to impose 'robust tariffs' on Indian ceramic tile imports, claiming unfair trade practices are hurting Tennessee manufacturers.

DAP Fertiliser Shortage in India: FAI Says No, Production & Import Dip

December 3, 2024 17:02

Fertiliser Association of India (FAI) assures no DAP shortage despite reduced production & imports. FAI demands higher price for DAP due to its high nutritional value, emphasizing soil health.

Rajya Sabha Passes Bill to Boost Oil & Gas Investment

December 3, 2024 16:52

Rajya Sabha passed a bill to amend the Oilfields (Regulation and Development) Act, 2024, aiming to boost investment in oil and gas exploration and production.

India Scraps Windfall Profit Tax on Crude Oil & Fuel Exports

December 2, 2024 14:44

India has scrapped the windfall profit tax on domestic crude oil and fuel exports, citing a decline in international oil prices. The decision follows controversy and lobbying from industry players.

ONGC Videsh Acquires Equinor Stake in Azerbaijan Oilfield

November 30, 2024 12:13

ONGC Videsh Ltd. (OVL) has completed the acquisition of Equinor's stake in the Azeri Chirag Gunashli (ACG) oilfield and Baku Tbilisi Ceyhan (BTC) pipeline for USD 60 million.

India's Key Infrastructure Growth Slows to 3.1% in October 2024

November 29, 2024 17:20

India's eight core infrastructure sectors saw a sharp decline in growth to 3.1% in October 2024, down from 12.7% in the same month last year. The sectors include coal, crude oil, natural gas,...

GAIL Signs LNG Ship Charter with K-Line

November 29, 2024 17:17

GAIL (India) Ltd has signed a long-term charter contract with Kawasaki Kisen Kaisha, Ltd for a newly built LNG ship. The vessel will be built by Samsung Heavy Industries and will be used for...

ONGC Oil Discoveries Await Mining Lease in WB

November 28, 2024 16:17

ONGC has made four oil discoveries near Ashokenagar, West Bengal, but awaits the state government's approval for a petroleum mining lease to develop them. The oil minister has stated that the...

Adani Group Stocks Fall; AGEL Tumbles 7%

November 26, 2024 17:36

Shares of all Adani Group companies declined on Tuesday, with Adani Green Energy falling 7% amid broader market weakness and US bribery charges against Gautam Adani.

Adani Group: No Impact from TotalEnergies' Decision, Funding Talks Not On

November 26, 2024 13:20

Adani Group says TotalEnergies' decision to pause investments won't impact operations, as no new funding was under discussion. The French energy giant cited a US corruption investigation against...

Total Suspends Adani Investments Over Bribery Charges

November 25, 2024 16:04

French energy giant TotalEnergies has halted new investments in Adani Group companies following bribery allegations against the Indian firm's founder. The company says it will not make new...

CNG Price Hike: Mumbai, Other Cities Affected, Delhi Spared

November 25, 2024 12:47

CNG prices in Mumbai and several other cities have been hiked by Rs 2 per kg, while Delhi remains unaffected due to upcoming elections. Learn about the reasons behind the price increase and the...

AG''P Pratham Expands CNG Network in Thiruvananthapuram

November 22, 2024 13:26

AG''P Pratham to add 5 new CNG stations in Thiruvananthapuram by December, increasing its network to 44 stations in the region.

Vedanta Aluminium Signs Gas Supply Pact with GAIL

November 20, 2024 16:42

Vedanta Aluminium partners with GAIL Gas Ltd for natural gas supply to its Jharsuguda smelter, aiming to reduce carbon emissions and achieve net zero by 2050.

Corporate Infotech Wins 7-Year ONGC IT Infrastructure Contract

November 19, 2024 12:38

Corporate Infotech Pvt Ltd secures a seven-year contract from ONGC for IT infrastructure services, including on-premise IaaS and disaster recovery solutions.

Indraprastha Gas, Mahanagar Gas Shares Tumble on Gas Cut

November 18, 2024 17:44

Shares of Indraprastha Gas and Mahanagar Gas plunged after the government slashed domestic gas supplies for the second time this month, impacting CNG retailers' profitability.

ONGC, NTPC Form JV for Renewable Energy Projects

November 18, 2024 16:58

ONGC and NTPC have formed a joint venture company, ONGPL, to develop renewable energy projects in India and overseas. The JV will focus on greenfield development, acquisitions, and offshore wind...

Odd-Even Rule for Cleaner Fuels in Delhi: Biogas Association's Proposal

November 17, 2024 11:17

The Indian Biogas Association proposes enforcing the odd-even rule in Delhi NCR to combat air pollution and encourage the adoption of cleaner fuels like EVs and CBG. The association also highlights...

CNG Price Hike: Retailers Seek Justification, Govt Demands Cost Breakup

November 17, 2024 11:15

CNG retailers like IGL and Adani Total Gas are pushing for a price hike after gas supply cuts, but the government is demanding cost breakdowns to justify the increase. Read more about the latest...

CNG Price Hike Looms as Gas Supply Cuts Hit IGL Profitability

November 15, 2024 17:12

Indraprastha Gas Ltd (IGL) faces profitability hit as government cuts domestic gas supply for CNG, raising concerns about potential price hikes. The move follows declining production from legacy...

CLSA Shifts Focus Back to India, Cuts China Exposure

November 15, 2024 16:54

Global brokerage CLSA reverses its strategy, increasing India allocation and cutting China exposure due to challenges facing Chinese markets post Trump's win.

Oilfield Bill: Policy Stability & Ease of Doing Business - Puri

November 15, 2024 16:14

India's Oil Minister Hardeep Singh Puri highlights the Oilfields (Regulation and Development) Amendment Bill, 2024, aimed at boosting oil & gas production, attracting investment, and...

GAIL Signs 10-Year LNG Deal with ADNOC Gas - 2026 Start

November 14, 2024 20:16

GAIL India secures a 10-year LNG supply deal with ADNOC Gas, starting in 2026. The agreement aims to meet India's rising natural gas demand and strengthens ADNOC Gas' global presence.

ONGC Net Profit Rises 17% in Q2 on Lower Levies

November 11, 2024 19:22

ONGC's net profit surged 17% in Q2 FY25, driven by lower windfall tax and other levies. The company also saw increased crude oil production and a slowdown in gas production decline.

Northeast Gas Exploration to Boost Economy: IGX

November 10, 2024 15:14

IGX CEO highlights the potential of natural gas exploration and monetization in Northeast India, emphasizing its benefits for the local economy, energy security, and trade opportunities with...

India Now Biggest EU Fuel Exporter, Russian Oil Refinement Loophole

November 10, 2024 12:32

India's fuel exports to the EU soared, likely fueled by Russian oil refining. India now biggest exporter of fuel to EU despite price cap.

Rajasthan Signs Rs 63,463 Cr MoUs in Mines & Petroleum

November 8, 2024 19:34

Rajasthan government signs MoUs worth Rs 63,463 crore in the mines and petroleum sector, attracting investments for industrial development and job creation.

NSE to Boost Commodities Market with New Contracts

November 8, 2024 16:20

NSE plans to launch new commodities contracts in the coming months, focusing on non-agri commodities. The exchange aims to leverage its reach and financial strength to grow the commodities market...

GAIL Shares Surge 6% on Strong Q2 Earnings

November 6, 2024 16:56

GAIL (India) Ltd shares climbed over 6% on Wednesday after the company reported a 10% rise in September quarter net profit, driven by gains in gas transmission and petrochemicals.

GAIL Q2 Profit Up 10% to Rs 2,690 cr

November 5, 2024 18:50

GAIL's Q2 profit rose 10% to Rs 2,690 crore driven by gas transmission and petrochemical gains. Learn about the company's performance and future outlook.

Welspun Corp Wins Rs 1,300 Crore US Pipe Supply Order

November 4, 2024 11:29

Welspun Corp secures two orders worth Rs 1,300 crore in the US for supplying specialised pipes for natural gas pipeline projects. The order will be executed in FY 2025-26.

ONGC Fails to Find Partner for Deen Dayal Gas Field

November 3, 2024 11:10

ONGC's third attempt to find a partner for the Deen Dayal gas field in the KG basin has failed, as no bids were received for the project. The field has faced technical challenges and has produced...

India's Infrastructure Growth Slows to 2% in September

October 30, 2024 17:13

India's eight core infrastructure sectors saw growth slow to 2% in September, with three sectors reporting negative growth. Learn more about the key factors driving this slowdown.

Union Minister Puri Calls Out Punjab CM on CBG Plants

October 29, 2024 16:54

Union Minister Hardeep Singh Puri criticizes Punjab's lack of investment in CBG and ethanol plants, despite his multiple letters to the Chief Minister. He also addressed law and order concerns and...

No Oil Shortage, India's Refining Capacity Sufficient: Puri

October 29, 2024 15:17

Union Minister Hardeep Singh Puri assures no oil shortage globally and India has enough refining capacity. He attributes recent price hikes to geopolitical tensions and freight costs.

ONGC Chairman Should Head HPCL: Synergy Panel Report

October 27, 2024 12:15

A panel appointed to work out synergies between ONGC and HPCL has recommended that the ONGC Chairman should also be the chairman of the subsidiary HPCL, citing universal corporate practices. The...

NCLAT Upholds CCI Order: Travel Agents Association Plea Rejected

October 25, 2024 20:03

The National Company Law Appellate Tribunal (NCLAT) has upheld the Competition Commission of India (CCI) order rejecting a plea by the Travel Agents Association of India (TAAI) alleging...

ADB Funds Assam Solar Project: USD 434.25 mn Loan

October 25, 2024 11:39

The Asian Development Bank (ADB) has approved a USD 434.25 million loan to boost renewable energy in Assam, aiming to increase solar capacity and reduce fossil fuel reliance.

Petronet LNG Q2 Profit Rises 4% on Higher Capacity Utilization

October 24, 2024 18:29

Petronet LNG Ltd, India's largest LNG importer, reported a 4% rise in Q2 profit, driven by increased capacity utilization at its Dahej terminal. The company's net profit reached Rs 848 crore,...

Adani Total Gas Shares Surge 8% on Q2 Earnings

October 24, 2024 18:05

Adani Total Gas shares soared nearly 8% after the company reported a 6% rise in second-quarter net profit. The stock closed at Rs 755.25 apiece on the BSE.

Adani Total Gas Q2 Profit Up 6% to Rs 178 Cr

October 24, 2024 17:01

Adani Total Gas Ltd. reports a 6% rise in Q2 profit, driven by higher gas prices and increased CNG and PNG volumes. Revenue also saw a 12% increase.

City Gas Costs to Rise by Rs 2-3/kg Due to Lower APM Gas Allocation: Crisil

October 23, 2024 14:49

City gas distribution companies in India are facing a rise in procurement costs due to reduced APM gas allocation. Crisil estimates the cost increase to be around Rs 2-3 per kg, impacting CNG prices.

GreenLine Adds 1,000 LNG Trucks for Decarbonization

October 21, 2024 15:19

GreenLine Mobility Solutions Ltd, a leader in green logistics, will add 1,000 LNG trucks by 2025 to accelerate decarbonization efforts in India.

CNG Price Hike: Supply Cut, Excise Duty Cut May Ease Situation

October 20, 2024 10:55

CNG prices may rise by Rs 4-6 per kg due to reduced domestic gas supply. Government may cut excise duty to ease the situation. Read more.

India's Chemical Industry: Reliance on Imports, Sustainability Focus

October 18, 2024 19:44

Union Minister J P Nadda highlights India's chemical industry's growth potential but emphasizes the need to reduce reliance on imported feedstocks and embrace sustainability. The sector aims to...

Indraprastha Gas, Mahanagar Gas Shares Slump Over 10% on Gas Supply Cut

October 18, 2024 18:06

Indraprastha Gas and Mahanagar Gas shares fell over 10% after the government slashed gas supply, forcing them to rely on expensive imported fuel. The move is expected to impact their profitability.

India's Chemical Industry: Nadda Stresses Need to Cut Reliance on Imported Feedstocks

October 18, 2024 16:32

Union Minister J P Nadda emphasizes the need for India's chemical and petrochemical industry to reduce reliance on imported feedstocks, promoting innovation, sustainability, and self-reliance to...

CNG Price Hike Looms as Gas Supplies Cut

October 17, 2024 20:06

India's government has slashed gas supplies to city gas entities, potentially leading to a CNG price hike. The move is expected to impact CNG vehicle registrations and profitability for companies...

Naresh Nayyar Joins EET Fuels Board: Stanlow Refinery Decarbonisation

October 16, 2024 16:54

Veteran oil executive Naresh Nayyar joins EET Fuels, owner of the UK's Stanlow refinery, to lead decarbonisation efforts and drive low-carbon projects.

India's Energy Demand to Skyrocket: IEA Outlook

October 16, 2024 16:34

India's energy demand will surge by 2035, with car additions exceeding 12,000 daily 'ACs consuming more power than Mexico. Learn about the IEA's projections for India's energy future.

ONGC to Set Up Mini-LNG Plants for Stranded Gas

October 13, 2024 10:22

ONGC plans to set up mini-LNG plants to evacuate natural gas from isolated fields in Andhra Pradesh, Jharkhand and Gujarat, boosting domestic output and reducing reliance on imports.

Essar to Create World's First Decarbonized Refinery in UK

October 8, 2024 18:32

Essar Group aims to transform the UK's Stanlow refinery into the world's first decarbonized green refinery using blue hydrogen, reducing carbon emissions by 95%.

Adani Launches India's Largest Hydrogen Blending Program

October 6, 2024 12:29

Adani Group has begun blending green hydrogen into natural gas supplied to homes in Ahmedabad, aiming to reduce emissions and achieve net-zero goals. This initiative, the largest of its kind in...

US, India Boost Trade Ties: Critical Minerals, Semiconductors Key

October 4, 2024 09:25

US and India strengthened economic ties during the 6th Commercial Dialogue, focusing on critical minerals, semiconductors, and innovation. Both countries signed a new MoU on critical minerals...

US-India Commercial Dialogue: MoU on Critical Minerals, Semiconductor Supply Chains

October 4, 2024 05:02

US and India held the 6th Commercial Dialogue, signing a MoU on critical minerals supply chains and reviewing progress on semiconductors, innovation, and energy. The two countries also discussed...

Nepal & India Sign Agreement for New Pipelines

October 3, 2024 18:35

Nepal Oil Corporation and Indian Oil Corporation signed an agreement to construct two new pipelines, strengthening the energy partnership between the two countries.

BP to Continue Oil & Gas Ventures with Reliance in India

October 2, 2024 12:58

BP's exclusivity with Reliance Industries has ended but the energy giant will continue to pursue oil and gas ventures with the Mukesh Ambani firm in India.

Rupee Closes at 83.82, Falls 3 Paise Against US Dollar

October 1, 2024 20:29

The Indian rupee weakened against the US dollar on Tuesday, closing at 83.82 due to foreign fund outflows and a strengthening US dollar. Weak crude oil prices and a recovery in US dollar weighed on...

Rupee Closes Lower at 83.82 Against US Dollar | India News

October 1, 2024 15:56

The Indian rupee settled 3 paise lower at 83.82 against the US dollar on Tuesday, influenced by weak equity markets, FII outflows, and a strengthening dollar. However, declining crude oil prices...

Reliance Gas Price Hiked to $10.16, CNG Rates Unchanged

September 30, 2024 19:10

India's government raised the price of natural gas produced by Reliance Industries to $10.16 per mmBtu, but CNG and piped cooking gas prices remain unchanged due to a price cap. Learn more about...

India's Key Infrastructure Sectors Contract 1.8% in August

September 30, 2024 17:12

India's core infrastructure sector growth contracted by 1.8% in August due to a decline in coal, crude oil, natural gas, refinery products, cement, and electricity production.

India's Coal Reliance: Experts Say Transition Needs Time

September 30, 2024 10:30

India's reliance on coal for energy will continue for decades, experts say, as the nation focuses on a long-term energy transition. The article discusses the challenges and opportunities of...

BP to Boost India Presence After Board Meeting

September 29, 2024 14:40

BP's board held meetings in India, highlighting the company's commitment to growing its business in the country's fast-growing energy market.

GST on Fuels: Puri Wants Consensus, States Differ

September 27, 2024 23:13

Union Minister Hardeep Singh Puri reiterates support for bringing petrol and diesel under GST, but stresses on unanimous state agreement. Current VAT discrepancies pose a hurdle.

GreenLine & Sterlite Copper Partner for Sustainable Logistics

September 26, 2024 16:41

GreenLine Mobility Solutions partners with Sterlite Copper to deploy LNG-powered trucks, enhancing logistics efficiency and reducing carbon emissions. The collaboration aims to drive sustainable...

IMF Approves $7 Billion Bailout for Pakistan

September 26, 2024 00:47

The IMF has approved a $7 billion bailout package for Pakistan, with the first tranche of $1.1 billion expected this month. The bailout comes as the country faces an economic crisis.

bp Board Meeting in India: Reflects Confidence in Opportunities

September 25, 2024 10:15

bp plc's board meets in India, signaling commitment to growing its business in the country. The meeting highlights India's key role in global energy demand and bp's investments in gas production,...

Josler Energy, IGL, Heath: Safer, Greener Gas Infra

September 23, 2024 17:10

Josler Energy, IGL, and Heath Consultants partner to improve gas infrastructure safety and reduce methane emissions in India. The collaboration will introduce advanced leak detection technologies...

India's Oil 'Gas Bid Round: Reliance-bp, ONGC Lead Bidders

September 23, 2024 16:17

India's largest oil and gas bid round sees Reliance-bp, ONGC, Vedanta and Sun Petrochemicals as top bidders. The round offered 28 blocks across eight sedimentary basins.

Adani Total Gas Shares Surge on USD 375 Million Funding

September 23, 2024 11:02

Adani Total Gas shares jumped over 8% after securing USD 375 million funding for expanding its city gas network. The funding will accelerate the company's expansion plans in 34 geographical areas...

Gas Market Reforms: Panel to End Monopolies

September 22, 2024 12:41

A committee led by former Sebi chief Ajay Tyagi will recommend measures to end monopolies in gas transmission and marketing, promoting competition in India's gas sector.

Adani Total Gas Secures $375 Million for City Gas Expansion

September 20, 2024 20:55

Adani Total Gas Ltd has secured USD 375 million in funding from global lenders to expand its city gas network across 13 states in India, aiming to reach 200 million people.

Sterlite Copper Deploys LNG Vehicles for Net Zero Emissions

September 20, 2024 19:14

Sterlite Copper partners with Green Line Mobility Solutions to deploy LNG vehicles, reducing its carbon footprint and moving towards its net zero emissions goal by 2050.

India to Offer 'No-Go' Areas in 10th Oil & Gas Bidding Round

September 19, 2024 17:24

India is set to offer 'no-go' areas in the 10th round of oil & gas bidding in 2025. The move comes after amendments to the Oilfields (Regulation and Development) Act of 1948 are expected to be...

India, US Strengthen Energy Cooperation at Gastech 2024

September 18, 2024 10:10

India and the US agreed to explore ways to strengthen energy cooperation, including a just and orderly energy transition. The two countries also discussed investment and the role of Indian...

Wholesale Inflation Falls to 4-Month Low in August

September 17, 2024 15:19

India's wholesale inflation eased to 1.31% in August, driven by lower vegetable prices. However, onion and potato prices remain high. Read more about the WPI trends and their impact on the economy.

India, US Push Sustainable Aviation Fuel, Hydrogen in Buses

September 17, 2024 13:13

India and the US have agreed to collaborate on sustainable aviation fuel, hydrogen in buses, and electrification of heavy vehicles. The two nations also discussed carbon capture, utilization, and...

Coal Gasification Tech EoI for Rs 13,000cr CIL-GAIL JV Project

September 16, 2024 18:25

GAIL and Coal India Limited (CIL) have floated an EoI for coal gasification technology for a Rs 13,052 crore SNG plant in West Bengal. The project aims to produce 80,000 NM3/hr of synthetic natural...

ONGC Appoints New Director for New Energy & Petrochem

September 15, 2024 12:47

ONGC appoints Arunangshu Sarkar as Director for strategy and corporate affairs, spearheading new energy, petrochemicals, and corporate strategy as part of a board revamp.

Oil India to Invest Rs 25,000 Crore for Net Zero by 2040

September 14, 2024 19:09

Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects to achieve net zero carbon emissions by 2040, including renewable energy, green hydrogen, and biogas plants.

EIL Eyes More Middle East Orders: Abu Dhabi Office Expansion

September 11, 2024 18:44

Engineers India Ltd (EIL) is expanding its Abu Dhabi office to capitalize on increased orders from the Middle East, particularly in oil and gas projects. The company is also diversifying into new...

Green Hydrogen: PM Modi Urges Action on Climate Change

September 11, 2024 13:26

Prime Minister Modi emphasizes the urgency of addressing climate change and highlights Green Hydrogen as a key solution. India's National Green Hydrogen Mission aims to make the country a global...

Gensol-Matrix to Build India's First Green Hydrogen Valley in Pune

September 11, 2024 10:04

Gensol Engineering and Matrix Gas & Renewables have secured an order to build India's first green hydrogen valley project in Pune, using electrolysis to produce green hydrogen on a Build Own and...

Adnoc to Supply LNG to IOC for 15 Years

September 9, 2024 18:54

Abu Dhabi National Oil Company (Adnoc) will supply one million tonne per annum of liquefied natural gas to Indian Oil Corporation (IOC) for 15 years, marking the third LNG supply deal between the...

Pakistan Discovers Massive Oil & Gas Reserves: Report

September 7, 2024 10:22

Pakistan has discovered significant oil and gas reserves in its territorial waters, potentially transforming the country's economy. The discovery, estimated to be among the world's largest, could...

Gadkari: EV Subsidies No Longer Needed, Consumers Opting for EVs & CNG

September 5, 2024 14:58

Union Minister Nitin Gadkari states that electric vehicle subsidies are no longer required as consumers are choosing EVs and CNG vehicles. He cites falling production costs and lower GST on EVs as...

Pakistan Reviews Power Projects Amid Energy Overcapacity

August 31, 2024 21:06

Pakistan is reviewing hydro and nuclear power projects due to energy overcapacity and high costs, leading to concerns about financial strain and capacity payments to IPPs.

Sugar Stocks Surge: Triveni, Dhampur Rally Over 7% - India News

August 30, 2024 17:23

Sugar stocks soared on Friday after the government allowed the use of sugarcane juice and sugar syrup for ethanol production in 2024-25. Triveni Engineering, Dhampur Sugar, Avadh Sugar, and Dalmia...

India's Infrastructure Growth Slows to 6.1% in July

August 30, 2024 17:00

India's eight core infrastructure sectors saw growth slow to 6.1% in July, driven by a decline in crude oil and natural gas output.

Govt Allows Sugarcane Juice for Ethanol Production in 2024-25

August 29, 2024 20:58

The Indian government has reversed its ban on using sugarcane juice and sugar syrup for ethanol production, allowing it for the 2024-25 ethanol supply year. This decision aims to boost ethanol...

GAIL to Import LNG from 2026, Adds New Ship

August 28, 2024 17:32

GAIL secures new LNG contracts starting in 2026, adding to its fleet and solidifying its position as a key player in India's energy sector.

MRPL Opens Retail Outlet in Bengaluru, Expanding HiQ Auto Fuels Network

August 27, 2024 17:58

Mangaluru Refineries and Petrochemicals Limited (MRPL) has opened a new retail outlet in Bengaluru, expanding its HiQ Auto fuels network and aiming to sell 1 million metric tonnes of fuel through...

VE Commercial Vehicles Partners with Baidyanath LNG for 500 LNG Trucks

August 27, 2024 12:25

VE Commercial Vehicles and Baidyanath LNG have partnered to deploy 500 LNG trucks in India, promoting green trucking routes and scaling up the LNG Corridor. The initiative includes a new LNG...

ONGC Boosts Oil Production with New Well in KG Field

August 25, 2024 13:09

ONGC opens a new well in the KG-D5 block, increasing oil and natural gas production, aiming to reach peak output by 2025.

IOC, BPCL, GAIL Fined Again for Board Listing Norms

August 25, 2024 12:28

India's top oil companies, including IOC, BPCL, and GAIL, have been fined for the fifth consecutive quarter for failing to meet board listing norms regarding independent and women directors.

GAIL, Petron to Explore Bio-Ethylene Plant in India

August 22, 2024 16:11

GAIL and Petron sign an MoU to jointly explore a 500 kilo tonnes per annum bio-ethylene plant in India, aiming to enhance sustainability and advance the bio-economy.

Indian Cos Capex: USD 45-50 Billion Over 2 Years, RIL Leads - Moody's

August 20, 2024 16:37

Moody's forecasts Indian companies to spend USD 45-50 billion annually on capex over the next 1-2 years, led by Reliance Industries. The report highlights the oil and gas sector's significant role...

ONGC Videsh Secures Vietnam Oil Block Extension

August 19, 2024 14:55

ONGC Videsh Ltd secures a 16-year contract extension for oil and gas production in Vietnam's Block 06.1, and a 3-year extension for exploration in Block 128.

Swan Energy Sells FSRU to Turkey's Botas for USD 399 Million

August 15, 2024 13:04

Swan Energy will sell its stake in a floating LNG receipt terminal to Turkey's Botas for USD 399 million. The deal is expected to close in six months.

HPCL Head Appointment: Govt. Uses Search-cum-Selection Committee

August 14, 2024 15:49

The Indian government is using a search-cum-selection committee to appoint the new head of Hindustan Petroleum Corporation Ltd (HPCL) after the PESB rejected all candidates. This follows a similar...

ONGC Gets 20% Premium for Gas from New Wells: Govt Approval

August 12, 2024 16:55

The Indian government has approved a 20% premium for natural gas produced from new wells by ONGC, boosting the company's investment capacity and gas production.

GAIL Chairman Sandeep Gupta: IOC Chairman Wildcard? - News

August 11, 2024 20:04

Sandeep Gupta, GAIL chairman, is a wildcard candidate for the Indian Oil Corporation chairman position. The search-cum-selection panel is interviewing candidates for the role, with Gupta being...

SPIC Reports Q1 PAT at Rs 62.55 cr - Southern Petrochemicals Industries

August 9, 2024 20:46

Southern Petrochemical Industries Corporation (SPIC) Ltd has reported a consolidated net profit of Rs 62.55 crore for the April-June 2024 quarter, a growth from the previous year. Read more.

GAIL, Rajasthan Govt to Set Up 1 GW Solar Projects

August 8, 2024 20:14

GAIL (India) Ltd and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have signed a pact to explore setting up 1 GW solar and wind projects and jointly operating gas-based power plants in...

PMO Appoints Amit Singh Negi as Additional Secretary

August 7, 2024 11:51

Amit Singh Negi appointed additional secretary in PMO, Samir Ashwin Vakil as SFIO director, and other key appointments in Indian government.

ONGC Q1 Profit Drops 15% on Higher Costs

August 5, 2024 20:38

ONGC's net profit fell 15% in Q1 FY25 due to increased exploration write-offs. Revenue rose, but profit declined sequentially. Read more.

Reliance Climbs on Fortune Global 500: Jumps to No. 86

August 5, 2024 19:48

Reliance Industries Ltd, India's highest-ranked company on the Fortune Global 500 list, jumped two places to No. 86. Read about other Indian firms on the list.

CIL & GAIL JV for Coal-to-Synthetic Natural Gas Project in West Bengal

August 5, 2024 16:30

Coal India Ltd (CIL) and GAIL (India) Ltd have formed a joint venture to set up a coal-to-synthetic natural gas project in West Bengal. The project aims to utilize coal gasification for sustainable...

India Monetizes Assets Worth Rs 3.86 Lakh Cr in 3 Years: Coal Sector Leads

August 5, 2024 14:46

The Indian government has monetized assets worth Rs 3.86 lakh crore in the past three years, with the coal sector contributing the most. Learn more about the sector-wise details.

India Aims for Top Shipbuilding Nations by 2047

August 5, 2024 14:43

India's Ministry of Ports, Shipping and Waterways is developing a new shipbuilding scheme to incentivize Indian shipyards till 2035, aiming for a top 10 ranking by 2030 and top 5 by 2047.

Fuel Retailers See Profit Slump After Record Earnings

August 4, 2024 11:11

Indian Oil, BPCL and HPCL reported significant profit declines in Q1 2024-25 due to falling margins and LPG under-recovery. This follows record profits in FY24.

Infrastructure Sector Growth Slows to 4% in June

July 31, 2024 17:13

India's eight core infrastructure sectors saw growth slow to 4% in June 2024, driven by declines in crude oil and refinery product output. Learn more about the impact on industrial production.

EU Carbon Tax Won't Help Indian Firms: GTRI

July 31, 2024 11:38

GTRI says EU's carbon tax will not benefit Indian companies as they will still face duty for exports. It suggests India implement its own tax or use a retaliatory mechanism.

GAIL Q1 Profit Soars 77% on Gas Marketing Gains

July 30, 2024 18:47

GAIL (India) Ltd reported a 77.5% jump in Q1 net profit, driven by doubled earnings from gas marketing. Natural gas transmission earnings also rose significantly.

Ethanol-Diesel Blending: No Mandate, Govt Focuses on Petrol Blending

July 29, 2024 15:32

India's government has ruled out mandating ethanol blending with diesel due to concerns over fuel tank deposits and other implications, but is focused on increasing petrol blending up to 20% by 2025.

Adani Total Gas Q1 Profit Up 20% on CNG Sales

July 29, 2024 15:22

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Petroleum Pipeline Tariff Hike: Boost for IOC, Reliance

July 26, 2024 17:13

India's oil regulator raises pipeline tariffs for petroleum products like petrol and diesel, benefiting companies like IOC and Reliance. Learn about the new tariff structure and its impact.

Petronet LNG Q1 Profit Soars 40% on Higher Gas Volumes

July 24, 2024 14:32

Petronet LNG Ltd, India's largest LNG importer, reported a 40% jump in its Q1 net profit driven by increased gas volumes. Revenue also rose 15%.

Govt Scraps Rs 30,000 Cr Oil Co Support After Bumper Profits

July 23, 2024 16:40

India's government has scrapped a Rs 30,000 crore equity infusion planned for state-owned oil companies after they recorded record profits in FY24.

Coal to Remain Key Energy Source for India for Next 2 Decades: Economic Survey

July 22, 2024 13:36

India's Economic Survey highlights coal's continued importance in energy for the next two decades, while emphasizing the need for cleaner technologies and mineral imports.

ONGC Acquires Equinor Stake in Azerbaijan Oilfields

July 20, 2024 14:19

ONGC Videsh Ltd (OVL) has acquired a stake in Azerbaijan's Azeri Chirag Gunashli (ACG) oilfield and the Baku Tbilisi Ceyhan (BTC) pipeline from Equinor for USD 60 million. This acquisition raises...

Wholesale Inflation Rises to 3.36% in June

July 15, 2024 12:29

India's wholesale inflation rose for the fourth straight month in June, reaching 3.36% due to increased prices of food articles, especially vegetables and manufactured items.

Former GAIL Chairman CR Prasad Dies at 83

July 14, 2024 11:03

CR Prasad, former chairman and managing director of GAIL (India) Ltd, passed away at the age of 83. He was instrumental in transforming GAIL into a strategically positioned company and played a key...

Company Name
Price
Volume

Vodafone Idea L
6.81 ( -1.73)
117225274

Srestha Finvest
0.48 ( -4.00)
23917778

G G Engineering
0.81 ( -2.41)
23181029

Shangar Decor
1.11 (+ 4.72)
20087292

Guj. Toolroom Lt
1.40 ( -4.76)
17858668

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Search result for 'natural gas'

India's Infrastructure Growth Slows to 2.9% in February

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