Oct 05, 2021 02:39 PM IST
The price for gas from fields that were assigned by the state to oil companies, mainly Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), increased to USD 2.90 per million British thermal units (mmBtu) for October 2021-March 2022, from USD 1.79 per mmBtu in the previous six months.
- Sep 27, 2021 10:11 AM IST
Extreme cold weather last winter thinned natural gas stocks in the West and inventories have failed to be rebuilt in time, resulting in record prices near $26 per million British thermal units (mmBtu).
- Sep 20, 2021 10:48 AM IST
The US and Europe are expected to have a severe winter in 2022 and this is likely to result in increased gas consumption
- Sep 03, 2021 12:44 PM IST
In 2021, LPG prices in India have climbed 49 percent, which is less than the 62 percent gain in international benchmark prices. Prices in Delhi are lower than in neighbouring Nepal and Pakistan but higher than Sri Lanka and Bangladesh.
- Aug 09, 2021 11:29 AM IST
Any upside for Gujarat Gas from here is likely to be limited, investors have to wait for a better entry point
- Aug 06, 2021 11:18 AM IST
GAIL has a scope of accelerated growth beyond FY23 as projects in the pipeline get commissioned.
- Jul 30, 2021 10:47 AM IST
Mahanagar Gas' CNG volumes are expected to return to the pre-pandemic levels in the second quarter this fiscal
- Mar 14, 2021 11:23 AM IST
While Oil and Natural Gas Corporation (ONGC) maintained production levels, output by other operators has dropped, leading to an overall fall in India''s output and a sharp rise in import dependency.
- Dec 18, 2020 08:33 AM IST
The $60 billion spend envisages creating gas infrastructure till 2024, including for pipelines, LNG terminals and city gas distribution networks
- Jul 16, 2020 09:35 AM IST
Till date, only 11 percent of the country, which accounts for 19 percent of the population, is covered by gas infrastructure
- Jun 22, 2020 09:39 AM IST
A rapid recovery in performance once the situation turns normal and expansion into new locations will be positive in the longer run
- Jun 04, 2020 11:43 AM IST
- May 20, 2020 07:21 AM IST
The announcement followed a Greenpeace report Tuesday that documents how the three tech giants are using AI and computing power to help oil companies find and access oil and gas deposits in the U.S. and around the world.
- Apr 09, 2020 09:57 AM IST
- Mar 31, 2020 03:20 PM IST
Oil The fifth bid round under Open Acreage Licensing Policy (OALP) opened in January and was to initially close on March 18. However, the bid date was earlier this month extended to April 16. Now it has been further extended.
- Feb 24, 2020 01:24 PM IST
Gas pipelines are planned to take the fuel to the east and northeast regions as well as to consumers in the south as part of the government push to raise the share of natural gas in India's energy basket to 15 per cent by 2030 from the current 6.2 per cent, he said.
- Feb 13, 2020 10:36 AM IST
- Jan 22, 2020 02:47 PM IST
The gas pipelines are planned to take the fuel to the east and northeast regions as well as to consumers in the south as part of the government push to raise the share of natural gas in India's energy basket to 15 per cent by 2030 from the current 6.2 per cent, he said.
- Jan 21, 2020 03:21 PM IST
With gas pipelines yet to reach most parts of eastern India, GAIL has hired specialised cryogenic bullet trucks to transport imported liquefied natural gas from Dahej in Gujarat to Bhubaneshwar, where it is used as CNG to fuel automobiles and piped gas as cooking fuel in kitchens, company Chairman and Managing Director Ashutosh Karnatak said.
- Jan 21, 2020 08:30 AM IST
Against the backdrop of uncertainty over oil prices and the global economy, less than half of respondents to DNV GL's survey expect more large, capital-intensive projects to be approved this year, down from about two thirds last year.
- Jan 09, 2020 09:50 AM IST
From May 1, 2020, foreign firms registered in China with net assets no lower than 300 million yuan ($43 million) will be allowed to take part in oil and gas exploration and production, the Ministry of Natural Resources said at a media conference.
- Jan 08, 2020 10:30 AM IST
Russia's leader will seek to boost his credentials as a regional powerbroker at the symbolic opening of the TurkStream pipeline, which brings Russian gas to Turkey and southern Europe via the Black Sea.
- Nov 25, 2019 12:19 PM IST
The coal ministry has directed the consultancy arm of Coal India (CIL) to be actively involved in coal bed methane (CBM) development in state-run firm's leasehold areas, the official said.
- Nov 20, 2019 08:41 AM IST
- Nov 11, 2019 04:55 PM IST
Oil Minister Dharmendra Pradhan, who is on a two-day visit to the United Arab Emirates, showcased investment opportunities, promising political and fiscal stability, predictable policies and a huge diverse market.