Mmbtu

There may be some upside to the company's margins with the gas price hike implementation, said Aloke Kumar Banerjee of ONGC. He added that the impact would also be felt on the overall investment scenario in the oil and gas sector.

Crude oil futures may go up: Karvy Commodities

Karvy Commodities Broking has come out with its report on crude oil and natural gas. According to the research firm, Crude oil future is expected to continue its bull run in today‘s session on expectation of positive economic releases from major oil consuming nation US.

IGL, GAIL, GSPL crash on fears of tariff revision

The Petroleum and Natural Gas Regulatory Board (PNGRB) directive to Indraprastha Gas to refund excess tariff sent the company stock into a tailspin. The Indraprastha Gas (IGL) stock shed 39% to Rs 220 at 9.20 hours.

All you want to know about city gas distribution projects

ICRA Ratings has come out with its sector note on city gas distribution (CGD) projects. The rating agency believes the recent bids for CGD projects have been aggressive, and could expose the bidders to serious competition once the bidding exclusivity period is over; besides meeting the quoted operations-related targets would be a challenge.