Jul 26, 2022 11:34 AM ISTInflationary pressures and the lack of gas in their storage tanks ahead of winter left little choice but to relax sanctions in the hope of bringing Russia to the negotiating table
Jul 24, 2022 12:45 PM IST After remaining a loss-making provision for several quarters, Reliance's gas exploration business has begun reaping rewards of a global surge in energy prices that have already pushed the rates to a record high.
Jul 22, 2022 11:00 PM IST The German government also expanded the credit it granted the company to 9 billion euros and offered up to 7.7 billion euros in equity, for a total package worth the equivalent of $17 billion.
Jul 20, 2022 11:49 AM IST Europe fears Moscow could keep the gas pipeline shut till sanctions are eased on Russia.
Jul 06, 2022 07:13 AM IST It sounds like a story for the local press, at most — except that more than three weeks later, financial and political shockwaves are still reverberating across Europe, Asia and beyond.
Jun 24, 2022 02:42 PM IST The second half will be about how consumers, businesses and governments cope with the shockwaves to commodity flows. Either the global economy can withstand the sky-high prices needed to maintain tight supplies -- especially for energy -- or soaring prices will be cured by recessions.
Jun 24, 2022 09:28 AM IST Europe starts filling up its storage tanks with gas from the middle of the year to sustain itself in winter. Russia’s cut has impacted the incremental flow which was meant for storage.
Jun 23, 2022 05:06 PM IST With energy suppliers piling up losses by being forced to cover volumes at high prices, there risks a spillover effect for local utilities and their customers, including consumers and businesses, Economy Minister Robert Habeck said Thursday after raising the country’s gas risk level to the second-highest “alarm” phase.
Jun 22, 2022 06:10 PM IST The largest gas marketing and transportation company in the country, GAIL (India) Ltd, announced on Wednesday that it intends to start a distributed liquefied natural gas (LNG) production to deliver the fuel to consumers.
Jun 17, 2022 03:24 PM IST A statement released by the Centre read: “Cumulative crude oil production during April-May 2022 was 5019.72 TMT, which is 2.86 percent and 1.79 percent higher than the target for the period and production during the corresponding period of last year, respectively."
Jun 14, 2022 10:12 AM IST Fourth-quarter performance was better than September’s as international gas prices eased from $50/MMBtu to $20-25/MMBtu. However, the shortage of APM gas continued in the quarter
May 31, 2022 10:35 AM IST GAIL will commission 10 MW Hydrogen plant in the next 18 months, significantly increasing the capacity by FY30
May 08, 2022 08:10 PM IST The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current $9.92 per million British thermal units, Sanjay Roy, senior vice-president for exploration and production, said in an investor call following the announcement of its quarterly earnings on Friday.
Apr 29, 2022 11:18 AM IST Russia has cut off gas supplies to Poland and Bulgaria after the countries refused to pay for their supplies in roubles.
Apr 27, 2022 09:53 AM IST India was encouraging an expensive expansion of fuel networks in its cities with make-believe prices. Then the war happened
Apr 17, 2022 10:36 AM IST Besides the shortfall in the allocation, the prices of APM gas for CNG and PNG have been revised from USD 2.90 per million British thermal unit to USD 6.10, an increase of 110 per cent.
Apr 08, 2022 12:54 PM IST Commodity bulls are charging the way ahead. Natural gas has surged to fresh 13-year highs on April 7. The demand is expected to increase despite high prices. Manisha Gupta and Karunya Rao decode the bull run in commodities
Apr 07, 2022 07:50 AM IST This is the eighth such hike in CNG prices after five consecutive increases in March this year and the last hike on April 4. Check prices here
Apr 04, 2022 09:38 AM IST This is the seventh such hike in CNG prices after five consecutive increases in March this year and the last hike on April 1. Check prices here
Apr 01, 2022 09:43 AM IST Gas producers such as Oil & Natural Gas Corporation, Oil India and Reliance Industries will be the key beneficiaries of the hike in natural gas prices
Apr 01, 2022 06:13 AM IST Putin's decree on Thursday leaves Europe facing the prospect of losing more than a third of its gas supply
Mar 30, 2022 10:11 AM IST Even if the 2030 target is achieved, which is a tall order, the US will be able to replace only 30 percent of Russia’s supply.
Mar 28, 2022 11:01 AM IST In the latest revision in September 2021, the government had raised natural gas prices by 60 percent to $2.9 per mmBtu for the October-March period.
Mar 22, 2022 03:21 PM IST Crude oil production failed to meet target while also lower in terms of year-on-year (YoY) data for the period; while natural gas production was higher in YoY terms, but still lower than the monthly target
Feb 23, 2022 06:14 PM IST Moody’s Investors Service Managing Director Michael Taylor said trade effects are likely to arise from import diversion and diversification, although there may be opportunities for commodities producers in Central Asia to increase supply to China.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
