Upstream oil and gas producers to shine in Q4, but OMCs and gas distributors face profit squeezeOil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms f...
GAIL India to borrow Rs 5,000-6,000 crore in financial year 2027India's largest gas distributor GAIL plans significant borrowing for expansion in fiscal 2027. The company is also securing spot LNG cargoe...
HPCL and IGX sign an MoU to increase access at Chhara LNG terminalHindustan Petroleum Corporation Limited and Indian Gas Exchange have signed an agreement. This partnership will create a digital platform f...
HPCL to buy $3 billion worth of LNG from UAE’s ADNOC Gas under 10-year pactHindustan Petroleum Corporation Ltd has just announced an impressive USD 3 billion agreement with Abu Dhabi National Oil Company Gas, marki...
Gujarat State Petronet commissions Chhara gas pipelineGujarat State Petronet Ltd has commissioned a natural gas pipeline connecting the Chhara LNG terminal with the gas grid. The 18 million sta...
India's HPCL to start LNG terminal around year-end, seeks term supply, sources sayHPCL is seeking an LNG cargo to commission its new 5 million tpy import terminal by December or January and is in talks with several compan...
HPCL scouts for LNG deals, hopes to start LNG terminal by DecemberIndia's Hindustan Petroleum Corp Ltd (HPCL) seeks LNG import deals as it plans to start its 5 million tpy LNG terminal in western India by ...
HPCL to commission Chhara LNG terminal in 2-3 months; gets 6-7 offers to hire capacityHPCL, the oil refining and fuel marketing company, has been a late entrant into the gas business. It built the facility at Chhara in Gir-So...
India's HPCL to operate Vizag refinery at expanded capacity from end-JuneJoshi said HPCL's residue upgradation project at Vizag refinery will improve its distillate yield and will be ready by the end of this year...
HPCL to take 8 per cent stake in Petronet's Gangaravam LNG terminalThe official said gas utility GAIL has evinced interest in booking half of the 5 million tonnes a year import capacity of the proposed term...
HPCL to buy 11-15 per cent stake in Petronet's east coast terminalState-owned Hindustan Petroleum Corp Ltd is likely to buy 11-15 per cent stake in Petronet LNG Ltd's Rs 5,000 crore LNG import terminal on ...
HPCL to partner Shapoorji Pallonji Group for LNG terminalState-owned firm and SP Ports Pvt Ltd, a unit of Shapoorji Pallonji Group, plan to set up the liquefied natural gas (LNG) import terminal a...
- HPCL to partner Shapoorji Pallonji Group for LNG terminal
HPCL and Mumbai-based Shapoorji Pallonji plan to set up a terminal for import of liquid gas (LNG) on Gujarat coast at a cost of Rs 5,000 cr...
- GSPL-led consortium to raise Rs 8,500 crore for gas transmission projects
Partners have also started exploring possibilities to import LNG to transmit through pipelines with capacity to transport 95 mmscmd of gas.
- Petronet LNG is a good pick: Rajesh Jain
Petronet LNG is looking to more than double the gas handling capacity.
- HPCL steps back on Shell stake buy
HPCL, which was in race to acquire a substantial stake in Royal Dutch Shell’s LNG terminal at Hazira, has now backed out.
- GSPC in talks for import of LNG
Both Shell's and Petronet's terminals are connected to GSPC's gas grid in Gujarat.