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Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...- Why are gas prices down today, and will Waha Hub rates rise or decline in near future? US natgas futures, Henry Hub futures, European TTF futures and Japan-Korea MarkerWhy are gas prices down today, and will Waha Hub rates rise or decline in near future? US natural gas futures dropped after weaker demand f...
- Consumption of natural gas rises 7.1% YoY in JuneConsumption of refined products increased 2.6% in June to 20 million metric tonnes (MMT). For the April-June period, the growth was 3.4%, l...
- Domestic natural gas consumption surges owing to favorable international pricesHigher prices hurt India’s LNG imports and overall gas consumption last fiscal year. Demand recovered this fiscal year as prices normalized...
- More bang for Starbucks, IndiaStarbucks is a case study of how to unanchor prices and maintain exceptional customer connect. Brand loyalty in India on a par with what St...
- Domestic natural gas consumption up 6% in NovemberNovember witnessed a 6% surge in domestic natural gas consumption compared to the previous year, driven by enhanced supply from local field...
- RIL-BP set to get top dollar at KG gas saleThe consortium has offered to sell 4 million metric standard cubic meters a day (mmscmd) of natural gas in an e-auction slated for November...
- Natural gas consumption rises 7 per cent in first halfGas consumption rose 5% in 2019-20 before falling by a similar percentage point the subsequent year as the pandemic curtailed demand. It ex...
- India's oil & gas import bill contracts 33% y-o-y in April-June quarter as prices dropCrude oil worth $31.4 billion was imported during the April-June period, lower than $48.1 billion in the same period last year. The volume ...
- IndianOil top bidder for Reliance's KG gas for 2nd auction in a rowIOC has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of...
- RIL to begin gas production from MJ field this quarterRIL is expected to commission the MJ field in eastern offshore Krishna Godavari D6 block this quarter. The field is the third and final set...
- Domestic natural gas consumption falls 5.9% in March from a year earlierThe gas consumption fell to 5.12 billion cubic meters (bcm) in March, according to the oil ministry data. India’s import of liquefied natur...
- Domestic natural gas consumption up 6.7% YoY in FebruaryBoth gas consumption and imports have risen for the second straight month in February in a sign that normalcy was returning to the Indian g...
- Reliance re-launches auction for natural gas sale in line with new govt rulesGas produced from wells drilled below seabed is used to produce electricity, make fertiliser or turned into CNG for powering automobiles or...
- Russia-Ukraine conflict: Surge in LNG prices deals blow to power units & refineriesThe price of LNG in the spot market jumped from $6 per million metric British thermal unit (mmbtu) in January 2021 to $35 this January, and...
- Reliance Industries, BP seek bids for gas from their KG D6 blockThe lowest bid that can be placed is JKM minus $0.3 per mmBtu. The highest acceptable bid would be JKM plus $2.01 per mmBtu.
- Reliance prices coal gas from Madhya Pradesh at minimum USD 6Reliance sought bids for 0.82 million standard cubic meters per day of gas from the Sohagpur coal-bed methane (CBM) block, according to a n...
- ONGC earnings likely to get a 22-25% boostThe revenue from gas sales accounted for 16-24% of the company’s total revenue in the past ten years. A higher gas realisation therefore au...
- India mulls gas price floor pegged to Asia LNG to help ONGCPrice of natural gas produced from domestic fields that were handed over to ONGC and Oil India Ltd. have fallen to the lowest in a decade a...
- $2.6 trillion wiped out as Asia braces for more: Taking stockThe MSCI Asia Pacific Index is down 0.2 per cent following losses in New York overnight.
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