Natgas demand to rise 8% annually for next 5 yearsA PNGRB study forecasts India's natural gas consumption to surge by 8% annually, reaching 297 mmscmd in five years. City gas distributors a...
11 Apr, 2025, 12.14 AM IST
Poll dampener: India's GDP growth slows to 15-month low of 6.7% in June quarterIndia's growth rate dropped to a five-quarter low of 6.7% in the April-June period. This slowdown was influenced by a decrease in agricultu...
31 Aug, 2024, 06.00 AM IST
July natural gas consumption up, output dipsIndia's natural gas consumption increased 5.8% YoY in July, while production fell 1.4%. Gas imports increased 14.8%, while NGC's natural ga...
19 Aug, 2024, 11.58 PM IST
Need to unbundle natural gas marketing and transportation, says Indian Gas Exchange CEOIndian Gas Exchange (IGX) CEO Rajesh Kumar Mediratta advocated for an independent system operator to ensure fair access to natural gas pipe...
03 Jul, 2024, 11.35 PM IST
PM GatiShakti reduces DPR preparation timeThe platform has led to a sharp reduction in time taken by the road transport and highways ministry to prepare the detailed project report ...
01 Nov, 2023, 12.27 AM IST
US natgas prices rise by 2% amid LNG feedgas export and cooler weatherUS natural gas futures rose 2% due to increased gas flow to LNG export plants and forecasts of cooler weather. However, the weather is expe...
18 Oct, 2023, 08.28 PM IST
US natgas prices edge up to fresh 8-month high on rising exportsFront-month gas futures for November delivery on the New York Mercantile Exchange rose 2.7 cents, or 0.8%, to $3.403 per million British th...
10 Oct, 2023, 07.42 PM IST
Natgas price fixed at $6.5 per mmBtu for rest of AprilThe new rate follows the Cabinet approval on Thursday of a new pricing mechanism for gas produced by ONGC and Oil India from their so-calle...
08 Apr, 2023, 12.38 AM IST
Vedanta seeks bids for Rajasthan NatgasThe floor price for the auction has been set at one dollar above the domestic formula gas price of $8.57 per mmBtu. The sales price will be...
10 Mar, 2023, 12.39 AM IST
Natural gas consumption recovers in October as global prices declineNatural gas consumption fell 2.7% year-on-year in October but rose month-on-month, oil ministry data showed. Gas consumption was 5,238 mill...
15 Nov, 2022, 06.30 AM IST
Niti Aayog for end to price curbs on local natgasThe Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambi...
15 Mar, 2022, 12.53 AM IST
JSW steel plans to invest $500 million to buy, upgrade US firm AceroThe proposed investment would be made in two phases and would increase the company's overall investment blueprint for the US market, JSW St...
22 Jun, 2018, 11.28 PM IST
Government weighs doubling capacity of LNG import terminalPlans to set up new terminals and expand existing facilities will push up LNG terminal capacity to 47.5 mmtpa by 2022 from the current 21.3...
07 Jun, 2016, 02.45 AM IST
- Essar in talks to set up 3 L bpd refinery in Egypt
The Egyptian government had recently announced that the Shashi Ruia-led Essar Group plans to set up an oil refinery in north Egypt.
24 Oct, 2010, 02.51 PM IST
- Natgas derivatives gains 0.5% on MCX
After rising by close to 14% last week, natural gas derivatives on local commodity bourse MCX was trading almost 0.5% higher on Monday.
15 Sep, 2009, 01.57 AM IST
- GAIL India plans to pick stakes in projects abroad
After losing its near monopoly in the domestic gas pipeline business after the new pipeline policy was announced, Gail India is seeking par...
14 Nov, 2007, 06.24 AM IST
- Reliance may invest $10 bn in Egyptian oil sector
Reliance Industries is planning to invest about $10 billion in Egypt's oil, petrochemicals and plastics industries, a company spokesman has...
25 Aug, 2007, 01.51 PM IST