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CGD COMPANIES
Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal SenGeopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disrupti...- US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
- Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22Adani Total Gas has appointed Sanjay Pandita as its new CEO, effective May 22, 2026. With 25 years of experience in the energy sector, Pand...
- Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...
- IGL Q4 Results: Cons PAT falls 25% YoY to Rs 341 crore, revenue up 6%Indraprastha Gas Limited (IGL) reported a Q4FY26 net profit fall of 25% YoY to Rs 341 crore, driven by an 8% growth in expenses. Despite th...
- Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
- LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
- 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...
- Iran war forces city gas firms to redraw strategies amid gas supply squeeze, shift focus to PNG expansionCity gas companies are shifting focus to domestic gas and accelerating pipeline construction due to supply disruptions from the Iran war. T...
- Government pushes faster PNG rollout amid Gulf crisisIndia is pushing for more piped gas connections. Oil Secretary Neeraj Mittal has asked city gas companies to speed up adding household conn...
- CGD stocks slump up to 31% in a year. Can LPG crisis fuel fresh interest in IGL, GAIL, and others?City gas distribution stocks have fallen up to 31% amid an LPG crisis, with the government pushing PNG connections. Despite technical weakn...
- Lower APM gas allocation to raise cost of city gas cos by Rs 2-3/kg: CrisilCity gas distribution companies are set to face a rise in gas procurement costs by Rs 2-3 per kg due to a 20% reduction in APM gas allocati...
- Golden opportunity for gas companies in IndiaCNG and PNG have an important role to play in India's journey towards 1 billion tonnes of cumulative emission reduction by 2030. While the ...
- No gas for new city distributors to startNew city gas distribution (CGD) companies, specifically the ones who won bidding rounds-IX, X and XI, include Adani Total Gas, Torrent Gas,...
- Derating cycle may end for gas distributorsUnder the new policy, third party open access has been allowed for new CNG stations after the date of notification while the existing facil...
- Any gas policy changes to push up prices, hit city distributorsIGL and MGL volumes are expected to grow by 12.8 per cent and 9.6 per cent in FY19.
- Government orders CNG retailers to provide cost-break upCNG sold to automobiles and natural gas piped to household kitchens will be the first fuel where consumer will get invoices providing break...
- Gail to flow natural gas under revised policy to CGDs soonGail is expected to start flowing natural gas to CGD companies according to ministry's revised allocation policy in next couple of days.
- Petroleum and Natural Gas Regulatory Board seeks single window clearance for city gas distributionThe Petroleum and Natural Gas Regulatory Board has written the chief secretaries to smoothen the process for the city gas distribution comp...
- RIL, R-ADAG keen to take on city gas supply leadersThe Ambani brothers have joined hands - to promote competition in city gas distribution (CGD) projects in the country.
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