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NATURAL GAS DEMAND INDIA
Adani CNG price crosses Rs 100 per kg mark in Ahmedabad for first timeAdani CNG prices in Ahmedabad have crossed Rs 100 per kg for the first time in history. This price hike has increased rates from Rs 98.47 t...
ONGC Q2 profit jumps 57% to Rs 15,489 crore on higher oil prices, rupee depreciationONGC has reported a significant 57% increase in quarterly profit, reaching Rs 15,489 crore. The profit surge is attributed to higher oil an...
India's natural gas demand to decline 2% in 2026 despite 10% rise in LNG imports: IEAThe trend highlights the challenges facing India's gas market as disruptions to global LNG supplies through the Strait of Hormuz and elevat...
Renewable energy could save India $240 billion in coal, gas imports by 2030: IEAThe savings are expected to increase as solar and wind power displace imported fossil fuels, with annual savings projected to reach around ...
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...
India's natural diamond industry eyes revenue stabilisation at $15 billion, not recoveryAn analysis indicates India's natural diamond industry's revenues are projected to stabilize rather than rebound. Domestic demand is expect...
Indians refuse to cash in on gold in their lockers hoping for a better priceIndia’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak mon...
Petronet LNG faces arbitration as vessel owners seek Rs 625 crore in duesThree owners of LNG vessels are pursuing arbitration against Petronet LNG for Rs 625 crore in unpaid dues. The vessels have been largely id...
Why traders are moving away from equity F&O to commodities? Nithin Kamath explainsCommodity derivatives traders in India surged nearly 62% to 21 lakh in FY26, while equity F&O participants fell 20% to 85 lakh. Zerodha's N...
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and t...
US pushes to restore Russian gas sales to Europe via Ukraine, WSJ reportsThe U.S. is pushing for a quick restart of Russian natural gas supplies to Europe through pipelines that go through Ukraine. This move is p...
IGL partners with Delhi Division of Railways for commercial PNG supplyIndraprastha Gas Limited has signed a Memorandum of Understanding with Northern Railway for gas supply. The agreement covers the supply of ...
Railways will replace 500 kg of LPG & 2,500 litres of diesel daily with PNG at 22 sites under IGL deal; Delhi, New Delhi and Anand Vihar among stations coveredIndraprastha Gas Ltd (IGL) has partnered with Northern Railway's Delhi Division to replace LPG and diesel with piped natural gas (PNG) at 2...
Indian-American-led firm gets US nod for $8.2 billion LNG port off Texas coastST LNG has received approval to build a deepwater liquefied natural gas port off Matagorda, Texas, costing USD 8.2 billion. Construction is...
GAIL Q2 profit surges over two fold YoY to 4,650 cr despite global disruptionsGAIL (India) has reported a remarkable increase in net profit, reaching ₹4,650 crore for the September quarter, more than double from the p...
SC appoints ex-judge Ranjana Desai as mediator in Reliance gas disputeThe Supreme Court appointed Ranjana Prakash Desai as the mediator to resolve a gas migration dispute. Reliance Industries and its partners ...
SC hears Reliance's appeals in $1.73 billion ONGC gas disputeReliance Industries is currently appealing a decision made by the Delhi High Court regarding an arbitration award. The High Court had ruled...
Mizoram to get piped cooking gas by 2028, ₹491 crore pipeline underwayMizoram is set to receive piped natural gas connections for cooking by early 2028. Indradhanush Gas Grid Limited is constructing a 119.45-k...
Oil India discovers natural gas in Krishna Godavari BasinOil India Ltd has discovered natural gas in the previously unexplored Matsyapuri formation in the Krishna-Godavari Basin. The company said ...
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gapIndia has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now impo...