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natural gas

Natural gas price slashed to $7.82 per mmBtu for January

Natural gas price slashed to $7.82 per mmBtu for January

Tue, Jan 02, 2024

Natural Gas prices decreased, the government reduced the price from $8.47 mmbtu to $7.82 mmbtu. How much did the prices of natural gas decrease in 6 months? Who will benefit from cheaper natural gas? Know complete details in this video.....

Commodity Live: Sharp fall in crude, stormy rise in natural gas

Commodity Live: Sharp fall in crude, stormy rise in natural gas

Wed, Nov 01, 2023

Crude Oil: There has been huge ups and downs in the energy market, there has been a sharp decline in crude, while there has been a huge rise in natural gas, there has been a rise of 22% in natural gas in October.

Infrastructure growth slows down to 4.8pc in Oct; fertiliser, crude oil decline

Infrastructure growth slows down to 4.8pc in Oct; fertiliser, crude oil decline

Sat, Dec 01, 2018

Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 per cent in October 2017.Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 per cent in October 2017.

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India does a first, starts importing LNG from US, follows post ban deal on oil

India does a first, starts importing LNG from US, follows post ban deal on oil

Tue, Mar 06, 2018

After crude oil, India today began importing natural gas from the US, with the first shipment of LNG under a 20-year deal being flagged off from Louisiana. State-owned gas utility GAIL India has contracted 3.5 million tonnes per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine P

Oil & gas industry seeks infra status, lower taxes in Budget

Oil & gas industry seeks infra status, lower taxes in Budget

Thu, Jan 25, 2018

The oil and gas industry has sought infrastructure status for the exploration and production sector as also lowering of taxes on locally produced oil to boost domestic output and cut import dependence.

India sees scope for more integration among state energy companies

India sees scope for more integration among state energy companies

Tue, Jan 23, 2018

ONGC`s purchase of a majority stake in HPCL is expected to close by the end of this month and Pradhan said there was a possibility to combine HPCL with ONGC`s petrochemical projects and its refining arm Mangalore Refinery and Petrochemicals Ltd.

Eight core sectors grow 6.8% in November: Commerce Ministry

Eight core sectors grow 6.8% in November: Commerce Ministry

Mon, Jan 01, 2018

The data said the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

Mon, Dec 25, 2017

The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".

Eight core industries IIP rises 2.4% in July

Eight core industries IIP rises 2.4% in July

Thu, Aug 31, 2017

The IIP output of the eight core industries grew by 2.4% in July led by steel which posted the maxium growth of 9.2% during the month.

Govt slaps Rs 1700 crore penalty on Reliance Industries, BP

Govt slaps Rs 1700 crore penalty on Reliance Industries, BP

Tue, Aug 15, 2017

The Production Sharing Contract (PSC) allows RIL and its partners BP Plc of the UK and Canada's Niko Resources to deduct all capital and operating expenses from the sale of gas before sharing profit with the government.

GAIL, GSPL fight over who will transport ONGC gas

GAIL, GSPL fight over who will transport ONGC gas

Sun, Aug 06, 2017

GAIL says its pipeline would cost Rs 85.36 crore while GSPL India Transco Ltd's pipeline would cost Rs 250 crore.

Tata Motors announces launch of Bio-Methane bus

Tata Motors announces launch of Bio-Methane bus

Mon, Jul 17, 2017

Key Highlights:

Eight core industries in IIP saw a 5% growth in March

Eight core industries in IIP saw a 5% growth in March

Mon, May 01, 2017

The eight core industries comprise nearly 38% of the weight of items included in the IIP.

Qatar sees Brexit as chance to supply UK more gas: Minister

Qatar sees Brexit as chance to supply UK more gas: Minister

Tue, Mar 28, 2017

Qatar sees Britain`s exit from the European Union as an opportunity to boost supplies of liquefied natural gas to the world`s fifth-largest economy and is open to investing in British energy assets, Qatar`s energy minister said.

Natural gas price likely to be hiked by 8%

Natural gas price likely to be hiked by 8%

Sun, Feb 19, 2017

Price of natural gas, used for generating power and making fertiliser and petrochemicals as well as CNG for automobiles, is likely to rise to $2.7 per million British thermal unit for the period from April 1, 2017 to September 30, 2017 from current $2.5 per mmBtu, industry sources said.

India's infrastructure output growth slows to 4.9 % in November : Govt

India's infrastructure output growth slows to 4.9 % in November : Govt

Mon, Jan 02, 2017

India`s annual infrastructure output growth slowed to 4.9 % in November compared with 6.6 % in the previous month as crude oil and natural gas production declined, government data showed on Monday.

RIL's partner Niko to sell its 10% stake in KG-D6 gas block

RIL's partner Niko to sell its 10% stake in KG-D6 gas block

Mon, Nov 14, 2016

Reliance Industries' partner Niko Resources of Canada has put on sale its 10% stake in the flagging KG-D6 gas block off the east coast.

RIL receives first order of world's largest ethane-carrying ships

RIL receives first order of world's largest ethane-carrying ships

Fri, Oct 28, 2016

Reliance Industries Ltd has received the delivery of world's first very large ethane carrying ships that will be used for ferrying the fuel from the US. Reliance had in 2014 ordered building of six Very Large Ethane Carriers (VLECs) at Samsung Heavy Industries' shipyards in Korea.

India's oil demand drops in September as prices rise to year's high

India's oil demand drops in September as prices rise to year's high

Tue, Oct 18, 2016

Petrol and diesel demand in India for the month of September fell to its lowest point this year, data released by Petroleum Planning & Analysis Cell of Ministry of Petroleum & Natural Gas showed.

After Delhi, CNG and PNG to cost less in Mumbai from today

After Delhi, CNG and PNG to cost less in Mumbai from today

Mon, Oct 03, 2016

The gas price was last cut on April 1 from $3.82 per mmBtu to $3.06 per mmBtu.

NITI Aayog to launch National Energy Policy; more focus on natural gas, renewable energy

NITI Aayog to launch National Energy Policy; more focus on natural gas, renewable energy

Fri, Aug 05, 2016

NITI Aayog is likely to unveil the new National Energy Policy in the next three months with a focus on air quality issue, renewable energy, natural gas, universal electrification and clean cooking fuel.

Chevron to sell $ 5 billion stake in Asia: Report

Chevron to sell $ 5 billion stake in Asia: Report

Thu, Aug 04, 2016

Chevron Corp, the second-largest U.S. oil company, is selling some assets in Asia worth up to $5 billion, the Wall Street Journal reported, citing people familiar with the matter.

Government mulls Rs 10,000 crore to increase use of bioenergy next fiscal

Government mulls Rs 10,000 crore to increase use of bioenergy next fiscal

Tue, Jun 14, 2016

The Centre is planning to launch an integrated bioenergy mission with an outlay of Rs 10,000 crore from next fiscal to enhance use of bio-fuels like ethanol and biogas for reducing consumption of fossil fuels.

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