ONGC Surges 6.6% as Govt Slashes Crude Oil Royalty Rates
Shares of Oil and Natural Gas Corporation Limited climbed to a day high of Rs 299.30 on NSE on 12 May, rising 6.60% intraday, after...
Tag : natural gas
India’s Natural Gas Pipeline Network Crosses 25,000 Km; More Projects Planned
India’s natural gas pipeline network has crossed the 25,000-kilometre mark. This marks steady progress towards building a fully integrated national gas grid. According to a...
India Shifts Focus to Natural Gas and Biofuel as LPG Nears Saturation
India aims to boost natural gas availability by 2025-26 through increased imports from Qatar and other sources, targeting affordable access for households and industries. Petroleum...
Germany Establishes 200 Billion Euro Fund to Ease Gas Crisis in ‘Energy War’ with Russia
On Thursday, the German government said it would throw up to 200 billion euros for controlling sky-high gas and electricity prices. The federal government has...
European Gas Futures Hit Lowest Since July Due to Demand Moderation
On Monday, benchmark natural gas prices in Europe dropped to their two-month lowest as the ongoing dip in demand from industry stimulated hopes that the...
US, EU Partners to Undercut Russian Energy
The US and European Union (EU) announced a new partnership to decrease the continent’s reliance on Russian energy. As part of the plan, the US...
GAIL Share Buyback Offer to Open on February 25
GAIL India will open its buyback on February 25 for up to 6.97 crore fully paid-up equity shares of face value Rs 10 each. “This represents...
Total Buys 37.4% Stake in Adani Gas for Rs 5,662 Crore
French oil and gas major Total SA has acquired a 37.4% stake in Adani Gas Ltd, promoted by the Adani Group, for Rs 5,662 crore,...
Indian Oil Corp (IOC) Dominates The 10th City Gas Bid Round
The Petroleum and Natural Gas Regulatory Board (PNGRB) has announced that the state-run Indian Oil Corp (IOC) has obtained licences to retail gas in 10...
Bharat Gas Along With 2 Others Set To Invest Rs 8000 Crores
Bharat Gas Resources Ltd, Unison Enviro Pvt. Ltd and Maharashtra Natural Gas Ltd (MNG) is set to make a joint investment expenditure of Rs. 8,000...