Reliance Industries Ltd and its partner BP PLC have re-launched an auction for sale of natural gas from their eastern offshore KG-D6 block after incorporating the government’s new marketing rules to give CNG-selling city gas companies first priority over supplies. Reliance and its partner BP Exploration (Alpha) Ltd (BPEAL) will sell 6 million standard cubic […]
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Adani Total is expected to receive its first LNG cargo at Odisha’s Dhamra terminal. | Photo Credit: Reuters Adani Total Private Ltd will receive its first liquefied natural gas (LNG) cargo at the Dhamra terminal in Odisha in April and expects to start commercial operations 30 to 45 days after receiving the shipment, the Adani […]
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The maritime logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) and Singapore-based Atlantic, Gulf and Pacific (AG&P) have signed a charter agreement to use a liquefied natural gas (LNG) carrier as a floating storage unit in India. The LNG carrier is owned by ADNOC Logistics & Services (ADNOC L&S). It will […]
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Rising gas prices have constrained CNG penetration in commercial vehicles to 9-10 per cent in the current fiscal from peaks of 16 per cent, Icra Ratings said on Friday. A spurt in global energy prices has led to a 70 per cent jump in the price of CNG in the last one year. This has […]
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GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September […]
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Reliance Industries Ltd. expects prices of natural gas in India to rise again in October but wants government-dictated caps to go, in a bid to align domestic rates with global energy prices. The conglomerate, controlled by billionaire Mukesh Ambani, expects the price cap for its KG-D6 gas sales to rise over the current $9.92 per […]
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Why is the EU planning to phase out its dependence on Russian crude oil? Will this round of sanctions be the final nail in the coffin for Russia? Why is the EU planning to phase out its dependence on Russian crude oil? Will this round of sanctions be the final nail in the coffin for […]
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