Natural Gas

Tuesday, Apr 23, 2024 | Last Update : 10:46 PM IST

India's August fuel consumption posts biggest monthly decline since April. (PTI Photo)

Fuel consumption in August witnesses biggest monthly dip since April

Refined fuel sales slipped to 14.39 million tonnes in August, about 16% lower compared with the consumption in the same month a year ago

10 Sep 2020 9:15 AM

Eight core sectors expanded by 2.6 per cent in July 2019 but contracted by 9.6 percent in 2020. (PTI file photo)

Only the farmer bats for India as eight core sectors shrink 9.6%

Only the fertiliser industry continued to grow through the worst of the Covid months

31 Aug 2020 5:12 PM

Total will buy up to 25.2 per cent in Adani Gas from public shareholders at 149.63 rupees per share, representing an 8.7 per cent premium to the stock’s last close and valuing the stake at 41.47 billion rupees (USD 585 million). It will also buy another 12.2 per cent stake from the Adani family at an undisclosed price, according to stock exchange filings.

Energy giant Total to buy 37 per cent stake in Adani Gas

Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.

14 Oct 2019 3:29 PM

Oil minister Dharmendra Pradhan said energy is integral to achieving the target of early doubling the size of Indian economy to USD 5 trillion by 2024. (Photo: File)

USD 60 billion investment coming in gas infrastructure: Pradhan

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.

13 Oct 2019 6:25 PM

I always talk about EVs such as cars, bikes, and buses. Now, it has started naturally. There is no need to make it mandatory, said Union Minister Nitin Gadkari. (Photo: PTI | File)

No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Gadkari

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin Gadkari.

23 Sep 2019 6:27 PM

The cumulative oil and gas gain from these projects is expected to be over 180 million tonne of oil and oil equivalent gas in their life cycle, said ONGC chairman and managing director Shashi Shanker.

ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural gas.

15 Aug 2019 5:06 PM

Over the years, IOAGPL participated in various bid rounds for city gas licence conducted by Petroleum and Natural Gas Regulatory Board (PNGRB).

IOC, Adani to invest Rs 9,600 crore in city gas projects

Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.

29 Jul 2019 4:32 PM

ONGC has established 230.29 million tones of oil initial-in-place during the last three years, said Petroleum Minister Dharmendra Pradhan. (Photo: File)

ONGC discovers 230 mn tonnes of oil reserves: Pradhan

Petroleum Minister Dharmendra Pradhan said this in a written reply to a question in the Lok Sabha.

02 Jul 2019 11:52 AM

Steel and electricity output increased by 19.9 per cent and 7.2 per cent, respectively, during the month under review. (Representational Image)

Eight core sectors grow by 5.1 per cent in May

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.

01 Jul 2019 7:59 PM

If we can double the oil production and raise gold output to 300 tonnes, the entire current account deficit (CAD) will be wiped out, said Anil Agarwal. (Photo: File)

Privatise mining to cut back USD 400 bn of imports: Vedanta's Anil Agarwal

Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.

24 Jun 2019 3:57 PM

MJ, or D55, development is the third project that the partners have taken up to revive flagging natural gas production from KG-D6 block.

Reliance, BP to develop deepest gas discovery in KG-D6 block by 2022

These projects together, when fully developed, will bring about 1 billion cubic feet a day of new domestic gas onstream.

12 Jun 2019 1:53 PM

A bulk of the output in the 2018-19 financial year came from fields that were given to ONGC on nomination basis.

ONGC gas output jumps 6.5 per cent to record high in FY19

The growth rate was higher than the global average of 3-4 per cent year-on-year.

01 Apr 2019 3:49 PM

Higher gas prices, however, will lead to higher earnings for state-owned Oil and Natural Gas Corp Ltd and Oil India Ltd.

India raises gas price for April-September by about 10 pct to USD 3.69/mmBtu: Source

The government will formally announce the revised prices later on Friday, the source said.

29 Mar 2019 2:43 PM

Prime Minister Narendra Modi. (Photo: PTI/File)

PM lays foundation stone for Rs 13,000 cr Talcher fertiliser project

Coal-gasification is being used for the first time in India to covert this 'black diamond' coal into gas.

22 Sep 2018 11:58 AM

Indian gas firm GAIL (INDIA) Ltd aims to add 5,500 km gas pipelines to boost its capacity by about 50 per cent in the next 3 years, its chairman said on Tuesday.

GAIL India aims to add 5,500 km gas pipeline in 3 years

Tripathi said GAIL has also booked 1.5 million tonnes a year regassification capacity at Dhamra LNG terminal in eastern Odisha state.

11 Sep 2018 5:42 PM

The company’s current annual gas marketing portfolio comprises 14 million tonnes.

GAIL India says aims to add 5,500 km gas pipeline in 3 years

India wants to raise share of natural gas in its energy mix to 15 per cent in next few years from about 6.5 per cent.

11 Sep 2018 11:08 AM

Eight core sectors grew by 6.6 per cent in July pushed by healthy output in coal, refinery products, cement and fertiliser.

Eight core sectors grow by 6.6 per cent in July

The eight core sector includes coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.

31 Aug 2018 6:54 PM

Indian Railways can replace 844,027 cubic metres of acetylene, 2.35 million kilograms of liquefied petroleum gas and 140,991 kilograms of cut gases to save 170 million rupees ($2.4 million) a year. (Photo: PTI)

Diesel guzzler Indian Railways turns to natural gas to cut cost

Using natural gas will be about 25 per cent cheaper than the alternative fuels used by the railways at workshops.

31 Aug 2018 8:40 AM

Natural gas prices are set every six months based on average rates in gas-surplus nations like the US, Russia and Canada.

Natural gas price may be hiked by 14 per cent from October

Gas price was last hiked to USD 3.06 per mmBtu for April-September 2018 from USD 2.89 in the previous six months.

30 Aug 2018 3:08 PM

The launch of an online portal by GAIL (India), allowing third-party access to its natural gas pipeline network, would ensure transparency and permit companies to understand the infrastructure further, analysts said on Tuesday.

GAIL's online gas portal to boost transparency

GAIL, India’s biggest gas marketing and trading firm, launched an online portal for companies to book natural gas pipeline capacity.

28 Aug 2018 4:04 PM

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Aakar Patel

natural gas