Monday, Jun 24, 2024 | Last Update : 11:11 AM IST


Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: sources

The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

14 Jan 2020 11:00 AM

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

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

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

Petronet Board disfavoured USD 2.5 bn US LNG deal in Apr; signs non-binding MoU now

Petronet signed a MoU with Tellurian "wherein Petronet and its affiliates intend to negotiate the purchase of up to 5 mtpa of LNG.

23 Sep 2019 6:12 PM


India's petrol imports in July hit highest in at least eight years

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

22 Aug 2019 2:59 PM

No plan to completely ban petrol and diesel vehicles: Dharmendra Pradhan

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 Jul 2019 12:39 PM

Indian Oil issues tender for short-term lease of LNG storage tank

The terminal worth 51.5 billion rupees is India’s fifth, and the first to be located on the east coast in south India.

12 Jun 2019 10:25 AM

Natural gas vehicles likely to account for 50 pc of total new sales by 2030: Nomura

As an automobile fuel, natural gas is a proven tech in providing better air quality, sustainability and eco-friendliness.

09 May 2019 5:56 PM

US says India welcome to bring in serious trade proposals for discussion

Observing that trade is an area of frustration, the US has said that the door is open if India is prepared to bring a serious proposal.

16 Mar 2019 12:04 PM


India LNG demand journey to be shaky, slow due to infrastructure limits

Government aims to run all LNG terminals at full capacity by 2022 as it works to complete entire pipeline grid, said Oil Secretary MM Kutty.

15 Mar 2019 11:19 AM

Ennore LNG terminal to help IOC fast-track city gas project

Ennore LNG terminal is part of India's plan to raise share of natural gas in country's energy basket to 15 pc by 2030 from current 6.2 pc.

08 Mar 2019 2:41 PM

India seeks revision in gas price from TAPI pipeline

TAPI pipeline is nearly 1,680-kilometers long, with 735-km in Afghanistan and nearly 800-km in Pakistan.

22 Aug 2018 10:42 AM

City gas cos likely to take a hit

“This, however, will have a bearing on the margins of CGD companies,” said Mayur Patil, associate director, Crisil Research.

03 Aug 2018 1:50 AM

GAIL to import only half of US LNG into India

GAIL has a deal to buy 3.5 million tonne a year of LNG for 20 years from Cheniere Energy of the US.

12 Apr 2018 1:35 PM


India's Petronet LNG aims to partner with ONGC Videsh in Qatar project

The project would be Petronet’s maiden venture into the natural gas exploration and production business and overseas LNG terminals.

11 Apr 2018 12:45 PM

Stressed upon developing transparent market for LNG: Pradhan

He adds competitive market for LNG is important for India as it imports 50 pc of gas need as LNG.

18 Oct 2017 11:17 AM

India, Japan to team up to get more flexible LNG deals

India and Japan will also look at establishing LNG spot price indices that reflect true supply and demand.

12 Oct 2017 9:45 AM

India to buy 1 mt Australian LNG more after Exxon slashed rates

Exxon will charge 12.5 per cent of prevailing Brent oil price for about 1 mt per annum of additional LNG.

11 Sep 2017 4:42 PM

ExxonMobil slashes 20-year LNG price to India in bad omen for producers

India has been aggressive in seeking cheaper deals, also renegotiating a contract with Qatar in 2015.

11 Sep 2017 12:24 PM