MGL hikes CNG & domestic PNG prices again
For the second time in six months, the Mahanagar Gas Ltd on Tuesday announced hike in prices of Compressed Natural Gas and Domestic Piped Natural Gas…
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The latest natural gas news, analysis and data from India and across Asia, reported by Energy Asia.
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ISGF & NGS jointly launch India City Gas Distribution forum
Government of India has set the target of 15% gas-based economy by 2030 and licenses have been issued for City Gas Distribution (CGD) in urban areas…
Petrol rate in Delhi reaches new high at Rs 101.19/litre
Petrol prices in the national capital rose to Rs 101.19 per litre on Sunday, touching another record high figure.
GAIL eyes at petrochemicals, renewable energy for growth
GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables as it pivots a new strategy to expand the business beyond natural gas
China’s offshore deepwater gas field commences production
CNOOC Limited announced that the China's first offshore large-sized independent deep water gas field, Lingshui 17-2 gas field has commenced production.
LNG market set to recover with demand growing across Asia
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of…
Pradhan inaugurates CNG distribution through MRUs
Minister for Petroleum & Natural Gas and Steel Dharmendra Pradhan today dedicated to the nation GAIL group’s 201 CNG stations across the Country.
CNPC cuts methane emission intensity by 6% in 2020
China National Petroleum Corp (CNPC) cut its methane emission intensity by 6 per cent last year from the 2019 level, the top oil and gas producer…
India’s gas output rises 23% as RIL-BP fields start production
India's natural gas production jumped 22.7% in April after Reliance Industries Ltd and its partner BP Plc ramped up output from their eastern offshore KG-D6 block
Intense bidding for KG-D6 gas in e-auction
Gas user’s companies like Indian Oil Corporation (IOC), Reliance O2C, GAIL Gas, Adani Total Gas Ltd, Torrent Gas, Torrent Power and gas trading companies like GAIL,…
OIL’s acquisition of NRL will ensure India’s energy security
Oil India Limited (OIL) on Tuesday said its acquisition of shares of Numaligarh Refinery Ltd (NRL) in Assam will be a synergy for mutual growth, ensure…
Reliance-BP seek buyer for 5.5 mmscmd gas from KG-D6
Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 million standard cubic meters per day of additional natural…
Gas producers bleed as govt dictated prices remain low
Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains at its lowest level
China’s Sinopec raises 2021 capital expenditure by 23.8%
Sinopec, plans a 23.8% increase in capital spending to 167.2 billion yuan in 2021 following recovery of oil prices and energy demand as the COVID-19 epidemic…
Centre can ask 10% more share in profits from Barmer block
The Delhi High Court said the Centre can demand 10% higher share in the profit derived from oil produced by Vedanta from the Barmer oil field…
ONGC’s oil & gas production share jumps to 70%
ONGC which is often perceived as a drag on the crude oil and natural gas produced in the country, has actually seen its contribution to the…
GAIL acquires 5% stake in Indian Gas Exchange
GAIL (India) Limited has signed a Share Purchase and Shareholders Agreement (SPSHA) with IGX and Indian Energy Exchange Limited (IEX), the promoter and parent company of…
ONGC acquires 5% stake in Indian Gas Exchange
Oil and Natural Gas Corporation Limited (ONGC) has signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas Exchange (IGX) and the Indian Energy…
LPG price, petroleum taxes rise since BJP came to power
Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and…
Nine Compressed Biogas Plants Commissioned
So far 9 CBG plants have been commissioned and started supply of CBG under SATAT scheme. These plants are located in Andhra Pradesh (1), Gujarat (3),…
Pakistan’s new gas deal with Qatar could save $3 billion
Pakistan's landmark, new deal with Qatar for Liquefied Natural Gas (LNG) at lower rates will save Islamabad a total of about $3 billion over the next…
China’s coal consumption share falls to 56.8%
China cut its coal use to 56.8% of energy consumption at the end of 2020, maintaining its target of below 58%, but overall coal consumption continued…
Centre committed to bringing natural gas under GST regime
Asserting that the central government is committed to bringing natural gas under the Goods and Service Tax (GST) regime, Prime Minister Narendra Modi said.
Modi blames previous govt for not cutting import dependence
On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi said the middle-class would not have been burdened if the previous governments…
Price of LPG gas cylinder hiked by Rs 50
The price of liquefied petroleum gas domestic cylinder in Delhi has been increased by Rs 50 per unit, now a 14.2 kilograms LPG cylinder in Delhi…