Natural Gas

Natural Gas News

Havana: Explosion at luxury hotel due to gas leak kills 22, dozens injured
World

Havana: Explosion at luxury hotel due to gas leak kills 22, dozens injured

Cuban state TV reported the explosion was caused by a truck that had been supplying natural gas to the hotel, but did not provide details on how the gas ignited

Farmers in Europe stir up biogas to free itself from Russian energy
World

Farmers in Europe stir up biogas to free itself from Russian energy

The European Biogas Association says the European Union could quickly scale up the production of bio-methane, which is pumped into natural gas networks

Italy's dependence on Russian gas puts PM Mario Draghi in a tight spot
World

Italy's dependence on Russian gas puts PM Mario Draghi in a tight spot

Italy imports 95 per cent of the gas it consumes, about 45 per cent of which comes from Russia

Germany begins slow move away from Russian gas; mulls delaying phasing out coal and nuclear energy
World

Germany begins slow move away from Russian gas; mulls delaying phasing out coal and nuclear energy

Initially, Germany hoped to substitute Russian supplies with larger deliveries of liquefied natural gas but it lacks the infrastructure to absorb the huge new supplies

Russia-Ukraine crisis: What if Vladimir Putin cuts off gas supplies to Europe?
World

Russia-Ukraine crisis: What if Vladimir Putin cuts off gas supplies to Europe?

Russia remains a major energy supplier to Europe. As major sanctions are imposed, there’s fear that the Kremlin might disrupt the supply of natural gas. However, even during the peak of the Cold War, the Soviet Union did not resort to such extreme tactics

Explained: What does Ukraine invasion mean for natural gas supplies?
World

Explained: What does Ukraine invasion mean for natural gas supplies?

Russia's attack on Ukraine has whipsawed energy markets, not least because Europe depends on Russian supplies of natural gas

How a Ukraine conflict could reshape Europe’s reliance on Russian energy supplies
World

How a Ukraine conflict could reshape Europe’s reliance on Russian energy supplies

Diplomatic proposals to counter Russia’s buildup centre on sanctions that could limit energy trade

How much of the world’s energy comes from fossil fuels? Can renewables replace it all?
World

How much of the world’s energy comes from fossil fuels? Can renewables replace it all?

Fossilisation of trees moved enormous amounts of carbon from the air to underground, leading to a decline in atmospheric CO₂ levels

Most coal, oil and gas reserves need to stay underground if Paris agreement goals are to be met
science

Most coal, oil and gas reserves need to stay underground if Paris agreement goals are to be met

Burning fuels for electricity, transportation and other uses are the chief driver of climate change, pulling long-buried carbon in fossil fuels out of the ground and depositing that carbon into the atmosphere as carbon dioxide.

Narendra Modi announces Hydrogen Mission, targets self-reliance in energy by 2047
India

Narendra Modi announces Hydrogen Mission, targets self-reliance in energy by 2047

While India is 85 percent dependent on imports for meeting its oil needs, overseas supplies make up for roughly half of the local requirement for natural gas

Govt to release IIP data tomorrow: All you need to know about Index of Industrial Production, its eight core sectors
Business

Govt to release IIP data tomorrow: All you need to know about Index of Industrial Production, its eight core sectors

The eight core sectors have a combined share of above 40 percent in the Index of Industrial Production (IIP) which gives the growth rates of different industry groups of the economy over a specified period

Narendra Modi to inaugurate Kochi-Mangaluru natural gas pipeline over video conference today
India

Narendra Modi to inaugurate Kochi-Mangaluru natural gas pipeline over video conference today

The total project cost around Rs 3,000 crore and its construction created over 12 lakh man-days of employment, the PMO said in a statement

Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings
Business

Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: CRISIL Ratings

Profitability of urea makers is likely to surge due to reimbursement of additional fixed cost, as cheaper gas will reduce urea subsidy bill by Rs 12,000 crore, according to a report

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%
Business

Coronavirus Lockdown: Eight core sector output contracts by record 38.1% in April; cement falls 86%, steel by 84%

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data

Dharmendra Pradhan hints at new gas policy as current pricing formula economically unviable, says low oil prices no answer
Business

Dharmendra Pradhan hints at new gas policy as current pricing formula economically unviable, says low oil prices no answer

Natural gas prices in India have fallen to their lowest in more than a decade, leading to producers like ONGC incurring losses in businesses.

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20
Business

Coronavirus Lockdown: Eight core industries' output contracts 6.5% in March; infra sectors log 0.6% growth in FY20

The output of eight core infrastructure industries shrank by 6.5 percent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown

ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost
Business

ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost

State-owned ONGC has asked the government to waive payment of oil cess and royalty as plummeting international oil prices have meant that the rate it now gets does not even cover the operating cost, sources said

China's daily crude output sinks to 15-month low; state refiners maintain deep cuts as virus erodes demand
Business

China's daily crude output sinks to 15-month low; state refiners maintain deep cuts as virus erodes demand

Crude runs over the period came in at 149.28 million tonnes, or about 11.98 million barrels per day (bpd), down 4.6 percent from a year earlier, National Bureau of Statistics data shows.

Coronavirus Outbreak: ONGC gas output drops 15% as shut factories refuse to take supplies
Business

Coronavirus Outbreak: ONGC gas output drops 15% as shut factories refuse to take supplies

State-owned ONGC has been forced to cut natural gas production by over 15 percent as factories shut down following the unprecedented nationwide lockdown have refused to take supplies

Adani Gas cuts CNG, piped cooking gas prices in line with cut in raw material rates
Business

Adani Gas cuts CNG, piped cooking gas prices in line with cut in raw material rates

Adani Gas Ltd on Wednesday announced a reduction in prices of compressed natural gas (CNG) and piped natural gas (PNG) used for cooking in household kitchens, in line with a cut in raw material rates