Natural Gas

Showing of 1 - 20 from 208 results
Natural Gas - Total results - 208
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

ONGC to lose Rs 4,000 cr revenue as govt slashes gas prices by steep 26%; seeks freeing of price control
Business

ONGC to lose Rs 4,000 cr revenue as govt slashes gas prices by steep 26%; seeks freeing of price control

State-owned Oil and Natural Gas Corp (ONGC) will lose about Rs 4,000 crore in revenue and start making cash losses after the government slashed the natural gas prices by a steep 26 percent by benchmarking it against rates prevalent in gas-surplus nations

Eight core sectors growth up 5.5% in February, highest in 11 months; coal, refinery products and electricity output up
Business

Eight core sectors growth up 5.5% in February, highest in 11 months; coal, refinery products and electricity output up

Eight core sector industries recorded a growth of 5.5 percent in February, highest in 11-months, mainly due to healthy expansion in output of coal, refinery products and electricity, according to a government data released on Tuesday

Coronavirus Outbreak: ONGC gas output drops by one-tenth as shut factories refuse supplies
Business

Coronavirus Outbreak: ONGC gas output drops by one-tenth as shut factories refuse supplies

With the unprecedented nationwide lockdown shutting down factories, ONGC has been forced to cut natural gas production by up to one-tenth as customers refused to take supplies because of business disruption

NCLAT upholds CCI order on Adani Gas for abuse of dominant position in supply of piped natural gas
Business

NCLAT upholds CCI order on Adani Gas for abuse of dominant position in supply of piped natural gas

The NCLAT has upheld the fair trade regulator CCI's order, holding Adani Gas Limited (AGL) "guilty of of abuse of dominant position" while supplying piped natural gas to industrial customers in Faridabad

GAIL to invest Rs 1.05 lakh cr over next five years to create infrastructure for gas-based economy
Business

GAIL to invest Rs 1.05 lakh cr over next five years to create infrastructure for gas-based economy

GAIL India Ltd, the country's largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city gas distribution network and raise petrochemical production capacity, its new chairman and managing director Manoj Jain said on Monday

Jeff Bezos commits $10 billion to address climate crisis through new Bezos Earth Fund
News & Analysis

Jeff Bezos commits $10 billion to address climate crisis through new Bezos Earth Fund

He said the grant will fund scientists, activists and NGO's to explore new ways of fighting the impact of climate change.

Oil Ministry pitches for inclusion of natural gas in GST to promote use of environment-friendly fuel
Business

Oil Ministry pitches for inclusion of natural gas in GST to promote use of environment-friendly fuel

Ahead of the Union Budget, the Oil Ministry has made a renewed pitch for inclusion of natural gas in the ambit of GST to promote the use of the environment-friendly fuel by reducing multiplicity of taxes and improving business climate

Over Rs 4 lakh cr investment in pipelines in gas infrastructure; next CGD bid round to be announced soon: Dharmendra Pradhan
Business

Over Rs 4 lakh cr investment in pipelines in gas infrastructure; next CGD bid round to be announced soon: Dharmendra Pradhan

The government is giving special impetus to develop gas infrastructure across the length and breadth of the country connecting North to South and East to West parts of India, he said.

Davos 2020: Donald Trump touts 'great American comeback' at WEF summit, says second phase of US-China trade deal soon
World

Davos 2020: Donald Trump touts 'great American comeback' at WEF summit, says second phase of US-China trade deal soon

Shrugging off his impeachment trial back home, US president Donald Trump came out all guns blazing at the WEF summit in Davos on Tuesday as he lauded the unprecedented economic boom in the US

ONGC walks away with all seven oil, gas blocks on offer in latest bid round
Business

ONGC walks away with all seven oil, gas blocks on offer in latest bid round

State-owned Oil and Natural Gas Corporation (ONGC) on Thursday walked away with all the seven oil and gas blocks on offer in the latest bid round that saw just eight bids coming in

Core sector output shrinks for fourth consecutive month by 1.5% in November; refinery, fertilizers production up
Business

Core sector output shrinks for fourth consecutive month by 1.5% in November; refinery, fertilizers production up

The core sector for October had contracted to 5.8 percent from the 5.1 percent contraction seen in September.

GAIL to supply PNG to 3 lakh households in Dehradun under city gas distribution project; work on project to begin in a month
Business

GAIL to supply PNG to 3 lakh households in Dehradun under city gas distribution project; work on project to begin in a month

As laying pipelines from Haridwar to Dehradun is likely to take some time, GAIL will supply PNG in the district for the time being through de-compressed units (DCUs) of which 4-5 will be set up in Dehradun,