
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,

Core sector output shrinks second month in row by 5.8% in October, lowest in over decade
Output of eight core infrastructure industries contracted for the second month in a row by 5.8 percent in October, the lowest in over a decade, indicating the severity of economic slowdown

Adani Gas shares zoom nearly 8% after CCI approves stake-buy by French energy firm Total Group
Shares of Adani Gas zoomed nearly 8 percent on Friday after the Competition Commission gave approval to the acquisition of 37.4 percent shareholding and joint control by Total Group in the company

Core sector output shrinks by 5.2% in September; except for fertilisers, all industries witnessed negative growth
Output of core infrastructure industries shrank by 5.2 percent in September 2019 as seven of eight sectors witnessed negative growth, according to official data released on Thursday

Cabinet to consider splitting GAIL; pipeline business not to be sold before 2022
The Union Cabinet may by next month consider a proposal to hive off state-run gas utility GAIL (India) Ltd's pipeline business into a separate entity but its sale to a strategic investor may not happen before 2022, sources privy to the development said

WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy
Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy

Core sector output growth declines to 45-month low of 0.5% in August; coal, crude oil, cement among major industries worst hit
During April-August, growth in the eight core industries grew by 2.4 percent from 5.7 percent in the year-ago period

'Howdy Modi': Petronet LNG signs $2.5 bn deal with US' Tellurian Inc; to finalise transaction agreement by March 2020
Petronet and Tellurian had first signed a broader agreement in February

Piyush Goyal to embark on two-day visit to UAE today to seek FDI in petroleum, railways, aviation sectors
Commerce and Industry Minister Piyush Goyal will embark on a two-day visit to the United Arab Emirates (UAE) starting Saturday, to attend the meeting of 7th India-UAE High-Level Task Force on Investment

Growth of eight core industries at 2.1% in July, down from 7.3% in 2018, says official data
According to the data released by the government on Monday, output of coal, crude oil, natural gas and refinery products recorded negative growth in July.

CNG price hiked for third time since April; impact of dollar appreciation against rupee, says Indraprastha Gas
Rates were last revised upwards by 90 paise per kg in July. Prior to that, CNG price was hiked in April by Re 1 per kg

GAIL India to invest Rs 45,000 cr in expansion of pipelines and city gas network over next five years
State-owned gas utility GAIL India Ltd will invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday

IOC to invest Rs 2 lakh cr to expand refining, petrochem capacities to maintain leadership position
The country's biggest oil firm Indian Oil Corporation (IOC) will invest Rs 2 lakh crore in next 5-7 years to expand refining and petrochemical capacities in order to maintain a leadership position, its Chairman Sanjiv Singh said

Liquid gas makes a break through in Tanzania, tries to take over from charcoal
About 4 million people, mostly women and children, die every year from indoor air pollution.

Eight core sectors growth slows down to 0.2% in June on contraction in oil-related sectors, cement production
Growth of eight core industries dropped to 0.2 percent in June, mainly due to a contraction in oil-related sectors as well as cement production, according to official data

Olden east coast cities in the US are letting out methane into the atmosphere
scientists calculated as much as nine times more natural gas was being released than previously estimated.

Govt to end gas distributors' monopoly in 34 cities; to allow consumers to choose new supplier
The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing consumers to choose a new supplier, a senior regulatory official said

Govt considers splitting GAIL, to hive off pipeline business into a separate entity, sell it to strategic investor
GAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234-km pipeline network, giving it a stranglehold on the market.

Growth of core sector industries slows to 2.6% in April on decline in crude oil, natural gas and fertiliser output
The growth of eight core infrastructure sectors slowed down to 2.6 percent in April, due to negative growth in crude oil, natural gas and fertiliser output

Saudi Aramco signs 20-yr deal with US-based Sempra Energy to purchase liquefied natural gas
Saudi Aramco has entered into a 20-year agreement with U.S.-based Sempra Energy to purchase liquefied natural gas(LNG) from its subsidiary Sempra LNG, the two companies said on Wednesday