Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC) and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister CARES Fund to help in the fight against COVID-19 pandemic
Petronet LNG shares gained nearly 7 percent on Wednesday after the company reported nearly doubling of net profit in the September quarter on the back of improved margins
Big risks in Petronet LNG’s US deal, which sectors will benefit from tax cuts; all this and more on Moneycontrol Pro
As per the MoU, Petronet and its affiliates plan to explore the possibility of purchasing of up to 5 million tonnes per annum of LNG and picking up an equity stake in the US firm’s Driftwood project.
'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
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Qatar to withdraw from OPEC in 2019: Oil markets to be dominated by US, Russia; fractionalised cartel suits India better
Qatar is not only a major-domo LNG supplier via Petronet LNG, but is also a major foreign portfolio investor (FPI) in Indian equities markets.
PNGRB said the ninth CGD bidding round was launched on 12 April for development of city gas networks for the 86 geographical areas (GAs) which includes 174 districts (156 complete and 18 part), spread over 22 states and Union Territories (UTs) in India.
Despite the possible strength in the market, the retail investors without access to solid research should still invest through mutual funds or create a health portfolio based on research as volatility could dampen the bull-run any time.
Once Bangladesh government accepts the proposal, a formal pact will be signed between Petronet and Petrobangla
India received its cheapest LNG under a long-term deal as Russia began shipping natural gas at a delivered price of close to $7 per million Btu
Asian Development Bank (ADB) sold its entire 5.2 per cent stake in gas supplier Petronet LNG Ltd for Rs 714 crore ($116.8 million) on Friday via block deals, BSE data showed.<br />
Qatar Petroleum has expressed interest in buying a 5.2 percent stake in Petronet LNG, a potentially conflict of interest proposition as it will give the gas supplier a vantage position in India 's largest fuel importer.
Indications are that the other battle between Reliance Industries and the Oil Ministry is getting worse. The battle pertains to pricing of coal bed methane gas the company has contracted to extract from Madhya Pradesh.
The PSU is considering listing ONGC Videsh Ltd (OVL) next year to raise funds for aggressive foreign acquisitions.
Here are your intra day picks for the day from various market experts and brokerage houses.
IGL will be forced to cut the price of CNG by around Rs 7 a kg and Piped Natural Gas by Rs. 2.20 a unit in New Delhi and the National Capital Region.
PNGRB's directive to cut tariffs for certain types of gas in New Delhi had sent shares in gas utilities reeling.
Indiraprastha Gas, the monopoly supplier of gas in Delhi, today tanked 45 percent on Dalal St in opening trade after the govt regulator directed it to cut tariffs for certain types of gas in New Delhi
Indian markets open higher in line with the global markets.