Ahmedabad: The recently proposed mechanism for tariff determination of city gas distribution (CGD) networks by the Petroleum and Natural Gas Regulatory Board (PNGRB) has met with a stiff opposition from market experts and CGD companies like Gujarat Gas Ltd (GGL), Adani Gas Ltd (AGL), Indraprasth Gas Ltd (IGL), Mahanagar Gas Ltd (MGL) and GAIL…
Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan has invited the global industry and experts to become partners in India’s shared prosperity by enhancing India’s production of all forms of energy. Speaking at the concluding Session of CERA Week India Energy Forum last evening he said that inauguration…
NEW DELHI: British energy major BP is looking at expanding its footprint in India’s fuel retail and mobility solutions market as the world bets on the third-largest economy in terms of purchasing power to lead the recovery in energy demand in the post-Covid scenario. According to BP chief executive Bernard Looney, the company’s joint…
ins Indian refiners have turned their focus to raising production of petrochemicals to cater for rising demand and help hedge against lower refined fuel margins, the country’s oil secretary and company officials said on Wednesday. “We need more petrochemicals because that’s what we are importing at the moment,” Oil secretary Tarun Kapoor said at the…
The first wave of major liquefaction terminals that have started operations along the Gulf and Atlantic coasts since 2016 or are currently under construction primarily used 20-year take-or-pay contracts to finance the billions of dollars in costs to build. Over the last two years, and accelerating in recent months due to market disruptions from…
New Delhi, UAE’s largest oil producer, the Abu Dhabi National Oil Company (ADNOC) on Tuesday said that it is interested in storing more oil in India’s strategic petroleum reserves to boost energy ties with world’s third largest oil consumer. ADNOC is the only overseas company so far that has crude stored in Indian caverns.…
India’s transformation on the world energy stage is a study in speed and scale. The country’s population of 1.3bn is expected to grow to over 1.5bn this decade, overtaking China as the world’s most populous nation. Not only will there be more Indians, but Indians will be doing more as the nation’s economy harnesses…
Doha- Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum (QP), H E Saad Sherida Al Kaabi, took part in a virtual interaction session with Prime Minister of India, Narendra Modi, for a discussion of various aspects of India’s energy sector. The session, which was held on the sidelines of…
New Delhi, UAE’s largest oil producer, the Abu Dhabi National Oil Company (ADNOC) on Tuesday said that it is interested in storing more oil in India’s strategic petroleum reserves to boost energy ties with world’s third largest oil consumer. ADNOC is the only overseas company so far that has crude stored in Indian caverns.…
New Delhi: To boost ethanol production in the country, the government is considering extending subsidised loans to grain-based distilleries also under the ongoing scheme, according to government sources. The sources said both the petroleum and food ministries are of the view that ethanol production cannot be dependent on one feedstock, that is,…
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