Natural Gas price may go up by 18% from April; India’s fuel demand rises 3.8% in February 2019
The price of natural gas may go up by as much as 18% from April 2019, according to a CARE Ratings’ report. As per the New Domestic Gas policy of 2014, …
India’s core sector growth slows down to 1.8% in January 2019
Growth of eight core sectors in India slowed down to 1.8 per cent in January due to fall in output of crude oil, refinery products and electricity, official …
India’s eight core industries’ output growth slows to 2.6% in December 2018
The output pace of India’s eight major industries slowed down in December to 2.6 per cent, according to latest official data. According to the Ministry …
India’s Natural Gas production up 4.2% in December 2018
India’s natural gas production increased by 4.2 per cent to 2.87 billion cubic meters (bcm) in December 2018 over a year ago. Natural gas production by …
Moderation in R-LNG prices will improve the profitability for urea players: ICRA
R-LNG (Regasified Liquified Natural Gas) prices are expected to moderate given the forecast of a warmer winter in the Northern hemisphere, falling crude oil …
India to set up gas exchange to ease shift from oil: Prime Minister Modi
India is working to establish a natural gas trading exchange, Prime Minister Narendra Modi said last week, as part of a shift away from a reliance on crude oil …
Egypt’s Zohr Gas Field boosts production six-fold
The huge Zohr gas field offshore Egypt has increased its production six-fold since it started production in January this year, Egypt’s Petroleum Minister …
Russia’s huge natural gas pipeline to China nearing completion
Gazprom’s Power of Siberia natural gas pipeline from Russia to China is 93 per cent complete, the Russian gas giant said in an update on its major …
Asian demand could create deficit in global LNG market, says Fitch
Growing gas demand from Asia, particularly from China, could swing the liquefied natural gas (LNG) market into a deficit by 2022-2025, Fitch Ratings said in a …
Diesel guzzler Indian Railways planning to turn to natural gas to cut cost
Indian Railways has signed a preliminary deal with gas firm GAIL (India) Ltd to use natural gas in some of its operations, part of a drive by the …