Core sector output growth slumps to 20-month low of 0.1% in Oct
The combined index of eight core industries was dragged down by a contraction in the output of crude oil, natural gas, refinery products, and cement.
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IGL, Adani Total, Gujarat Gas, MGL surge up to 7%; here’s why
The oil ministry has ordered the diversion of natural gas from industries to the city gas distribution to cool down the CNG and piped cooking gas prices
Rising prices a boon for RIL-BP gas business
The price ceiling of natural gas from RIL-BP's KG Basin would increase to $10 per mmBtu from $6.13 per mmBtu.
Fortune 500 India: “Gas is the answer to our energy needs for the next 10-20 years”
Before demand moves to electric or renewables by 2050 or 2060, the gas horizon is going to grow for the next 20-25 years, says BPCL CMD Arun Kumar Singh.
Fortune 500 India: “India’s energy transition will be through multiple fuel sources”
There won’t be any one form of energy. It will be fossil fuels, gas, renewables and biofuels, says IOC CMD Shrikant Madhav Vaidya.
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
By 2030, half of new sales will be natural gas vehicles
A study by the institute says the number of natural gas vehicles in India is expected to shoot up to 33 million by 2030 from 3.3 million in 2019—a 900% rise.
LNG: It’s light, natural and green
With the government pushing for clean energy when domestic gas production is falling, and renewables yet to take off, importing it could be the only option.
