natural gas
Total will buy up to 25.2 per cent in Adani Gas from public shareholders at 149.63 rupees per share, representing an 8.7 per cent premium to the stock’s last close and valuing the stake at 41.47 billion rupees (USD 585 million). It will also buy another 12.2 per cent stake from the Adani family at an undisclosed price, according to stock exchange filings.
Energy giant Total to buy 37 per cent stake in Adani Gas
14 Oct 2019 3:31 PM

Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.

Oil minister Dharmendra Pradhan said energy is integral to achieving the target of early doubling the size of Indian economy to USD 5 trillion by 2024. (Photo: File)
USD 60 billion investment coming in gas infrastructure: Pradhan
13 Oct 2019 6:26 PM

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.

I always talk about EVs such as cars, bikes, and buses. Now, it has started naturally. There is no need to make it mandatory, said Union Minister Nitin Gadkari. (Photo: File)
No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Gadkari
23 Sep 2019 6:25 PM

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin Gadkari.

Mukesh Ambani
RIL’s $4 billion petcoke bet hurt by too much gas
22 Aug 2019 1:21 AM

The 10 synthetic gasifiers that make up the project are now finally commissioned.

The cumulative oil and gas gain from these projects is expected to be over 180 million tonne of oil and oil equivalent gas in their life cycle, said ONGC chairman and managing director Shashi Shanker.
ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain over 180 MT
15 Aug 2019 5:07 PM

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural gas.

Over the years, IOAGPL participated in various bid rounds for city gas licence conducted by Petroleum and Natural Gas Regulatory Board (PNGRB).
IOC, Adani to invest Rs 9,600 crore in city gas projects
29 Jul 2019 4:33 PM

Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.

ONGC has established 230.29 million tones of oil initial-in-place during the last three years, said Petroleum Minister Dharmendra Pradhan. (Photo: File)
ONGC discovers 230 mn tonnes of oil reserves: Pradhan
02 Jul 2019 11:48 AM

Petroleum Minister Dharmendra Pradhan said this in a written reply to a question in the Lok Sabha.

Steel and electricity output increased by 19.9 per cent and 7.2 per cent, respectively, during the month under review. (Representational Image)
Eight core sectors grow by 5.1 per cent in May
01 Jul 2019 8:00 PM

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.

If we can double the oil production and raise gold output to 300 tonnes, the entire current account deficit (CAD) will be wiped out, said Anil Agarwal. (Photo: File)
Privatise mining to cut back USD 400 bn of imports: Vedanta's Anil Agarwal
25 Jun 2019 11:05 AM

Vedanta's Anil Agarwal asserted that increased mining can add USD 500 billion to the economy and create two crore jobs.

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