Natural Gas

Germany turns to Qatar, strikes major gas deal amid energy crisis

Russia's invasion of Ukraine in February increased pressure on the German government to find new sources. And the latest deal will not help the country get through the looming winter.

published on : 29th November 2022

No exemption to exploratory drilling in coastal regulation zones: Government

Coastal land up to 500 metres from the high-tide line and a stage of 100m along banks of creeks, estuaries, backwater and rivers, subject to tidal fluctuations, is called a CRZ.

published on : 26th November 2022

Natural gas tariff, authorisation, capacity regulations amended

The petroleum ministry said these amendments will act as stepping stones for implementation of unified tariff regulations which will be effective from April 1, 2023.

published on : 26th November 2022

ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25 

In the current fiscal year (2022-23), crude oil production is slated to rise to 22.823 million tonnes and gas to 22.099 bcm.

published on : 20th November 2022

ONGC pays Rs 6,452 crore as windfall tax in Q2 as against Rs 14 crore in Q1 FY23

The company said if this levy was not there, ONGC profits would have surpassed its record earnings of July-September 2021.

published on : 16th November 2022

Core sector output rises 7.9 per cent in September

The output of eight core infrastructure sectors rose 7.9% in September 2022, as compared with 5.4% in the same month last year, according to the government data released on Monday. 

published on : 1st November 2022

EU countries turn to Africa in bid to replace Russian gas

Europe has been scrambling to secure alternative sources as Moscow has reduced natural gas flows to EU countries, triggering soaring energy prices and growing expectations of a recession.

published on : 12th October 2022

LCNG station opens, piped gas soon in Tamil Nadu

The new station will benefit over 30,000 households and 325 industrial and commercial establishments, said K R Venkatesan, regional head of AG&P Pratham.

published on : 11th October 2022

Danes: Nord Stream 2 pipeline seems to have stopped leaking

 Nordic investigators said the blasts have involved several hundred pounds of explosives.

published on : 1st October 2022

Govt increases natural gas price by 40 per cent; CNG, PNG prices may go up

The government on Friday raised the price of natural gas by 40%. Natural gas is used to generate electricity or fertiliser and turned into compressed natural gas (CNG).

published on : 1st October 2022

Gas prices hiked 40 per cent; CNG, PNG to cost more

The government wants to more than double the share of natural gas in the primary energy basket to 15 per cent by 2030 from the current 6.7 per cent.

published on : 30th September 2022

EU vows retaliation if energy network 'deliberately' disrupted

"Any deliberate disruption of European energy infrastructure is utterly unacceptable and will be met with a robust and united response," Borrell said.

published on : 28th September 2022

Amid western sanctions, Gazprom Singapore pays 'meagre' penalty for defaulted LNG deliveries to India

Gazprom Marketing and Trading Singapore (GMTS), under a long-term 20-year contract, was to supply 2.5 million tonne of LNG to state-owned GAIL (India) Ltd this year.

published on : 12th September 2022

EU struggles with how to cut off its reliance on Russian gas

On the eve of an emergency meeting to discuss plans to cut EU gas use 15% over the coming months, envoys on Monday were still brokering a possible compromise to keep all nations in line.

published on : 26th July 2022

India to raise natural gas share in energy mix

It is also planning to allocate domestic gas to compressed natural gas (transport) /piped natural gas (domestic) in no cut category and allow  marketing and pricing freedom to gas produced.

published on : 26th July 2022

UAE leader in France to discuss Russian energy alternatives 

Macron said last week that his government would prepare a "sobriety plan' to conserve energy and that France keeps looking to diversify gas sources.

published on : 19th July 2022

EU lawmakers back gas, nuclear energy as sustainable in green labelling system

The green labelling system from the European Commission defines what qualifies as an investment in sustainable energy.

published on : 6th July 2022

European Union chief warns danger of complete cut-off of Russian gas

The war in Ukraine has prompted the 27-nation bloc to rethink its energy policies and sever ties with Russian fossil fuels.

published on : 6th July 2022

IEA: High prices, uncertainty will slow growth in gas demand 

The revised forecast is mostly due to expectations of slower economic growth rather than buyers switching from gas to coal, oil or renewable energy. 

published on : 5th July 2022

German regulators urge citizens to prepare for possible gas shortage as Russia reduces flow

Russia reduced gas flows to Germany, Italy, Austria, the Czech Republic and Slovakia earlier this month.

published on : 2nd July 2022
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