Gas And Oil Projects

India's gas demand at inflexion point, to rise by 66% in 5 years: Report

Gas demand is expected to rise from 148 million standard cubic meters per day in 2018-19 to 250 mmscmd by FY25, Elara Securities said in a report

GAIL to invest Rs 1.05 trn to create infrastructure for gas-based economy

India currently consumes some 160 million standard cubic meters of gas per day and the consumption has to rise to 600 mmscmd to reach 15 per cent share in the energy mix

Centre's ambitious oil & gas output target hits environment hurdle

Several assets under the discovered small fields rounds (DSF I & II) and open acreage licensing policy (OALP) are facing hurdles in getting clearances from environment departments

India and Nepal open South Asia's first cross-border oil pipeline

Indian Prime Minister Narendra Modi and his Nepal counterpart K.P. Sharma Oli joined the inauguration ceremony by video link from their respective capitals

GAIL loses steam as financial, operational challenges tapers growth

Concerns over placement of the high-priced US gas contracts remain, even though GAIL has consistently met with success in placing them and reporting good numbers

Govt mulls spinning off GAIL's gas pipeline business into a separate unit

The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses and may allow govt to sell shares at a later date

Global investment in oil & gas production may reach around $425 bn: Report

A handful of the world's top oil companies, including U.S. giants Exxon Mobil and Chevron, said they would boost spending next year as they accelerate developments of highly-productive shale fields