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Page 13 - Lng

Coal India starts project to replace diesel with LNG in dumpers

Coal India, the country's biggest coal miner, is retrofitting its diesel-engine trucks used in mines with liquefied natural gas (LNG) kits to cut its carbon footprint and save fuel costs

Coal India starts project to replace diesel with LNG in dumpers
Updated On : 01 Sep 2021 | 7:32 PM IST

Coal India starts pilot project to replace diesel with LNG in dumpers

State-owned CIL said it has begun the process of retrofitting LNG kits in dumpers -- big trucks engaged in transportation of coal, a move that will help the PSU to save around Rs 500 crore annually

Coal India starts pilot project to replace diesel with LNG in dumpers
Updated On : 01 Sep 2021 | 12:51 PM IST

India's new LNG plant starts next year, to boost import capacity by 12%

New demand for LNG from India is expected to support Asian gas prices which rose to record highs earlier this year, partly aided by the transition from coal or oil to gas in developing countries.

India's new LNG plant starts next year, to boost import capacity by 12%
Updated On : 25 Aug 2021 | 6:06 PM IST
Facing energy crunch, Pakistan buys LNG cargoes at highest rates since 2015
Updated On : 31 Jul 2021 | 8:09 AM IST

India's H-Energy signs LNG deal with Bangladesh's state-run Petrobangla

Both firms will finalise a long-term supply agreement to start the supply of LNG to Bangladesh through a cross-border natural gas pipeline

India's H-Energy signs LNG deal with Bangladesh's state-run Petrobangla
Updated On : 17 Jun 2021 | 8:36 AM IST

India grapples with LNG oversupply as coronavirus dashes demand

At least three companies have asked to delay shipments slated for May and June delivery, according to traders with knowledge of the matter

India grapples with LNG oversupply as coronavirus dashes demand
Updated On : 18 May 2021 | 6:46 PM IST

Shell raises its dividend for second time in six months as profits surge

Sales of oil and gas assets in countries including Nigeria, Canada and Egypt added $1.4 billion to first-quarter profits

Shell raises its dividend for second time in six months as profits surge
Updated On : 30 Apr 2021 | 12:48 AM IST

Gas-fired stocks to charge ahead as demand for cleaner fuels rises: Experts

Rising availability and demand for cleaner fuels will aid growth

Gas-fired stocks to charge ahead as demand for cleaner fuels rises: Experts
Updated On : 25 Mar 2021 | 12:46 AM IST

Different contract types can ease LNG price volatility: Shell Asia's Shah

Shell India bullish on Indian LNG and natural gas demand

Different contract types can ease LNG price volatility: Shell Asia's Shah
Updated On : 05 Mar 2021 | 10:50 PM IST

Asia seen driving 75% of LNG demand growth by 2040: Shell LNG outlook

Significant demand-supply gap seen opening in middle of current decade; China and India led LNG demand growth in 2020

Asia seen driving 75% of LNG demand growth by 2040: Shell LNG outlook
Updated On : 25 Feb 2021 | 7:27 PM IST

Global LNG demand expected to almost double by 2040 - Shell

Asia is expected to drive nearly 75% of LNG demand growth to 2040

Global LNG demand expected to almost double by 2040 - Shell
Updated On : 25 Feb 2021 | 6:45 PM IST

Cheaper natural gas pushes IGL's Q3 consolidated net up 28% to Rs 382 cr

Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations

Cheaper natural gas pushes IGL's Q3 consolidated net up 28% to Rs 382 cr
Updated On : 10 Feb 2021 | 8:30 PM IST

Attractive LNG prices to boost India's plan on gas-based economy

India's efforts to build a gas based economy is set to get a boost from the falling spot LNG prices

Attractive LNG prices to boost India's plan on gas-based economy
Updated On : 22 Jan 2021 | 1:48 PM IST

Harsh winter in key markets drives spot LNG prices in Asia to record levels

Spot LNG in Asia is highly sensitive to marginal demand in Japan, Korea and China, where heating load has gone up significantly. Emergency buying by Japanese power firms is driving prices up

Harsh winter in key markets drives spot LNG prices in Asia to record levels
Updated On : 19 Jan 2021 | 12:30 AM IST

TOTAL France to acquire 20% stake in Adani Green Energy for $2.5 bn

As part of the current deal, TOTAL will pick up a 50 per cent stake in a 2.35 GW portfolio of operating solar assets owned by AGEL and a 20 per cent stake in AGEL for a global investment of $2.5 bn

TOTAL France to acquire 20% stake in Adani Green Energy for $2.5 bn
Updated On : 19 Jan 2021 | 12:08 AM IST

IGX eyes 5% of total spot LNG and domestic gas trade on its exchange

Since its launch in June 2020, some 2 million standard cubic meters a day (mscmd) of natural gas have been traded on the Gas Trading Platform; current demand in India is around 160 mscmd

IGX eyes 5% of total spot LNG and domestic gas trade on its exchange
Updated On : 11 Jan 2021 | 11:42 PM IST

Shell to write down assets again, taking cuts to more than $22 billion

Shell said the post-tax charge was due in part to impairments on its Appomattox field in the US Gulf of Mexico

Shell to write down assets again, taking cuts to more than $22 billion
Updated On : 21 Dec 2020 | 3:26 PM IST

India, Qatar set up task force to identify projects for investment

India and its biggest LNG supplier Qatar on Friday agreed to set up a task force to identify projects in India for investment by the gas-rich Gulf nation, Oil Minister Dharmendra Pradhan said. India imports 8.5 million tonnes per annum of gas in its liquid form (LNG) from Qatar under a long-term contract. It also buys LPG to meet the fast-expanding cooking gas requirements in the country. "Had a telecall with HE Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs and President & CEO Qatar Petroleum on promoting Qatari investments in the entire energy value chain in India," Pradhan tweeted. The call, he said, was a follow-up to Prime Minister Narendra Modi's discussion with the Emir of Qatar, Sheikh Tamin bin Hamad Al-Thani on December 8. "Minister Al-Kaabi and I have agreed to set up a Task Force on Energy, represented by VP of Qatar Petroleum and a senior officer from @PetroleumMin to identify specific projects in India's energy sector for Qatari investments," he .

India, Qatar set up task force to identify projects for investment
Updated On : 11 Dec 2020 | 6:32 PM IST

Gujarat State Petroleum seeks LNG cargo for January delivery: Report

India's Gujarat State Petroleum Corp is seeking a LNG cargo for delivery in January, two industry sources said

Gujarat State Petroleum seeks LNG cargo for January delivery: Report
Updated On : 18 Nov 2020 | 10:58 AM IST

India's refinery throughput recovers in Sep, LNG imports rising: Ind-Ra

The ratings agency's October 2020 credit digest edition highlighted an increase in LNG imports

India's refinery throughput recovers in Sep, LNG imports rising: Ind-Ra
Updated On : 14 Nov 2020 | 7:06 PM IST