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Mahanagar Gas top pick among CGDs, Gujarat Gas least preferred: Nomura

Nomura has maintained a 'Reduce' rating on Gujarat Gas Ltd (GGL), citing intense competition in the I&C space, subdued volume growth prospects, and constrained pricing power.

TotalEnergies plans to boost LNG sales from US to India, says CEO

French energy giant TotalEnergies said it plans to increase LNG sales from the US to India and has invested about USD 5 billion in India over the past five years. TotalEnergies Chairman and Chief Executive Officer Patrick Pouyanne also informed that the company has invested a lot in solar and wind in India, particularly with Adani. "Future plans are to continue to develop energy business, of course, to sell more LNG, in particular, from the US. We are the largest US LNG energy exporter...so we can bring more. We also have a big venture in Mozambique with Indian companies. We will intend to restart very soon to provide energy to India. So, that's also a plan. "And then on the renewable side, we continue to support the expansion of Adani Green, which has already a 14 Gigawatt of capacity. So, we will continue to support this growth," he told reporters here after meeting Commerce and Industry Minister Piyush Goyal on June 1. He was replying to a question on what are the company's futu

LNG regulations drive up costs, defer India's gas economy ambitions

Experts question need for Petroleum & Natural Gas Regulatory Board to mandate registration of LNG import terminals

Oil regulator mandates LNG terminal registration, scraps carrier rule

The oil regulator has made it mandatory for companies planning to establish new liquefied natural gas (LNG) import terminals or expand existing ones to obtain prior approval, but dropped the requirement to reserve a portion of the terminal capacity for third-party access. The Petroleum and Natural Gas Regulatory Board (PNGRB) has notified Registration for Establishing and Operating Liquefied Natural Gas Terminals Regulations, 2025. "These regulations lay down a robust framework focused on registration and oversight of LNG terminals, (and) promotion of competition among entities and prevention of infructuous investments," the regulator said, adding that the rules are a step in alignment with India's vision of increasing the share of natural gas to 15 per cent in the energy mix by 2030. The norms also seek to ensure equitable and adequate natural gas availability across the country, protection of consumer interests through improved access and supply reliability, and facilitate ...

Only BS-VI CNG goods vehicles to enter Delhi from Nov 2025, Centre tells SC

Only BS-VI CNG, LNG, EV goods vehicles to be allowed into Delhi from November 1, 2025; ban will not apply to vehicles registered in Delhi, Centre tells SC

Indian Oil to import LNG under 5-year agreement with US-based Trafigura

India is seeking to increase its energy purchases from the United States to address trade imbalances with the world's largest economy

Adani Total Gas Q4FY25: Net profit declines 7.9% to ₹154.59 crore

During the same period, the city gas distributor's revenue from operations rose 15.4 per cent to ₹1,453.37 crore, because of higher volume and sales realisation

GreenLine, Bekaert partner to drive sustainable logistics with LNG trucks

Essar venture GreenLine Mobility Solutions on Thursday said it has joined hands with tire reinforcement technology company Bekaert to decarbonise road logistics. The partnership was flagged off with the deployment of GreenLine's LNG-powered trucks at Bekaert's Ranjangaon plant in Maharashtra, marking the beginning of a pilot phase, the company said in a statement. The pilot phase aims to significantly reduce the carbon footprint of Bekaert's logistics operations. The partnership will support India's vision of a gas-based economy, the statement said. Each GreenLine LNG truck is expected to reduce up to 24 tonnes of CO2 emissions annually, contributing to Bekaert's ambition of becoming carbon net-zero by 2050 and achieving 65 per cent of sales from sustainable solutions. "At GreenLine, we are proud to offeran integrated ecosystem - from LNG refuelling to real-time telematics - that empowers our partners to make meaningful progress on their net-zero goals," Anand Mimani, CEO of Green

Govt plans cheap gas lifeline for LNG trucks; aims to revive closed outlets

Indian Oil, the largest operator of LNG truck outlets, has shut five of its six outlets for lack of business, with only one in Sriperumbudur, an industrial area outside Chennai, still operational

Trump tariffs: With crude off the table, US nudges India towards LNG

Importers signal willingness, but warn of drawn-out talks

ONGC Videsh expects headway in Mozambique offshore LNG project rollout

Covering 2.6 million acres, the Mozambique Rovuma Area-1 Offshore project will see integrated gas fields development and has estimated recoverable reserves of 75 trillion cubic feet of natural gas

L&T bags biggest order till date for offshore units from QatarEnergy LNG

L&T secures largest order till date from QatarEnergy LNG to commission two offshore compression complexes

India shifting towards LNG term contracts despite falling spot prices: S&P

Asian importers have historically used oil slopes, calculated as a percentage of crude oil prices, as a proxy to price LNG contracts from a time when the LNG market was nascent

China's military expansion threatens Taiwan's LNG supply routes: Report

In a bulletin published on the National Defence and Security Research's website on Thursday, Huang Tsung-ting indicated that China could potentially disrupt Taiwan's energy sources

Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth

Demand for natural gas continues to rise globally as the world transitions to cleaner fuels

Europe should replace Russian LNG with Qatari supply, IEA director

The global LNG market is expected to remain tight until 2027, when a wave of new projects in Qatar, the US and elsewhere will bring fresh supply online

France's TotalEnergies signs 10-year agreement with GSPC for LNG supply

The deal with the Indian state-owned firm was announced on the sidelines of India Energy Week, and amounts to six LNG cargoes per year destined for mostly industrial customers

HPCL signs agreement for sourcing LNG for NTPC, says Chairman Narang

HPCL owns a 5 million tonnes per year LNG import terminal at Chhara in western India. Under the pact, NTPC will either book capacities at the terminal or hire LNG tankers there

PM Modi's gas goals hampered by country's $67 billion infrastructure gap

India aims to more than double the share of gas in its energy mix to 15 per cent by 2030, but for about a decade the share has remained static at less than half that level

GAIL revives plan to buy US LNG as Trump ends ban on export permits

GAIL had to stall its 2023 process to buy a stake of up to 26 per cent in an LNG plant in US after then-President Biden paused approvals for pending and future applications to export LNG