NITI Aayog favours selling all natural gas through the Indian Gas Exchange
Indian Gas Exchange (IGX) was set up two years ago to free up pricing of domestic natural gas. In an interview with Business Standard's S Dinkar, MD & CEO Rajesh K Mediratta shares its journey so far
MCX Crude Oil futures can test the 20-DMA in the near term placed at Rs 7,900-odd level.
The US Energy Information Administration forecast in a report that the consumption of natural gas in the country will average 84.1 billion cubic feet per day in 2022
Soaring energy prices are spooking the markets and nudging countries into looking for more oil reserves. Fracking is one of the ways to extract gas and oil. What it is and why it is controversial?
We see a very bright future for gas in India, said Shell Energy India's Raheja, In terms of long term LNG prices, volatility has been a lot less
German officials said contracts stipulate payment for gas in euros and dollars and that must continue
But Russia does not have an alternative market to deliver its natural gas to, so stopping flows would also hit its income
The energy markets are in a flux and the ideal mix is changing.
The price of gas produced from old regulated fields, such as the nation's largest gas field of Bassein of ONGC, will rise to a record high of $6.1 per mmBtu from the current $2.90 per mmBtu
Western nations have rejected that demand, arguing it would undermine sanctions over the war
EU leaders have already vowed to wean the bloc off its dependence on Russian energy by 2027, but tangible measures still have to be put in place
The lack of storage infrastructure will weaken India's energy security and delay the transition to clean fuel
On the third day of the world's biggest energy conference, the spotlight will pick out natural gas amid debate on its role in the transition to cleaner energy
Last month, Berlin shelved the $11-billion Nord Stream 2 pipeline project
Haryana government has proposed to reimburse 50 per cent of VAT collected on natural gas purchased by MSMEs for a period of two years.
The United States and Europe have promised the toughest sanctions on Russia in response
India has set a target of raising the share of natural gas in its energy basket to 15 per cent by 2030 from the current 6.72 per cent
Surging energy prices and fears of a Russian invasion of Ukraine are making European leaders think hard about energy security particularly their decades-old reliance on Moscow for natural gas.
GAIL will by May 2023 complete a 700-km pipeline from Mumbai to Nagpur, enabling the flow of gas to central India