Page 20 - Natural Gas

Brent may test $78 levels: Bhavik Patel of Tradebulls Securities

With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future

India's natural gas consumption starts to stage recovery in June

Gas consumption has returned to its normal level in the last week: Manoj Jain, chairman of GAIL (India)

Working on hydrogen-natural gas synergy, broader role for former: Pradhan

Minister says role of hydrogen to go beyond transport, embrace chemicals, iron, steel, fertiliser and refining, among other areas

Trading strategies for gold and zinc by Tradebulls Securities

Gold has made double bottom around 44,150 and bounced back sharply

Domestic natural gas price kept unchanged at $1.79 per mmBtu for April-Sept

According to officials in the know, this price is applicable on more than 90 per cent of domestic natural gas production

Trading strategies for gold and crude oil by Tradebulls Securities

Range breakout for gold comes above 45,300

Trading strategies for copper and nickel by Tradebulls Securities

For Copper sellers to gain upperhand, they must breach the support of 668 levels

NSE becomes co-promoter in IGX, buys 26% stake in gas trading hub

The exchange has with over 500 registered clients and 15 members

Foresight Group eyeing Shipping Corporation of India for its LNG business

The group, in a consortium with Belgium's Exmar NV and Dubai-based GMS, is a preliminary bidder for the national carrier as govt looks to privatise SCI by selling 63.75% stake

European officials urge World Bank to exclude fossil-fuel investments

Senior officials from Europe have urged the World Bank to expand its climate change strategy to exclude investments in oil- and coal-related projects, and phase out investment in natural gas projects

Deep freeze sends natural gas soaring to record $600 in Oklahoma

Heating and power plant fuel traded for as much as $195 per mmBtu in Southern California

Trading strategies for natural gas and gold by Tradebulls Securities

Natural Gas has made 'shooting star' candlestick pattern at the top end of the swing range and, consequently, retraced back

GAIL bifurcation plan put on hold; firm to monetise pipelines through InvIT

The Oil Ministry has put on hold a plan to bifurcate state-owned gas utility GAIL (India) Ltd so as not to dilute the firm's ability to finance the massive infrastructure building plan

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Commodities outlook & trading strategies by Bhavik Patel of Tradebulls Sec

If silver can break above the $26 level, then it is likely that the market goes looking towards the $27.50 level, and then eventually the $28 level

NextEra Energy posts loss on $1.2 billion Mountain Valley pipeline charge

The natgas pipeline, owned by units of Equitrans Midstream Corp and NextEra, among others, is currently estimated to be in service by late 2021

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel

Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies

EESL to implement 'Energy Efficient PNG Cook Stove' programme across India

State-run Energy Efficiency Services Ltd (EESL) has inked a pact with Petroleum Conservation Research Association (PCRA) for implementation of Energy Efficient PNG Cook Stove (EEPS) programme, across India. The EESL, a joint venture of PSUs under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with PCRA, Ministry of Petroleum & Natural Gas for implementation of the EEPS programme on a pan-India basis, a statement said. The MoU was exchanged in the presence of Tarun Kapoor, Secretary (Petroleum an Natural Gas) and Chairman, PCRA, during the inauguration of SAKSHAM (Sanrakshan Kshmata Mahotsav) Campaign 2021, a month long annual event by PCRA. Under this MoU, the EESL will execute and implement the EEPS programme across India and will collaborate with the PCRA to promote the programme and distribute energy efficient PNG (piped natural gas) based cook stoves to prospective consumers. The EEPS programme, in its first phase, will witness the ..

Essar-Progressive Energy JV to develop UK's first low carbon hydrogen hub

The production hub will deliver clean energy to industry in the HyNet 'low carbon cluster', as well as for domestic and transport purposes

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