Page 5 - Petronet Lng

Nifty outlook and stock picks by Sameet Chavan: Buy Petronet, sell UBL

In the last couple of sessions, Petronet's stock prices witnessed a good traction and, importantly, it's backed by the more than average daily volumes

Global spot LNG prices have come back to affordable levels: Petronet LNG

The company is India's largest LNG importer and is aiming for more long-term deals in the next 10 to 15 years, says it CEO

Petronet LNG reports Rs 882 crore consolidated profit for third quarter

The rise in profit is despite consolidated total income declining to Rs 7427.90 crore during the period under review from Rs 8994.39 crore in the comparable period

India will double pipeline network in the next six years: PM Modi

GAIL's Kochi-Mangaluru pipeline commissioned; Boost for Petronet LNG's Kochi terminal

Covid-19, gas price crash may push back PLL's $2.5-bn deal with Tellurian

The deal would have to be renegotiated given the current market prices or shelved, according to government sources

Top headlines: Modi defends farm bills, HSBC, StanChart shares at 22-yr low

From PM Modi again defending farm bills amid Opposition protests, Petronet buying LNG cargo to gold smuggling dropping due to coronavirus, Business Standard bring you the top headlines of the day

India's Petronet buys LNG cargo for delivery in November: Report

etronet bought the cargo which is for delivery to either Dahej or Kochi LNG terminal over Nov. 17-22 at about $4.80 per million British thermal units

Petronet gives outgoing CEO 27% hike in FY20; launches search for new chief

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020)

Petronet net profit slips 7% in Q1 at Rs 520.23 crore, revenue falls 43%

Revenue fell 43 per cent to Rs 4951.9 crore in the first quarter of the current 2020-21 fiscal

Petronet LNG gains 5% after June quarter earnings, pares gain later

Total revenue during the quarter came in at Rs 4,951.95 crore, down 43 per cent YoY.

India's Petronet close to signing long-term LNG deal around spot prices

Petronet had in February sought bids from suppliers for 1 million tones of LNG per year for 10 years, starting 2024

GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered

Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.

Indian LNG importers issue force majeure notices as gas demand slumps

Top gas importer Petronet LNG has served a force majeure notice on Qatargas and is seeking delayed delivery of cargoes.

Manikaran Power becomes the first member of India's gas trading platform

Manikaran Power Ltd joins hands with Indian Gas Exchange

IEX to launch trading platform Indian Gas Exchange; norms yet to be framed

IGX will be offering a spot contract for the day ahead market, which means gas will be physically delivered the next day

Better consumption brightens growth prospects of gas utility companies

Fertiliser and city gas segments set to fuel growth; power demand may revive soon

Petronet LNG climbs over 6% as Q2 net profit surges 90% YoY

The company's board of directors also approved special interim dividend of Rs 5.50 per share for 2019-20 fiscal year.

Petronet LNG Sep-quarter net grows 90% on lower tax to Rs 1,089 crore

Revenue from operations, however, slipped to Rs 9,361.18 crore from Rs 10,745.34 crore in the second of the previous fiscal year

Petronet-Tellurian deal: Is LNG risky for India? Explained in 5 charts

Based on industry estimates, this LNG could cost upwards of $5 per million metric British thermal unit (mmBtu).

Petronet LNG allays Street's concerns on hydrocarbon investments in US

Details about deal size will be finalised by March, could stretch the company's balance sheet if it goes solo