LNG
Total will buy up to 25.2 per cent in Adani Gas from public shareholders at 149.63 rupees per share, representing an 8.7 per cent premium to the stock’s last close and valuing the stake at 41.47 billion rupees (USD 585 million). It will also buy another 12.2 per cent stake from the Adani family at an undisclosed price, according to stock exchange filings.
Energy giant Total to buy 37 per cent stake in Adani Gas
14 Oct 2019 3:31 PM

Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.

Oil minister Dharmendra Pradhan said energy is integral to achieving the target of early doubling the size of Indian economy to USD 5 trillion by 2024. (Photo: File)
USD 60 billion investment coming in gas infrastructure: Pradhan
13 Oct 2019 6:26 PM

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil Minister.

I always talk about EVs such as cars, bikes, and buses. Now, it has started naturally. There is no need to make it mandatory, said Union Minister Nitin Gadkari. (Photo: File)
No need to ban petrol, diesel vehicles; EVs picking up momentum naturally: Gadkari
23 Sep 2019 6:25 PM

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin Gadkari.

Petronet LNG on Sunday evening in a regulatory filing said it had signed a "non-binding" MoU with Tellurian at Houston, USA. "The process is subject to due diligence and approval of respective Board of Directors," it had said. (Photo: File)
Petronet Board disfavoured USD 2.5 bn US LNG deal in Apr; signs non-binding MoU now
23 Sep 2019 6:09 PM

Petronet signed a MoU with Tellurian "wherein Petronet and its affiliates intend to negotiate the purchase of up to 5 mtpa of LNG.

Crude oil imports into India consumer declined 1.2 per cent from a year earlier to 19.34 million tonnes, but increased 14.6 per cent from the previous month. (Photo: File | Representional)
India's petrol imports in July hit highest in at least eight years
22 Aug 2019 3:01 PM

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

Oil minister Dharmendra Pradhan said transport remains the most demanding sector for oil and such a wide base of automobiles will need a combination of fuels.
No plan to completely ban petrol and diesel vehicles: Dharmendra Pradhan
17 Jul 2019 12:40 PM

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

  • « First
  • « Previous
  • 1
  • Next »
  • Last »

1 of 1