Natural Gas News
Assam Well Blowout: What are the reasons behind the gas leak in Sivasagar? An expert decodes
Assam Well Blowout: A gas blowout at ONGC's Bhatiapar well in Assam's Sivasagar district poses manageable risks, unlike the catastrophic 2020 Baghjan incident. ONGC said it is mobilising experts to control the situation safely. CM Himanta Biswa Sarma has urged quicker action, citing local concerns.
2 min read19 Jun 2025Stock to buy: Maharatna oil PSU ONGC could rise 14% in 1 month, predicts Anand Rathi. Here's why
Stock to buy: Indian brokerage firm Anand Rathi predicts that ONGC shares could provide a 14% upside in the upcoming one-month period. Shares of the PSU oil producer closed lower after Tuesday's stock market session.
2 min read17 Jun 2025Energy security: India needn’t be staring at a $1 trillion import bill
The country needs to move quickly to eliminate hurdles in the way of reducing its growing dependence on oil and gas shipments. To attract private capital from across the world and exploit local reserves, we should re-explore production sharing contracts, especially for high-risk basins.
5 min read27 May 2025ONGC Q4 Results: PSU Oil major's net profit drops 20% YoY to ₹8,856 crore, final dividend of ₹1.25/share declared
PSU giant ONGC's net profit dropped 20% to ₹8,856 crore in the Jan-Mar quarter results released on 21 May 2025. The Oil major also declared a final dividend issue along with its fourth quarter results. Shares closed lower ahead of the announcement.
2 min read21 May 2025Crown LNG bets on enhanced India-US energy ties; to scale up India operations
Crown LNG is setting up an offshore terminal in Kakinada and potentially another in Haldia. The company aims to benefit from growing US-India energy trade, with an initial capacity of 4 million tonnes and a project cost of $1.1-$1.2 billion.
3 min read26 Feb 2025Inox Group companies prepare for semiconductor boom, LNG growth prospects in India
Inox Air Products is focused on developing production capabilities for 40 gases, currently imported, that are needed for the semiconductor sector. The biggest opportunity for Inox India is in building LNG facilities.
4 min read20 Feb 2025ONGC considers foraying into regasified LNG biz as demand for natural gas rises
There has been a major policy focus on LNG amid India's energy transition journey as it is considered to be a cleaner fuel compared to crude oil. The government aims increase the share of natural gas in the country's energy basket from 7% currently to 15% by 2030.
3 min read11 Feb 2025Auto component maker Phinia explores making alternative fuel systems in India on rising CNG demand, says CTO
The company viewed India's rising CNG demand as a stepping stone towards adopting alternative fuels that reduce vehicular emissions.
3 min read24 Jan 2025MRPL partners ISPRL for cost-effective crude oil storage facility
Mangalore Refinery and Petrochemicals Ltd has entered into an agreement to store its crude oil in the caverns of the Indian Strategic Petroleum Reserves Ltd.
2 min read7 Jan 2025America’s big natural-gas footprint is about to get even bigger
Drillers are looking ahead to new export hubs and easier regulations under the coming Trump presidency.
2 min read26 Dec 2024