India 'throws up' investment opportunities for Qatar investors

Last Updated: Wednesday, March 25, 2015, 20:38

India today invited investors from energy-rich Qatar to invest in sectors like railways, defence production, infrastructure, retail and development of Liquefied Natural Gas (LNG) terminals.

Petronet top post: GAIL directors, Oil India Chairman in race

Last Updated: Wednesday, March 25, 2015, 17:28

About a dozen candidates, including top directors at gas utility GAIL India and Chairman of Oil India, are in the race to become the Managing Director and CEO of Petronet LNG, the nation's biggest liquid gas importer.

Petronet CEO not to get extension; Oil Min looks for new CEO

Last Updated: Wednesday, March 4, 2015, 17:54

The Oil Ministry has decided not to extend tenure of Petronet LNG Ltd's CEO A K Balyan till his superannuation in July 2016 and has instead begun search for the new head of the India's largest liquefied natural gas (LNG) importing firm.

GAIL drops plan to set up LNG terminal at Paradip

Last Updated: Tuesday, March 3, 2015, 18:05

GAIL India, the nation's largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha.

GAIL LNG tender to ferry gas from US finds no bidder

Last Updated: Thursday, February 19, 2015, 14:23

After postponing tender deadline thrice and also one year later, state-owned gas utility GAIL India Ltd has not found any bidder for its USD 7 billion tender to hire newly-built LNG ships to ferry gas from the US.

OilMin moves proposal to pool gas price for fertiliser plants

Last Updated: Wednesday, February 18, 2015, 18:34

After power, the Oil Ministry has moved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertilizer plants to make the cost of fuel uniform and affordable.

Stable policy regime must for investments in gas sector: Expert

Last Updated: Wednesday, February 18, 2015, 14:24

Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors.

Australian LNG to cost nearly half the price of Qatar gas

Last Updated: Tuesday, February 10, 2015, 15:43

India will start importing natural gas (LNG) from Australia by end of the year at a rate which will be about 40 percent less than the price of its current shipments from Qatar on a long-term contract.

US support Congress move to speed up LNG export license

Last Updated: Saturday, January 31, 2015, 09:06

In a development that could benefit India's effort to import natural gas from the US, the Obama Administration has supported the Congress to approve or deny permits for shipments of Liquefied Natural Gas to Non-Free Trade Agreement countries in 45 days.

Shell,GDF ink pact to take 26% stake each in GAIL LNG terminal

Last Updated: Thursday, January 15, 2015, 14:05

Royal Dutch Shell, Europe's largest oil firm, and French firm GDF Suez have signed a pact to take 26 percent stake each in GAIL India Ltd's proposed 'floating LNG import terminal' at Kakinada in Andhra Pradesh.

IOC yet to start work on Rs 5,150-cr LNG project

Last Updated: Monday, January 12, 2015, 18:43

State-owned Indian Oil Corp (IOC) Monday said it is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu.

Adani Group, Woodside sign pact on LNG sourcing and marketing

Last Updated: Sunday, January 11, 2015, 19:01

Business conglomerate Adani Group has signed an agreement with Australian energy major Woodside for sourcing of LNG as well as cooperation in oil and gas exploration and production.