European Commission approves Shell's purchase of BG Group

Last Updated: Wednesday, September 2, 2015, 23:09

The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.

Petronet to raise Rs 1,000 crore through bonds issue

Last Updated: Tuesday, September 1, 2015, 18:57

Petronet LNG Ltd, India's biggest liquefied natural gas importer, will raise Rs 1,000 crore through bonds issue this fiscal mostly to pay off its existing debt.

Petronet LNG appoints Prabhat Singh as MD & CEO

Last Updated: Thursday, July 30, 2015, 18:26

Prabhat Kumar Singh will be the new Managing Director and CEO of Petronet LNG Ltd, India's biggest liquefied natural gas importer.

GAIL to swap US LNG, issue tender next month

Last Updated: Friday, July 17, 2015, 13:32

State-owned gas utility GAIL India plans to swap over one-third of the liquefied natural gas (LNG) it has contracted from US with a gas seller nearer to India to save on transportation costs.

GAIL sells some of its US LNG to Shell

Last Updated: Wednesday, May 27, 2015, 23:23

GAIL (India) Ltd has sold some of its liquefied natural gas (LNG) from the U.S. portfolio to European energy major Royal Dutch Shell ahead of production from early 2018, its head B.C. Tripathi said on Wednesday.

GAIL in talks with Shell to sell US LNG supply

Last Updated: Wednesday, May 20, 2015, 17:06

India`s Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, three sources with knowledge of the matter said.

Shell to raise Hazira LNG plant capacity by 50% in 2016/17

Last Updated: Tuesday, April 28, 2015, 20:05

Hazira LNG Ltd will expand the capacity of its liquefied natural gas (LNG) terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the fiscal year to March 2017, a government panel report said.

India asks Qatar to lower LNG price to match global slump

Last Updated: Monday, April 27, 2015, 14:59

India buys 7.5 million tonnes a year of LNG on a long-term 25 year contract, indexed to a moving average of crude oil price.

Russia to invest $2 bn to build pipeline in Pakistan

Last Updated: Saturday, April 18, 2015, 14:53

Russia will invest a whopping USD 2 billion in Pakistan to build a 1,100-kilometre pipeline from southern port city of Karachi to Lahore to transport liquefied natural gas.

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.

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.

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.