GAIL and Coal India Limited have floated an Expression of Interest for shortlisting licensors of coal gasification technology for a proposed synthetic natural gas plant in West Bengal. The project, valued at Rs 13,052 crore, aims to use coal from Eastern Coalfields Ltd. The last date for EoI submission is October 15.
16 Sep, 2024, 06:42 PM IST
The Andaman & Nicobar Islands administration has requested the union power ministry to reconsider a shelved 50-MW LNG-based power plant. They also proposed an alternative HVDC line connection from the mainland. The region seeks a stable power supply to meet growing demand, following NTPC's announcement of another LNG plant for Great Nicobar Islands.
11 Sep, 2024, 11:18 PM IST
Ukraine's strategic natural gas pipelines, spanning over 22,000 kilometers, may become stranded as the transit agreement with Russia is unlikely to be renewed before it expires in December.
11 Sep, 2024, 10:04 AM IST
India and the UAE have signed an MoU to secure critical mineral supply chains. The agreement involves cooperation in mineral exploration in third countries, aiming to enhance supply chain resilience. This initiative is part of broader efforts under the India-Middle East-Europe Economic Corridor framework.
10 Sep, 2024, 11:43 PM IST
The Abu Dhabi National Oil Company has signed a 15-year agreement to supply Indian Oil with 1 million metric tons of liquefied natural gas annually. The LNG will primarily come from ADNOC's Ruwais project, which is set to start production in late 2028 and will significantly increase the company's LNG capacity.
09 Sep, 2024, 03:46 PM IST
Linde India shares surged 6.1% to Rs 7,641.60 following the company's announcement that it has signed a plant sale agreement with Tata Steel to acquire their industrial gas supply assets.
05 Sep, 2024, 12:22 PM IST
The sixth Annual General Meeting of Indradhanush Gas Grid Limited, a Joint Venture Company of major petroleum PSUs, was held in Guwahati. Chairman Anfor Ali Haque thanked shareholders for their support in implementing the North East Gas Grid Project. Despite challenges, IGGL achieved 82.80% progress towards laying a 1656 km pipeline. Significant milestones include completing Horizontal Directional Drilling across major rivers and signing key agreements for a sustainable gas-based economy in the North East region. 27 Aug, 2024, 10:45 PM IST
Hydrogen's promise as a clean fuel has led to plans for 1,600 plants globally. Yet, most lack firm buyers, with only 12% having secured agreements. 19 Aug, 2024, 09:43 AM IST
Russian natural gas continues to flow through Ukraine’s pipeline network to Europe despite the ongoing conflict and sanctions. This gas, passing through the Sudzha measuring station, supplies Austria, Slovakia, and Hungary. The pre-war transit agreement between Russia and Ukraine remains in effect until the end of the year. 15 Aug, 2024, 03:36 PM IST
Coal India Ltd and GAIL (India) Ltd have agreed to establish a coal-to-synthetic natural gas plant in Raniganj, West Bengal, using surface coal gasification technology. The plant will have a capacity of 633.6 million Nm³ per hour and will use 1.9 million tonnes of coal. 07 Aug, 2024, 12:22 AM IST
The commerce ministry finalises IPEF clean and fair economy notes, with India skipping the trade pillar. Focus areas include greenhouse gas mitigation, sustainable agriculture, decarbonising transport, anti-corruption, and tax transparency. IPEF nations (40% GDP, 28% trade) target supply chain resilience, critical production shift, cabinet notes completion, emission barriers reduction, and low-carbon financing. Caution against subsidised agriculture imports. 17 Jul, 2024, 11:24 PM IST
Oil prices remained steady on Tuesday, balancing concerns over China's economic recovery, tensions in the Middle East, and Ukrainian attacks on Russian refineries. 25 Jun, 2024, 07:15 AM IST
India, the US, and a dozen other nations are poised to sign a Clean Economy Agreement under the Indo-Pacific Economic Framework, aimed at meeting climate objectives through collaborative financing. The agreement, to be signed at a Singapore meet, focuses on improving market conditions and reducing barriers for low-carbon projects. While the pact is in its final stages of approval, experts caution against allowing imports of genetically modified seeds and foods under the guise of food security. 06 Jun, 2024, 12:00 AM IST
SN Goel discusses the positive factors for FY25, including high demand, improved coal supply, and lower prices. The market is expected to see growth driven by increased liquidity and policy initiatives. Goel further says , this year market share will be around 85% plus. And in the DAM and RTM market, they have about 99% plus market share. 23 May, 2024, 02:58 PM IST
Singapore and Kazakhstan strengthen economic ties, enhancing India's role as a link between Southeast Asia and Eurasia. Kazakhstan's transport initiatives and Singapore's expertise create new business opportunities. The countries sign agreements to boost trade and investment, with Singapore investing in Kazakhstan's economy. Cooperation focuses on innovation and digitalization for mutual benefit. 23 May, 2024, 02:17 PM IST
The Philippines and the United States agreed to train Filipinos in building and operating nuclear power plants to boost the Southeast Asian country's electricity supply. Following a November nuclear cooperation agreement, the new deal will offer scholarships and exchange programs for Filipinos to study civil nuclear power and renewable energy. This initiative aims to develop a skilled workforce for clean energy infrastructure. Philippine President Ferdinand Marcos is determined to adopt nuclear power, including potentially reviving a mothballed $2.2 billion plant. 21 May, 2024, 11:59 AM IST
Indian delegation visits UAE to discuss the India-Middle East-Europe Economic Corridor (IMEEC) within 3 months of signing the Framework Agreement. Both sides prioritize cooperation and empowerment for the strategic project aiming at efficient supply routes, cost reduction, job creation, and reducing greenhouse gas emissions. 18 May, 2024, 01:28 PM IST
Deliveries to start from Kakinada from Q4 of CY26, Industry sources say contract size expected to be $1.5-$1.8 bn over 10 years. 5GW of renewable power and pump storage in Andhra Pradesh to back production 14 May, 2024, 12:07 AM IST
OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from the wider OPEC+ group. 09 May, 2024, 09:10 PM IST
India's government has ordered all gas-based power generating stations to operationalize their plants from May 1 to June 30 due to a potential prolonged heat wave this summer. The ministry has projected a peak power demand of 260 GW, a record high from September last year. The decision is part of a series of measures to meet summer electricity demand. The order will remain valid for generation and supply from May 1, 2024, to June 30, 2024. 13 Apr, 2024, 01:07 PM IST
Global forum in Geneva shifts focus to methane emissions, a significant contributor to rising greenhouse gases. Efforts to cut methane from various sources could prevent significant warming, but key countries like China and India have yet to join the Global Methane Pledge. 18 Mar, 2024, 01:35 PM IST
Torrent Power has been awarded a contract to supply electricity from its gas-based plant during the high power demand period. It is part of the government's Crunch Period scheme to overcome power demand during summer months. The company has a presence across the power value chain and is also involved in renewable projects. 01 Mar, 2024, 10:14 PM IST
Pakistan's Interstate Gas Systems (Pvt) Ltd is set to execute the project, which will be funded through the Gas Infrastructure Development Cess (GIDC). The statement emphasised the significance of the project for enhancing the energy security of Pakistan and instilling confidence in the local industry through improved gas supplies. 24 Feb, 2024, 02:27 PM IST
Deepak Fertilisers and Petrochemicals Corporation shares surged 10% to Rs 546 in Tuesday's intraday trade on BSE after the company entered into a long-term supply agreement for Liquefied Natural Gas (LNG) with Norway-based Equinor. 20 Feb, 2024, 12:01 PM IST
To limit temperature rise, humanity must rapidly transition away from fossil fuels, halve emissions by 2030, transform energy systems, economies, agriculture, and transport, halt deforestation, and protect natural carbon sinks. Without urgent action, global emissions will surpass the safety limits of the Paris climate agreement. 09 Feb, 2024, 10:23 PM IST
Russia-China ties may be tested over the delay in construction of the mega 'Power of Siberia 2' gas pipeline. Russia seeks better financial terms from China, casting a shadow over bilateral ties. Mongolia pushes for an early conclusion of the pipeline deal. China bargains for favorable gas prices. 31 Jan, 2024, 08:36 AM IST
Suresh P Manglani, Executive Director & CEO of ATGL, said, "We are fully committed to providing clean energy solutions to our customers and to help them achieve their decarbonization goals, thus actively contributing towards India's climate action goals." 27 Dec, 2023, 08:37 PM IST
Qatar has secured its largest and longest European gas supply deal, providing France with up to 3.5 million metric tons of LNG per year for 27 years. The supply agreements were signed between affiliates of QatarEnergy and TotalEnergies, and deliveries are expected to start in 2026. Asia has been ahead of Europe in securing supply agreements from Qatar's expansion plan, but the French agreements demonstrate Qatar's commitment to the European market. 11 Oct, 2023, 02:30 PM IST
“We must make sure that the energy transition is both rapid and orderly,” BP CEO Bernard Looney told the B20 summit. “It needs to be rapid because every year since Paris (climate agreement), the emissions have risen in the world with the exception of the pandemic,” Looney said, adding that if the transition is not orderly, it would “impact the pace of the transition”. 26 Aug, 2023, 05:42 PM IST