CITY GAS DISTRIBUTION

The Jagdishpur-Haldia-Bokaro-Dhamra Pipeline, part of the Urja Ganga project, connects refineries and has a significant transmission capacity, supporting gas supply to eastern states. Despite delays, the project aims to make gas more affordable and ...

India's oil and gas sector is forecasted to have mixed fiscal performance in FY24, with downstream profits expected to decline while upstream growth remains robust, driven by a 3-4% increase in petroleum product demand for FY25. Diesel and petrol wi...

"With the exponential growth being witnessed in the electric vehicle market, demand for batteries has risen significantly. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially whe...

Megha City Gas Distribution (MCGDPL), a wholly-owned subsidiary, has decided to consolidate operations and reached out to state-run Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Indraprastha Gas, among other players. It ventur...

RIL aims to expand its market share in aviation turbine fuel (ATF) by accessing pipelines at major Indian airports like Delhi, Mumbai, Bengaluru, Hyderabad, Kochi, and Lucknow, competing with state-owned firms like Indian Oil Corporation (IOC), Bhar...

"The introduction of ssLNG contracts on IGX aims to address the growing gas demand from industries and CGD (City Gas Distribution) companies that do not have access to pipeline networks," IGX said in a statement.

Gas stocks have been underperforming the market for quite some time. The argument against them has been multifold, right from stagnation in terms of volume growth, companies not being able to expand in newer areas and the latest one being the threat...

The combined entity will be valued at over $1.1 billion, acquiring the heft that will help it compete with rivals. It will be a stock-for-stock merger — a share of one company for each of the other. Currently, I-Squared holds 100% stake in Think Gas...

AG&P Pratham has announced a price cut of Rs 2.5 per kilogram in compressed natural gas sold at its outlets in Kerala and Andhra Pradesh. The reduction took effect from March 7. The price of CNG sold at Thiruvananthapuram, Alappuzha, and Kollam is n...

The end of MGL's monopoly in Mumbai and VGL's exclusivity in Vadodara could increase competition and affordability for natural gas customers. City gas companies profit from CNG but the government wants to expand piped natural gas to households.

Monopoly over licensed areas for too long has ensured strong profits for city gas companies. Listed city gas companies have routinely shown far higher returns on investments than natural gas producers or refiners. “The fact of the matter is if you h...

Indraprastha Gas Ltd (IGL) announced plans to establish 19 compressed biogas (CBG) plants to integrate with its city gas distribution network. According to the company's statement, IGL has entered into preliminary agreements with two technology part...

While PNG has gained currency in the last few years after PNGRB expanded city gas networks to most parts of the country, sizable households continue to use either LPG or conventional fuels like firewood and cow dung for cooking. India is about 50 pe...

Eight entities submitted bids for 6 GAs. Six bids came in for Meghalaya, four for Sikkim, four for Nagaland, three for Manipur, two for Arunachal Pradesh, and one for J&K. No bid was received for Ladakh.

The Chairperson briefed the CM about the progress of Oil & Gas Infrastructure in the state of Assam and role that Assam is playing towards realising the Prime Ministers vision for creation of Gas based economy.

Tokyo Gas, Japan's largest city gas provider, is in the running to acquire a minority stake in Think Gas Distribution, an Indian natural gas supplier owned by private equity fund I Squared Capital. The potential investment involves Tokyo Gas purchas...

City gas distribution company Torrent Gas Limited has announced the appointment of Manoj Jain as its Managing Director, effective from January 1, 2024. Prior to this role, Manoj Jain served as the Chairman and Managing Director of GAIL (India) Limit...

The Petroleum and Natural Gas Regulatory Board (PNGRB) is prioritizing consumer protection, and it plans to take strict action against city gas companies failing to meet household demand for new connections or supplies, according to PNGRB's chairman...

Petroleum and Natural Gas Regulatory Board (PNGRB) offered seven geographical areas (GAs) of Arunachal Pradesh, Meghalaya, Manipur, Nagaland, Sikkim, Union territory (UT) of Jammu & Kashmir and Ladakh under the 12th city gas distribution (CGD) biddi...