With state-run Petronet LNG Ltd announcing its plans to invest in Tellurian Inc’s US Gulf Coast project, energy has cemented its place as the new bridge in the India-US bilateral relationship.
Companies from Royal Dutch Shell Plc to Petronet LNG Ltd. are betting that a super-chilled form of natural gas, and not oil products like diesel.
Petronet LNG Ltd, India’s biggest liquefied natural gas importer, today reported its highest ever quarterly profit in the three months to December 31 as it processed record gas volumes.
Petronet LNG Ltd plans to foray into liquefaction of natural gas in India and has initiated talks with Focus Energy Ltd to set up a small liquefaction unit at the latter’s fields in Rajasthan.
Following the upgrade of India’s sovereign rating to “Baa2”, Moody’s has also upgraded the issuer rating for five government-owned companies in the oil and gas sector to Baa2 from Baa3.
Petronet LNG Ltd is eyeing a stake in the planned LNG expansion projects in Qatar as it looks to venture overseas to diversify its portfolio, its MD and CEO Prabhat Singh said.
India will save about Rs 4,000 crore after it got US energy major Exxon Mobil Corp to lower the price of liquefied natural gas(LNG) after the new rates kick-in from January next year.
India’s biggest gas importer Petronet LNG Ltd wants to build up its liquefied natural gas (LNG) regasification capacity in the east of the country where supply is limited, after focussing till now on the west, the CEO said on Thursday.
Petronet LNG Ltd, India’s biggest gas importer, today reported its highest ever quarterly net profit on the back of processing record volumes of gas.
Public Enterprise Selection Board (PESB) recommended the name of Subhash Kumar, former Director (Finance) at Petronet LNG Ltd, for the post of Director (Finance) at Oil and Natural Gas Corporation (ONGC).