Search For "gas market"
Natural gas trade saw 50% monthly jump in January as prices fall
Updated : 1 month, 1 week ago IST
Trading volumes on the Indian Gas Exchange (IGX) climbed to 8.4 million Metric Million British thermal units (MMBtu), which is about 212 million standard cubic meters. This represents a 50 per cent increase over the previous month and a 17 per cent increase from the same period last year.
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Petronet LNG, ONGC sign 5-year regasification agreement for Dahej terminal
Updated : 1 month, 2 weeks ago IST
Petronet LNG Limited (PLL) and Oil and Natural Gas Corporation (ONGC) Limited have entered into a Master Regasification Agreement (MRA) under which PLL shall provide LNG regasification services to ONGC at the Dahej terminal, thereby enabling them to supply regasified natural gas to meet the
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NSE in talks with IGX for developing natural gas futures contract
Updated : 2 months ago IST
National Stock Exchange of India announced that it is in discussion on a strategic collaboration with Indian Gas Exchange (IGX) to develop and launch Indian Natural Gas Futures, a landmark initiative aimed at strengthening India's natural gas market ecosystem.
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Indian gas exchange benchmark declines 18% YoY on softer global demand
Updated : 2 months ago IST
The Indian Gas Exchange's benchmark price index, GIXI, fell by 18 per cent year-on-year (YoY) to reach Rs 994 or USD 11 per MMBtu in December 2025. This downward trend in domestic prices aligned with international market movements, influenced by increased supply, a mild winter in Europe, and
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Indian oil & gas sector to witness strong growth despite global volati
Updated : 9 months, 1 week ago IST
Indian oil and gas sector is likely to see strong growth through the fiscal year 2026 and 2027, despite significant volatility faced by the oil and gas market last month, said a research note by Systematix Institutional Equities.
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European Commission proposes to extend gas storage obligations until end o
Updated : 1 year ago IST
The European Commission has proposed to prolong EU gas storage obligations until the end of 2027 to ensure security of energy supply and help stabilise the European gas markets.
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Crown LNG and Indian Gas Exchange (IGX) Sign MoU to Enhance Gas Market Dev
Updated : 1 year ago IST
New Delhi [India], February 14: Crown LNG, a wholly owned subsidiary of Crown LNG Holdings Limited, and Indian Gas Exchange Limited (IGX), India's authorised natural gas trading platform, have signed a Memorandum of Understanding (MoU) to expand and enhance the natural gas ecosystem in South
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India's natural gas consumption to increase nearly 60% by 2030, forecasts
Updated : 1 year ago IST
India's natural gas consumption is forecast to increase by nearly 60 per cent by 2030, driven by robust growth in city gas distribution, industrial demand, and power generation, International Energy Agency said in its 'India Gas Market Report - Outlook to 2030'.
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Northeast gas grid to be operational by 2026: Indian Gas Exchange CEO
Updated : 1 year, 4 months ago IST
The region has a deposit of 6 million MMSCMD Natural Gas which can be monetized by the existing producers, said Mediratta, addressing the 'Gas Market Development for North East', where leading energy producers and stakeholders participated in Guwahati.
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Goa: India Energy Week 2024 set to kick off today
Updated : 2 years, 1 month ago IST
Organized at the IPSHEM-ONGC Training Institute in the southern part of the state from February 6 to 9, the event will bring energy ministers from across the world and key decision-makers in the oil and gas market under one roof.
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Nebula Energy LLC buys majority stake in AG&P LNG, a subsidiary of AG&
Updated : 2 years, 1 month ago IST
Singapore, January 31: Leading LNG terminals and downstream infrastructure company, AG&P LNG (AG&P Terminals & Logistics Pte Ltd), a subsidiary of AG&P Group, announced today that Nebula Energy LLC, a fully integrated investment, development, and asset management company with
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Shell poised for robust fourth-quarter surge in gas trading profits amidst
Updated : 2 years, 2 months ago IST
According to a press release by Shell, the trading update, issued on Monday, highlights the impact of seasonal shifts in the gas market and increased production of liquefied gas, a key driver of profits for Shell.
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