According to the latest data released by the government, the production of electricity, natural gas, coal, steel, refinery products, crude oil, and cement exhibited notable growth during April 2024, underscoring the resilience of these core sectors.
According to ICRA, this upgrade is attributed to ATGL's improved financial risk profile, driven by sustained growth in sales volume, which has resulted in an increased scale of operations and better profitability.
According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25 times higher than the extraordinarily difficult previous fiscal year.
Amidst these dynamics, India, a significant player in the LNG market, continues to see an upward trajectory in its LNG imports, driven by various sectors including power, industry, and transportation.
In 2024, natural gas production in Russia is expected to add 4.6 per cent and climb to 666.7 bln cubic meters in the base case scenario, the Russian Ministry of Economic Development said in its socioeconomic development forecast for the country.
Singapore, April 22: In a landmark development for the global energy sector, two Chinese companies have come together to ink a historic agreement aimed at fostering collaboration in the liquefied natural gas (LNG) industry. This strategic pact signifies a significant step forward for China's
As one of the world's fastest-growing economies, India is committed to supporting efforts to achieve balance in global energy markets, said Hardeep Puri during the conversation, the Ministry of Petroleum and natural Gas said in a press release.
ONGC posted on X, "#ONGC achieves milestone in FY'24 with a record 541 wells drilled--the highest in over three decades! Our commitment to #India's energy security shines through technology and field services, which are crucial to this achievement. We are proud of our Drilling Services for l
Speaking specifically about the strong performance of PSUs in sectors like petroleum and natural gas, Puri, who holds the Housing and Urban Affairs and Petroleum and Natural Gas portfolios, said their remarkable growth even surpassed their counterparts in the private sector.