Red Sea disruption is splitting global LNG trade in regions

It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea separating the Arabian Peninsula and Africa,...

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Mahanagar Gas plans 20% increase in capex at Rs 1,000 crore for FY25: MD

Ashu Shinghal added that the 20 percent drop in net profit it reported for the fourth quarter was primarily due to lower availability of APM gas and CNG price reduction...

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ONGC enters the fray to acquire Ayana Renewable Power

The state-run ONGC has submitted a non-binding offer for Ayana, which is looking to sell even up to a 100% stake at an equity valuation of about $800 million, said...

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GAIL net profit jumps 67 per cent in 2023-24

New Delhi, May 16 (IANS): Public sector natural gas giant GAIL on Thursday reported a 67 per cent increase in net profit at Rs 8,836 crore for the financial year 2023-24...

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