ExxonMobil slashes LNG price to India in bad omen for producers
Long-term contracts are rarely revised in the LNG market, and for a big producer to cave in shows how supply from new plants in Australia and the United States over the past two years has transformed the market, analysts said.
Sep 11, 2017, 13:53 PM IST
Petronet set to buy extra 1 million tonnes Australian LNG from Exxon
The deal for additional volumes is yet to be signed.
Sep 11, 2017, 11:38 AM IST
RIL pays 6% more to buy own gas
RIL had in May become the first buyer of gas it produced from its own coal-bed methane (CBM) block after agreeing to pay the highest price for the fuel.
Jul 23, 2017, 13:45 PM IST
United Spirits, Cairn to move out from Sensex Next 50 index
Sensex Next 50 index measures the performance of the subsequent 50 largest index-eligible stocks outside the BSE Sensex 50.
Apr 20, 2017, 18:09 PM IST
Petronet buys 26% stake in LNG vessel for Rs 100 crore
Petronet LNG Ltd, India's largest liquefied natural gas importer, has bought a 26 percent stake in the shipping consortium that built its biggest LNG ship to transport gas form from Australia.
Feb 14, 2017, 16:10 PM IST
Petronet LNG plans $3 billion investment push overseas
India's biggest gas importer Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director said.
Jul 11, 2016, 19:05 PM IST
Prabhat Singh takes over as MD & CEO of Petronet LNG
Prabhat Kumar Singh Monday took over as the new Managing Director and CEO of Petronet LNG Ltd, India's biggest liquefied natural gas importer.
Sep 14, 2015, 18:18 PM IST
A K Balyan to head Reliance Group's Oil & Gas Business
Ashok Kumar Balyan, former chief executive of Petronet LNG Ltd, has joined Anil Ambani-led Reliance Group as CEO of its Oil & Gas Business.
Jul 25, 2015, 15:26 PM IST
Oil Ministry reverts back to promoters selecting CEO of Petronet
The Oil Ministry has reverted back to the mechanism of promoters selecting CEO of Petronet LNG after it scrapped an ad-hoc search committee formed under the previous Petroleum Secretary.
Jul 14, 2015, 13:54 PM IST
Selection for Petronet CEO starts again
Petronet LNG Ltd on Tuesday issued advertisement seeking applications from persons holding director-level position in public and private sector energy companies by July 15.
Jun 30, 2015, 17:43 PM IST
Rs 400 cr loss to Petronet LNG last fiscal
Petronet LNG has suffered a loss of Rs 400 crore in the last fiscal due to difficulties in getting land for laying pipelines for connecting the Rs 4,000-crore Kochi LNG terminal with demand centres in Karnataka, a top official said Sunday.
May 10, 2015, 18:28 PM IST
Petronet MD & CEO selection process to start afresh
The selection of a new head of India's biggest LNG importer, Petronet LNG will start afresh after a headhunting panel failed to arrive at a consensus on candidates.
Apr 25, 2015, 16:32 PM IST
Petronet offers 'gassing up' services at Kochi terminal
After leasing out storages at its under-utilised Kochi terminal, Petronet LNG has started offering services to LNG ships in a bid to generate revenue from different streams to tied over losses.
Apr 12, 2015, 13:45 PM IST
Prabhat Singh, PK Bajpai among 13 in race to head Petronet LNG
A Search Committee will hold interviews to select the new MD and CEO tomorrow, industry sources said.
Mar 29, 2015, 15:22 PM IST
ADB sells entire stake in Petronet LNG for Rs 714.5 cr
ADB sold 3.9 crore shares of India's largest liquefied natural gas importer to CitiGroup and HDFC Mutual Fund at Rs 183.20 per share.
Sep 26, 2014, 20:34 PM IST
