As India’s appetite for oil and natural gas grows at a pace few major economies can match, it is reshaping the country’s strategy to secure long-term hydrocarbon supplies. Whether it succeeds will hinge on several critical factors, writes Manish Pant. If there is one word that captures India’s ever-growing appetite for oil and natural gas,...
Tag: Petroleum and Natural Gas Regulatory Board
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OIL-BPCL Join Hands for City Gas Network Rollout in Arunachal Pradesh
This newly formed joint venture between Oil India Ltd and BPCL will spearhead the rollout of compressed natural gas stations and piped natural gas services across Arunachal Pradesh, targeting households, businesses and industries as part of a broader push for clean energy access in the Northeast. Oil India Ltd (OIL) and Bharat Petroleum Corporation Ltd...
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GAIL Posts Q1 FY2026 Revenue of ₹3,479 Billion Amid Sustainability Push
GAIL posts flat Q1 results but leans into future readiness through major capex and sustainability benchmarks. GAIL (India) Ltd reported revenue from operations of ₹3,479 billion in Q1 FY2026, marking a 3 per cent increase over ₹3,369 billion in Q1 FY2025. Profit before tax (PBT) declined to ₹253 billion from ₹364 billion, while profit after...
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Bharat & Hindustan Petroleum wins two licenses for selling CNG & piped
In UP, 7 companies submitted 21 proposals for city gas licenses in 5 areas
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IGX secures Petroleum and Natural Gas Regulatory Board authorisation
The country’s first automated delivery-based gas trading platform, India Gas Exchange (IGX) has announced securing the necessary authorisation to operate as a gas exchange as per the provisions of the Petroleum and Natural Gas Regulatory Board (Gas Exchange) Regulations, 2020, for a period of 25 years.
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46 districts to see city gas rollout in 2015-16
In a move that would give 46 new districts in the country gas distribution networks in 2015-16, downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB)
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Gas output in India to double to 211 mmscmd in 13-yrs
By 2026-27, India's natural gas production will more than double to 211 million standard cubic metres per day on back of desired policy support and correct pricing signals, the oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has said. Domestic gas production, which was 101.1 mmscmd in 2012-13, is projected to rise to 156.7 mmscmd in 2016-17 and to 182 mmscmd in 2021-22, according to a study commissioned by PNGRB.
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PNGRB to open bids for CGD project
Petroleum and Natural Gas Regulatory Board (PNGRB) would soon open the technical bids submitted by oil and gas firms for launching city gas distribution (CGD) business in key cities. After clearing the technical bids, the downstream regulator would open financial bids for the third round of auct
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GAIL studies impact of tariff order
GAIL India is studying the impact of the recent tariff order by the Petroleum and Natural Gas Regulatory Board (PNGRB) on its financial position. Some reports indicate that the May 10 order of PNGRB may cause Rs 500 crore loss for the company. In its order, the downstream regulator retrospectively reduced the tariff charged by GAIL for its Krishna Goda
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CGD segment in limbo
The government introduced the Petroleum and Natural Gas Regulatory Board to regulate and develop the City Gas Distribution business in India. However, the sector is still facing many challenges on its way,
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