
Sanjeev Choudhary
Senior Editor at The Economic Times
धर्मों रक्षति रक्षित: Senior Editor, The Economic Times. FMS. Business News. Energy.
Articles
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5 days ago |
economictimes.indiatimes.com | Sanjeev Choudhary
New Delhi: The PNGRB is set to penalise city gas distribution companies for falling significantly short of their targets-achieving, in some cases, as little as 2% of cumulative goals-for connecting households with piped natural gas (PNG), according to people familiar with the matter.Companies that secured licences during the 9th, 10th, 11th and 11A bidding rounds-the four largest city gas licensing rounds-have especially underperformed on their home connection commitments.
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1 week ago |
economictimes.indiatimes.com | Sanjeev Choudhary
New Delhi: Oil prices will hover around $65 per barrel as ample supplies are available in the market, Oil Minister Hardeep Singh Puri has said.“My sense is that with more supplies becoming available, prices will be close to $65, not $80 per barrel,” Puri told an industry gathering on Friday.International benchmark Brent has been oscillating between $60 and $66 for a month amid increasing supplies from the producer group OPEC+ and rising demand uncertainties due to the US tariff war.High spare...
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2 weeks ago |
economictimes.indiatimes.com | Sanjeev Choudhary
Petronet LNG’s Q4 profit rose 45% to ₹1,070 crore on impairment reversal, even as revenue dipped 10% amid weak terminal utilization and costlier spot LNG.
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3 weeks ago |
economictimes.indiatimes.com | Sanjeev Choudhary
New Delhi: The US nearly doubled its crude oil supply to India in April compared to year earlier, overtaking the UAE to become India's fourth-largest supplier.India's imports of US crude grew to 0.33 million barrels per day (mbd) in April, up from 0.17 mbd in the same month last year and 0.24 mbd in March, according to energy cargo tracker Vortexa.This gave the US a 7.3% share in India's crude imports in April-ahead of the UAE's 6.4%, but behind Saudi Arabia's 10.4%, Iraq's 19.1% and Russia's...
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3 weeks ago |
economictimes.indiatimes.com | Sanjeev Choudhary
New Delhi: New exploration contracts will require Indian oil companies to resolve contractual disputes with the government through arbitration exclusively in India, while allowing foreign firms to opt for overseas arbitration, according to an official.The oil ministry is currently framing new rules for the exploration sector and working on a new model contract for future winners of exploration licences in the country.According to the draft rules, all disputes and claims related to petroleum...
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GAIL says it is evaluating bids from five parties for its proposed stake purchase in a U.S. LNG project @gailindia https://t.co/kTaSRIM2cF via @economictimes

GAIL's Q4 profit falls 6% to Rs 2,049 cr on weaker gas marketing, petchem margins @gailindia https://t.co/kTaSRIM2cF via @economictimes

Connected oil reservoir? Share or surrender https://t.co/v4fIIICa3u via @economictimes