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India is one of the biggest LNG Markets, at LNG India Summit we will see the coming trends in the industry and for such an important global lng market. #lng #india #lngindia #lngsummits

The #EvolutionOfEnergy For generations, oil & gas have powered global progress, and #ONGC has been at the forefront, fueling the country and driving the economy. From exploration to production, we lead India's #energy journey with unwavering commitment in daunting terrains. Ministry of Petroleum and Natural Gas Govt of India Hardeep Singh Puri #SureshGopi #YouAreEnergy #EnergyNowAndNext

#NewIndia's ranking as Asia's 2nd largest refiner underscores its substantial role in regional energy dynamics and highlights its growing influence in the global market, signalling robust growth potential in the oil & gas industry. Know more: http://bit.ly/oil_gas_02 #InvestIndia #InvestInIndia #OilAndGasSector #MakeInIndia #OilAndGas Ministry of Petroleum and Natural Gas Govt of India Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

The Hydrocarbons Committee PHDCCI organised the Bharat LNG Summit, at PHD House, New Delhi, on the theme Envisioning India's Future with LNG. Mr. Anjani Kumar Tiwari, Member of the Petroleum and Natural Gas Regulatory Board (PNGRB), emphasized the government's commitment to various reforms such as CGT licensing, reduction of VAT to 5% in some states, tariff reform aiming for a single nationwide tariff, product pricing reforms, and incentives for pipeline operators. He stressed the necessity of a comprehensive pipeline network for optimal terminal utilization. He outlined five pillars to elevate LNG's share in the energy basket from 6% to 15%: increasing domestic production, expanding natural gas pipelines, adding LNG terminals, promoting gas exchange, and rationalizing gas pricing. ANJANI KUMAR TIWARI #BharatLNGSummit #PHDCCI #LNGinIndia #FutureWithLNG #EnergyReforms #PipelineNetwork #GasIndustry #EnergySector #GreenEnergy #SustainableEnergy #EnergyTransition #IndiaEnergy #EnergyInnovation #NaturalGas #LNGGrowth

This information was provided by Suresh Gopi, Minister of State in the Ministry of Petroleum and Natural Gas Govt of India, in a written reply in the Rajya Sabha. Read More - https://lnkd.in/dxsMcr6c #solarenergy #renewableenergy #EnergeticaIndia

India continues to be interested in Sakhalin-2 project — official Pankaj Jain noted that India continues to look at opportunities to invest in Russia in terms of oil and gas assets Indian authorities maintain the interest in participating in the Sakhalin-2 and other oil and gas projects and are open for discussions, Secretary of the Indian Ministry of Petroleum and Natural Gas Pankaj Jain told TASS. "Sakhalin-2 was in our regard in the past. We have looked at Sakhalin-2, we have interest. It’s just that the terms on which the project was offered to us <…> we wanted different terms. So we couldn’t agree on the terms. So that is why it didn’t work out," Jain said. "We continue to look at opportunities to invest in Russia in terms of oil and gas assets. We’re always open for discussion and participation. In Sakhalin 2, [in] any other project wherever such terms work out for us," he stressed. #business #finance #financialservices

#IndianOil reports Revenue from Operations of ₹2,15,989 Crores and a Net Profit of ₹2,643 Crores for the first quarter of FY 2024-25. We remain steadfast in our commitment to fueling India’s growth and continuously enhancing our performance. #EnergyOfIndia #QuarterlyResults #Q1 Ministry of Petroleum and Natural Gas Govt of India Shrikant M Vaidya

An apex body under Govt of India for promoting sound management of oil & natural gas resources, engaged #mjunction to achieve the following objectives:  - Optimum price discovery - Transparency and efficiency in the process - Expand market reach by overcoming geographical limitations   mjunction’s solution included a e-tendering process followed by eAuctions. With a standardized process, the client experienced a remarkable surge in verified buyer participation, transparent price discovery, and a substantial increase in the quantity of natural gas sold.   Over the past three years, mjunction has conducted 35 of 41 such e-auction events, with around 150+ odd buyers participating in total. #OilandGas #OilAndGasIndustry #NaturalGas #NaturalResources #Innovation #SuccessStory

💼 #ModiCabinet 3.0 | Speaking to #BTTV, Union Minister for Petroleum & Natural Gas @HardeepSPuri stated that plans to privatise state-owned #BPCL have been shelved for now, adding that high revenue-earning public sector undertakings need not be sold. ➡️ "BPCL has made more money in the first 3 quarters than the stake sale amount," Puri said while assuming charge of the Petroleum and Natural Gas ministry. Read more 👉 https://lnkd.in/gzhV4DeC