New Delhi: India will not purchase liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, which is under Western sanctions, Reuters reported, citing Oil Secretary Pankaj Jain, who confirmed the development on Friday.
GreenLine Logistics deploys LNG trucks at Dalmia Cement
Kolkata/IBNS: GreenLine Logistics (Green Planet Logistics Pvt Ltd.), an LNG-fueled heavy trucking logistics company, has deployed Dalmia Cement (Bharat) Limited’s first fleet of LNG trucks at its Chandrapur plant in Maharashtra.
India accelerates pace to secure long-term LNG deals: Report
New Delhi: India is looking to seal more long-term LNG deals to boost its economic growth while reducing the dependence on coal, media reports said.
EU proposes gas price cap at 275 euros/MWh as 'last resort'
Brussels/IBNS: A European gas price cap at 275 euros (283 US dollars) per megawatt hour (MWh) has been proposed Tuesday, Energy Commissioner Kadri Simson announced in Strasbourg, France.
Qatar to supply LNG to China for 27 yrs in world's 'longest' deal
China inked a $60 billion deal with Qatar on Monday to buy Liquified Natural Gas (LNG) for 27 years at a time when Europe is struggling to secure alternative resources, media reports said.
India receives first consignment of LNG from Russia and renegotiated contracts
New Delhi/Dahej, Jun 5 (IBNS): India, said to be the world's fourth-largest buyer of liquefied natural gas (LNG), received its first consignment of LNG of an estimated $25 billion contract from Russia, according to media reports on Tuesday.
Budget 2017: Income tax for MSMEs with annual turnover upto Rs. 50 Crore is reduced to 25 per cent
New Delhi, Feb 1 (IBNS): Presenting the General Budget 2017-18 in Parliament on Wednesday, Union Finance Minister Arun Jaitley said that the income tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME companies more viable and also to encourage firms to migrate to company format.
Tata Motors showcases country’s first LNG-powered bus
Thiruvananthapuram/Kolkata, Nov 8 (IBNS): Tata Motors, India’s largest commercial vehicles manufacturer and among the Top 10 globally, on Tuesday showcased the country’s first LNG (liquefied natural gas) powered bus in Kerala, in the presence of Minister of MoPNG (Ministry of Petroleum and Natural Gas) Dharmendra Pradhan and Chief Minister of Kerala Pinarayi Vijayan.