SMS group to Showcase Innovations that are Set to Transform the Tube and Wire Industry
SMS group will be showcasing their solutions and offer a platform for discussions on technology and projects in Tube 2024, Düsseldorf. They will turn the spotlight on the topic of lifecycle partnership and their ideas for a sustainable production of tubes, pipes, and wires. With a focus on sustainability & innovation, and “Leading Partner Talks”, […]
Global Seamless Selects Northwest Louisiana for 1st U.S. Facility
Global Seamless has selected Northwest Louisiana and announced an investment of USD 35 million to open its first manufacturing facility in the US. Apr 4, 2024 The India-based company, Global Seamless has selected Northwest Louisiana to open its first manufacturing facility in the US. The move will create 135 direct new jobs in DeSoto Parish. […]
PNGRB Organizes Mega-Stakeholder Interaction on Hydrogen Transmission in Natural Gas Pipelines & City Gas Distribution Networks
PNGRB is planning to utilize natural gas transmission lines for the transportation of green hydrogen bridging the gap between regions with rich renewable energy resources and hydrogen-consuming centers. The total hydrogen demand in India is expected to increase from the current demand of 6 – 7 MMTPA to 16 – 18.5 MMPTA by 2040. Mar […]
India to Source Oil from Venezuela in Lieu of Stuck Dividends Worth USD 600 Million: Petroleum Minister
India is also in conversation with countries such as Guyana, Suriname and Namibia to source crude oil, said Union Minister for Petroleum and Natural Gas Hardeep Singh Puri. Mar 29, 2024 India will be sourcing oil from Venezuela in lieu of stuck dividends worth USD 600 million. Besides, the nation was in talks with several […]
Uttar Pradesh to Have 100 Compressed Bio-Gas Plants (CBG) Soon: Hardeep Puri
At the inauguration of an INR 165 crore CBG plant in UP, the Union Petroleum Minister highlighted the significance of CBG plants in environmental conservation, augmenting farmers’ income, and promoting energy self-sufficiency. Mar 18, 2024 Union Petroleum Minister Hardeep Singh Puri has revealed that Uttar Pradesh will soon have 100 compressed bio-gas plants (CBG) plants. […]
PM Modi Inaugurates INR 3,992 Crore Pipeline Project Linking North East to National Gas Grid
The 718-km Barauni-Guwahati Natural Gas Pipeline (BGPL) will transport around 2.5 MMSCMD natural gas, reduce around 7.67 lakh tonnes per annum CO2 emissions Mar 12, 2024 Prime Minister Narendra Modi remotely inaugurated from Jorhat, Assam, the Barauni-Guwahati Natural Gas Pipeline (BGPL), a 718-km-long pipeline having the capacity to transport around 2.5 MMSCMD of natural gas, […]
Saudi Aramco in Investment Talks with Indian Companies
Global oil giant Saudi Aramco eyes new markets for crude in Asia, having conversations related to investment in Indian companies. Feb 22, 2024 One of the leading petroleum and natural gas companies across the world, Saudi Aramco, has revealed that it was having conversations related to investment in Indian companies. Faisal Faqeer, senior vice-president, liquids […]
India to Lead World in Incremental Oil Consumption by 2023
India is set to become the global leader in consumption of petroleum products, surpassing China by 2030. Feb 1, 2024 Come 2030, India will become the largest consumer of petroleum products, using them in various purposes such as heating, lighting, cooking, transportation and petrochemicals. The country is on course to become the global leader in […]
PNGRB to Launch National PNG (Piped Natural Gas) Drive
PNGRB is set to launch a National PNG Drive from January 26th to March 31st, 2024 aimed to promote the adoption of PNG among households and to expand PNG’s consumer base across a broader segment of the population. Jan 25, 2024 Petroleum and Natural Gas Regulatory Board (PNGRB) along with City Gas Distribution (CGD) entities […]
IEA Predicts Rise in India’s Natural Gas Demand by 6 Percent in 2024
The International Energy Agency released the quarterly edition of the Gas Market Report providing a thorough review of market developments in 2023 and a short-term outlook for 2024. The report stated following a year-on-year decline of 7 percent observed in 2022, India’s primary gas supply rose by 5 percent in 2023. Jan 28, 2024 India’s […]
