India’s Reliance Industries reports mixed oil and natural gas earnings and gives quarterly gas prices analysis
India’s Reliance Industries, the group with growing natural gas and oil and chemicals businesses, reported increased overall fiscal first-quarter revenues while net income slipped amid moves to boost the nation’s domestic output with more exploration and production to offset LNG and oil imports.
Indian rise in imports of LNG is short lived as cargo numbers fall in May while domestic gas output rises
Indian liquefied natural gas imports went into reverse last month and fell by more than 7 percent even as prices declined and more regasification infrastructure was put in place, while the need for imports was offset by growth in domestic gas output, including coal-bed methane.
Indian LNG imports show long-awaited surge of over 17 percent in full fiscal year even amid growing domestic output
Indian liquefied natural gas imports showed a long-awaited surge of over 17 percent in the full fiscal year to the end of March as growing domestic gas output was offset by falling LNG prices and the nation’s increasing demand for gas marked by a new West Coast terminal set to start commercial operations soon
India’s Reliance Industries boosts natural gas to offset LNG imports and gives quarterly gas prices analysis
India’s Reliance Industries, the group with growing natural gas and oil and chemicals businesses, reported increased fiscal third-quarter earnings amid moves to boost the nation’s natural gas to offset LNG imports as prices start to decline.
Indian LNG imports jump 14.3 percent for current fiscal year to December as prices drop and demand grows
Indian liquefied natural gas imports surged for another month by just over 12 percent and by more than 14 percent for the fiscal year so far, helped by lower prices and higher demand and despite more competition from increased output from Bay of Bengal domestic gas resources.
Indian LNG imports surge by more than 20 percent on lower prices from a year ago and higher domestic demand
Indian liquefied natural gas imports surged by more than 20 percent last month helped by lower prices and higher domestic gas demand while gas output offshore the Bay of Bengal also increased.
India’s Reliance reports earnings fall as strategic oil and gas operations advance through market volatility
Reliance Industries, the Indian conglomerate and a leading energy company with domestic gas volumes backing the nation’s LNG imports, reported a decline in fiscal first-quarter earnings while strategic oil and gas operations advanced amid likely continued volatility in gas markets.
India’s ONGC bringing gas field onstream while awaiting Mozambique LNG advance as net profits drop
Oil and Natural Gas Corporation (ONGC), India’s leading energy producer that is set to bring onstream a new gas field in June in the Krishna Godavari Basin in the Bay of Bengal and holds a stake in the Mozambique LNG project, reported a drop in annual net profits while revenues increased.
Reliance of India set to boost East Coast gas output to offset some LNG needs and gives latest gas price details
Reliance Industries, the Indian conglomerate and a leading energy company supplying rising domestic gas volumes to supplement LNG imports, reported an increase in fiscal fourth-quarter earnings across its energy division and the start-up soon of a third gas field in the Krishna Godavari Basin KG-D6 block on the East Coast of India.
Reliance Industries set to boost Indian natural gas to offset some LNG needs and gives latest gas price details
Reliance Industries, the Indian conglomerate and a leading energy company supplying rising domestic gas volumes to supplement LNG imports, reported an increase in earnings across its energy division and the start-up soon of a third gas field in the Krishna Godavari Basin KG-D6 block on the East Coast of India.
