Petronet LNG Shares Jump on 15-Year Ethane Services Pact with ONGC | Udaipur Kiran

Mumbai, December 4 (Udaipur Kiran): Shares of Petronet LNG surged on the BSE on Wednesday after the company announced the execution of a 15-year binding term sheet with Oil and Natural Gas Corporation (ONGC) for Ethane Unloading, Storage and Handling (USH) services. The stock was trading at Rs 279.05, up by Rs 10.10 or 3.76 […]

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EU chief urges bloc members to sanction Russia’s LNG exports

European Commission President Ursula von der Leyen BRUSSELS: The European Union should slap new sanctions on Russia’s exports of liquefied natural gas, its shadow fleet of aging oil tankers and major energy companies over its war on Ukraine, European Commission President Ursula von der Leyen said on Friday. “It is time to turn off the […]

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Japan invests big in LNG despite climate-friendly promises | World News

Japan is one of the world’s biggest public financiers of gas and oil production, despite a pledge to halt all such funding for fossil fuel at the G7 summit in 2022.From 2013 to 2024, Japanese public financial institutions provided $93 billion (€82 billion) worth of investments for oil and gas projects, according to a report […]

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