Gas | 06 June 2026
Oil India strikes natural gas in Andaman offshore well
Signals growing hydrocarbon potential
Signals growing hydrocarbon potential
INEOS Energy will supply LNG on a Delivered Ex-Ship (DES) basis, giving buyers in key Asian markets flexible and reliable access to supply
The move is backed by recently secured commercial contracts for the 2028–2036 period
The order inflow is led by the Industrial Gas segment, which contributed Rs. 242 crore, followed by Rs. 39 crore from LNG and Rs. 38 crore from Cryo-scientific solutions
The well has recorded an average inflow of about 25,000 standard cubic metres per day
Capital expenditure for the year stood at Rs. 9,594 crore, directed towards pipeline expansion, petrochemical projects, joint ventures, and subsidiaries
It will be MOL Group’s first biomethane plant and the third such facility in Hungary
The company was forced to absorb an approximately EUR 8 million non-cash provision after Germany scrapped double counting for GHG quotas
Net income rose to $1.86 billion
Creates energy giant & new transmission entity
Air Products will design, build, own and operate multiple advanced production facilities
The city gas distributor reported a 14% year-on-year jump in volumes to 1,133 MMSCM for FY26
The facility is slated to come online in the second half of 2028 and will produce liquid oxygen, nitrogen and argon
The newly operational 280 tonnes-per-day unit will deliver a continuous, on-site supply of high-purity oxygen, nitrogen and argon
Once operational in 2027, the facility will produce around 800 tons per day of liquid oxygen, nitrogen, and argon
The resumption of operations is also set to benefit nearly 2 lakhs workers
The facilities, set to come online by the end of 2028, will supply ultra-pure nitrogen, oxygen, and argon—critical inputs for manufacturing next-generation semiconductors
To boost fast-track development potential
The agreement was formally executed with Pantheon Maritime Services Private Limited
The new air separation unit (ASU) will produce liquid oxygen, nitrogen, and argon for regional customers
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