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Gas
Gas | 09 July 2021

Air Liquide to build ASU for supply to China-based steel producer

Under a 20 year-long contract, Air Liquide will build, own and operate a new state-of-the-art ASU with a daily capacity of 3,800 tonnes of oxygen

Gas
Gas | 28 June 2021

Second wave a headwind to FY22E outlook for Indraprastha Gas: ICICI Securities

Q4FY21 standalone EPS was up 31% YoY driven by 21% YoY surge in EBITDA margin to Rs8.0/scm

Gas
Gas | 28 June 2021

Air Liquide to invest €70 mn for building industrial gases plant in Wuhan, China

This facility will produce 52,000 Nm3 of nitrogen per hour, as well as oxygen and argon among other ultra-high purity gases, and is planned to be operational in 2022

Gas
Gas | 28 June 2021

Baker Hughes invests in Germany based bio-methanation technology firm

The company will take 15% stake in Electrochaea to help advance new project development and commercialization

Gas
Gas | 26 June 2021

Indraprastha Gas Q4FY21 consolidated net profit at Rs. 375.10 Cr

It posted net profit of Rs.290.76 crores for the period ended March 31, 2020.

Gas
Gas | 25 June 2021

Air Liquide finalizes acquisition of ASUs from Sasol

Air Liquide will bring to the site its expertise in implementing highly mastered operational practices, state of the art technologies, modernization investments and digital capabilities to optimize the operation of the ASUs and the energy consumption

Gas
Gas | 23 June 2021

Baker Hughes, Borg CO2 to develop carbon capture and storage hub in Norway

The project aims to capture and store up to 90% of the CO2 emissions from the involved industrial sites, playing an important role in contributing to the Paris Agreement goals, the United Nations Sustainable Development Goals and the Norwegian national emissions reduction targets

Gas
Gas | 21 June 2021

IPO of Wintershall Dea will be targeted post 2021

The shareholders of Wintershall Dea – BASF and LetterOne – have decided to postpone the Initial Public Offering (IPO) to a later point in time.

Gas
Gas | 15 June 2021

Honeywell partners with DRDO and CSIR-IIP to augment oxygen production in India

Honeywell UOP to provide supply of adsorbents to India to accelerate setting up of medical oxygen plants

Gas
Gas | 14 June 2021

The Southern Gas Q4FY21 net profit up at Rs. 62.67 lakhs

The company reported total income of Rs.31.31 crores during the 12 months period ended March 31, 2021

Gas
Gas | 12 June 2021

High spot LNG prices dent volumes for Petronet LNG: HDFC Securities

PLNG has extensive Capex plans for the next 5 years with allocation of INR ~150bn

Gas
Gas | 12 June 2021

Oil & spot LNG surge to drive strong rebound for GAIL India: ICICI Securities

Further upsides to LPG, petrochemical and gas marketing EBITDA of 10%, 39% and 50% respectively are possible

Gas
Gas | 12 June 2021

Large capex may add to concerns for Petronet LNG: ICICI Securities

Rise in domestic gas output by 25-45mmscmd by end-FY22-FY24E and LNG import capacity by 12mmtpa in Gujarat in FY23E is likely to hit Dahej utilisation

Gas
Gas | 11 June 2021

Pavilion Energy and bp Singapore sign a 10-year LNG supply agreement for Singapore

Both companies will strive to co-develop and implement a greenhouse gas (GHG) quantification and reporting methodology.

Gas
Gas | 10 June 2021

Drax and Mitsubishi to partner on carbon capture project in UK

The contract, which combines UK innovation and world-leading Japanese technology, will see Drax license MHI’s unique carbon capture solvent, KS-21, to capture CO2 at its power station near Selby, North Yorkshire

Gas
Gas | 10 June 2021

Suez and Airex Energy to commercialize biochar based carbon capture technology

With expertise in the fields of organic residues, soil amendments, agricultural biofertilizers and smart irrigation, SUEZ will use the CarbonFX torrefaction technology developed by Airex Energy for the global deployment of industrial-scale production plants that transform residual lignocellulosic biomass (bark, sawdust, waste wood, etc.) into a stable carbon with high technical and environmental added-value known as “biochar.”

Gas
Gas | 09 June 2021

Petronet LNG Q4FY21 consolidated PAT at Rs. 637.92 Cr

The company posted net profit of Rs.2939.23 crores for the 12 months period ended March 31, 2021

Gas
Gas | 09 June 2021

Pradhan dedicates 201 CNG plants; Commencement of PNG supply in Jhansi

He also inaugurated the commencement of PNG supply in Jhansi and Mobile Refueling Units for refueling vehicles at Raigad

Gas
Gas | 08 June 2021

Air Liquide and Samsung Engineering to build ASU for methanol plant in Malaysia

The new facility is planned to come into operation in 2023

Gas
Gas | 04 June 2021

Air Liquide to invest €60 million for new ASU in Russia

Planned to be started up by the end of 2023, the unit will be owned and operated by Air Liquide Severstal, a joint venture established in 2005 between Air Liquide (75%) and Severstal (25%)

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