Page 4 - Petronet Lng

Top headlines: Modi defends farm bills, HSBC, StanChart shares at 22-yr low

From PM Modi again defending farm bills amid Opposition protests, Petronet buying LNG cargo to gold smuggling dropping due to coronavirus, Business Standard bring you the top headlines of the day

India's Petronet buys LNG cargo for delivery in November: Report

etronet bought the cargo which is for delivery to either Dahej or Kochi LNG terminal over Nov. 17-22 at about $4.80 per million British thermal units

Petronet gives outgoing CEO 27% hike in FY20; launches search for new chief

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020)

Petronet net profit slips 7% in Q1 at Rs 520.23 crore, revenue falls 43%

Revenue fell 43 per cent to Rs 4951.9 crore in the first quarter of the current 2020-21 fiscal

Petronet LNG gains 5% after June quarter earnings, pares gain later

Total revenue during the quarter came in at Rs 4,951.95 crore, down 43 per cent YoY.

India's Petronet close to signing long-term LNG deal around spot prices

Petronet had in February sought bids from suppliers for 1 million tones of LNG per year for 10 years, starting 2024

GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered

Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.

Indian LNG importers issue force majeure notices as gas demand slumps

Top gas importer Petronet LNG has served a force majeure notice on Qatargas and is seeking delayed delivery of cargoes.

Manikaran Power becomes the first member of India's gas trading platform

Manikaran Power Ltd joins hands with Indian Gas Exchange

IEX to launch trading platform Indian Gas Exchange; norms yet to be framed

IGX will be offering a spot contract for the day ahead market, which means gas will be physically delivered the next day

Better consumption brightens growth prospects of gas utility companies

Fertiliser and city gas segments set to fuel growth; power demand may revive soon

Petronet LNG climbs over 6% as Q2 net profit surges 90% YoY

The company's board of directors also approved special interim dividend of Rs 5.50 per share for 2019-20 fiscal year.

Petronet LNG Sep-quarter net grows 90% on lower tax to Rs 1,089 crore

Revenue from operations, however, slipped to Rs 9,361.18 crore from Rs 10,745.34 crore in the second of the previous fiscal year

Petronet-Tellurian deal: Is LNG risky for India? Explained in 5 charts

Based on industry estimates, this LNG could cost upwards of $5 per million metric British thermal unit (mmBtu).

Petronet LNG allays Street's concerns on hydrocarbon investments in US

Details about deal size will be finalised by March, could stretch the company's balance sheet if it goes solo

Petronet disfavoured $2.5 bn LNG deal in April; signs non-binding MoU now

The officials said the deal with Tellurian is far from closed and will require negotiations

Why Petronet LNG slipped over 7% after hitting 52-week high in early trade

The Houston-based Tellurian and Petronet LNG Ltd (PLL) signed an MOU on Saturday under which the latter will import 5 million tons of LNG (liquefied natural gas) from America over a 40-year period.

Petronet to invest $2.5 bn in Houston's Tellurian Inc for 5 mn tonnes gas

The agreement also includes PLL making investment in the equity of $28 billion Driftwood project in Louisiana to secure the LNG

Petronet signs MoU with US natural gas firm Tellurian in PM Modi's presence

Tellurian and Petronet will endeavour to finalise the transaction agreements by March 31, 2020

H-Energy, Petronet sign deals to buy Russian LNG producer Novatek

The deals were announced hours after Prime Minister Narendra Modi arrived here on Wednesday for summit talks with Russian President Vladimir Putin