Egyptian Natural Gas Holding to expand in Saudi Arabia

The Egyptian Natural Gas Holding Co. (EGAS) has established a subsidiary in Saudi Arabia with initial capital of SAR 2 million ($530,000), Egypt’s Ministry of Petroleum said on Sunday. Owned 80 per cent by EGAS, the newly established natural gas company “Modern Gas” Saudi Arabia is part of the Egyptian firm’s strategy for offshore expansion, […]

MSRTC launches India’s first LNG-powered bus

Chief Minister Eknath Shinde inaugurated India’s first Liquefied Natural Gas (LNG) powered bus, which will be operated by Maharashtra State Road Transport Corporation, an official said. A release from the state-run transport corporation said 5000 of its diesel vehicles will be converted to LNG alternative fuel vehicles in phases, adding that 34 per cent of […]

Union Minister Jyotiraditya Scindia inaugurates India’s first green hydrogen plant in stainless steel sector

Union Minister of Civil Aviation & Steel, Jyotiraditya M. Scindia, addressed a gathering at the inauguration of India’s first green hydrogen plant within the stainless steel sector in a landmark moment for India’s industrial landscape. The inauguration ceremony marked a milestone in India’s journey towards sustainable industrial practices, with the Jindal Stainless’ Green Hydrogen project […]

ONGC board approves JV with EverEnviro to set up CBG plants pan India

In a significant move towards bolstering India’s renewable energy capabilities, the state-run Oil and Natural Gas Corporation (ONGC) has announced its partnership with EverEnviro Resource Management Pvt. Ltd, a leader in the compressed biogas (CBG) sector, to establish CBG plants across the nation. The ONGC board, in a recent meeting, has given in-principle approval for […]

Mahanagar Gas to acquire 30.97% stake in 3EV for Rs 96 crore

Mahanagar Gas Limited (MGL) on Tuesday announced that it has entered into Shareholders’ Agreement (SHA) with 3EV Industries Private Limited to acquire 30.97 per cent shareholding in the company. “We wish to inform that subsequent to execution of Share Subscription Agreement (SSA), Mahanagar Gas Limited has entered into Shareholders’ Agreement (SHA) with 3EV Industries Private […]