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GAIL Builds the Gas Backbone While Planting Green Options

19Apr

By Newscript News NetworkNo Comments

GAIL Builds the Gas Backbone While Planting Green Options

By Newscript News Network August 22, 2025 GAIL remains the spine of India’s gas economy even as it plants seeds in new energy. Q1 FY26 consolidated net sales stood at ₹35,310.68 crore (up 1.65% YoY). The board declared a ₹1/share final dividend, maintaining a yield near 4.22%, a signal of comfort with cash generation. Strategy remains anchored in transmission build‑out, petrochemicals scale‑up and early positions in renewables and green hydrogen. As LNG import capacity and city‑gas networks expand, GAIL’s blend of regulated and merchant earnings provides ballast. Pipeline expansion and petrochemical integration are designed to smooth cyclicality. The company’s ability to match long‑term LNG with downstream demand, while tapping spot dislocations when available, remains a differen...

ONGC Q1 Profit Rises 18% as 35-Year Drilling High Unlocks New Finds

By Newscript News Network August 22, 2025 Oil and Natural Gas Corporation (ONGC) began FY26 with strong operational momentum. Consolidated net profit rose 18.2% to ₹11,554 crore, backed by a high-intensity drilling programme—578 wells in FY25, the most in 35 years—yielding nine new hydrocarbon discoveries across Mumbai Offshore, the Krishna-Godavari basin, and onshore plays. Output nudged higher: standalone crude oil rose 1.2% to 4.683 MMT, while gas held at 4.846 BCM. Near-term monetisation levers are already in play. The PY-3 joint venture field has restarted production and CBM Bokaro’s North Karanpura block began gas sales in May 2025, contributing more than ₹1,700 crore in revenue at a premium $8.26/mmbtu—~20% above APM. Diversification continues with a ₹39.42 crore helium re...

Coal India unleashes Rs25 lakh worker bonanza as mining giant tightens grip on talent war

Coal India, the world’s largest coal producer, has announced a comprehensive enhancement of employee benefits as the state-controlled mining giant seeks to retain talent amid India’s expanding energy demands. The company will implement new uniform policies whilst significantly increasing ex-gratia payments for workers from Rs15 lakh to Rs25 lakh, marking a 67 per cent increase in compensation. The benefit enhancement comes as Coal India faces mounting pressure to maintain production levels whilst addressing workforce retention challenges. The state miner, which controls approximately 70 per cent of India’s coal production, has been grappling with skilled labour shortages across its mining operations in eastern India. Industry analysts suggest the move reflects broader competitive pre...