Petronet, Shell, Adani Total Resist PNGRB's Regulatory Attempt
OIL & GAS

Petronet, Shell, Adani Total Resist PNGRB's Regulatory Attempt

Petronet LNG, Shell Energy India, and Adani Total Gas have collectively opposed the Petroleum and Natural Gas Regulatory Board's (PNGRB) recent attempt to enforce regulatory measures on their operations in the oil and gas sector. This resistance highlights concerns within the industry regarding regulatory overreach and its potential impact on operational autonomy and business strategies.

The companies argue that PNGRB's move could lead to significant disruptions in their existing operations and future expansion plans. They contend that such regulatory interventions should be balanced with industry dynamics and market realities to ensure continued investment and growth in the sector.

PNGRB's attempt to regulate Petronet LNG, Shell Energy India, and Adani Total Gas comes amidst efforts to enhance oversight and governance in the oil and gas industry. However, the companies assert that the proposed regulations may impose undue constraints and hinder their ability to innovate and meet evolving energy demands.

Petronet LNG, Shell Energy India, and Adani Total Gas are prominent players in India's energy landscape, involved in LNG imports, distribution, and infrastructure development. Their pushback underscores the complex interplay between regulatory frameworks and industry operations in a critical sector vital for India's energy security and economic growth.

The outcome of this regulatory dispute will likely impact the trajectory of regulatory frameworks governing the oil and gas industry in India, influencing investment decisions and operational strategies moving forward. The companies seek a balanced regulatory approach that supports industry growth while ensuring compliance with national energy policies and objectives.

Petronet LNG, Shell Energy India, and Adani Total Gas have collectively opposed the Petroleum and Natural Gas Regulatory Board's (PNGRB) recent attempt to enforce regulatory measures on their operations in the oil and gas sector. This resistance highlights concerns within the industry regarding regulatory overreach and its potential impact on operational autonomy and business strategies. The companies argue that PNGRB's move could lead to significant disruptions in their existing operations and future expansion plans. They contend that such regulatory interventions should be balanced with industry dynamics and market realities to ensure continued investment and growth in the sector. PNGRB's attempt to regulate Petronet LNG, Shell Energy India, and Adani Total Gas comes amidst efforts to enhance oversight and governance in the oil and gas industry. However, the companies assert that the proposed regulations may impose undue constraints and hinder their ability to innovate and meet evolving energy demands. Petronet LNG, Shell Energy India, and Adani Total Gas are prominent players in India's energy landscape, involved in LNG imports, distribution, and infrastructure development. Their pushback underscores the complex interplay between regulatory frameworks and industry operations in a critical sector vital for India's energy security and economic growth. The outcome of this regulatory dispute will likely impact the trajectory of regulatory frameworks governing the oil and gas industry in India, influencing investment decisions and operational strategies moving forward. The companies seek a balanced regulatory approach that supports industry growth while ensuring compliance with national energy policies and objectives.

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?