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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm

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[ad_1] This is the first time an Indian company has signed a long-term LNG import deal with Adnoc. New Delhi: India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said. Indian Oil Corporation (IOC) signed the deal as also a similar pact with TotalEnergies of France during Prime Minister Narendra Modi's visit to France and the UAE last week. In a statement, ADNOC Gas said the agreement with IOC for the export of up to 1.2 million tonne per annum (mmtpa) of LNG is "valued in the range of USD 7 billion to USD 9 billion over its 14-year term, signifies a major step forward in the partnership between the two industry leaders." The deal with TotalEnergies Gas and Power Ltd (TotalEnergies) is for the import of 0.8 million tonne a year of LNG for 10 years starting 2026. This is the first long-term deal TotalEnergies has signed with an Indian company. ...

Stocks to Watch: IndusInd Bank, ICICI Pru, HDFC Bank, Patanjali Foods, IOC, and Others - News18

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[ad_1] Stocks to Watch on July 18 Stocks to watch: Shares of firms like IndusInd Bank, ICICI Pru, HDFC Bank, Patanjali Foods, IOC, and others will be in focus on Tuesday's trade. Stocks to Watch on July 18: Nifty futures traded 1.5 points, or 0.01 per cent, lower at 19,778, signaling that Dalal Street was headed for a muted start on Tuesday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: IndusInd Bank, ICICI Prudential Life Insurance, ICICI Lombard, Polycab India, L&T Tech, CIE Automotive, TV18 Broadcast, Network18 Media, Heidelberg Cement, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). HDFC Bank: The private sector lender reported a rise in net profit of 30 per cent year-on-year (YoY) to Rs 11,952 crore in Q1FY24 on the back of steady loan growth and treasury gains. Net interest income for the quarter, meanwhile, grew 21.1 per cent YoY. LTIMindtree: The company registered 4.1 per cent Y...

Ukraine's Kharlan keen to fence against Russians | The Express Tribune

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[ad_1] PARIS: Ukraine fencing great Olha Kharlan believes she and her team-mates should be allowed to compete in individual events and carry the fight to the Russians on "all fronts", she has told AFP. The 32-year-old quadruple world sabre individual champion is angry at the Russian invasion of her country and concerned for her family – her father has slept in the bomb shelter in Nikolayev for the past year, telling her "it is better to stay here." Kharlan is furious with the IOC and the International Fencing Federation (FIE) for permitting Russians and their allies Belarus to compete again, albeit as neutral athletes. But she also strongly takes issue with the Ukrainian government barring its athletes from taking on the Russians individual events. "(IOC President Thomas Bach) keeps saying the IOC and international federations have to give hope to everyone," said Kharlan. "But how many chances do we have to give the Russians? The war is n...