The leading exchange-traded fund for natural gas, so popular that it ran out of shares two weeks ago, has lost 43 percent this year and probably will keep falling until winter, trailing the fuel it’s supposed to track. For full story, click here
Leading automobile manufacturers declared that they are developing engines that run on compressed natural gas as the availability of natural gas is expected to double by this year-end. For full story, click here
ONGC Videsh Ltd (OVL), the overseas investment arm of ONGC, through which the exploration major is routing its bid for Imperial, has fulfilled all pre-conditions for acquisition. For full story, click here
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