Falling crude, LNG, coal prices huge positive for India: Crisil
Falling prices of crude oil, thermal coal and liquefied natural gas (LNG) are huge positive for India as energy imports account for 36 percent of its total imports last fiscal, research firm Crisil Research said here.
Aug 21, 2014, 19:41 PM ISTOIL completes acquisition of 50% stake in oil block in Russia
OIL bought the stake from Ireland-registered, Russia- focused firm PetroNeft Resources plc in License 61 in Tomsk Oblast in Russia.
Jul 04, 2014, 16:57 PM ISTIndia's gas production to stagnate without pricing reforms: IHS
IHS said low regulated gas prices have precipitated a supply shortfall in India, but proposed that reforms to the pricing formula could yield higher domestic production and boost India's economy.
Jun 11, 2014, 17:44 PM ISTGAIL offers to sell US gas at cheaper rate than LNG from Qatar
State gas utility GAIL India Ltd is offering gas supplies from the US at USD 12-13, at least a dollar less than the price at which India currently imports the fuel from Qatar on long-term contracts.
Jun 08, 2014, 21:17 PM IST