PMT Gas fields case: Centre moves SC against arbitrator
Government Friday moved the Supreme Court seeking removal of foreign arbitrator appointed by Reliance Industries Ltd (RIL) over its dispute over the Panna, Mukta and Tapti oil and gas fields.
Apr 10, 2015, 22:29 PM IST
Sesa Sterlite's iron ore, oil output dips in FY'15
Minerals major Sesa Sterlite Friday reported a decline in production of oil and gas, zinc and iron ore for the financial year 2014-15.
Apr 10, 2015, 17:45 PM IST
CNG, piped cooking gas rates cut in Delhi by 60 paise
A day after natural gas prices were cut by 8 percent, CNG and piped cooking gas rates in the national capital region were today reduced by 60 paisa per kg.
Apr 01, 2015, 20:48 PM IST
CNG price cut by 60 paise per kg
In line with the 8 percent drop in the rates of domestically produced natural gas, CNG prices in the national capital region was on Wednesday cut by 60 paise per kg.
Apr 01, 2015, 19:23 PM IST
Indraprastha Gas to cut CNG price in NCR
The new rates are as per the formula approved by the government in October last year.
Mar 31, 2015, 21:08 PM IST
Core sector growth slows to 17-month low of 1.4% in February
Decline in output of crude oil and natural gas pulled down the growth of eight core industries to 17-month low of 1.4 percent in February.
Mar 31, 2015, 18:45 PM IST
Core sector growth slows down to 1.4% in February
The eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity.
Mar 31, 2015, 17:35 PM IST
Govt lowers April-Sept natural gas prices by 8%
Natural gas prices have been slashed by 8 percent to USD 4.66 per unit for the first half of next fiscal year from April 1 on gross heat value basis.
Mar 31, 2015, 16:37 PM IST
Natural gas price to be cut by 9% to $4.56 from April 1
The government had in October last year fixed natural gas price at USD 5.05 per million British thermal unit.
Mar 30, 2015, 10:44 AM IST
Natural gas price to be cut by 10% to $5.02/unit from April 1
The price of domestically produced natural gas is likely to be slashed by over 10 percent to USD 5.02 per unit from April 1, the first ever reduction in rates of the fuel.
Mar 18, 2015, 10:58 AM IST
Oil Ministry to give CNG marketing licence
Oil Ministry is looking to wrest powers to give CNG retailing licence from sectoral regulator PNGRB as it has issued draft guidelines detailing eligibility for rights to sell fuel to automobiles.
Mar 12, 2015, 17:15 PM IST
Petronet CEO not to get extension; Oil Min looks for new CEO
The Oil Ministry has decided not to extend tenure of Petronet LNG Ltd's CEO A K Balyan till his superannuation in July 2016 and has instead begun search for the new head of the India's largest liquefied natural gas (LNG) importing firm.
Mar 04, 2015, 17:54 PM IST
GAIL drops plan to set up LNG terminal at Paradip
GAIL India, the nation's largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha.
Mar 03, 2015, 18:05 PM IST
EU hopes for 'positive outcome' in Russia-Ukraine gas talks
The EU said it hoped for a "positive outcome" Monday as the Russian and Ukrainian energy ministers held talks in Brussels aimed at resolving gas supply dispute threatening deliveries to Europe.
Mar 02, 2015, 22:35 PM IST
Oil regulator for lower marketing margin on gas: Pradhan
Oil regulator PNGRB has suggested a maximum marketing margin on natural gas sold to fertilizer and LPG plants of about 11.5 cents, less than what state-run GAIL and Reliance Industries currently charge from gas users.
Feb 25, 2015, 18:58 PM IST
OilMin moves proposal to pool gas price for fertiliser plants
After power, the Oil Ministry has moved a proposal to pool or average out prices of domestic natural gas and imported LNG used by fertilizer plants to make the cost of fuel uniform and affordable.
Feb 18, 2015, 18:34 PM IST
Indian Oil Corp to invest Rs 5,300 cr in LPG import facility
Indian Oil Corporation (IOC), the nation's largest oil firm, Monday said it will invest Rs 5,300 crore in setting up an LPG import facility at Paradip in Odisha and laying pipelines.
Feb 02, 2015, 18:45 PM IST
US support Congress move to speed up LNG export license
In a development that could benefit India's effort to import natural gas from the US, the Obama Administration has supported the Congress to approve or deny permits for shipments of Liquefied Natural Gas to Non-Free Trade Agreement countries in 45 days.
Jan 31, 2015, 09:06 AM IST
ONGC says natural gas output to jump 81% by 2019
State-owned Oil and Natural Gas Corp (ONGC) Wednesday said its natural gas output will jump 81 percent to 116 million standard cubic meters per day by 2019 after it bring newer fields in western and eastern offshore into production.
Jan 28, 2015, 18:45 PM IST
RIL, BP to invest about Rs 6000 cr to improve gas recovery
Reliance Industries and its partner BP plc of UK will invest about Rs 6,000 crore by 2016 to help sustain and improve recovery from the two main gas fields in the eastern offshore KG-D6 block.
Jan 28, 2015, 18:24 PM IST
