Modi government offers auction for 46 oil and gas fields through international bidding
Oil Minister Dharmendra Pradhan said bidding for the Discovered Small Fields Bid Round will open on July 15 and last date of bidding is October 31.
May 25, 2016, 15:33 PM IST
Cabinet clears new price formula for undeveloped gas finds
In a boost to firms like ONGC and Reliance Industries, the Cabinet today approved a new price formula for their undeveloped gas discoveries in difficult areas, which will lead to a near-doubling of rates.
Mar 10, 2016, 11:04 AM IST
Pradhan favours crude cess reduction, says talking to Finanace Ministry
The Petroleum Ministry is talking to the Finance Ministry on reducing the cess that the industry has been seeking since the steep fall in crude prices beginning June 2014, Union Minister Dharmendra Pradhan said today.
Nov 24, 2015, 20:26 PM IST
Gas allocation to be rejigged, CGD projects to get 1st priority
Presently, urea-manufacturing fertiliser plants have the first right over the domestically produced gas, followed by LPG plants and power stations.
Jul 07, 2014, 16:05 PM IST
India plans to ease foreign investment in oil, gas sector
With foreign investment almost drying up in India's oil and gas sector, Petroleum Minister Dharmendra Pradhan on Tuesday promised an overhaul to make policies predictable, transparent and fair to investors.
Jun 17, 2014, 19:39 PM IST
