ONGC opposes govt stake sale before issues are resolved
The government plans to sell 42.77 crore shares, or five per cent of its stake in ONGC worth Rs 17,400 crore at current prices, this fiscal.
Jul 17, 2014, 13:45 PM IST
Oil Ministry to move Cabinet to allow RIL to retain gas finds
RIL has not been able to submit a development plan for D-29, 30 and 31 gas discoveries, which hold an estimated 345 billion cubic feet of reserves.
Jul 16, 2014, 11:03 AM IST
Price of Natural gas should not be increased: Trade Body
A city based trade body, representing the chemical industries, Saturday said the recommendations of the Rangarajan Committee set up during the UPA regime for fixing the price of natural gas had "several flaws" and that the price should not be increased.
Jul 12, 2014, 17:25 PM IST
Economic Survey for market pricing of natural gas
Weeks after the new government deferred a decision on revising natural gas prices, the pre- Budget Economic Survey Wednesday called for market-linked pricing to boost domestic oil and gas exploration, and production.
Jul 09, 2014, 19:47 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
ONGC to invest Rs 5,700 crore in Mumbai High North development
State-owned Oil and Natural Gas Corp (ONGC) Friday said it will invest over Rs 5,700 crore in redevelopment of its giant Mumbai High (North) oil and gas field off the west coast.
Jun 27, 2014, 19:30 PM IST
Govt defers decision on natural gas prices by 3 months
In a setback to gas producers like Reliance Industries, the government on Wednesday postponed revision in natural gas prices by three months pending a "comprehensive" review to make a controversial pricing formula more palatable.
Jun 25, 2014, 20:40 PM IST
Govt to slap additional penalty of $578 million on RIL
The government plans to impose an additional penalty of USD 578 million on Reliance Industries for producing less-than-targeted natural gas from its eastern offshore KG-D6 block.
Jun 25, 2014, 15:41 PM IST
Second high level Cabinet meeting on gas price today
The second high level Cabinet meeting on gas prices is scheduled to be held on Tuesday. Principal Secretary Nripendra Misra will be chairing the meeting.
Jun 24, 2014, 09:10 AM IST
Sugar prices set to go up; natural gas may also get dearer?
The price of sugar may go up after the Centre decided to increase import duty on it. Also, the government is mulling an increase in natural gas prices.
Jun 24, 2014, 07:22 AM IST
Gas price: PM meets Pradhan, Jaitley
Prime Minister Narendra Modi on Sunday met Oil Minister Dharmendra Pradhan for the second time in three days, apparently to hammer out an acceptable increase in natural gas prices that could be announced soon.
Jun 22, 2014, 17:20 PM IST
India's energy imports may rise to $230 billion by FY23: Goldman
India's annual energy import bill could jump to USD 230 billion by FY'23 from the current USD 120 billion but could get reduced significantly by switching from oil to natural gas and improving conservation, says a Goldman Sachs report.
Jun 20, 2014, 13:56 PM IST
India logs largest decline in gas production, consumption
India, the fourth largest energy consumer globally, recorded the largest volumetric decline in natural gas production and consumption last year, BP Statistical Review of World Energy 2014 said Monday.
Jun 16, 2014, 17:39 PM IST
GAIL stake in ONGC petrochem project to come down to 11.6%
State-run gas utility GAIL India Ltd will cut its equity stake in ONGC's mega petrochem project at Dahej to 11.6 percent as project faces major cost overrun.
Jun 15, 2014, 20:21 PM IST
GAIL 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
