27 Nov 2015
New Delhi: Keen to revive investor interest in oil and gas sector, Petroleum Minister Dharmendra Pradhan today promised policy interventions to make the sector fair, transparent and attractive to investors.
17 Nov 2015
New Delhi: With current rates considered too low to support exploration and production cost, the government yesterday proposed to free natural gas pricing as well as replace the controversial Production Sharing Contract (PSC) with simpler revenue-sharing regime for all future field auctions.
18 Nov 2015
New Delhi: Natural gas prices for existing fields like KG-D6 of Reliance Industries will dip to USD 3.6 per unit in next fiscal from USD 3.82 currently, Goldman Sachs said today.
17 Nov 2015
New Delhi: The government expects to finalise the new policy for auction of oil and gas blocks during the ongoing financial year, Oil Minister Dharmendra Pradhan said.
14 Nov 2015
Bhopal: NGOs working for the rights of the survivors of the Bhopal Gas disaster today alleged that there was a 'deliberate delay' by the state and Central governments in securing for the affected persons additional compensation from Union Carbide and Dow Chemical.
01 Oct 2015
New Delhi: CNG price in the national capital was yesterday cut by 80 paise per kg and piped cooking gas (PNG) by 70 paise per unit following an 18 per cent reduction in natural gas prices.
06 Oct 2015
New Delhi: An 18 percent cut in natural gas prices will discourage further investments in exploring and developing new gas reserves, Moody's said in its Credit Outlook report yesterday.
18 Sep 2012
The government may have slashed subsidy on LPG cylinders and capped them to six per annum per family but that doesn’t seem to bother Uttar Pradesh Chief Minister Akhilesh Yadav. Surprisingly the minister consumes 8 cylinders every month on his tea parties.
30 Sep 2015
New Delhi: The government today cut natural gas prices by 16 percent to USD 4.24 per unit for the six month period, beginning October 1.
23 Sep 2015
New Delhi: Iran has offered to supply natural gas at USD 2.95 for a urea plant that India will set up at Chabahar Port on the Persian Gulf, but New Delhi wants rates to be lowered.