10 Mar 2016
New Delhi: 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.
10 Mar 2016
New Delhi: The Cabinet today decided to revert to the Oil and Natural Gas Corporation (ONGC) the Ratna and R-series oil and gas fields, off the Mumbai coast, which were previously awarded to Essar Oil but the contract could not be signed.
17 Feb 2016
Moscow: At least seven people were killed in a natural gas explosion in an apartment building in the Russian city of Yaroslavl, the country's emergency ministry said.
16 Feb 2016
Moscow: An explosion of natural gas in a five-story apartment building in a central Russian city has killed at least six people, including two children, and injured nine others, the emergency services said.
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.
28 Dec 2015
New Delhi: The government has further relaxed rules for selling natural gas produced from small and isolated fields by waiving off time stipulation for fields located in the North East India.
05 Aug 2014
Chennai: Indian Oil Corporation is uploading the names of its customers who have opted out of subsidy for cooking gas cylinders of its Indane brand, on its website in a bid to encourage more affluent sections of the people to follow suit.
31 Dec 2015
New Delhi: Qatar has agreed to lower the price of gas it sells to India on a long-term contract by about USD 6 billion to reflect the slump in global energy rates and also waived the Rs 12,000-crore penalty for 'short-lifting' in 2015.
03 Dec 2015
New Delhi: Natural gas prices in India are likely to decline 16 percent next year before recovering gradually, but may not regain the current year rate till at least 2020.
10 Jan 2016
New Delhi: In the ONGC-Reliance Industries natural gas dispute, the Justice AP Shah Committee on fixing responsibility and compensation has started off on a stormy note with the private sector firm challenging its jurisdiction and deciding not to cooperate.