Petroleum Ministry Demands $2.81 Billion From RIL And Its Partners Over Alleged Gas Extraction From ONGC's Block
According to an earlier filing, the Delhi High Court on February 14 overturned an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
Mar 04, 2025, 17:09 PM IST
Jaisalmer Tubewell Water Burst: Saraswati River Or Natural Gas? Amid Social Media Buzz, Govt Officials Say...
Jaisalmer Water News: On Sunday, ONGC officials inspected the site and determined that the gas was neither poisonous nor flammable, easing immediate concerns.
Dec 30, 2024, 20:56 PM IST
India's Wholesale Price Inflation Eases To 4-Month Low Of 1.31 Per Cent In Aug
The annual rate of inflation based on WPI Food Index decreased from 3.55 per cent in July to 3.26 per cent in August, as per data from Ministry of Commerce and Industry.
Sep 17, 2024, 13:55 PM IST
GAIL Launches ‘Waah Kya Energy Hai’ Campaign To Promote Clean Fuel
A witty and emotional delivery of the story line and character arcs of the Mishra family makes their stories relatable, engaging the viewers.
Jun 14, 2024, 20:00 PM IST
CNG, Piped Cooking Gas To Cost 10% --Here's Why
Rates of piped cooking gas, called PNG, and CNG have jumped 80 per cent in one year to August 2022. This follows a spurt in international energy prices.
Apr 07, 2023, 08:14 AM IST
Union Cabinet Caps Rates To Rein-In CNG, Piped Cooking Gas Prices
The Union Cabinet decision was taken to ensure a stable pricing regime for domestic consumers of natural gas.
Apr 06, 2023, 21:45 PM IST
Cold Wave: Chinese Residents Suffer Amid Natural Gas Shortage
Many towns and cities now lack the money they need even to pay their own employees, much less to maintain adequate supplies of gas for homes.
Jan 25, 2023, 19:38 PM IST
Oil Ministry freezes gas allocation, prices of CNG, PNG spike: Report
The prices of APM gas for CNG and PNG have been revised from USD 2.90 per million British thermal unit to USD 6.10, an increase of 110 per cent.
Apr 17, 2022, 09:45 AM IST
Budget 2022: Bring natural gas under GST to realise PM's vision of gas-based economy, urges industry
The government should bring natural gas under the Goods and Services Tax, an industry body has said.
Jan 26, 2022, 17:30 PM IST
Indian Oil to invest $944 million on gas sales network in nine new areas
The new licences awarded to IOC relate to major districts of some states.
Jan 16, 2022, 23:06 PM IST
CNG costlier? Rates can go up by 11% as Centre hikes gas price by 62%
The Centre has increased the prices of natural gas by 62%. Natural gas is used for several purposes such as generating electricity.
Sep 30, 2021, 20:16 PM IST
Eight core industries output grew 0.1% in January 2021, growth due to fertiliser, steel and electricity production
The core sectors had expanded by 2.2 per cent in January 2020, according to the provisional data released by the Commerce and Industry Ministry. During April-January 2020-21, the sectors' output declined by 8.8 per cent against a growth rate of 0.8 per cent in the same period of the previous year.
Feb 26, 2021, 19:17 PM IST
Significant step towards gas based economy! Natural Gas Marketing Reforms approved
The objective of the policy is to prescribe standard procedure to discover market price of gas.
Oct 07, 2020, 16:43 PM IST
India's green vision to see full duty exemption on LNG
Petroleum Ministry officials said they are hopeful that this cut would be included in the Union Budget 2019-20 proposals to be presented in Parliament this July. The matter has already been discussed with the Finance Ministry.
May 30, 2019, 17:12 PM IST
CNG, piped cooking gas prices to go up as natural gas prices to rise by 10%
Natural gas prices are set every six months - on April 1 and October 1 every year - based on average rates in gas-surplus nations such as the US, Russia and Canada.
Mar 29, 2019, 18:01 PM IST
US to lift ban on offshore drilling off the coasts of Florida, California
US President Donald Trump`s administration has announced plans to roll back a ban on new offshore drilling off the coasts of Florida and California and was considering over 40 sites for leasing of natural gas and oil production, the media reported.
Jan 05, 2018, 09:35 AM IST
Dharmendra Pradhan pitches for including gas in GST
Crude oil, petrol, diesel, aviation turbine fuel (ATF) or jet fuel and natural gas are not included in GST.
Nov 28, 2017, 15:04 PM IST
Dharmendra Pradhan asks Oil PSUs to boost gas supplies to states
India consumed 14 million tonnes (MT) of pet coke during April-October 2017, marginally lower than 14.9 MT used in same period of last fiscal. Of the fuel consumed, only 8 MT was produced locally and the rest was imported.
Nov 21, 2017, 21:01 PM IST
Govt raises natural gas price by 16.5% to $2.89 mmBtu
The government also hiked the cap price based on alternate fuels for undeveloped gas finds in difficult areas like deepsea which are unviable to develop as per the existing pricing formula.
Sep 29, 2017, 20:40 PM IST
ONGC strikes 'good' offshore oil, gas find: Sources
The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.
Sep 20, 2017, 12:53 PM IST