natural gas

Dharmendra Pradhan asks Oil PSUs to boost gas supplies to states

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

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

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

Two dead in natural gas explosion at US school

The explosion occurred Wednesday morning in the center part of one of the school buildings, where a construction crew was working.

 

Aug 04, 2017, 09:52 AM IST
Natural gas may be included in GST, to benefit ONGC

Natural gas may be included in GST, to benefit ONGC

The oil ministry has taken up with the finance ministry for early inclusion of all the five exempted products in GST.

Jun 27, 2017, 16:14 PM IST
Mukesh Ambani blinks, drops gas price challenge against govt

Mukesh Ambani blinks, drops gas price challenge against govt

The withdrawal of the arbitration will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deepsea at an investment of Rs 40,000 crore by 2022.

Jun 23, 2017, 13:14 PM IST

Tissue paper, cucumber, gas among 199 new items in WPI basket

The government on Friday released the new series of the WPI with change in base year to 2011-12 from 2004-05 and after rejigging the items in the basket for making the index more reflective.

May 12, 2017, 20:20 PM IST

ONGC eyes 17% jump in crude output, 66% in gas by 2022

The nation's biggest oil and gas producer has prepared 'Roadmap' for Import Reduction.

Apr 04, 2017, 16:10 PM IST
Qatar restarts development of world's biggest gas field after 12-year freeze

Qatar restarts development of world's biggest gas field after 12-year freeze

Qatar has lifted a self-imposed ban on development of the world`s biggest natural gas field.

Apr 04, 2017, 15:04 PM IST
Core sector growth slows down to 1% in February

Core sector growth slows down to 1% in February

The growth of eight core sectors slowed down to 1 percent in February mainly due to contraction in output of crude oil, natural gas, refinery products, fertiliser and cement.

 

Mar 31, 2017, 17:39 PM IST
ONGC seeks gas price review; wants floor rate fixed at $4.2

ONGC seeks gas price review; wants floor rate fixed at $4.2

State-owned Oil and Natural Gas Corp (ONGC) has sought a review of the natural gas pricing formula as rates have dropped below cost.

Mar 22, 2017, 15:35 PM IST
OilMin moves Cabinet to get RIL, ONGC pricing freedom

OilMin moves Cabinet to get RIL, ONGC pricing freedom

In a boost to firms like Reliance Industries and ONGC, the oil ministry has moved a proposal to the Cabinet for allowing pricing freedom for natural gas produced from coal seams.

Mar 14, 2017, 14:32 PM IST

Price of Natural gas to get hike of 8% from 1 April

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Feb 20, 2017, 19:58 PM IST
Reliance Industries-ONGC gas row: Arbitration next port of call

Reliance Industries-ONGC gas row: Arbitration next port of call

As oil regulator DGH finalises the amount Reliance Industries may have to pay for producing ONGC's gas, the matter appears headed for arbitration owing to the premise used by AP Shah Committee that went into the issue.

Nov 01, 2016, 16:26 PM IST

IGL cuts CNG, PNG rates after cut in domestic natural gas price

With the government cutting the price of domestic natural gas, state-run Indraprastha Gas Limited (IGL) on Sunday announced a reduction in the selling prices of compressed natural gas (CNG) and piped natural gas (PNG) in Delhi and the NCR cities of Noida, Greater Noida and Ghaziabad with effect from midnight.

Oct 02, 2016, 22:53 PM IST

Gas price for industrial use cut by 18%

Price of natural gas, used for generating power, making fertiliser and supplying CNG, was on Friday cut by 18 percent to USD 2.5 per million British thermal unit, fourth reduction in 18 months.

Sep 30, 2016, 18:30 PM IST
ONGC Board approves pact to take stake in GSPC gas block

ONGC Board approves pact to take stake in GSPC gas block

The Board of Oil and Natural Gas Corp (ONGC) at its meeting on September 8 approved signing of an MoU for taking a stake in Gujarat Petroleum Corp Ltd's (GSPC) difficult gas block, sources privy to the development said.

Sep 25, 2016, 14:17 PM IST
Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project

Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project

State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd Wednesday signed pacts to take 49 percent stake in Adani Group's Rs 6,000-crore Dhamra LNG project in Odisha.

Sep 21, 2016, 17:55 PM IST
July core sector growth at 3.2% vs 5.2% in June

July core sector growth at 3.2% vs 5.2% in June

Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.

Aug 31, 2016, 18:42 PM IST
Shah panel submits report on compensation from RIL to ONGC

Shah panel submits report on compensation from RIL to ONGC

Justice AP Shah Committee Wednesday submitted a 'comprehensive report' on the compensation Reliance Industries should pay to ONGC for producing state-run firm's gas for the past seven years.

Aug 31, 2016, 16:58 PM IST