Last Updated: Friday, March 21, 2014, 20:33
Reliance Industries on Friday dubbed as a "canard" allegations that the near-doubling of natural gas prices will lead to a similar hike in domestic cooking gas (LPG) and inflation in food item rates.
Last Updated: Tuesday, March 18, 2014, 16:15
The report estimates that global energy consumption will grow by 41 percent from 2012 to 2035.
Last Updated: Monday, January 13, 2014, 16:25
Close on the heels of the biggest-ever increase of Rs 4.50 per kg, the cost of CNG may go up by a steep Rs 8 per kg from April 1 when natural gas prices will almost double.
Last Updated: Monday, December 23, 2013, 17:44
Natural gas prices in India may jump to USD 10 within three years of implementation of the Rangarajan formula, generating enough additional revenue to meet higher subsidy outgo on the fertiliser sector.
Last Updated: Wednesday, November 27, 2013, 15:45
The Union Cabinet had in June decided to price all domestically produced natural gas at an average of the price prevailing at international gas trading hubs and the actual cost of importing liquid gas (LNG).
Last Updated: Tuesday, November 26, 2013, 17:37
Oil Minister M Veerappa Moily on Tuesday ruled out reversal of the decision to double natural gas prices from April 1 next year and said that the notification on this will be issued shortly.
Last Updated: Tuesday, November 19, 2013, 16:41
Compressed natural gas (CNG) is used by automobiles and piped natural gas (PNG) is supplied as a cooking fuel.
Last Updated: Wednesday, August 07, 2013, 20:14
The panel also said Reliance Industries should supply the quantity it had committed but failed to deliver in the past three years at the old rate of USD 4.2.
Last Updated: Friday, July 05, 2013, 20:23
A week after doubling of natural gas prices was approved, the Oil Ministry today rebutted charges of the move resulting in windfall gains to Reliance Industries, saying new gas production from the company's fields will not start before 2017-18.
Last Updated: Friday, June 28, 2013, 12:02
A day after deciding to nearly double natural gas prices to USD 8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
Last Updated: Thursday, June 27, 2013, 09:02
Biting the bullet, the government Thursday approved near doubling of natural gas prices to USD 8.4 from April 1 next year, a move which will result in rise in power tariff, urea cost and CNG prices.
Last Updated: Friday, June 21, 2013, 17:02
CPI sought resignation of Petroleum Minister Veerappa Moily and probe into ministry`s proposal to hike natural gas prices, alleging it would subvert national interests and favour big corporate house.
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