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India plans to ease foreign investment in oil, gas sector

Last Updated: Tuesday, June 17, 2014, 19:39

With foreign investment almost drying up in India's oil and gas sector, Petroleum Minister Dharmendra Pradhan on Tuesday promised an overhaul to make policies predictable, transparent and fair to investors.

RIL shares stage comeback, up 1.5%

Last Updated: Wednesday, February 12, 2014, 18:53

After rising 2 percent to Rs 821.85 in intra-day trade, RIL's scrip finally ended at Rs 817.45, up 1.48 percent on the BSE.

Govt notifies new gas pricing formula; doubles rate to $8.4

Last Updated: Friday, January 10, 2014, 18:42

Govt notified a new natural gas pricing formula that will be almost double the rate of all domestically produced fuel to USD 8.2-8.4 a unit starting April 1.

SC judge recuses from hearing PIL against price rise of gas

Last Updated: Monday, September 09, 2013, 20:39

A Supreme Court judge Monday recused himself from hearing a plea against the Centre and Reliance Industries Ltd on government's controversial decision to raise the price of natural gas.

Gas pricing: SC to examine policy, issues notices to Centre, RIL

Last Updated: Monday, July 29, 2013, 12:04

The PIL sought the enforcement of relinquishment laws by which government should reclaim 80 percent of the KG Basin gas field that has not been utilised by Reliance.

'Gas pricing reforms to help produce 12 Tcf of gas'

Last Updated: Thursday, July 18, 2013, 18:01

The natural gas pricing reforms initiated by the government will help bring to production at least 12 Trillion cubic feet or nearly four KG-D6-sized gas fields, Bank of America Merrill Lynch said in a report.

Solve natural gas pricing issue: Karuna to Centre

Last Updated: Saturday, June 29, 2013, 13:58

A day after the Union Cabinet approved doubling of natural gas price, DMK chief M Karunanidhi on Saturday urged the Centre to find an alternative way to solve the issue, instead of hiking the prices.

RIL-BP seek clarity on natural gas pricing

Last Updated: Monday, April 15, 2013, 20:36

On his second visit to India in as many months, Dudley along with Ambani met Prime Minister Manmohan Singh and senior government functionaries to brief them about their investment plans as also to seek clarity on regulatory issues.

Antony to head EGoM on natural gas pricing

Last Updated: Tuesday, July 24, 2012, 21:12

Defence Minister A K Antony will head the reconstituted high-powered ministerial panel which will decide if price of natural gas produced by Reliance Industries from KG-D6 fields can be revised before 2014.