IOC opposes move to declare its pipeline as common carrier

State-run IOC has opposed oil regulator PNGRB's move to declare 20 of its petroleum product pipelines as common carrier to allow third party access for transportation of fuel, saying the move will hamper refinery industry and may lead to supply issues.

PNGRB invites bids for CNG retailing licences in 34 cities

Oil regulator PNGRB has invited bids for giving CNG retailing licences in 34 cities, including Amethi in Uttar Pradesh, Ahmedabad in Gujarat and Bhatinda in Punjab.

Delhi HC stays CCI proceedings against IOCL, HPCL& BPCL

The PSUs in their plea have challenged the October 21, 2013 order of the CCI by which it had held that it had the jurisdiction to look into petrol pricing of the oil companies.

Guidelines on city gas distribution network soon: PNGRB

S Krishnan, PNGRB Chairman, on Saturday said the guidelines are expected to be ready in 12 weeks after which opinion from public and other stakeholders will be invited. After this, the final norms will be issued by PNGRB.

Oil Min to seek explanation from Reliance Gas Transportation

The official said PNGRB has not yet taken any view on the authorisations granted by state-owned GAIL India Ltd.

HC quashed PNGRB decision on slashing gas tariffs

The Delhi High Court on Friday quashed the Petroleum and Natural Gas Regulatory Board (PNGRB) order, which had slashed with retrospective effect the network tariff and compression charges for CNG distributed by Indraprashta Gas Limited (IGL) in Delhi and adjoining areas.

HC reserves order on IGL's plea, PNBRG says no coercive steps

The Delhi High Court on Thursday reserved its order on a plea by Indraprastha Gas Ltd against Petroleum and Natural Gas Regulatory Board's (PNGRB) decision to slash network tariff and CNG compression charge and to ask the company to refund excess amount to consumers since 2008.

PNGRB empowered to frame regulations: Centre

The Centre Tuesday told the Delhi High Court that Petroleum and Natural Gas Regulatory Board (PNGRB) is empowered to frame regulations for the interest of the general public and oil and gas companies are bound to follow them.

Gas utility stocks tank 46% on fears of tariff cuts

Shares of gas companies, led by Indraprastha Gas, Tuesday nosedived by up to 46 percent in the morning trade amid reports that Petroleum and Natural Gas Regulatory Board has directed the company to cut gas tariffs in Delhi.