Gas price must be left to auction as Supreme Court and CAG both will not object also if buyers feel costly they must not buy from auction and must buy from abroad .ongc will get rate hike in crude rate to 68 dollars instead of 56 dollar that will help more exploration .board must list ongc videsh
4.10 PM Jul 8th
gas pricing mechanism at advanced stage of finalisation and the possibility of Reliance Industries increasing the output from the KG basin wells, as also ONGC and GSPC likely to step up investments, there is some fresh hope of additional gas flow over the next 12-18 months. The Government is also
10.17 PM Jul 7th
that incremental gas would go to power plants. Since the BJP government has wound up the EGoM on gas pricing and allocation, the new priority list is being vetted by a Committee of Secretaries (CoS) and a final order is likely to be issued shortly, the sources added.
10.12 PM Jul 7th
The EGoM had decided that incremental gas would go to power plants. Since the BJP government has wound-up the EGoM on gas pricing and allocation, the new priority list is being vetted by a Committee of Secretaries (CoS) and a finl order is likely to be issued shortly, the sources added. Sources
10.02 PM Jul 7th
Source:Calcutta Telegraph News - New Delhi, July 4: The government is looking at options to cut the oil subsidy bill, such as a one-time hike in kerosene and cooking gas prices or a phased monthly increase like diesel. “The ministry will put forward different options for the consideration
7.01 PM Jul 7th
G S Agarwal Sir - Govt is under pressure to tackle inflation. Hence Oil and Gas price will be limited. Govt has no way but to shrink Oil Cos profit to stem price rise. Moreover many states are heading for assembly election.. so keep minimum exposure in Oil and gas sector and look for power, banks
6.07 PM Jul 7th
Source:NDTV Profit - New Delhi: Reliance Industries and its partners BP Plc and Niko Resources have slapped an arbitration notice on the government seeking implementation of a delayed gas price rise. The trio had issued a "pre-arbitration notice" on May 9, saying failure
11.49 AM Jul 7th
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