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  • Book Excerpt: The Next Stop | How is natural gas pricing done in India? Apr 14, 2021 03:01 PM IST

    Book Excerpt: The Next Stop | How is natural gas pricing done in India?

    A new book edited by energy expert Vikram Singh Mehta looks at different aspects of natural gas use in India, including policy changes and reforms in pricing.

  • Natural gas price far below average production cost: Icra Apr 03, 2017 03:58 PM IST

    Natural gas price far below average production cost: Icra

    Following the implementation of modified gas pricing, the rate of domestic gas reduced to USD 2.48 per million British thermal unit for first half of 2017-18 (April-September), less than half of USD 5.05 when the formula was first applied in November 2014.

  • Will fix formula for premium on gas pricing soon: Pradhan Aug 28, 2015 07:59 PM IST

    Will fix formula for premium on gas pricing soon: Pradhan

    The Modi government's Make in India policy will take manufacturing to new heights and there will be a huge requirement of energy, Pradhan said, adding that as per the estimates in the next 15 years there will be huge demand for petroleum products.

  • IGL surges 16%, SC rejects PNGRB's plea in gas pricing case Jul 01, 2015 10:54 AM IST

    IGL surges 16%, SC rejects PNGRB's plea in gas pricing case

    Earlier in April 2012, the dispute begun when PNRGB had directed IGL to cut its retail prices. Delhi High Court backed the company, saying there were no statutory provisions that allowed PNRGB to fix retail gas prices.

  • RIL AGM: Pros see increased competition in media, telecom Jun 12, 2015 12:33 PM IST

    RIL AGM: Pros see increased competition in media, telecom

    Prayesh Jain of IIFL says the chairman's vision is like magnum opus but one will have to wait and see how it pans outs. "We will have to wait for the numbers to start trickling in. It will take atleast another year for the numbers to come in, only then will more clarity emerge on the valuation front," he adds.

  • Govt can now abolish subsidies amid crude fall: Ex-CMD ONGC Dec 02, 2014 10:57 AM IST

    Govt can now abolish subsidies amid crude fall: Ex-CMD ONGC

    According to Sudhir Vasudeva, Former CMD, ONGC, investors need clarity on gas pricing and subsidy formula, as new gas price revisions have fallen short of expectations.

  • Gas pricing, subsidy sharing key triggers for ONGC: IDFC Nov 21, 2014 01:33 PM IST

    Gas pricing, subsidy sharing key triggers for ONGC: IDFC

    Upstream oil companies such as ONGC, Oil India and GAIL are likely to benefit the most from lower subsidy payout, Prakash Joshi, metals analyst at IDFC says.

  • PM Modi meets NDA MPs, tells them to think above politics Oct 27, 2014 08:40 AM IST

    PM Modi meets NDA MPs, tells them to think above politics

    The focus of the meeting was on the upcoming winter session of Parliament. The ministers gave presentations on different government schemes including Jan Dhan Yojana and Swachh Bharat Abhiyan.

  • Is more upside left in ONGC post gas price hike? Oct 20, 2014 04:31 PM IST

    Is more upside left in ONGC post gas price hike?

    ONGC is unlikely to go beyond Rs 435-440 level, market expert Ambareesh Baliga said.

  • Expect Reliance to report flattish Q-o-Q growth: Religare Oct 13, 2014 12:15 PM IST

    Expect Reliance to report flattish Q-o-Q growth: Religare

    Nitin Tiwari, VP- Institutional Research, Religare Capital Markets expects Reliance petrochemical margins to be better on a sequential basis. However, RIL may post weak earnings on the back of frail US refining margins, he adds.

  • Doing biz: India aims high but CEOs lament current state Sep 11, 2014 07:41 PM IST

    Doing biz: India aims high but CEOs lament current state

    The Economist India Summit was marked by attendants and speakers expressing confidence in the prospects of the Indian economy while some executives lamented the current state of affairs when it came to doing business.

  • Gas pricing report on Sep 10; Ranga formula may be junked Sep 08, 2014 10:15 PM IST

    Gas pricing report on Sep 10; Ranga formula may be junked

    The four-member secretaries panel is expected to submit its report on the gas pricing issue by September 10. A final decision on the matter is expected by the end of this month.

  • Diesel deregulation a theoretical question now: DK Sarraf Sep 08, 2014 10:05 AM IST

    Diesel deregulation a theoretical question now: DK Sarraf

    DK Sarraf, CMD, ONGC feels deregulation of diesel is a theoretical question now, given that diesel under recovery stands at 8 paise a litre only. Some reforms are anticipated on the LPG front too.

  • Floor price need not be stipulated in gas pricing: Moily Dec 19, 2013 10:26 PM IST

    Floor price need not be stipulated in gas pricing: Moily

    Oil Ministerr Veerappa Moily says cap/Floor price need not be stipulated in gas pricing.

  • Govt allows Coal India to produce gas from coal seams Dec 19, 2013 07:31 PM IST

    Govt allows Coal India to produce gas from coal seams

    The Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Manmohan Singh, allowed Coal India (CIL), the world's largest coal miner, to explore and produce coal-bed methane (CBM) in its existing mines, Coal Minister Sriprakash Jaiswal said.

  • RIL-BP to invest $ 8-10 bn to produce more gas Oct 18, 2013 08:21 PM IST

    RIL-BP to invest $ 8-10 bn to produce more gas

    The meetings come at a time when the Oil Ministry at the insistence of the Finance Ministry is seeking to deny RIL-BP a gas price revision for producing less than projected gas from their eastern offshore KG-D6 fields.

  • New gas pricing policy will apply uniformly to all: Moily Sep 26, 2013 07:09 PM IST

    New gas pricing policy will apply uniformly to all: Moily

    RIL, on the other hand, blames unforeseen geological complexities for the fall in output and believes the reserves in D1&D3 are actually less than one-third of 10.03 Trillion cubic feet predicted two years before the field began output in April 2009.

  • Govt to seek approval for POSOCO, gas pricing autonomy Sep 26, 2013 04:17 PM IST

    Govt to seek approval for POSOCO, gas pricing autonomy

    Post the autonomous status of POSOCO, the organisation will act as a regulator for the transmission grid primarily engaged in maintaining grid discipline and discouraging overdrawal of electricity by the states.

  • EGoM on gas to meet on August 14 on power plant allocation Aug 08, 2013 06:03 PM IST

    EGoM on gas to meet on August 14 on power plant allocation

    A ministerial panel may meet on August 14 to consider diverting a small volume of gas from non-priority users to fuel-starved generation plants.

  • EMs haven't lost sheen yet; cherry pick stocks: Nilesh Shah Jun 28, 2013 10:14 AM IST

    EMs haven't lost sheen yet; cherry pick stocks: Nilesh Shah

    Nilesh Shah of Axis Direct says emerging markets' slowdown is only a temporary feature.

  • Gas explorers gain on reports of CCEA meet on gas pricing Jun 27, 2013 12:13 PM IST

    Gas explorers gain on reports of CCEA meet on gas pricing

    Dealers, however, have added that the government may offset the benefit of a price hike by increasing the subsidy burden on upstream companies.

  • See govt fixing gas price at $6.5-8.5/mmbtu: Feedback Infra Jun 27, 2013 11:45 AM IST

    See govt fixing gas price at $6.5-8.5/mmbtu: Feedback Infra

    Vinayak Chatterjee, chairman, Feedback Infrastructure expects the government to hike the prices of gas in the range of USD 6.5-8.5/ mmbtu.

  • Rangarajan-led team to aid govt price gas: Sources May 30, 2012 05:52 PM IST

    Rangarajan-led team to aid govt price gas: Sources

    According to government sources, CNBC-TV18 has learnt that a committee led by C Rangarajan will be set up to help the government decide on gas pricing

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