Apr 14, 2021 03:01 PM IST
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.
- Apr 03, 2017 03:58 PM IST
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.
- Aug 28, 2015 07:59 PM IST
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.
- Jul 01, 2015 10:54 AM IST
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.
- Jun 12, 2015 12:33 PM IST
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.
- Dec 02, 2014 10:57 AM IST
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.
- Nov 21, 2014 01:33 PM IST
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.
- Oct 27, 2014 08:40 AM IST
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.
- Oct 20, 2014 04:31 PM IST
ONGC is unlikely to go beyond Rs 435-440 level, market expert Ambareesh Baliga said.
- Oct 13, 2014 12:15 PM IST
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.
- Sep 11, 2014 07:41 PM IST
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.
- Sep 08, 2014 10:15 PM IST
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.
- Sep 08, 2014 10:05 AM IST
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.
- Dec 19, 2013 10:26 PM IST
Oil Ministerr Veerappa Moily says cap/Floor price need not be stipulated in gas pricing.
- Dec 19, 2013 07:31 PM IST
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.
- Oct 18, 2013 08:21 PM IST
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.
- Sep 26, 2013 07:09 PM IST
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.
- Sep 26, 2013 04:17 PM IST
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.
- Aug 08, 2013 06:03 PM IST
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.
- Jun 28, 2013 10:14 AM IST
Nilesh Shah of Axis Direct says emerging markets' slowdown is only a temporary feature.
- Jun 27, 2013 12:13 PM IST
Dealers, however, have added that the government may offset the benefit of a price hike by increasing the subsidy burden on upstream companies.
- Jun 27, 2013 11:45 AM IST
Vinayak Chatterjee, chairman, Feedback Infrastructure expects the government to hike the prices of gas in the range of USD 6.5-8.5/ mmbtu.
- May 30, 2012 05:52 PM IST
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