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  • Natural gas prices in Europe soar on pipeline setback Nov 17, 2021 06:22 PM IST

    Natural gas prices in Europe soar on pipeline setback

    The price of gas next month in the Netherlands , which is considered to be a benchmark for Europe, jumped almost 8% on Wednesday to hit 101.30 euros per megawatt-hour (MWh), its highest since Oct. 18.

  • Domestic natural gas price raised by 62%, touches $2.90 per mmBtu for October 2021 to March 2022 Sep 30, 2021 07:06 PM IST

    Domestic natural gas price raised by 62%, touches $2.90 per mmBtu for October 2021 to March 2022

    Earlier this year, the price of domestic natural gas was kept unchanged at $1.79 per mmBtu for April 2021 to September 2021.

  • Slashing domestic gas prices may lower rev for cos: Ind-Ra Oct 06, 2016 07:24 PM IST

    Slashing domestic gas prices may lower rev for cos: Ind-Ra

    The 18 per cent cut in natural gas prices will lower revenues of producers by around Rs 2,000 crore during second half of 2016-17 fiscal, India Ratings and Research (Ind-Ra) said today.

  • Gas prices may dip 17% to $3.15 in April Feb 15, 2016 09:10 AM IST

    Gas prices may dip 17% to $3.15 in April

    As per the new gas pricing formula approved by the NDA-government in October 2014, gas prices are to be determined on a semi-annual basis and calculated based on a volume weighted average of rates in gas surplus nations of the US, Canada and Russia, based on the twelve-month trailing average price with a lag of three months.

  • Natural gas price to be cut by 9% to $4.56 from Apr 1 Mar 27, 2015 03:13 PM IST

    Natural gas price to be cut by 9% to $4.56 from Apr 1

    The government had in October last year fixed natural gas price at USD 5.05 per million British thermal unit based on weighted average of international hub rates. This was on gross clarofic value (GCV) basis.

  • MCX Crude prices can head higher towards Rs 5850/bbl: Angel Sep 11, 2014 01:14 PM IST

    MCX Crude prices can head higher towards Rs 5850/bbl: Angel

    According to Angel Commodities, crude oil prices on the MCX (Rs.5656) can head higher towards Rs.5850/bbl.

  • Gas price hike: Oil min rebuts charges of gains to RIL Jul 05, 2013 10:31 PM IST

    Gas price hike: Oil min rebuts charges of gains to RIL

    A week after doubling of natural gas prices were approved, the oil ministry on Friday rebutted charges of the move resulting in windfall gains to Reliance Industries (RIL), saying new gas production from the company's fields will not start before 2017-18.

  • CCEA to consider gas price hike tomorrow Jun 26, 2013 05:14 PM IST

    CCEA to consider gas price hike tomorrow

    The Cabinet Committe on Economic Affairs will decide on the prices of natural gas; the first time in three years, in its meeting scheduled for tomorrow.

  • Moily asks Kelkar to suggest roadmap for freeing gas prices May 22, 2013 12:08 AM IST

    Moily asks Kelkar to suggest roadmap for freeing gas prices

    Oil minister M Veerappa Moily has asked the Vijay Kelkar panel on energy security to suggest roadmap for freeing natural gas prices by March 2017

  • Gold prices likely to go down: Emkay May 02, 2013 02:32 PM IST

    Gold prices likely to go down: Emkay

    Emkay Commodity Research has come out with its report on precious metals and energy. According to the research firm, Gold prices are likely to go down as investors would remain cautious ahead of the ECB policy meet today.

  • ONGC shares jump 5% on natural gas price hike hope Jan 24, 2013 09:57 AM IST

    ONGC shares jump 5% on natural gas price hike hope

    State-controlled oil & gas producer Oil and Natural Gas Corporation (ONGC) rallied more than 6 percent in early trade on Thursday on hopes for hike in natural gas prices

  • Plunge in natural gas prices is reshaping energy industry Mar 29, 2012 09:20 AM IST

    Plunge in natural gas prices is reshaping energy industry

    Natural gas prices are falling near levels last seen in the 1990s, which could help spur the US to develop more uses for the fuel, including transportation.

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