Petroleum And Natural Gas Regulatory Board

These contracts would be available for trading from February 3 on IGX platform, the exchange said in a statement.

Gujarat to become 1st state with 100% piped gas network

Gujarat will become the first Indian state to get completely covered under the piped gas distribution network after the ninth round of bidding, which will see a quarter of the country brought under the network

Guj Gas up 5%, PNGRB nod to expand network in 2 more districts

"Petroleum and Natural Gas Regulatory Board, on July 4, has granted authorisation to Gujarat Gas to lay, build, operate, or expand city or local natural gas distribution network (CGD network) in Panchmahal and Anand districts of Gujarat," says the city gas distribution company in its filing.

Gujarat Gas up 10% on gas distribution permission in Gujarat

"Gujarat Gas has accepted the authorisation from Petroleum and Natural Gas Regulatory Board (PNGRB) to lay, operate, build or expand city or local natural gas distribution network for Ahmedabad district (excluding area already authorised) in Gujarat on June 27," says the company in its filing.

Gujarat Gas up 4% on PNGRB nod for gas distribution in Amreli

"Petroleum and Natural Gas Regulatory Board (PNGRB) has granted to company, an authorisation to lay, build, operate or expand city or local natural gas distribution network (CGD network) for geographical area of Amreli district in Gujarat," the gas distribution company said in its filing.

GAIL up 3%, PNGRB raises KG basin pipeline tariff significantly

Petroleum and Natural Gas Regulatory Board (PNGRB), on March 15, revised KG basin pipeline tariff to Rs 45.32 per MMBTU (million British thermal unit), which is significantly higher compared to previous rate of Rs 5.56 on gross calorific value basis.

IOC opposes move to declare its pipeline as common carrier

The Petroleum and Natural Gas Regulatory Board (PNGRB) last month issued a notice to the declared 20 pipelines of IOC, accounting for close of half of the company's pipeline capacity of 80 million tons, as common carrier by reserving some portion of lines for use by third parties.

IOC-Adani combine bid for CNG licence in 5 cities

Besides Haridwar, Indian Oil Corp (IOC) Adani combine bid for Tumkur, Belgaum and Dharward districts in Karnataka and Udham Singh Nagar in Uttarakhand, according to information available from Petroleum and Natural Gas Regulatory Board (PNGRB).

SC decision on gas regulator's power to set tariffs today

CNBC-TV18's reporter reported that the Supreme Court will gives its decision on IGL and PNGRB case to regulate transport tariff on Wednesday.

PNGRB extends bidding to issue licenses for CNG retailing

Of the 20 cities for which Petroleum and Natural Gas Regulatory Board (PNGRB) wanted to issue city gas distribution licenses, 8 did not get any bid while 4 others got single bids at the close of tender on Friday. "Hence, it has been decided to extend the last date for issuance and submission of bids by one month," PNGRB said in a notice.

Gujarat Gas up 15% on PNGRB nod for expansion in Thane

Shares of Gujarat Gas Company (GGCL) rallied 15 percent intraday Wednesday on getting approval from Petroleum and Natural Gas Regulatory Board (PNGRB) to expand distribution network for Thane.

Cairn to treble gas production from Rajasthan block by 2018

Cairn India plans to treble natural gas production from its predominantly oil-rich Rajasthan block to 3 million standard cubic meters per day by mid-2018.

Oil Ministry to give CNG marketing licence

The Ministry on March 5 issued 'Draft Guidelines for granting Marketing Rights for CNG as Transportation Fuel, including setting up CNG Stations' wherein any entity that has invested Rs 500 crore in oil and gas infrastructure can get rights/license to retail the fuel to automobiles by setting up CNG stations.

Civil Aviation, Petroleum Min to move FinMin on jet fuel

In a bid to bring down the cost of air operations in the country, Civil Aviation and Petroleum ministries would make a joint representation to the Finance Ministry to notify jet fuel as a 'declared good', enabling levying of a flat four per cent tax on it.

PNGRB cuts Gujarat State Petronet's gas grid tariff; stk up

Petroleum and Natural Gas Regulatory Board (PNGRB) has cut Gujarat State Petronet's gas grid tariff by 12.5% w.e.f November 2008, reports CNBC-TV18.

PNGRB has no mandate to control our marketing margins: GAIL

In a big boost to gas utility companies, the Delhi High Court ruled in IGL favour yesterday saying PNGRB did not have the authority to fix tariffs. However, this will hardly have an impact on gas transporters like GSPL and GAIL. BC Tripathi, the CMD of GAIL says transmission companies will continue to fall under the ambit of PNGRB.

Indraprastha Gas gains 3% ahead of verdict on PNGRB case

Delhi High Court is likely to deliver verdict on IGL versus Petroleum and Natural Gas Regulatory Board (PNGRB) case today, reports CNBC-TV18.

LNG hikes in the offing if prices rise: Gujarat Gas

Shaleen Sharma MD of Gujarat Gas tells CNBC TV-18 that although, the retrospective aspect of the Petroleum and Natural Gas Regulatory Board (PNGRB) order was a cause of concern, the decision for 65% BG stake sale in Gujarat Gas has not yet been finalized.

IGL versus PNGRB: Delhi HC says final hearing next Thursday

Indraprastha Gas moved the Delhi High Court against the regulator's move to order a steep cut in gas prices in Delhi, reports CNBC-TV18's Nayantara Rai.

Avoid gas utilities till regulatory woes abate: Edelweiss

Shares of gas utilities plummeted on Tuesday after the Petroleum and Natural Gas Regulatory Board directed Indraprastha Gas to cut tariffs for certain types of gas in New Delhi in a bid to reduce prices for consumers.

IGL cracks on PNGRB gas price blow; promises to fight back

PNGRB has knocked the gas out of city-gas supplier IGL as it fixed the company's new tariffs at a much lower-than-expected level, reports CNBC-TV18's Nayantara Rai.

Indraprastha Gas to contest tariff cut directive in court

Indraprastha Gas Ltd (IGL) approached the Delhi High Court on Tuesday to contest a directive from a government regulator to cut gas tariffs in New Delhi, a top official said.

PNGRB slashes network tariff on piped cooking gas, CNG

Oil regulator PNGRB has slashed the network tariff and CNG compression charge IGL billed on sale of piped cooking gas to households and CNG to automobiles in the national capital, by over 60% and asked the firm to refund to consumers the excess amount charged since 2008.

Sensex, Nifty flat; IGL, GAIL shares hit by tariff cuts

Indian shares were flat to higher as banks recovered after recent steep falls, though oil and gas stocks dropped after a directive from a government regulator to cut gas tariffs in New Delhi raised fears that similar actions would follow.

IGL, GAIL shares plunge on fears of tariff cuts

India's gas utilities dropped on Tuesday after a directive from a government regulator to cut gas tariffs in New Delhi raised fears that similar actions would follow and hit profit margins in the sector.