Oil & gas

City gas projects may get top priority in new allocation policy

07 Jul 2014

Competition Commission slaps Rs25.67 cr penalty on Adani Gas

07 Jul 2014

RIL appoints UK judge David Steele as arbitrator in gas dispute

07 Jul 2014

David Steele, a London-based commercial law expert, has also been a judge of the Commercial and Admiralty Courts, London and is currently an associate judge of the Dubai International Financial Centre

Over 100 employees of OMCs give up LPG subsidy; option open to public

07 Jul 2014

Govt looking at innovative ways of tackling subsidy burden: oil minister

07 Jul 2014

The government is looking at new reform measures for containing fuel subsidy without giving consumers a price shock

Oil India completes acquisition of 50% stake in Russian oil block

05 Jul 2014

New study links Oklahama earthquakes to fracking

04 Jul 2014

Hydraulic fracturing, known as fracking, a controversial process, uses high-pressure blasts of water mixed with a chemical cocktail that are injected into wells to fracture rock and unlock trapped natural gas

Norwegian companies Statoil and Statkraft to receive £1.6 billion subsidies for setting up UK wind farm

02 Jul 2014

Non-subsidised LPG to cost Rs16.50 more per cylinder; ATF prices up 0.6%

02 Jul 2014

The increase in rates of non-subsidised LPG and ATF accompanies the Rs1.69 a litre hike in petrol and Rs0.50 a litre hike in diesel announced yesterday

Petrol price hiked by Rs1.69 a litre, diesel prices up 50 paise

30 Jun 2014

India must shift energy focus from oil and coal: Pachauri

30 Jun 2014

R K Pachauri, chairman of the Intergovernmental Panel on Climate Change (IPCC), has termed India’s decision to increase the number of coal-based power projects as a "wasteful approach"

US regular gasoline prices rise to highest average at $3.98 a gallon

28 Jun 2014

ONGC to spend Rs5,700 cr on upping output from Bombay High

28 Jun 2014

State-run explorer Oil & Natural Gas Corp (ONGC) on Friday said it would invest over Rs5,700 crore in re-development of its giant Mumbai High (North) oil and gas field

Govt announces relief for victims of GAIL fire accident

27 Jun 2014

Explosion at GAIL gas pipeline in Andhra leaves 14 dead, 30 injured

27 Jun 2014

Companies seek new ways to export oil from US as production booms

26 Jun 2014

CCEA defers decision on gas price hike by 3 months

25 Jun 2014

Announcing the decision, minister for petroleum and natural gas Dharmendra Pradhan said there was need for comprehensive discussions on gas price revision

Govt trying to keep revised gas price below $6.8 per mmBtu

24 Jun 2014

According to indications, the increase in gas prices will be $2 lower than the $8.4 per mmBtu price recommended by the UPA government

Govt wants Reliance Industries to drop arbitration notice: report

23 Jun 2014

RIL had, last month, served a notice of arbitration on the petroleum ministry, following it up with another notice on the appointment of an arbitrator

India again looks to Iran as Iraq trouble sends oil prices soaring

20 Jun 2014

Benchmark crude prices are trading at a nine-month high as Islamic militants battle government forces in Iraq, which is now India’s second-biggest oil supplier

India to pay $1.65 billion of Iran oil dues via UAE central bank

19 Jun 2014

India to facilitate larger foreign investments in oil & gas sector

17 Jun 2014

Gas only for cash, Russia’s Gazprom tells Ukraine

17 Jun 2014

ONGC may hike stake in Rajasthan block for extended operation

17 Jun 2014

EU worried as Russia threatens to close gas-supply to Ukraine

16 Jun 2014

The breakdown of the talks is likely to increase political tensions between Kiev and Moscow as Ukrainian government forces clashed with pro-Russian separatists in east Ukraine