Oil & gas

Oil ministry justifies gas price hike, may tweak production sharing contracts

16 Jun 2014

Govt panel proposes 75 paise per litre cess on fuel to fund refinery upgrade

13 Jun 2014

Iraq violence sends oil prices towards $112 a barrel

13 Jun 2014

Brent crude oil rose up towards $112 a barrel on Thursday on fears of the volatile situation in Iraq leading to disruption of oil supplies

Russia makes gas price overtures to Ukraine in peace bid

12 Jun 2014

The bruising gas dispute between russia and Ukraine comes amid continuing fighting in eastern Ukraine, where government forces have battled pro-Russian rebels for two months

Govt will shield poor from effects of gas price hike: oil minister

11 Jun 2014

Govt diverting gas from Dabhol to plants in Delhi to address power crisis

10 Jun 2014

US Supreme Court rejects BP's appeal on payments to businesses

10 Jun 2014

The US Supreme Court on Monday declined to block payments BP was required to make to businesses demanding compensation for the 2010 Gulf of Mexico oil spill

Government begins moves to smoothen Iran oil imports

05 Jun 2014

US puts Iran oil sanctions on hold for six months

05 Jun 2014

In a move that could have long-term ramifications for India’s energy sector, the US has “suspended” its sanctions on Iran oil for six months

India asks Iran to use pending oil payments to buy food and medicines

05 Jun 2014

UK to legislate law to ease shale oil exploration

05 Jun 2014

RIL files counter-affidavit in HC against ONGC’s ‘gas stealing’ claim

31 May 2014

India may explore fuel supply to Pakistan, Bangladesh

30 May 2014

CAG again comes down hard on RIL for overpricing K-G gas, cutting govt dues

29 May 2014

In a report released today, the CAG has criticised Reliance Industries Ltd for charging a rate exceeding the government-mandated price for its Krishna-Godavari gas

RIL wins SC ruling for London arbitration of Panna-Mukti row

28 May 2014

The SC, however, ruled that the foreign court should apply Indian arbitration laws and should also look at Indian public policy while deciding the issues

New oil minister avoids talk on gas price hike

27 May 2014

Russian oil major Rosneft signs 12 deals with foreign partners

27 May 2014

RIL ‘saddened’ by ONGC’s gas ‘theft’ allegations; says DGHCbeing misled

24 May 2014

ONGC slapped with record Rs56,384 crore subsidy burden

23 May 2014

RIL aims to raise Rs10,000 cr in debt towards Rs1.5 lakh cr investment plans

23 May 2014

The expansion plans include building more petrochemical plants as well as stepping up exploration and production of oil and gas

Hess Corp to sell US retail business to Marathon Petroleum for $2.6 bn

22 May 2014

Russia, China sign 30-year gas deal

21 May 2014

Oil sector regulator rejects Cairn India’s proposal for 10-year extension of contract

21 May 2014

Russia on verge of signing huge gas supply deal with China

20 May 2014

Prime Minister Dmitry Medvedev says Russia is close to signing a decades-long contract to supply natural gas to China at a price that would value the deal at about $400 billion

ONGC takes RIL to court over ‘stealing’ of its Krishna-Godavari gas

16 May 2014

ONGChas filed a petition in the Delhi High Court alleging that Reliance Industries Ltd is drawing natural gas from an offshore block in the Bay of Bengal that ONGC controls