Gas prices are a function of production-sharing contract norms that have legal sanctity and demand-supply dynamics.
Gains for oil marketers with gas network, but city gas distributors may find investment threshold daunting
India’s Reliance Industries and Indian Oil Corporation are seen as potential major buyers of Canada oil.
Sources say North Block wrote to oil ministry calling for statutory status to DGH as it performs sovereign functions that…
E&P major eyes natural gas import to tap domestic shortage
The recently announced mineral extraction tax (MET) concessions on hard-to-extract tight oil in Russia may not give any immediate relief…
The tenth New Exploration Licensing Policy round is expected to kick off soon with mixed sentiments. Reform efforts like the…
India is in talks with Russia to build a pipeline that will bring crude oil on the lines of the…
Interest across crude oil sourcing, terminals, upstream assets.
Oil and Natural Gas Corporation (ONGC) will sign a memorandum of understanding (MoU) with Kuwait Petroleum Corporation
Government may have approved the C. Rangarajan formula that could nearly double the price of domestically produced natural gas…
Oil ministry officials say that they are considering the request.
‘ONGC started 2013-14 with a cash balance of around Rs 13, 200 crore’
Field to produce 10-12 mmscmd of gas and 2.5 mt of oil pa.
Proven & probable reserves fell to about 395.613 mtoe at FY13 end.
RIL and partners getting the government?s nod for pricing KG-D6 gas according to the Rangarajan committee formula is the first…
Production starts at maiden deep-water block in Krishna-Godavari basin
GAIL India is in talks with the Bangladesh government to lay an inter-country pipeline to export gas to the fuel-starved…
