This despite 113 finds from 254 blocks since 1999
India needs a sustained supply of oil and gas to support its growth ambitions.
Requests Cabinet secretariat to fast-track Rs 5,000-crore block
Even as India’s natural gas production is stagnant and demand for the fuel is set to rise sharply, the Comptroller…
The periodic hike in diesel prices and the cap on the number of subsidised LPG cylinders per household have dented…
Company has already apportioned 1 mtpa gas to Singapore trading desk
RIL believes commercial production is remunerative at a price closer to $8-10.
Talks under way for 5-year, 5-mmscmd deal
A host of existing oil producers, including the state-owned ONGC, have sought extensions of their existing leases so as to…
* RIL falls 2% on fears it may have to supply shortfall at $4.2/mmBtu
Helped by a fall in global crude prices and the ongoing deregulation of fuel prices, under-recoveries at oil marketing companies…
Gas could be priced at $10-11/mmBtu against imported LNG?s $14-17
Oil and Natural Gas Corporation (ONGC) has initiated talks with Reliance Industries seeking a deal to share infrastructure at the…
Even as India looks to push through a controversial hike in gas prices at home, the country is simultaneously working…
Even as the Cabinet Committee on Economic Affairs (CCEA) readies to take up gas pricing this week, petroleum minister M…
Oil and Natural Gas Corporation (ONGC) might soon approach the government to reduce the minimum work programme (MWP) for its…
88 projects okayed in April, one project due since 2004
The petroleum secretary, Vivek Raje, will hold a meeting on Friday with oil industry officials.
