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    1. Business News
    2. Authors
    3. saurabh kumar

    Saurabh Kumar

    GEM Laboratories, GEM, Bengaluru, bangalore, DSF policy
    No change of field, GEM Labs told; asked to apply afresh

    Bengaluru-based GEM Laboratories has been told by the Directorate General of Hydrocarbons that its demand for allocation of a new…

    By Saurabh Kumar
    May 18, 2018 04:02 IST
    shell companies, Crackdown on shell companies, Narendra Modi, economy, money laundering
    Letting go: Shell India to exit PMT fields

    With production from the offshore Panna-Mukta-Tapti (PMT) fields falling, operator Shell India has written to the Union government that it…

    By Saurabh Kumar
    May 16, 2018 05:22 IST
    crude oil, India, strategic oil reserve, first crude oil consignment
    New beginning: First ship for India’s strategic oil reserve to set sail today

    India is set to receive its first ever crude oil consignment for storing in the newly built strategic oil reserve…

    By Saurabh Kumar
    May 12, 2018 02:26 IST
    US, donald trump, India, oil prices, Iran, oil import
    Looming US sanctions: India may not cut oil imports from Iran

    Tehran provides Indian importers a credit of 90 days compared with around 30 days by other suppliers. Iran is the…

    By Saurabh Kumar
    May 10, 2018 06:12 IST
    railways, indian ralway, freight revenue
    Window dressing: Pay in advance, Indian Railways tells bulk customers

    NTPC, others oblige; move to help national transporter improve balance sheet.

    By Saurabh Kumar
    Updated: May 7, 2018 05:05 IST
    oil, oil and gas, crude oil, oilcos, oil company, petroleum, loan waiver, oil cess
    Enhanced recovery: Oil companies to be offered sops

    With a view to ramp up production from ageing hydrocarbon fields in the country, the ministry of petroleum and natural…

    By Saurabh Kumar
    May 2, 2018 03:22 IST
    In an interview with Saurabh Kumar, Mohammad Jamshed, member-traffic, Railway Board, talks about the road map for 2018-19 and beyond.
    We are targeting 40% freight traffic market share by 2022, says Mohammad Jamshed, member-traffic, Railway Board

    The financial year 2017-18 was relatively better for the Indian Railways in terms of traffic and earnings compared with previous…

    By Saurabh Kumar
    April 28, 2018 05:20 IST
    The move was patently contrary to the terms of production-sharing contracts (PSC), which allow full cost recovery by the oil explorer-producers.
    Some relief: Move to cap oilcos’ cost recovery dropped

    In what would give a modicum of relief to the high-tax-paying hydrocarbon exploration companies including Reliance Industries and Cairn, the…

    By Saurabh Kumar
    April 26, 2018 05:45 IST
    Import dependence for gas too has risen steadily (from 36.2% in FY15 to 45.4% in FY18), although its domestic production touched a five-year high in FY18.
    Hydrocarbon sector: Import intensity on the rise despite PM’s roadmap for relief

    In March 2015, speaking at the global hydrocarbon meet ‘Urja Sangam’ here, Prime Minister Narendra Modi delivered a passionate call…

    By Saurabh Kumar
    April 25, 2018 06:42 IST
    Indian Railways is exploring options other than DFCs, like high-speed passenger corridors and capacity augmentation of existing lines, to tackle the most niggling issue of congestion on tracks, especially on the Golden Quadrilateral.
    Behind schedule: Rethink on four planned dedicated freight corridors

    Indian Railways is exploring options other than DFCs, like high-speed passenger corridors and capacity augmentation of existing lines, to tackle…

    By Saurabh Kumar
    April 25, 2018 05:53 IST
    LPG, LPG applicants, PMUY
    Success Story: Spurt in number of LPG applicants under Pradhan Mantri Ujjwala Yojana

    The GSA is being observed across 17,000 villages over a period of 21 days starting April 14, 2018 and the…

    By Saurabh Kumar
    April 17, 2018 05:43 IST
    bus services, shatabdi, indian railways, shatabdi routes
    Welcome change or warning bells? Bus services overtake Shatabdi on busy, short routes

    In comparison, the other two premium-category trains — Rajdhani and Duronto — have seen average occupancy of 83% and above…

    By Saurabh Kumar
    April 16, 2018 05:29 IST
    niti aayog, government of india, niti aayog screen consultants
    Now, Niti Aayog to screen all Government of India consultants

    The move comes at a time when Niti Aayog itself is hiring external consultants to bring in talent to strengthen…

    By Saurabh Kumar
    April 15, 2018 04:43 IST
    Essar Oil & Gas to spend $1 bn in Raniganj for shale gas

    The company holds the largest CBM acreage in the country with five blocks having an estimated 10 trillion cubic feet…

    By Saurabh Kumar
    April 13, 2018 04:51 IST
    Essar, Essar Oil UK, jet fuel,  Essar Oil UK
    Essar Oil UK looks to raise jet fuel output

    The refinery is now capable of producing 145 KT of aviation fuel per month which was 120 KT before implementation…

    By Saurabh Kumar
    April 13, 2018 04:25 IST
    Oil and gas, oil sector, oil industries
    Oil and gas: Discovered small fields – New entrants likely to start production first

    While six-seven hydrocarbon areas awarded under the discovered small fields (DSF) policy are expected to start production in 2019, the…

    By Saurabh Kumar
    April 11, 2018 04:57 IST
    Reliance Industries, KG D6 Block, gas discovery, gas, oil field, deep sea 
    KG-D6 Block: Reliance Industries to surrender two deep-sea finds

    Reliance Industries (RIL) has been asked by the Directorate General of Hydrocarbons (DGH) to relinquish two deep-sea satellite gas discoveries—D6…

    By Saurabh Kumar
    April 9, 2018 03:39 IST
    gail, gail india, gail india, split. economy
    GAIL (India) to be split

    Company to separate into pipeline, gas-marketing entities to protect customer interest.

    By Saurabh Kumar
    April 4, 2018 04:49 IST
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