Targets to up production by 17% from nine assets by FY18
Private explorer Reliance Industries Ltd (RIL) extracted at least 9 billion cubic metres (BCM) of gas from government-owned explorer ONGC’s…
Proposal will benefit private players like Reliance Industries, Essar
RIL, Essar Oil and GEECL have committed to invest around $2 billion in CBM blocks over next 3-5 years
The government will seek a higher share of revenue from Cairn India’s Barmer hydrocarbon block as a precondition for extending…
OVL would have to compete with at least 15 global explorers from Canada, Norway, Australia, UAE and Nigeria, among others.
India buying the minimum possible on its long-term contracts
The Petroleum and Natural Gas Regulatory Board (PNGRB) has put out 34 areas for bidding to set up city gas…
PNG prices could reduce by Rs 2.1-2.3/scm, while CNG rates may fall ball Rs 2.8-3.0/kg, said India Ratings and Research…
State-owned ONGC will commence production from two coal-bed methane (CBM) blocks — Bokaro and North Karanpura — by as early…
The price of domestic natural gas is decided based on a formula approved by Modi-government in October last year, which…
The petroleum ministry has called a meeting of explorers including ONGC, Reliance Industries (RIL), Essar Oil and Great Eastern Energy…
After three failed attempts by the Public Enterprises Selection Board (PESB) to find the chairman and managing director for Oil…
Had the production from Reliance Industries’ KG-D6 block been 69 million metric standard cubic metres per day (mmscmd), the peak…
Shell expects LNG demand to rise by 5% every year over the next couple of decades, while global gas demand…
Despite deregulation, pvt sector slow to expand retail operations
Remunerative pricing MUST for projects to take off, Firms tell oil ministry
Though IOC’s proposal has been there for a while, New Delhi now feels its relationship with the new government in…
