Gas Price

Americans queue up in long lines at food banks as inflation hits new high

Inflation in the US is at a 40-year high and gas prices have been surging since April 2020, with the average cost briefly hitting $5 a gallon in June

Domestic LPG cylinder prices across India up by Rs 25.5; check steps to apply for new gas connection here

Starting today, the 14.2 kg domestic cylinders can now be purchased for Rs 834.50 in Delhi and Mumbai as well

ONGC registers Rs 4,000 crore loss on gas production due to cap on fuel prices, says senior company official

State-owned Oil and Natural Gas Corp (ONGC) logged a Rs 4,000 crore loss on natural gas output in the fiscal year ended 31 March, 2018 as the government mandated price for the fuel was less than the cost of production.

Cabinet clears new price formula for undeveloped gas finds

In a boost to firms like ONGC and Reliance Industries, the Cabinet today approved a new price formula for their undeveloped gas discoveries in difficult areas, which will lead to a near-doubling of rates.

Govt to hike gas price for ONGC, RIL by 60 per cent

In a boost to firms like ONGC and Reliance Industries, the government plans to raise natural gas price by about 60 per cent for their undeveloped gas discoveries in difficult areas.

Gas price cut to discourage new investment in oil sector: S&P

The lower prices will reduce the government's earning from royalty by about Rs 60 crore.

Govt cuts gas price to $3.82, braces for revenue dent by Rs 800 cr

The price cut today is the second reduction in rates ever - the first being on 1 April.

Hike gas prices now: Energy giants RIL, ONGC, BP, Cairn tell govt panel

Energy giants led by Reliance Industries, ONGC, BP and Cairn India today unanimously demanded an immediate hike in natural gas prices.

India FY15 GDP to improve to 5.3%, elections hold key to economic revival: StanChart

Sensex extends gains on reform hopes; rupee rises

The Sensex was up 83.54 points at 19479.35 and the Nifty 23.65 points at 5865.85.