Petroleum ministry tells ONGC to sell oilfields, hive off drilling and other services into separate firm
This is the third attempt by the oil ministry to get ONGC to privatise its oil and gas fields under the government of Prime Minister Narendra Modi
Reliance Industries Ltd has cut crude oil processing at its exports-only refinery at Jamnagar in Gujarat in March by close to one-fourth as it joins public sector oil firms in cutting run-rate to align production with a coronavirus-induced slump in fuel consumption
Among the benefits of being an AMFTCP member are shared costs & pooled technical resources.
Engineers India Ltd (EIL) said its board of directors in a meeting on Thursday "considered the proposal for acquisition of 100 percent paid-up share capital of PDIL from President of India."
Oil India reacts cautiously as seismic survey hits roadblock in Manipur after rebel group abducts sub-contractors
An official of the Manipur government claimed that efforts were on to break the deadlock for restarting the survey in Jiribam but did not specify any timeframe for the resumption of the operation.
Govt reduced energy subsidies by over Rs 82,000 cr in 3 years, but discoms remain largest beneficiaries
Energy subsidies reduced by over Rs 82,000 crore between 2013-14 and 2015-16, a drop of 38 percent, but subsidies given to electricity transmission and distribution companies rose by over 60 percent
Industry players said there has to be a holistic approach to combat pollution in the national Capital and focus must also be on phasing out old vehicles
OPEC should go for 'responsible pricing', consider India as preferred sales destination, says Pradhan
India sources about 86 percent of crude oil, 75 percent of natural gas and 95 percent of LPG from OPEC member countries.
Govt had 57.02 percent in EIL prior the launch of the Rs 658.80 crore share buyback on 25 July
Chittagong-Tripura pipeline to meet LPG needs in North East may become reality soon: Dharmendra Pradhan
The Ministry of Petroleum and Natural Gas has taken up with Bangladesh for laying a pipeline for carrying natural gas from Chittagong to Tripura to meet the crisis of cooking gas (LPG) in the north-eastern region
The government had last year launched the Pradhan Mantri Ujjwala Yojana to provide 5 crore poor women with free LPG connections in three years with a view to providing clean cooking fuel.
For India’s energy security, it is critical that we incentivise investment in the entire value chain of oil and gas sector including pipelines, CGD network and LNG.
According to the Federation of LPG Distributors of India, the ‘hastily’ implemented Pradhan Mantri Ujjwala Yojana ignored or did not address safety concerns
India's new motorcycle owners drive gasoline boom, number of registered vehicles double every 7 years
Vehicle ownership rates in India remain far below the level in advanced economies as well as other middle-income developing countries, according to the Ministry of Road Transport and Highways.
The new rate would be "fixed on non-discretionary basis," it said, adding the decision is likely to enhance transparency and provide an element of certainty for future investments in gas infrastructure sector.
In June, Ajay Prakash Sawhney, additional secretary in Ministry of Petroleum and Natural Gas was given additional charge of DGH upon superannuation of Director General, BN Talukdar.
RIL believes if all the expenses it had incurred in putting up infrastructure as well as royalties and profit petroleum paid to the government on the share of gas produced is accounted for, ONGC will get nothing.
The price cut today is the second reduction in rates ever - the first being on 1 April.
It remains unclear who the ministry will give charge of NTPC head when Choudhury's term comes to an end on 31 August.
Delhi Police had earlier told the court that offence committed in the case was covered under Official Secrets Act and an inquiry on this aspect was underway.