Reliance Industries’ flagging KG basin D6 block has seen natural gas output slip further, leading the government to disallow $2.756 billion in cost, Oil Minister Dharmendra Pradhan said today.
Around two crore poor families have been provided with new LPG connections, taking to 19 crores the total number of families having gas connections in the country, the government told the Rajya Sabha on Monday.
सरकार ने कहा है कि गरीबी रेखा से नीचे आने वाले दो करोड़ परिवारों को मुफ्त एलपीजी कनेक्शन मुहैया करा दिया गया है. सरकार ने बताया कि देश में एलपीजी (घरेलू रसोई गैस) का इस्तेमाल करने वाले परिवारों की संख्या बढ़कर 19 करोड़ हो गयी है.
Around two crore poor families have been provided with new LPG connections, taking to 19 crore the total number of families having gas connections in the country, the government told the Rajya Sabha today.
Oil prices were nearly unchanged last week as the Opec and IEA monthly reports gave mixed set of signals. While the compliance to output cuts has been nearly 100 per cent from the Opec side, relative non-compliance of Non-Opec coupled with steadily climbing US production is keeping prices under pressure.
Finance minister Arun Jaitley, while presenting the Budget for 2017-18, made an interesting announcement that will have far-reaching consequences for the petroleum sector.
Oil minister Dharmendra Pradhanbrought PM Narendra Modi’s ‘Urja Ganga’, an energy lifeline for eastern India, to his home state Odisha on Saturday by kicking off work on city gas networks in Bhubaneswar and Cuttack.
The order, which was bagged and will be executed by L&T’s subsidiary, L&T Hydrocarbon Engineering relates to ONGC’s Neelam Re-Development & B173AC projects. It entails building of one
Reliance Industries rated ‘Overweight’; Morgan Stanley says energy investments to boost earnings until FY20
What’s next: This was the key investor question in the past two weeks after RIL’s 17% outperformance versus Sensex. While investor debate on telecom earnings and energy project execution may continue near term
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets.