India is pushing to renegotiate more liquefied natural gas deals after its success in reaching agreements with some of the world’s largest energy suppliers.
Oil prices witnessed fall during early trade on Thursday after US reported record crude exports, although market participants said that attempts by OPEC to trim output remained well supported.
India’s H-EnergyPvt Ltd, a unit of real estate group Hiranandani, will start operations at its liquefied natural gas (LNG) terminal in the western Maharashtra state by May 2018, its chief executive said on Wednesday.
After getting Qatar and Australia to lower gas price, India is seeking to renegotiate rate of LNG(liquefied natural gas) it has contracted from the US and Russia to reflect current market realities, GAIL Chairman and MD B C Tripathi said on Wednesday.
The arrival of first American oil shipment in Odisha this week marks a significant milestone in India-US partnership, the Trump administration said today.
After the Centre taking a hit of Rs 26,000 crore by cutting excise duty on oil, Finance Minister Arun Jaitley today nudged states to cut sales tax or VAT on petrol and diesel to provide further relief to consumers from high fuel prices.
Petrol price was on Wednesday cut by Rs 2.5 per litre and diesel by Rs 2.25 following the reduction in excise duty on auto fuels.
In a big move, Centre has decided to ask state governments to cut the value-added tax (VAT) on fuel in order to provide further relief to consumers.
India needs an overarching policy aimed at doubling the consumption of natural gas in the country’s energy mix to 15 per cent from the current 6 per cent
Petrol price was on Wednesday cut by Rs 2.50 per litre and diesel by Rs 2.25 following the reduction in excise duty on auto fuels.