First growth in India’s natural gas production in six years

First growth in India’s natural gas production in six years

India’s natural gas production grew for the first time in six years in 2017-18. Gas output grew 2.35 per cent to 32,649 Million Standard Cubic Meter (MMSCM) primarily due to production from onshore blocks offsetting a decline in production from offshore blocks, an ETEnergyWorld analysis of fresh data from the oil ministry shows.

Price rising, but diesel still way cheaper than petrol

Price rising, but diesel still way cheaper than petrol

Pune The price gap between petrol and diesel has been steadily narrowing over the years, more so in the recent past. Diesel prices have begun to jump sharply since the turn of the year. On January 1, 2018, the retail price of diesel in Pune was approximately Rs 62.36/ litre. Petrol price increase, in comparison, has been more moderate. On Friday, the retail price of petrol was Rs 81.80/litre, while diesel was selling at Rs 68.37/litre.

Piped gas to 3 localities of Patna soon

Piped gas to 3 localities of Patna soon

The Gas Authority of India Limited (GAIL) will shortly launch piped natural gas (PNG) for houses and compressed natural gas (CNG) for transport sector in Patna. The project is coming up as part of the Jagdishpur-Haldia-Bokaro-Dhamra pipeline under Pradhan Mantri Urja Ganga Yojana, which will connect the eastern and north-eastern states to the national gas grid, said GAIL public relations executive Jyoti Kumar on Friday.

Govt Wants More Oil/gas, But Hits Producers Hard

Govt Wants More Oil/gas, But Hits Producers Hard

With the government wanting to reduce oil/gas dependency by 10% by 2022 and 50% by 2050, you would think it would go out of its way to encourage investors by removing onerous levies—70% of all oil/gas profits go to the government—and by rolling out new sops.

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