The proposal by a high-powered committee to the Ministry of Petroleum and Natural Gas (MoPNG) to withdraw the facility of allocating low-priced domestic gas is likely to impact city gas distributors (CGD) including Indraprashtra Gas (IGL), Mahanagar Gas (MGL), and Gujarat Gas.
Union Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship, Dharmendra Pradhan on Monday launched NIO and MRSC for Open Acreage Licensing Programme (OALP) Bid Round-II.
India`s Bharat Petroleum Corporation Ltd (BPCL) plans to build a $3 billion petrochemical unit to serve the Mumbai region, a company official said, to profit from the country`s expected surge in demand for petrochemicals as its economy expands.
A day after DNA Money reported how 18% levy under goods and services tax (GST) has killed 80% of bio-diesel industry in India, ministry of petroleum and natural gas on Wednesday had a consultative meeting in which stakeholders were invited for suggestions for drafting a roadmap for new bio-fuel policy in India.
The Indian Oil Corporation Ltd. (IOCL), under the aegis of the ministry of petroleum and natural gas, is organising a first-of-its-kind petrochemical investors conclave on November 16 to attract investments in the petroleum and plastic sectors.
With more than 3 crore liquefied petroleum gas (LPG) connections issued within 18 months since the launch of the Pradhan Mantri Ujjwala Yojana
India and the US will soon intensify the work on development of shale gas in coastal India with more US companies likely to join the exploration process, sources in the Ministry of Petroleum and Natural Gas told Express.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.51 per barrel (bbl) on 23.08.2017.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.56 per barrel (bbl) on 22.08.2017
The government has slapped additional penalty of USD 264 million (about Rs 1,700 crore) on RIL and its partners for producing less than the targeted natural gas from the KG basin block in 2015-16.