Oil companies will have to take a collective hit of about Rs 25,000 crore a year after the roll-out of the goods and services tax since most of their output is outside the ambit of the new system,
U.S. natural gas storage was expected to end the April-October injection season at a below-normal 3.7 trillion cubic feet (tcf) at the end of October, according to analysts.
India’s first producer of natural gas from coal seams in the country’s oldest mining region will spend about $1 billion to look for some of the newest forms of energy
The Center on Global Energy Policy at Columbia University, together with NITI Aayog and the Confederation of Indian Industry
State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) is planning to bring on stream its Kutch offshore basin, the country’s eighth new basin, over the next 2-3 years, Chairman and Managing Director (CMD) DK Sarraf said on the sidelines of an industry event organized by United Nations Global Compact Network (UN-GCN) India.
Bangladesh’s excessive dependence on natural gas for electricity generation and its failure to develop other energy alternatives to feed its economy has weakened its energy security.
Rs 50,000 Crore to be invested for revival of closed fertilizer plants; Setting up of gas pipeline network to connect Eastern India to National Gas Grid
Talcher Fertilizer Plant to be revived with an investment of Rs 8,000 Cr; Rs 20,000 Cr investment for revival of Fertilizer Plants in Gorakhpur; Barauni & Sindri; Rs 13,000 Cr investment for 2650 KM Pradhan Mantri Urja Ganga Pipeline Project; LNG terminal at Dhamra with an investment of Rs 6,000 Cr
The much-awaited Rs 42,000-crore Barmer refinery in Rajasthan by state-run Hindustan Petroleum Corporation Ltd (HPCL) may get a fresh lease, as the ministry of petroleum and natural gas may sign a fresh memorandum of understanding with the Rajasthan government this week with revised fiscal package for the project.
India will build pipelines to carry diesel and natural gas to Bangladesh as the world’s third largest energy consumer looks to strengthen ties with the neighbour.
India on Friday marginally cut the natural gas price paid to producers to $2.48 per million British thermal unit (mbtu), according to an official notification.