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Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Indian Oil issues tender for short-term lease of LNG storage tank

The terminal worth 51.5 billion rupees is India's fifth, and the first to be located on the east coast in south India.

12 Jun 2019 4:55 AM

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

No plan to completely ban petrol and diesel vehicles: Dharmendra...

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 July 2019 7:09 AM

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

India's petrol imports in July hit highest in at least eight years

Petrol imports rose to 230,000 tonnes in July, the highest since PPAC data going back to 2011.

22 Aug 2019 9:29 AM

Minister of Road Transport and Highways Nitin Gadkari. (Photo: PTI)

No need to ban petrol, diesel vehicles; EVs picking up momentum...

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin...

23 Sept 2019 12:57 PM

Petronet LNG, Indias biggest liquefied natural gas importer, has paid a 12.5 per cent higher commission-on-profit to its chief executive Prabhat Singh and company directors in the fiscal year ended March 31, 2018.

Petronet Board disfavoured USD 2.5 bn US LNG deal in Apr; signs...

Petronet signed a MoU with Tellurian "wherein Petronet and its affiliates intend to negotiate the purchase of up to 5...

23 Sept 2019 12:42 PM

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: sources

The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

14 Jan 2020 5:30 AM

Over the past 5-6 months, LNG prices in Asia have increased by over 70 per cent, driven by rising imports from China, it said.

City gas cos likely to take a hit

This, however, will have a bearing on the margins of CGD companies,â€ said Mayur Patil, associate director, Crisil...

2 Aug 2018 8:20 PM

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

India seeks revision in gas price from TAPI pipeline

TAPI pipeline is nearly 1,680-kilometers long, with 735-km in Afghanistan and nearly 800-km in Pakistan.

22 Aug 2018 5:12 AM

Oil Minister Dharmendra Pradhan

Pradhan talks LNG deal with US energy secretary

Rick Perry said co-operation between India and the US in energy sector is in mutual interest.

9 March 2017 6:52 AM

GSPC, which had a debt of Rs 19,716.27 crore as on March 31, 2015, has so far made nine gas discoveries in the Bay of Bengal block.

Petronet may purchase stake in GSPC's Mundra LNG terminal

GSPC first offered its 50 per cent stake in the project to IOC, but the company was not willing and so it moved on to...

21 Jun 2017 8:51 AM

Representational image.

Bring natural gas under GST: Qatar's RasGas

Gulf company says move will make taxes on green fuel uniform and spare consumers from cascading multiple levies.

6 Dec 2016 10:56 AM