Natural Gas

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Official talks on Myanmar-India-Bangla pipeline to start soon

The three countries reached an agreement in 2005 but the Khaleda Zia-led Bangladesh government withdrew from the project after India refused to accept its three additional conditions

At 0.1%, core sector output hits 17-month low in March

Eight core-sector industries have a combined weight of 38 per cent in the IIP. In March last year, the core sector growth was 4%. The previous low was a negative growth of 0.6 per cent in October 2013.

Natural gas price to be cut by 7.6% to $5.18 from April 1

The revised price from April 1 is arrived at by applying the Cabinet-approved formula on the select average global prices for the fuel between January and December 2014.

OilMin to upstream regulator: Solve block disputes by Nov 30

Resolution to boost production by 250 mn barrels of crude a year.

Core sector growth slows to 1.9% in Sept

Crude oil , refinery products, natural gas and fertilisers contract

‘RIL seeks stake sale in US JV for up to $4.5 bn’

The property for sale produces 115 million barrels of oil equivalent per day.

Govt slaps $579 mn additional penalty on Reliance Industries

Reliance Industries penalised for producing less than targeted natural gas from its KG-D6 block,

Government postpones revision in natural gas prices by 3 months

The current rate of USD 4.2 per million thermal units will continue till September end.

Easier investment policies coming soon: Dharmendra Pradhan to global oil majors

ONGC Videsh, the overseas subsidiary of ONGC, is keen to explore blocks in the Arctic, which are in the exploration stage.

Core industries rebound; Output jumps 4.2% in April

Cement, electricity sectors post healthy growth during the month.

Oil ministry returns RIL’s R509 cr bank guarantee

Sources said RIL provided the bank guarantee even though the Election Commission had asked the government to defer implementing the new rate.

Electricity propels core sector growth to five-month high

The core sector comprises 38 per cent of the index of industrial production (IIP). The index had grown an abysmal 0.1 per cent during January.

Supreme Court appoints international arbitrator for Reliance-government dispute

Former CJ of New South Wales appointed as the third and final arbitrator for Reliance natural gas dispute.

Kejriwal poser to Modi: ‘Explain ties with Ambani’

He also asked Modi to clarify the source of funds for his campaign and the relations his party shares with Ambani.

Fuel remix

New challenges, opportunities are emerging in the global energy landscape.