The oil ministry that has approached the Cabinet for its approval to launch the next round of annual oil and gas block auctions is simultaneously seeking its clearance for a policy that would allow

SURAT: Gujarat high court on Thursday issued notices to the ministry of petroleum, Government of India, GAIL and Gujarat Gas Company Limited (GGCL) in a petition filed by Surat Citizen Council Trus

The Delhi High court on Wednesday issued a stay on an order issued in November by the Petroleum and Natural Gas Regulation Board for “virtual transport” of Liquified Natural Gas from the west coast

Moving to re-assess the oil and gas potential of the country, Petroleum and Natural Gas Minister Veerappa Moily on Monday announced setting up of a Multi Organisation Team (MOT) to carry out the re

The committee led by former finance secretary Vijay Kelkar, tasked to come up with recommendations for making India energy independent, has suggested the continuation of the current production-shar

The government may have approved the Rangarajan formula that could nearly double the price of domestically produced natural gas starting FY14 given the current rates of benchmark prices cited, but

Notice issued to MoPNG on a contempt plea filed by Dhrangadhra Prakrutik Mandal

Gujarat High Court on Tuesday issued notice to the ministry of petroleum and natural gas (MoPNG) on a contempt plea filed by Dhrangadhra Prakrutik Mandal over short supply of compressed natural gas (CNG) for domestic and vehicular use.

Permits operators to club discoveries of 2 or more blocks for optimum output

India’s proposed exploration policy seeks to give energy companies greater flexibility by eliminating the key role of the management committee headed by the director general of hydrocarbons in approving financial decisions. It also permits operators to club discoveries of two or more blocks for optimum output and allows continued exploration of oil and gas fields.

New Delhi: The Union environment ministry has indicted ONGC for the oil spill that was reported off the Uran coast near Mumbai in October.

Company to furnish $135 m bank guarantee every quarter

The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved giving Reliance Industries Ltd. (RIL) a higher price for natural gas from April next, subject to the company furnishing $135 million bank guarantee every quarter.