The government has banned natural gas and coal-bed methane (CBM) producers from buying their own produce in the newly notified gas marketing freedom guidelines. The government on October 15 notified ...

India has all but lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms for the development of the field, source...

State-run ONGC on Friday said the government was considering a floor price for nominated gas fields or even changing the gas formula with the PSU staring at a loss of Rs 6,000-7,000 crore on domestic ...

A unified tariff proposed by the The Petroleum and Natural Gas Board (PNGRB) in respect of the pipelines forming part of the national gas grid system will encourage more pipelines and boost gas demand...

The crackdown by the National Green Tribunal (NGT) on polluting units is expected to push up the demand for natural gas. Demand for the "clean fuel" will also go up from fertiliser units and...

Oil India Ltd, the nation’s second-largest state-run oil and gas producer, has logged its second quarterly loss in history in the June quarter of 2020 after crude oil prices slumped to a level l...

Prices of natural gas in India are likely to be cut to $1.9-1.94 — the lowest in more than a decade — from October, denting the revenues of producers such as ONGC who are already incurring...

An IIT Mumbai alumnus stuck in Jharkhand because of the lockdown has conceived a project to transform his native place into the state’s first greenfield smart village. Amitesh Kumar, 27, who co...

Unavailability of land to lay a pipeline is proving the biggest hurdle in bringing the environment-friendly compressed natural gas (CNG) to Calcutta, the Gas Authority of India Limited (GAIL) had told...

India and the US are closing in on a trade deal after almost two years of negotiations. Commerce minister Piyush Goyal said the two countries should look at a preferential trade pact covering 50 to 1...