India’s crude oil import bill is set to exceed $100 billion in the current fiscal, almost double its spending last year as international oil prices trade at seven-year highs. The country sp...
The government on Thursday hiked by 62 per cent the prices of domestic natural gas used by fertiliser units, power plants and CNG for automobiles and piped natural gas supplied to households.
The pri...
The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for hou...
The Delhi high court has put on hold state-run ONGC’s notice inviting a tender (NIT) and the consequent e-auction with regard to sale of natural gas from its block in the Krishna-Godavari (KG) b...
Reliance Industries on Wednesday sought bids from the buyers of coal gas produced from its CBM blocks in Madhya Pradesh at a minimum price of about $6 at the current oil price. It sought bids for 0.82...
Crude oil imports declined in August, though at a slower pace, as soaring coronavirus cases continued to hit mobility and slowed economic recovery, government data showed on Monday.
Crude oil imports...
The country’s fuel demand in August saw its biggest decline in monthly sales since April because of a surge in coronavirus cases which continue to impact economic activity.
Sales of refined fue...
India’s crude oil imports fell in July to their lowest since March 2010 as fuel demand slowed.
Crude oil imports last month slumped about 36.4 per cent from a year earlier to 12.34 million tonn...
Domestic natural gas prices were cut by 12.5 per cent to $3.23 per million British thermal unit (mBtu) for the six-month period beginning October 1 from $3.69 at present.This is the first reduction in...
India’s fuel demand in May was unchanged from a year earlier, preliminary government data showed on Saturday, indicating a continued slowdown in various sectors, including industrial output.Fuel con...