Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Fuel Pricing
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Guj cities to get cheaper gas at Delhi, Mum rate
SC Upholds HC Order To Centre Gujarat’s cities will get cheaper gas. The Supreme Court on Monday upheld a Gujarat high court order passed last year directing the Centre to supply gas to Ahmedabad at the price it supplies to Delhi and Mumbai.
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Report of the Expert Group to advise on pricing methodology of diesel, domestic LPG and PDS kerosene
This report of expert group set up by the Ministry of Petroleum & Natural Gas on 12th June 2013 has studied the current pricing mechanism for regulated petroleum products, explored various other alternatives for pricing including Export Parity Price (EPP) and made recommendations for a suitable pricing mechanism.
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SC issues notices on KG basin gas pricing issue
Notices issued to Centre, DGH, CBI, Reliance and Niko on a few petitions The Supreme Court today issued notices to the Centre, DGH, CBI, Reliance and Niko on a few petitions raising the issue of KG basin gas pricing and related issues.
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Moily signals retreat on major fuel price reform
Says state transport undertakings may soon get subsidised diesel Making a partial U-turn on the recently-introduced policy of a dual-pricing system for diesel, Petroleum Minister M Veerappa Moily on Tuesday said the government might soon supply subsidised diesel to state transport undertakings (STUs).
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Make Energy Insurance Pool operational, Petroleum Ministry told
To cut down the outflow of dollar and increase the rupee trade for purchase of more crude oil from Iran, the Finance Ministry has asked the Petroleum Ministry to take immediate steps to make the Energy
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Judgement of the of Supreme Court of India on fixation of price of the gas supplied by GAIL (India) Limited dated 17/09/2013
Judgement of the of Supreme Court of India in the matter of GAIL (India) Limited Vs Gujarat State Petroleum Corporation Limited regarding fixation of price of the gas supplied by GAIL.
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Power Ministry seeks approval of Cabinet on gas price pooling mechanism
The Cabinet Committee on Economic Affairs is likely to take up on Thursday the Power Ministry’s proposal for a Rs.11,000 crore subsidy payout to cover the hiked electricity tariffs on account of the proposed
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RIL in fresh trouble as CAG questions Ministry on gas price hike
The government auditor wants to know steps taken to ensure that the firm delivers gas at $4.2 mbtu The Mukesh Ambani-owned Reliance Industries Limited (RIL) is in for more trouble as the Comptroller and Auditor-General has questioned the Petroleum and Natural Gas Ministry over the recent gas price increase and wanted to know the steps taken to ensure that the operator (RIL-BP) delivers gas at $4.2 mbtu as per the approved production plan.
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IOC to go ahead with Ennore LNG project
Contracts to be awarded in the next few months: Chairman A host of contracts for the five million tonne per annum liquefied natural gas terminal proposed in Ennore are to be awarded over the next few months with Indian Oil Corporation, which is setting up the project, deciding to go ahead with the construction.
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KG oil exploration: SC plea seeks scrapping of Reliance contract
Another PIL has been filed in the Supreme Court seeking cancellation of the contract awarded to Reliance Industries Ltd (RIL) and Canada-based NIKO Resources for exploration and production of natural gas