Natural Gas Exploration

Order of the National Green Tribunal regarding violation of environmental norms by a tyre pyrolysis plant, village Sakauti, Shamli, Uttar Pradesh, 28/05/2025

Order of the National Green Tribunal in the matter of Dr. Amit Kumar Vs State of Uttar Pradesh & Others dated 28/05/2025. The applicant has raised a grievance against setting up of a tyre pyrolysis plant by M/s Adideva Carbon LLP. According to the applicant, the tyre pyrolysis plant has …

DGH to invite bids for seven CBM blocks under fifth round of auction

The Directorate General of Hydrocarbons will soon offer seven coal bed methane blocks under the fifth round of bidding with the Central Mine and Planning & Design Institute (CMPDI) finalising the data dossier. The DGH had engaged CMPDI in 2011 to identify CBM blocks and prepare a list for the …

Uniform Gas Price Policy to be brought soon: Moily

The proposed policy will ensure parity in the price of imported and locally-produced gas The Union Ministry of Petroleum and Natural Gas will soon bring in a Uniform Gas Price Policy to ensure parity in the price of imported and locally-produced gas. "I have worked out the policy, but don't …

Rangarajan plan for profit sharing ready for Cabinet

Petroleum minister Veerapa Moily has prepared a Cabinet note, recommending a new formula suggested by the Rangarajan panel to split profits between the exchequer and fuel producers from oil and gas blocks to be awarded in the future to avoid disputes over timely payment of the state’s share of profits. …

Fast-track push for 20 offshore exploration blocks

New Delhi: n Petroleum ministry knocks on investment body’s door for clearances Move would benefit RIL, Cairn, BP, BHP Billiton and ONGC The petroleum ministry is set to approach the Prime Minister-led Cabinet Committee on Investment (CCI) for fast-tracking the approvals for 20 offshore exploration blocks, held up for want …

Refining, petchem back in reckoning for RIL

Sharp decline in production from flagship Krishna-Godavari basin has changed the business mix for the company An unimpressive performance on its exploration and production front has brought the refining and marketing and petrochemicals business back in the reckoning for Reliance Industries Ltd (RIL), India’s highest valued company. Over the quarters, …

GAIL, Deep Energy consortiums bag oil and gas blocks

The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved the award of oil and gas blocks to two consortiums led by GAIL India and Deep Energy, respectively.However, the CCEA, headed by Prime Minister Manmohan Singh, rejected the Ishar Gasoil’s bid for three blocks — RJ-ONN-2010/1, GV-ONN-2012/1 and CB-ONN-2010/2 — …

Energy is under-priced, needs phased rationalisation: PM

Prime Minister Manmohan Singh on Monday pushed for phased rationalisation of energy prices to bring them in line with international prices to meet the targeted rapid inclusive and sustainable growth. Energy remained under-priced in the country with coal, petroluem products and natural gas prices remaining well below international prices, he …

RIL, Cairn allowed to explore in producing fields

In his first major decision, the petroleum minister, M Veerappa Moily, has allowed Reliance Industries and Cairn India to explore oil and gas within producing fields, subject to conditions. The ministry, which had been sitting on the proposal for over a year, wrote to the directorate general of hydrocarbons (DGH) …

Panel recommends pricing domestic gas at global average

Natural gas prices in the economy are expected to rise as a panel led by the Prime Minister’s Economic Advisory Council chairman C Rangarajan has asked for linking domestic prices to an average of international hub prices and the cost of imported LNG. The report submitted to Prime Minister Manmohan …

Indian petroleum and natural gas statistics 2011-12

The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the important segment of Petroleum and Natural Gas Industries have also been presented in the publication. The Statistics presented in the current …

ONGC's highest gas output for November from Gujarat

As against planned gas production of 95.87 mcm, company produced 153.992 mcm Oil & Natural Gas Corporation Ltd (ONGC) has achieved highest natural gas production from its Gujarat gas fields for the month of November, a statement from the union ministry of petroleum and natural gas (MoPNG) showed. As against …

No end to troubles for GSPC

Faces Hurdles In Environment Clearance In Andhra Pradesh There seems to be no end to the trouble of the state PSU, Gujarat State Petroleum Corporation (GSPC). Under fire from activist-turned-politician Arvind Kejriwal for an alleged scam of Rs 20,000 crores for its offshore gas exploration in KG Basin, off Andhra …

Oil ministry allows Cairn India to further explore Rajasthan fields

The oil ministry has approved further exploration in Cairn India's operational oilfields in Rajasthan to increase production. “The proposal was pending with us for more than one and a half years. According to the existing PSC, the contractors are not prohibited for exploration in producing fields, however, we have given …

Oil panel may go for profit share based on output

The C Rangarajan panel, which is likely to give its report on the licensing of oil and gas fields in a week, is expected to favour production-linked payment for profit-sharing between the government and oil explorers, replacing the existing system of linking it to investments. Currently, producers can decide whether …

Rangarajan panel may ask govt to go for output-linked payment for oil, gas contracts

The Prime Minister-appointed Rangarajan Committee may this week suggest sweeping changes in future oil and gas contracts by asking explorers to bid for a percentage of output they would share with the government. Sources said the panel may ask the government to move to a production-linked payment regime where explorers …

Cabinet Note Likely on CIL Plan to Explore CBM

The coal ministry is likely to move a cabinet note seeking permission for Coal India to extract coal bed methane (CBM) in its leasehold areas, the chairman of the state-run miner has said. The development follows a request by Kolkata-based Coal India that instead of auctioning new CBM blocks in …

PetroMin officials to explain RIL D6 block's revenue implications, price-rise demand

Parliament’s standing committee on finance has summoned senior petroleum ministry officials to explain the revenue implication of falling gas production from Reliance Industries Ltd’s (RIL’s) D6 block in the Krishna-Godavari basin (KG-D6) and the company's demand to increase the price. Earlier this month, it had questioned the finance and revenue …

Parliamentary panel orders Ministry study of Reliance gas production row

Parliament’s Standing Committee on Finance has ordered a comprehensive study into allegations that Reliance Industries Limited may have deliberately scaled back production of gas from fields in the Krishna-Godavari basin, a highly-placed source in the body has told The Hindu . The Finance Ministry has been given time till November …

Oil exploration works opposed in Manipur

Imphal: United Committee on Protection of Natural Resources, Tipaimukh has demanded that the Manipur Government and Jubilant Oil and Gas Private Limited withdraw all efforts of exploration in the area. All the MoUs signed on the issue should be declared as null, invalid and void and the government should immediately …

Welspun Energy to set up solar power proj in Chhattisgarh

Will invest Rs 1,000 crore for the proj, which is to be commenced in 2015 Welspun Energy today said it will invest Rs 1,000 crore in setting up a 100 MW solar power project in Chhattisgarh. Welspun Renewables Energy Ltd (WREL), a subsidiary of Welspun Energy, has inked an MoU …

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