Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
Petronet LNG has gained 31.5 per cent since the closing lows of Rs 122.77 in May. The rise comes on the back of benefits accruing to the company from the steady rise in demand for gas. The supply, however, has been limited, given the falling production from the Krishna-Godavari (KG) …
Though the work at 5-MTPA Kochi terminal is likely to be completed in the current fiscal (FY13), the non-availability of pipeline infrastructure will limit the benefits Petronet LNG has gained more than 32 per cent since the closing lows of Rs 122.77 in May 2012. The rise comes on the …
Stating that Reliance Industries Limited (RIL) had not granted full access to KG-D6 block records to Comptroller and Auditor General (CAG), Petroleum and Natural Gas Minister M. Veerappa Moily, on Tuesday, told Parliament that CAG had said that since full access to KG-D6 records was pending, the Petroleum Ministry should …
Appoints Foster Wheeler as consultant to prepare project report Even as domestic gas production has fallen 8 per cent, Oil India Ltd (OIL) is planning to set up a liquefied natural gas ( LNG) receiving terminal in India. The company plans to set up a 2.5-million tonne (mt) capacity terminal. …
The Kerala High Court has directed the Union Ministry of Environment and Forests and the State Government to file an affidavit in response to a writ petition seeking steps to prevent any possible chemical accidents on the site and off site project areas of the Petronet LNG terminal here. A …
The Government of India constituted this committee to look into the Production Sharing Contracts (PSCs) mechanism in petroleum industry. The exploration and production policy for hydrocarbons is a cornerstone of our energy security, since India has a large and growing demand for energy and substantial hydrocarbon reserves that remain to …
Qatar has defended its right to host U.N. talks on slowing global warming even though its greenhouse gas output per capita is the highest in the world and it has made no pledge to cut it. Qataris produce almost three times as many carbon emissions on average than Americans and …
New Delhi In a rare administrative move, petroleum and natural gas minister Veerappa Moily has withdrawn a note circulated by his predecessor Jaipal Reddy to the members of a ministerial panel, which had opposed an immediate price hike sought by Reliance Industries (RIL) for the gas from its KG-D6 block. …
The wait for the east coast to have a liquefied natural gas (LNG) terminal might get longer, with Bharat Petroleum Corp Ltd (BPCL) and Oil and Natural Gas Corp Ltd (ONGC), the two state-run companies that had proposed to jointly develop a terminal in Mangalore, putting the plan on hold. …
New Delhi Amid the controversy over the pricing of gas at its KG-D6 block, Reliance Industries (RIL) has reiterated its demand for a steep hike in the price in a letter to the prime minister’s economic advisor C Rangarajan. Seeking what is called “import parity price” for domestically-produced gas, the …
New Delhi The petroleum ministry will soon come out with a policy on setting up LNG infrastructure in the country to expedite the development of the domestic gas market, hobbled by the wide gap between demand and indigenous production of the green fuel. While the petroleum and natural gas regulatory …
The Rajasthan State Petroleum Corporation Limited (RSPCL) signed a joint venture agreement with GAIL Gas Limited here on Monday for laying a natural gas supply pipeline in the State and formulation of a long-term action plan for domestic, commercial and industrial consumption of gas. RSPCL Managing Director Ajitabh Sharma and …
The slow pace of laying of the inter-state pipeline, and the delays in signing up for marketing tie-ups for the sale of natural gas is likely to delay the commissioning of the Petronet LNG Terminal at Puthuvype near here. The project was earlier scheduled to be completed by the year-end …
London The world's top oil and gas firms are struggling to deliver the output growth they need to outpace the burgeoning cost of exploration and development. Third-quarter results from Exxon Mobil, Royal Dutch Shell and other top international players released over the past few days mostly beat expectations thanks to …
New Delhi In his last days at the Union petroleum ministry, S Jaipal Reddy had reiterated his opposition to a hike in the price of natural gas from the current $4.2 per unit at Reliance Industries’ KG-D6 block. If the company’s demand for price revision is accepted now, the exchequer …
Natural gas consumption in China, the world's top energy user, is expected to be 230 billion cubic meters (bcm) in 2015, while supply of gas, including imported liquefied natural gas (LNG) and unconventional gas, is expected to exceed 260 bcm, the National Development and Reform Commission said on Friday. The …
Petronet LNG, at present, has long-term agreements with foreign companies for supply of LNG for the existing Dahej and Kochi LNG terminals. Petronet LNG Limited is looking for a strategic foreign partner for implementing its Rs 4,500-crore Gangavaram LNG project in Andhra Pradesh. “We are looking for more supplies to …
GSPC in deal to buy BG’s controlling stake in city-gas distribution venture Gujarat hopes to reap quick dividends from the softening stand of the British government towards Chief Minister Narendra Modi as the UK’s BG Group has initiated talks to team up with a state venture for a . 4,000-cr …
Reliance Industries has refused to follow the oil ministry order to swap its Krishna Godavari (KG)-D6 block gas with an Andhra city gas company, saying “trading” in scarce natural resource was not permissible under the gas utilisation policy. The ministry had ordered that a part of the 2.6 million standard …
Total gas sales volume to exceed IGL's and MGL's after acquisition Having announced a controlling stake acquisition in Gujarat Gas Company Ltd (GGCL), Gujarat government-owned Gujarat State Petroleum Corporation (GSPC) is set to become the largest city gas distribution company in terms of customers in India. The GSPC Group, through …
