Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
The petroleum ministry has informed the Prime Minister’s Office that it has not given a final nod to RIL’s plans to raise natural gas output from the flagging KG-D6 fields as the firm has refused to allow audit of its expenditure by CAG. Oil Secretary G C Chaturvedi told at …
New Delhi The leeway for oil producers to stagger or defer sharing of profit with the government could go. The upstream oil regulator has proposed that these companies earmark a defined fraction of their revenue for the government, right from the start of production. Currently, producers can decide whether and …
Vadodara Gas Company Ltd (VGCL), a city gas distribution (CGD) player joint promoted by Vadodara Municipal Corporation (VMC) and GAIL Gas Limited is looking to expand its consumer base by adding 200,000 domestic consumers over the next five years. With the existing base of about 75,000 domestic gas consumers and …
The government plans to relax rules for oil and gas exploration licences in time for the next bidding round, to attract global companies. “Before the next round (of exploration licensing) we would like to put in place a more investor-friendly regime, both for investment and from the point of view …
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 …
New Delhi: The government would offer exploration blocks for the next round of auction only after fine-tuning the existing policy for making it friendlier for investors and easier for the government to monitor pricing and share of revenue. “We will go for the 10th round quite early... Our endeavour is …
New Delhi: The government has cleared a bulk of the 52 exploration blocks that were bid out successfully but were stuck over defence and environmental clearances, oil secretary G C Chaturvedi said on Sunday. “A high-level committee headed by the cabinet secretary and consisting of officials of ministries such as …
Reliance Industries Ltd’s (RIL) SEZ refinery at Jamnagar has won the ‘Globe of Honour Award’ for excellence in environmental management. The award is given by the British Safety Council, London. This is the first time that a Reliance Industries’ manufacturing site has been bestowed with such a coveted award. The …
Four Nigerian villagers took Royal Dutch Shell to court on Thursday in a landmark pollution case that campaigners said could open the door to more compensation claims against international companies. The fishermen and farmers, together with the Friends of the Earth campaign group, accuse the oil major of polluting land …
Extra funding for climate change mitigation and forestry programmes also part of oil-rich nation's radical programme Norway is to double carbon tax on its North Sea oil industry and set up a £1bn fund to help combat the damaging impacts of climate change in the developing world. In one of …
RIL had stated for the quarter ended June 30, gas production from the KG-D6 field was 33.1% less than in the previous quarter The government has said it is not convinced by the geological reasons cited by Reliance Industries (RIL) to justify the declining output from its KG-D6 gas field, …
State oil firms have slashed petrol rates marginally by 56 paise per litre, lower than expectations of a . 1 cut, as the currency has appreciated, making imported oil cheaper in rupee terms. “It has been decided to revise petrol prices downward by . 0.56 per litre excluding state taxes …
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 …
The deal entitles the two to a 30% share in daily production of 1,850 barrels of oil equivalent Government-owned Oil India Limited (OIL) and Indian Oil Corporation (IOC) have together acquired 30 per cent stake in a producing US shale asset at an investment of $82.5 million (Rs 427 crore). …
New Delhi: The government on Thursday withdrew the plan to set up a petrochemicals hub in Haldia, in partnership with West Bengal, after the state decided to use the land to set up a power plant, an industrial park and an eco-tourism park on Nayachar Island. Finance minister P Chidambaram …
Mumbai: Petrol consumers may soon heave a sigh of relief as oil marketing companies (OMC) are studying the trend of the strengthening rupee and falling international crude prices, paving the way for reduction in petrol prices by around Rs 1.60 a litre. “We are positive on petrol and looking at …
Poland wants its new shale gas law to go into force next year, Piotr Wozniak, the deputy environment minister responsible for the draft law said on Wednesday, but added that it would be best if a shale gas tax waited until at least 2016. Poland, which aims to be Europe's …
Global kerosene and LPG prices divergent to those of diesel, petrol and ATF In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices. From October 1, the …
Co may freeze oil & gas investments till clarity on gas pricing. The board of Reliance Industries may put investments in India’s oil & gas exploration assets on hold until the government agrees to get rid of a cap on the prices of natural gas and approves capital expenditure plans, …
Drop In Crude Price, Rising Boost Margins. In Pakistan, oil companies slashed petrol prices by Rs 6 a litre effective Monday. Will their Indian counterparts follow suit? Consumers can only hope so, even though the fall in global crude prices and the rupee's rise against the dollar means that state-owned …
