New Delhi: An international arbitration tribunal has rejected the Indian government’s claim of $1.55 billion against Reliance Industries and its partners for allegedly siphoning gas from deposits they had no right to exploit.
Patna: The Gas Authority of India limited (GAIL) plan to set up a city gas station at Phulwarisharif in south Patna has hit a roadblock. The high price of the land, which belongs to the Bihar government, has come in the way.
Mumbai: Reliance Industries (RIL) on Tuesday surged past Tata Consultancy Services (TCS) to regain its status as the country’s most valued firm by market capitalisation.
New Delhi: Petronet LNG has submitted a $1-billion investment proposal to the Bangladesh authorities for an LNG import facility near Cox’s Bazar.
New Delhi: The proposal for a unified gas tariff has received a mixed response from the industry at a discussion organised by the Petroleum and Natural Gas Regulatory Board, the sector regulator, to ascertain the views of the operators before any official action.
Calcutta: Two vessels will start pumping 400-odd tonnes of fuel out of the submerged cargo ship MV SSL Kolkata that ran aground off the Sunderbans coast after catching fire on June 13.
Calcutta: Bengal has almost closed the gap with the rest of the country in providing cooking gas connections to households, following the push from public sector oil marketing companies under a centrally sponsored subsidised scheme.
New Delhi: Iran has emerged as the second largest supplier of crude to state-owned firms, overtaking Saudi Arabia, during the first quarter of the current fiscal, oil minister Dharmendra Pradhan said on Monday.
New Delhi: Five firms, including the Indian Oil-Adani Gas combine, are in the race to supply city gas to households in Burdwan. The district town is part of the 86 other places where firms have bid for city gas distribution rights.
New Delhi: All petroleum products will be brought under the purview of the goods and services tax in a phased manner, finance secretary Hasmukh Adhia said on Friday, offering a glimmer of hope that petrol and diesel could be brought under the indirect tax regime.