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News
natural gas
Natural gas News
India
17 Sep 2024
India's Wholesale Price Inflation Eases To 4-Month Low Of 1.31% In Aug
The annual rate of inflation based on WPI Food Index decreased from 3.55 per cent in July to 3.26 per cent in August, as per data from Ministry of Commerce and Industry.
natural gas
14 Jun 2024
GAIL Launches ‘Waah Kya Energy Hai’ Campaign To Promote Clean Fuel
A witty and emotional delivery of the story line and character arcs of the Mishra family makes their stories relatable, engaging the viewers.
PNG
07 Apr 2023
CNG, Piped Cooking Gas To Cost 10% --Here's Why
Rates of piped cooking gas, called PNG, and CNG have jumped 80 per cent in one year to August 2022. This follows a spurt in international energy prices.
natural gas
06 Apr 2023
Union Cabinet Caps Rates To Rein-In CNG, Piped Cooking Gas Prices
The Union Cabinet on Thursday approved a new formula for the pricing of natural gas A cap or ceiling price was imposed to rein in runaway prices of CNG and piped cooking gas
China
25 Jan 2023
Cold Wave: Chinese Residents Suffer Amid Natural Gas Shortage
There is a shortage of natural gas amid the cold wave in China It is making the winter chillier and unbearable for the residents
natural gas
17 Apr 2022
Oil Ministry freezes gas allocation, prices of CNG, PNG spike: Report
The halt has led to a hike in CNG and piped cooking gas prices to record levels. Current supplies have been maintained at March 2021 demand level, report said.
Budget 2022
26 Jan 2022
Bring natural gas under GST to realise vision of gas-based economy: Industry
Natural gas is currently outside the ambit of GST. Existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel. VAT rate on natural gas is very high in some states.
Indian Oil Corp
16 Jan 2022
Indian Oil to invest $944 million on gas sales network in nine new areas
The new licences awarded to IOC relate to major districts of some states. The company is already working on gas sales projects worth 200 billion rupees.
natural gas
30 Sep 2021
CNG costlier? Rates can go up by 11% as Centre hikes gas price by 62%
Natural gas is also used to make fertilisers and turned into CNG. As a result, CNG prices could increase soon. CNG prices could increase by 10-11%.
Core industries growth
26 Feb 2021
Eight core industries output grew 0.1 per cent in January 2021
The core sectors had expanded by 2.2 per cent in January 2020 Coal, crude oil, natural gas, refinery products, and cement recorded negative growth in January. The output of fertiliser, steel and electricity in January grew by 2.7 per cent, 2.6 per cent and 5.1 per cent.
Cabinet Committee on Economic Affairs
07 Oct 2020
Cabinet approves Natural Gas Marketing Reforms
Policy to grant marketing freedom to the Field Development Plans. Reforms to be build on a series of transformative reforms. Reforms in gas sector to further deepen and spur the economic activities.
LNG
06 Jun 2019
India's green vision to see full duty exemption on LNG
Petroleum Ministry officials said they are hopeful that this cut would be included in the Union Budget 2019-20 proposals to be presented in Parliament this July. The matter has already been discussed with the Finance Ministry.
natural gas
29 Mar 2019
CNG, piped cooking gas prices to go up as natural gas prices to rise by 10%
Natural gas prices are set every six months - on April 1 and October 1 every year - based on average rates in gas-surplus nations such as the US, Russia and Canada.
US drilling
05 Jan 2018
US to lift ban on offshore drilling off the coasts of Florida, California
US President Donald Trump`s administration has announced plans to roll back a ban on new offshore drilling off the coasts of Florida and California and was considering over 40 sites for leasing of natural gas and oil production, the media reported.
Dharmendra Pradhan
28 Nov 2017
Dharmendra Pradhan pitches for including gas in GST
Crude oil, petrol, diesel, aviation turbine fuel (ATF) or jet fuel and natural gas are not included in GST.
Dharmendra Pradhan
21 Nov 2017
Dharmendra Pradhan asks Oil PSUs to boost gas supplies to states
India consumed 14 million tonnes (MT) of pet coke during April-October 2017, marginally lower than 14.9 MT used in same period of last fiscal. Of the fuel consumed, only 8 MT was produced locally and the rest was imported.
natural gas price hike
29 Sep 2017
Govt raises natural gas price by 16.5% to $2.89 mmBtu
The government also hiked the cap price based on alternate fuels for undeveloped gas finds in difficult areas like deepsea which are unviable to develop as per the existing pricing formula.
ONGC
20 Sep 2017
ONGC strikes 'good' offshore oil, gas find: Sources
The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.
Explosion
04 Aug 2017
Two dead in natural gas explosion at US school
The explosion occurred Wednesday morning in the center part of one of the school buildings, where a construction crew was working.
Goods and Services Tax
27 Jun 2017
Natural gas may be included in GST, to benefit ONGC
The oil ministry has taken up with the finance ministry for early inclusion of all the five exempted products in GST.
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