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gas prices News
Natural gas production no longer profitable business, says ONGC chairman & MD Dinesh K Sarraf
Sat, May 27, 2017
ONGC's head Dinesh K Sarraf has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production.
ONGC's $11.5 billion Andhra investment may put cash flows under pressure: Moody's
Mon, Feb 06, 2017
On January 27, the company signed a Memorandum of Understanding (MoU) with Andhra Pradesh Government.
India needs energy that is accessible to the poor, says PM Modi
Mon, Dec 05, 2016
India is giving priority to moving towards a natural gas-based economy and efforts must be made to raise local production of the fuel while also creating infrastructure to import it, Prime Minister Narendra Modi told an energy conference on Monday.
Gas price cut may hurt Oil India, Fitch says
Wed, Oct 05, 2016
The recent gas price cut will cost Oil India Ltd’s (OIL) upstream gas operations, Fitch Ratings said.
IGL slashes CNG, PNG rates after cut in domestic natural gas price
Mon, Oct 03, 2016
With the government cutting the price of domestic natural gas, state-run Indraprastha Gas Limited (IGL) on Sunday announced a reduction in the selling prices of compressed natural gas (CNG) and piped natural gas (PNG) in Delhi and the NCR cities of Noida, Greater Noida and Ghaziabad with effect f