Oil & gas
RIL, ONGC, BP, Cairn unite to demand immediate price hike
26 Aug 2014
While gas producers say 10 trillion cubic feet of gas cannot be developed at the current below-market rate of $4.2 per million British thermal unit, power producers say they cannot afford more than $5 a unit
Oil companies propose laying pipelines along rail tracks
23 Aug 2014
The oil companies have proposed using railway land to lay oil pipelines along side railway tracks for a fee
Govt sets up four-member panel to review gas pricing mechanism
22 Aug 2014
The panel will hold consultations with stakeholders before deciding on the quantum of hike, which will be announced by 30 September
ONGC’s domestic gas production down 9% in July
22 Aug 2014
Cairn India gets green nod to hike oil, gas output at Rajasthan block
21 Aug 2014
Cairn India expects its gas reserves in Barmer to be 3 trillion cubic feet, which is almost equal to Reliance Industries’ reserves in the Krishna-Godavari basin in India’s east coast
