Oil & gas
ONGC to spend Rs5,700 cr on upping output from Bombay High
28 Jun 2014
State-run explorer Oil & Natural Gas Corp (ONGC) on Friday said it would invest over Rs5,700 crore in re-development of its giant Mumbai High (North) oil and gas field
CCEA defers decision on gas price hike by 3 months
25 Jun 2014
Announcing the decision, minister for petroleum and natural gas Dharmendra Pradhan said there was need for comprehensive discussions on gas price revision
Govt trying to keep revised gas price below $6.8 per mmBtu
24 Jun 2014
According to indications, the increase in gas prices will be $2 lower than the $8.4 per mmBtu price recommended by the UPA government
Govt wants Reliance Industries to drop arbitration notice: report
23 Jun 2014
RIL had, last month, served a notice of arbitration on the petroleum ministry, following it up with another notice on the appointment of an arbitrator
India again looks to Iran as Iraq trouble sends oil prices soaring
20 Jun 2014
Benchmark crude prices are trading at a nine-month high as Islamic militants battle government forces in Iraq, which is now India’s second-biggest oil supplier

