Oil & gas
Russia on verge of signing huge gas supply deal with China
20 May 2014
Prime Minister Dmitry Medvedev says Russia is close to signing a decades-long contract to supply natural gas to China at a price that would value the deal at about $400 billion
ONGC takes RIL to court over ‘stealing’ of its Krishna-Godavari gas
16 May 2014
ONGChas filed a petition in the Delhi High Court alleging that Reliance Industries Ltd is drawing natural gas from an offshore block in the Bay of Bengal that ONGC controls
Deepak Fertilisers moves HC against stoppage of gas supply
16 May 2014
The shortage of domestic gas has forced urea manufacturing units to rely on exorbitantly high-priced imported LNG, the cost of which the government has to bear in the form of subsidy
Diesel made costlier by Rs1.09 per litre
13 May 2014
RIL serves arbitration notice on govt for failure to notify new gas price
10 May 2014
The controversial formula approved by the government doubles the price of natural gas for domestic producers to $8.2 per unit
Essar Global Fund wins shareholders approval to buy Essar Energy
10 May 2014
London-based Essar Energy owns the Vadinar refinery in Gujarat, the second-largest private sector refinery in India, the Stanlow refinery in the UK, a 50-per cent stake in the Kenya Petroleum Refinery Limited
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