Oil & gas
ATF now cheaper than petrol and diesel after 14.7% price cut
02 Jan 2019
Prices of petrol and diesel have come down by Rs14.18 per and Rs13.03 a litre, respectively, since 18 October 2018 while the price of non-subsidised LPG cylinder has come down to around Rs660
ONGC board approves share buyback of around Rs4,000 cr
20 Dec 2018
ONGC has approved a share buyback of 1.97 per cent of its total paid-up equity, which may fetch the government around Rs2,640 cr considering its 65.64 per cent equity stake
Iran warns Opec against indecision on output cut
06 Dec 2018
Qatar to quit Opec in January, to focus on gas exports
04 Dec 2018
Qatar, the world’s largest exporter of liquified natural gas, plans to increase gas exports from 77 million tonnes per year to 110 million tonnes, while also raising its oil production from 4.8 million barrels to 6.5 million barrels
Gas distribution to cover 70% of population in 2-3 years: Modi
23 Nov 2018
Modi said work on city gas distribution network is underway in 65 geographical areas in 129 districts under the ninth round of CGD bidding while the tenth CGD bidding round will cover in 50 GAs spread over 124 districts in 14 states
GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid
20 Nov 2018
Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors
