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Growth in eight core sector industries slows to 1.7% in Nov

31-12-2013| Source:PTI

The output of eight core sector industries slowed to 1.7 per cent in November due to poor showing by natural gas, fertiliser and petroleum refinery sectors. The eight core sector industries -- coal

ONGC, Shell buy rest of Brazil offshore block

31-12-2013| Source:Reuters

Royal Dutch Shell Plc and India's Oil and Natural Gas Corp (ONGC) purchased the remaining 35 percent of a Brazilian offshore oil block from their partner, Brazil's state-run Petroleo Brasileiro

Road opens up for CNG vehicles in US

30-12-2013| Source:ft.com

gas-powered vehicle.”AT&T – which operates thousands of Ford and General Motors vehicles converted to run on compressed natural gas – is typical of the customers who have turned

RIL, BP to give $1.2 bn bank guarantee for higher gas price

29-12-2013| Source:PTI

for natural gas being produced from the main fields in KG-D6 block.

CNG rate increase due to court orders: IGL

27-12-2013| Source:PTI

Following a Gujarat High Court order, the government ordered all of domestically available natural gas for city gas projects to be equitably distributed among all companies in the country than

Indraprastha Gas rises 4% on CNG price hike in Delhi

27-12-2013| Source:Moneycontrol.com

Moneycontrol BureauShares of Indraprastha Gas (IGL) jumped 4 percent intraday on Friday as price of compressed natural gas (CNG) in Delhi was hiked by a steep Rs 4.50 per kg. This is the second

CNG price hiked by Rs 4.50/kg in Delhi; 2nd hike in 3 mths

26-12-2013| Source:PTI

CNG will cost Rs 50.10 per kg in Delhi and Rs 56.70 per kg in Noida, Greater Noida & Ghaziabad from midnight tonight, Indraprastha Gas Ltd (IGL) said.

Hold ONGC, may test Rs 300, says Sudarshan Sukhani  

26-12-2013| Source:CNBC-TV18

Sudarshan Sukhani of s2analytics.com advises holding Oil and Natural Gas Corporation (ONGC).

Future of gold may not be that bright in 2014: Nirmal Bang  

26-12-2013| Source:CNBC-TV18

In an interview to CNBC-TV18, Kunal Shah, Nirmal Bang Commodities shared reading and outlook on various commodities like gold, silver and natural gas.

'We need long-term policies in the renewable energy sector'

23-12-2013| Source:Moneycontrol.com

activities and avenues for income generation. Our experience is that the common man is getting aware of the benefits of these activities and renewable energy power plants.Q: With pressure on coal and natural

Gas prices may jump to $10 in 2016-17, from $4.2 now

23-12-2013| Source:PTI

The government has decided to price all domestically produced gas by both public and private sector firms at an average price of LNG imports into India and benchmark global gas rates from April 1

Long term price outlook looks positive for Natural Gas

23-12-2013| Source:Moneycontrol.com

Long term price outlook looks positive as strong fundamental for natural gas. Prices highly depend on demand and inventory and U.S. winter season is more favorable for natural gas prices, decreasing

Prefer ONGC over Reliance Industries, says Girish Pai  

23-12-2013| Source:CNBC-TV18

Girish Pai, independent market analyst prefers Oil and Natural Gas Corporation over Reliance Industries.

Nischal Maheshwari positive on Reliance Industries  

23-12-2013| Source:CNBC-TV18

Nischal Maheshwari of Edelweiss Securities has a positive stance on Reliance Industries but has a negative outlook on Oil and Natural Gas Corporation.

Higher rates will help increase domestic gas output: Moily

20-12-2013| Source:PTI

"If you don't raise gas price, no domestic production will come and dependence on imports will increase," Moily said. Higher gas price will help bring to production over 3 Trillion cubic

Sensex surges 371 pts; Reliance, ONGC, HDFC lead gainers

20-12-2013| Source:Moneycontrol.com

The rally was largely led by the cabinet decision over natural gas price and strength of money pouring in by foreign institutional investors despite beginning of Fed tapering.

Reliance Industries up 5% as Cabinet solves gas price issue

20-12-2013| Source:Moneycontrol.com

The Cabinet allowed Reliance Industries to almost double the price of natural gas from April 21, 2014 provided the firm gave a bank guarantee to cover its liability if gas-hoarding charges are proved.

CCEA okays higher gas price for RIL but with riders  

19-12-2013| Source:PTI

The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately

Govt allows Coal India to produce gas from coal seams

19-12-2013| Source:PTI

The Cabinet today decided to give state-owned miner Coal India Ltd a licence to produce natural gas from coal seams (CBM) in its existing mines.The Cabinet Committee on Economic Affairs (CCEA

Parl panel calls for review of Rangarajan gas price formula

18-12-2013| Source:PTI

The panel, headed by Andhra Pradesh MP Aruna Kumar Vundavalli, felt Russia which exports 40 to 50 per cent of its gas to Europe at a price of about USD 8.77 per million British thermal unit, could

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