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Clampdown on PSU fight

Sep 30, 2014 at 12:57 | Source: Calcutta Telegraph News

New Delhi, Sept. 29: The government has barred ministries and state-run companies from filing legal cases against each other. Ministries and PSUs will have to go through a process of internal dispute settlement, which can go up to the Prime Minister&...

Russia's Rosneft Offers ONGC Stake in Eastern Siberia Oilfield: Report

Sep 29, 2014 at 02:00 | Source: NDTV Profit

New Delhi: Russia's biggest oil company Rosneft has offered Oil and Natural Gas Corp (ONGC) a stake in its Yurubcheno-Tokhomskoye oilfield in eastern Siberia. Rosneft on August 5 sent a formal proposal to ONGC Videsh Ltd, the overseas arm of&...

Denationalize coal, produce gas along with it

Sep 28, 2014 at 14:06 | Source: Economic Times

Denationalize coal. Auction all future coal blocks. Allow all winners to produce associated gas (methane) as well as coal. These should be the key features of a new coal policy, following the Supreme Court's striking down of 214 coal block allocatio...

No proposal yet on Modi�Sharif meeting in New York as of now: Pak High commissioner

Sep 28, 2014 at 13:42 | Source: Assocham

Pakistan High Commissioner to India Mr Abdul Basit today said at an ASSOCHAM meeting that at present moment there is no proposal either from India or his country for a meeting between Prime Minister Mr Narendra Modi and Prime Minister Mian Nawaz Sha...

ONGC Videsh Signs Agreement With Petroleos Mexicanos

Sep 27, 2014 at 22:00 | Source: NDTV Profit

New Delhi: Keen to expand into Mexico, ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has signed an agreement with Petroleos Mexicanos or Pemex for cooperation in the Latin American nation. The MoU ......

Gas Pricing Needs to be Fixed Quickly, Say Brokerages

Sep 27, 2014 at 14:00 | Source: NDTV Profit

New Delhi: As the government deferred a revision in natural gas prices for the third time, brokerages said pricing needs to be fixed quickly as non-remunerative rates and policy uncertainties had led to sluggish domestic output. Gas prices will ...

Ukraine's Gas Deal With Russia Reflects Shifting Pressures

Sep 27, 2014 at 02:01 | Source: Wall Street Journal

Ukraine moved closer to resolving its monthslong dispute with Russia over natural gas Friday, as mounting economic pain at home—and pressure from Europe—increasingly force the pro-Western government in Kiev into compromising with Moscow....

Russia, Ukraine Move Toward Interim Gas Deal Before Winter

Sep 27, 2014 at 00:00 | Source: Bloomberg

Russia and Ukraine moved closer to a preliminary natural gas agreement -- valid for this winter only -- as the European Union brokers a truce in a dispute that was set to disrupt flows during the coming months. If approved, Ukraine will pay $3.1 ...

U.K. Gas Reverses Gains on Preliminary Ukraine Gas Deal

Sep 26, 2014 at 22:00 | Source: Bloomberg

U.K. natural gas for winter delivery reversed gains after Russia and Ukraine reached a preliminary natural gas agreement, easing concerns that transit flows to the European Union may be disrupted in the winter. Gas for delivery from October through ...

Russia-Ukraine Reach Preliminary Agreement on Interim Gas Price

Sep 26, 2014 at 22:00 | Source: Bloomberg

Russia and Ukraine reached a preliminary natural-gas agreement, potentially ending a dispute that was set to disrupts flows during the coming winter. Ukraine will pay $3.1 billion by the end of the year for previously delivered supplies, and Russia i...

Exclusive - Ukraine prime minister says Russians "want us to freeze"

Sep 26, 2014 at 04:45 | Source: FirstPost

UNITED NATIONS (Reuters) - The prime minister of the Kiev government accused Russia on Thursday of attempting to freeze Ukraine in the coming winter by using natural gas as a weapon to subjugate the former Soviet Republic."They want us to freeze...

Mukesh Ambani to accompany PM on US visit

Sep 25, 2014 at 19:52 | Source: FirstPost

New Delhi: Reliance Industries chairman and managing director Mukesh Ambani will accompany Prime Minister Narendra Modi on his maiden visit to the US.Ambani, who missed being part of the business delegation that accompanied Modi on his visit to Japan...

Increased use of natural gas will not reduce CO2 emission: Study

Sep 25, 2014 at 13:36 | Source: FirstPost

New York: Increased use of natural gas will not help arrest carbon dioxide (CO2) emission significantly because it delays the widespread construction of low-carbon energy facilities, such as solar arrays, says a US-based study.Inexpensive gas boosts ...

Petrobras, ONGC Find Gas in Brazil Offshore Extension Well

Sep 25, 2014 at 07:59 | Source: NDTV Profit

Rio De Janeiro: Brazil's state-run oil company Petroleo Brasileiro SA discovered natural gas in a well being drilled to help measure the potential of a giant Brazilian offshore find, the company said in a securities filing on Wednesday. Petro...

Govt postpones decision on revision of natural gas prices

Sep 24, 2014 at 22:45 | Source: FirstPost

New Delhi: Days ahead of its own deadline for the revision of natural gas prices, government today postponed a decision on it by another 45 days to 15 November. The NDA government, after coming to power, had put off implementation of the previous UPA...

U.K. Winter Gas Rises From Seven-Week Low Before Three-Way Talks

Sep 24, 2014 at 22:03 | Source: Bloomberg

U.K. winter natural gas prices fell for a seventh day, the longest declining streak in almost three months, amid forecasts for warmer-than-usual weather and reduced risks of supply disruptions via Ukraine. Gas for the six months from October on Brita...

UK Winter Gas Rises From Seven-Week Low Before Three-Way Talks

Sep 24, 2014 at 22:02 | Source: Business Week

U.K. winter natural gas prices climbed from their lowest level in seven weeks as Russia, Ukraine and the European Union prepare to seek a gas deal before the start of the heating season. Gas for the six months from October on Britain's Nation...

Japan steps up sanctions as tensions rise with Russia

Sep 24, 2014 at 20:47 | Source: BBC

Japan has imposed additional sanctions on Russia for its involvement in the Ukraine crisis. The move comes amid signs of tension between Moscow and Tokyo over their own territorial dispute. The new sanctions curtail the activities of Russian banks in...

U.K. Winter Gas Declines in Longest Streak Since June on Ukraine

Sep 24, 2014 at 16:00 | Source: Bloomberg

U.K. winter natural gas prices fell for a seventh day, the longest declining streak in almost three months, amid forecasts for warmer-than-usual weather and reduced risks of supply disruptions via Ukraine. Gas for the six months from October on Brita...

UK Winter Gas Declines in Longest Streak Since June on Ukraine

Sep 24, 2014 at 16:00 | Source: Business Week

U.K. winter natural gas prices fell for a seventh day, the longest declining streak in almost three months, amid forecasts for warmer-than-usual weather and reduced risks of supply disruptions via Ukraine. Gas for the six months from October on Brita...

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