In the first ever reduction in domestic natural gas prices, the rates will be slashed by 9 per cent to $4.56 per unit from April 1 to reflect the softening in international prices, benefiting users......
The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil......
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate......
Energy giants led by Reliance Industries, Oil and Natural Gas Corporation, BP and Cairn India on Monday unanimously demanded an immediate hike in natural gas prices, saying current sub-market price......
Oil and Natural Gas Corporation said on Wednesday its natural gas output will rise by over 53 per cent to 100 million standard cubic metres a day by 2017-18 as new fields start off the west......