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DEEPAK MAHURKAR
Oil and gas companies dig deep for AI goldThe oil and gas industry is increasingly adopting AI and gen AI to optimise operations across the value chain, from exploration to refining...- Cabinet approves selling 51% stake in HPCL to ONGCHPCL will become a subsidiary of ONGC and its board will continue to be in place.
- LNG hub: India's plan is to become Asia’s pricing hub that could compete with Singapore, ShanghaiThe government has begun preliminary discussions about building a trading platform and plans to hire consultants in a month or so for this,...
- Honeywell unit eyes India’s $4.3 billion effort to clean air with cleaner fuelsIndia is expected to surpass Japan as the world’s third-largest oil user this year and will be the fastest-growing crude consumer in the wo...
- Lack of distributors and low purchasing power to hit government's drive to expand LPG baseIn the first year, state-run Indian Oil, Hindustan Petroleum and Bharat Petroleum are expected to add 3 crore consumers.
- Budget 2016: New gas price policy will attract investmentsAllowing producers to sell at market prices with a ceiling of alternative fuel prices means the sellers will not be allowed to exploit the ...
- Budget 2016: Liberalisation of gas prices may encourage energy firms to develop idling deep-sea fieldsFinance minister Arun Jaitley announced that the government is considering allowing market prices for natural gas, which is currently fixed...
- Government cuts natural gas prices by 18% to $3.82 per unitThe cut will impact the revenue of producers like ONGC and Reliance Industries and bring gains for users in power and fertiliser sectors.
- Duty rejig on petrol, diesel to give Rs 40,000 crore for road projectsPetrol attracts a total excise duty of Rs 17.46 per litre, including Rs 2 a litre road cess. Diesel attracts Rs 10.26 a litre total excise ...
- Vote on Account 2014: Government to roll over Rs 35,000 crore of oil subsidy to 2014-15According to the Interim Budget Rs 35,000 crore of subsidy due in the fourth quarter will be carried over to the next financial year.
- Government tells firms to be more adventurous in oil questForeign minister told energy firms on Tuesday to be more adventurous in searching for oil supplies.
- Budget 2013 Impact: Cairn, RIL and Essar Oil unhappy on failure to address policy uncertainityTop private energy firms have been let down by the Budget, as no concrete steps have been announced to stimulate investment after two years...
- Budget 2013: Ensure favourable tax regime for oil & gas sector, says PwCUnion Budget 2013 should ensure that all petroleum sector transactions are included to become eligible for classical GST benefit, said Deep...
- Oil India in talks with Mozambique for stake in Rovuma-1 gas fieldOil India is also considering downstream investments such as setting up fertilizer and petrochemical plants in the country though a consort...
- GDP to rise by 6.5 pc if India is self-sufficient in oil: PwCIndia would have increased its GDP by a whopping 6.5% if the import of crude oil were avoided completely, according to a report.
- Switching to CNG a better option after diesel price hikeSwitching to CNG and replacing LPG with PNG makes more sense after diesel price hike and capping of subsidised gas cylinders.
- Indraprastha Gas fears tariff order will dry up future earningsThe petroleum regulator's order that slashed tariffs of Indraprastha Gas Ltd and asked it to refund its customers will wipe out all its fut...
- Block auction to make way for open bids soon: DeoraThe government is moving away from auctioning a large number of blocks periodically to an Open Acreage Licensing Policy, or OALP, which wil...
- Right policy paradigm for natural assets abroadOf late, there have been reports that the rush of Indian investors “have led to rise in valuation multiples, making coal assets expensive ....
- Oil Price Spiral: For a less painful remedyWith the crude price rally showing no signs of ending, the government will have to take several unpopular decisions - sooner than later - t...
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