A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...

India has currently nearly 25,000 mw of operational gas-based capacity, all of which is stressed because of gas unavailability.

Gas price pooling to make available feedstock fuel to urea making fertiliser plants at a uniform rate will come into effect from July 1, th...

Price pooling can cut costs and expand margins for fertiliser companies that added capacities since 2008, but ran units on costly imported ...

Cabinet today approved a proposal to pool prices of domestic natural gas and imported LNG used by fertiliser plants to make the cost of fue...

Service tax on imported LNG for pool be waived. These tax proposal would alone bring down the cost of imported gas by $ 0.75 per million Br...

The fresh proposal comes after the oil ministry said no additional gas output is expected from domestic sources in the next three years to ...

Sources said Naidu requested the Prime Minister to expedite the process of gas pooling in the national interest and assured all cooperation.

To keep electricity tariffs from these plants low, the government has proposed to waive customs duty on natural gas imports.

Govt will exclude those gas-based plants, which are currently receiving APM gas from pooling. The price of gas under the APM is set by the ...

The meeting is likely to decide the contours of the mechanism that will be placed before Union Cabinet for approval, a senior government of...

The meeting is likely to decide the contours of the mechanism that will be placed before the Union Cabinet for approval, a senior governmen...

The ministry sought approval to pool imported LNG with fuel from KG-D6 block. The move is aimed at helping gas-starved power plants.

Plans to help fuel-starved plants use costly imported liquefied natural gas.

"We must move to system of price pooling for fuel," Ahluwalia said. Efforts for price pooling are underway, he added.

The Oil Ministry has asked Plan panel to set up a committee to suggest a mechanism for averaging out price of costlier imported LNG with ch...

Earlier, Mercados, a Spanish energy consultant, cited the need to avoid cross-subsidies between the various consumer groups and suggested d...