Natural Gas

Order of the National Green Tribunal regarding violation of environmental norms by a tyre pyrolysis plant, village Sakauti, Shamli, Uttar Pradesh, 28/05/2025

Order of the National Green Tribunal in the matter of Dr. Amit Kumar Vs State of Uttar Pradesh & Others dated 28/05/2025. The applicant has raised a grievance against setting up of a tyre pyrolysis plant by M/s Adideva Carbon LLP. According to the applicant, the tyre pyrolysis plant has …

LNG project for State turns a reality

First vessel carrying natural gas berths at Petronet LNG terminal in Kochi Kerala made a historic leap in the energy sector on Tuesday with the vessel carrying natural gas from Qatar docking at the Petronet LNG terminal at Puthuvype near here. Wilenergy, the LNG carrier laden with 123,000 cubic metre …

LPG scheme to be extended to 35 more districts

Following good response to the LPG direct benefit transfer scheme, the Petroleum and Natural Gas Ministry on Monday decided to extend it to 35 more districts from September 1, taking the total coverage to 55 districts. The scheme had met with considerable success in the 20 districts it was launched. …

Parliament report seeks review of increase in gas price

It suggested a comprehensive technical study on cost estimates of gas production, covering the aspects of cost recovery and technical parameters Parliament’s standing committee on finance, headed by former finance minister Yashwant Sinha, on Wednesday tabled its report on gas pricing, asking the government to review its decision to increase …

Supreme Court Sends Notice to Moily & RIL on Gas Price Hike

The Supreme Court on Monday issued notices to the government, Reliance Industries (RIL) and Oil Minister Veerappa Moily on a petition that challenges the Cabinet decision to raise natural gas prices and seeks a bigger financial penalty on RIL for alleged suppression of gas output in anticipation of higher prices. …

Developing World Will Significantly Contribute to Global Energy Use

According to International Energy Outlook 2013 (IEO2013) which was released today by the U.S. Energy Information Administration (EIA), world energy consumption is projected to increase by 56 percent over the next three decades! This projected increase is mainly due to the growth of the developing world. EIA Administrator Adam Sieminski …

SC seeks response from Centre, RIL, Moily on gas pricing

This, after PIL seeks rethink on govt's decision on gas pricing based on Rangarajan formula The Supreme Court today sought a response from the Centre and Reliance Industries on a public-interest litigation (PIL) filed by CPI leader Gurudas Dasgupta and former power secretary EAS Sarma. The matter is scheduled for …

PPL makes another gas/condensate discovery in Sindh

Pakistan Petroleum Limited (PPL) has announced a gas and condensate discovery over its second exploration well in District Sanghar, Sindh. An announcement to this effect was made in a PPL statement issued here on Monday. It said that PPL, the Operator of Block 2568-18 (Gambat South) EL with 65 percent …

Environmental processing of Pak-Iran gas line via Sindh soon

Environmental Protection Agency Sindh will process the Environmental Impact Assessment Report of Iran-Pakistan (IP) gas pipeline in Sindh for its approval by Expert Committee after its go-ahead made at Public Hearing meeting which was held at a local hotel here. Giving his concluding remarks, Director General EPA Sindh Naeem Ahmed …

Gas price hike to hit profits of power, fertiliser cos: Report

The government’s decision to double the prices of natural gas will hurt the prospects of the consumer industries like power and fertiliser. Rating agency ICRA said in a report the CCEA approval of the Rangarajan gas pricing formula is positive for the upstream sector’s earnings and sentiments but negative for …

GAIL to be 1st Indian co to import shale gas

GAIL (India) will be the first Indian company to import shale gas after receiving a waiver from the US department of energy (DoE), whose permission is needed for oil and gas exports to countries that don't have a free trade pact with the United States. The first-ever authorisation to export …

Oil, gas discovery in Sanghar

The Pakistan Petroleum Limited (PPL) has successfully completed production testing at its exploration well Adam X-1, located in district Sanghar, Sindh. PPL has a 65 per cent working interest in the block. Industry sources said that as per the initial Drill Stem Test (DST) production flow from the field indicates …

Domestic natural gas price doubled

Cabinet nod to Rangarajan formula; price fixed at $8.4/mBtu The Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to double the price of domestic natural gas, from $4.2 to $8.4 a million British thermal unit (mBtu), from April next year - a decision that might hit the power and …

Gas price hike to hit power, fertiliser companies

Electricity to cost more as power cos to pass on fuel price hike to consumers While Oil and Natural Gas Corp (ONGC) and Reliance Industries Ltd (RIL) will be the biggest gainers from the gas price hike announced by the Indian government today, power and fertiliser companies will see their …

World Bank to cut funding of coal-fired power plants

The World Bank plans to limit the financing it provides for coal-fired power plants to “rare circumstances” as part of the global financial body's efforts to address the impact of climate change. The move was detailed in a 39-page strategy document seen by Reuters. It came a day after US …

Govt pumps up reforms, okays $8.4 price for gas

New Delhi : IN what could spur stagnant domestic production of natural gas, reduce the dependence of power and fertiliser companies on imports of expensive LNG and ease the subsidy burden on the fisc, the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved hiking gas price to $8.4/mmbtu from …

Despite opposition, Cabinet approves gas price increase

Prices could double by 2014 leading to hike in power tariff and fertilizer cost Despite opposition from within the Cabinet and outside, the Manmohan Singh government on Thursday approved a doubling of natural gas prices from the present $4.2 mbtu to $8.4 mbtu from April 1, 2014. Many experts feel …

Gas producer price in new regime to be $8.55: Petroleum Ministry

The row over the proposed increase in natural gas prices is set to flare up because the petroleum ministry has admitted that the producer price in the new regime starting April 2014 would be at least $8.55 per million British thermal units and not $6.77 per mBtu as indicated earlier. …

Hike in natural gas price to increase govt's fertiliser subsidy outgo

The Cabinet is likely to take a call on the revision in natural gas prices on Thursday The incremental revenue for every $1 rise in natural gas prices would be Rs 706.7 crore, while the government would suffer a subsidy loss of Rs 3,155 crore on fertiliser, according to a …

Essar Energy Planning to Convert Two Gas-fired Plants into Coal-based Units

The acute scarcity of natural gas and high cost of imported LNG have taken a toll on Essar Energy’s power business, forcing the company to take the decision to convert two gasfired plants at Hazira and Bhander in Gujarat into coal-based units. However, the company’s oil and gas business has …

GSPC Seeks Nod to Sell KG Gas at $13

Gujarat government company GSPC has asked the central government to approve its plans to sell natural gas from a field in KG basin at $13-14, three times the current gas price. Gujarat State Petroleum Corp (GSPC) on June 10 wrote to oil secretary Vivek Rae seeking early approval to an …

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