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The new $9.89 ceiling could improve economics for Reliance-BP’s KG-D6 and other challenging gas projects
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Govt raises deepwater gas price ceiling to USD 9.89 per MMBtu;...

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Reliance-BP KG-D6 gets higher gas price ceiling Government of India has raised the ceiling price for natural gas produced from difficult fields such as the...
From April 1, APM gas will be priced at 10 per cent of the monthly average of Indian crude basket
Energy

Centre approves new gas pricing formula to cap prices of piped...

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Govt caps piped cooking gas and CNG fuel prices; changes gas pricing formula Based on the recommendations of the Kirit Parikh committee on natural gas,...
The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies
Economy

Oil price hike positive for upstream sector; losses to prolong for...

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Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...
Reduced revenues from the projected numbers adds to the concern of GOI
Economy

Revenue foregone to corporates estimated at Rs 99,842.06 cr in 2019-20

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Revenue foregone in form of incentives and tax exemptions to corporates fell 7.65 per cent The Budget documents presented before Parliament on Monday shows that...

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