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Preview: Oil & Gas-Energy-News By Industry-News-The Economic Times

Oil & Gas-Energy-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Sun, 22 Jan 2017 22:51:18 GMT

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RIL to raise $2.25 billion more via foreign borrowings

Sun, 22 Jan 2017 19:12:09 GMT

(image) The company wants to build a war chest for its aggressive expansion strategy in telecom and replace existing high-cost borrowings,



State-run oil companies use 90% capex on government nudge

Sun, 22 Jan 2017 18:40:12 GMT

(image) The government has nudged state firms to invest big and quick to boost jobs and economic growth in the country as private investment has languished.



GSPC looks at financial restructuring post ONGC deal

Sun, 22 Jan 2017 08:45:12 GMT

(image) The Gujarat government firm, which is saddled with nearly Rs 20,000 crore of debt, has a large gas trading business, gas transmission pipelines and city gas business.



Gas pricing FIR liable to be quashed: RIL tells HC

Fri, 20 Jan 2017 16:37:33 GMT

(image) RIL has sought quashing of the FIR lodged against it by the Anti-Corruption Branch (ACB) of the Delhi government in 2014.



Piped cooking gas in PM's constituency Varanasi by March next year

Thu, 19 Jan 2017 19:38:44 GMT

(image) State-owned natural gas major GAIL plans to start a gas distribution pilot in Varanasi and Bhubaneswar by March 2018.



RIL writes down nearly 40K crore on change in accounting policy

Thu, 19 Jan 2017 12:08:55 GMT

(image) This has led to devaluation of its oil and gas assets by Rs 39,570 crore as on March 31, 2016, according to RIL's third quarter earning statement.



Tata firm to invest in Rs 5,900-cr Swan LNG project

Wed, 18 Jan 2017 10:36:34 GMT

(image) Tata Realty and Infrastructure (TRIL) is a wholly-owned subsidiary of Tata Sons, the holding company of the Tata Group.



ONGC's KG gas field to touch peak in July

Tue, 17 Jan 2017 11:21:38 GMT

(image) As part of the Vashishta and S1 field development, ONGC is drilling four wells and shipping the gas from them through a sub-sea pipeline to an onshore terminal at Odalarevu in AP.



Cairn India gets nod for drilling 64 exploratory, appraisal wells in KG-Basin

Tue, 17 Jan 2017 09:41:23 GMT

(image) The EAC, while according to environmental clearance, set a few conditions along with other specific and general environmental conditions relevant to the project proposal.



For RIL, demonetisation had positive impact on retail but petrochemicals demand hit

Mon, 16 Jan 2017 18:36:03 GMT

(image) “Overall impact from demonetisation has been positive for core retail business with favorable long-term implications for modern trade,” the company said.



36.5 per cent of Reliance's Q3 profit come from treasury gains

Mon, 16 Jan 2017 17:09:29 GMT

(image) For many quarters, it can be noted that, the contribution of other income to the country's most profitable company was under-30 per cent after peaking it to over 40 per cent in 2013-14.



No returning to subsidies on petrol, diesel: Government

Mon, 16 Jan 2017 11:28:08 GMT

(image) Petrol in Delhi now costs Rs 71.14 a litre as against Rs 65.93 in end November. Similarly, diesel rates have gone up from Rs 54.57 a litre to Rs 59.02.



US reservoir evaluation firm puts gas reserves in Deen Dayal West field at about 1trillion cubic ft

Sun, 15 Jan 2017 18:47:00 GMT

(image) ONGC acquired an 80 per cent stake held by Gujarat State Petroleum Corp (GSPC) in the Deen Dayal West field and six other areas in the Krishna Godavari Basin.



Petrol prices up by 42 paise a litre, diesel by Rs 1.03 per litre

Sun, 15 Jan 2017 16:55:43 GMT

(image) The new prices will be effective from Monday. Actual price increases would vary from state to state depending on local levies.



Jairam Ramesh seeks Sebi probe into ONGC's GSPC stake buy

Thu, 12 Jan 2017 15:45:50 GMT

(image) Congress MP Jairman Ramesh today said the PSU had flouted listing guidelines and did not secure approval of minority shareholders for the transaction.