PETROLEUM & NATURAL GAS REGULATORY BOARD
Adani Gas shares hit by report of PNGRB notice on non-disclosure
Company says all concerned authorities were intimated about reorganisation exercise.
Draft policy to push CNG, PNG in cities
The policy is part of the Centre’s strategy to ensure a smooth passage in states for the Narendra Mod...
Adani Gas cracks 14% as report suggests PNGRB seeks to cancel its licence
Adani Gas on its own and in a joint venture with state-owned IOC ha...
Buy Mahanagar Gas, price target Rs 1,200: Kunal Bothra
The analyst suggested a stoploss at Rs 1140 .
Interministerial talks on gas sector reforms begin
The petroleum and natural gas ministry has begun interministerial consultations on its proposal to end the power sector's priority access to cheap domestic gas, setting up a gas trading platform and hiving off GAIL's pipeline business into a subsidiary.
OMCs, upstream firms may see re-rating in 2020: UBS
Refining margins are likely to recover due to International Maritime Organisation norms 2020 and Bharat Stage VI norms
LNG pumps being planned along golden quadrilateral
State-run GAIL is putting together a plan and persuading all possible participants – city gas distributors, gas suppliers, financiers, fleet owners and truck manufacturers – to get them on board and help build an effective ecosystem for LNG-fuelled vehicles in the country, according to people familiar with the development
Share market update: Nifty Energy index flat; HPCL gains 1%
The Nifty Energy index was trading 0.03 per cent down at 16038.85.
Stocks in the news: Axis Bank, L&T, YES Bank, Adani Gas, RBL Bank, Cipla, ITI and Asian Paints
Cipla said it has received observations from the USFDA for its Goa manufacturing facility.
RBI releases minutes of board meeting for first time
The channels of communication with outside stakeholders have opened up ever since Das took over as RBI guv.
13 pvt cos bid to operate ONGC's 64 fields
A total of 13 private companies, including Oilmax Energy and Deep Industries, have placed bids for the operatorship of ONGC’s 64 small producing fields, according to people with knowledge of the matter.
Share market update: OMCs trade in the green; HPCL gains 2%
The S&P BSE Oil & Gas index was trading 1.43 per cent up at 14542.38 .
Cairn India hunts for big oil partner via stake sale
Cairn is the country’s largest private sector oil and gas producer accounting for nearly a quarter of India’s total domestic crude oil production and Vedanta may look to dilute up to 25% to raise a minimum of $1.5-2 billion (Rs 10,500-14,100) through this “value unlocking” exercise.
Steel ministry looks at USD 70bn investments in eastern region
Launching the 'Purvodaya' programme here, Pradhan said the underdeveloped districts in West Bengal, Chhattisgarh, northern Andhra Pradesh, Jharkhand and Odisha have to be taken forward for development of the steel sector. Addressing an event organised by CII, Pradhan, minister of petroleum, natural gas and steel, said the region has rich deposits of coal, iron ore and bauxite.
Share market update: BSE Oil & Gas index up; Petronet LNG rises 1%
The S&P BSE Oil & Gas index was trading 0.91 per cent up at 14618.16 .
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