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United Kingdom

Nidhi Verma

India to simplify gas pipeline tariff to boost demand

01 Jul 2020

NEW DELHI India is simplifying its gas pipeline tariff structure to make the fuel more affordable and to attract investment for building gas infrastructure in the country, oil minister Dharmendra Pradhan said on Wednesday.

India to simplify gas pipeline tariff to boost demand

01 Jul 2020

NEW DELHI, July 1 India is simplifying its gas pipeline tariff structure to make the fuel more affordable and to attract investment for building gas infrastructure in the country, oil minister Dharmendra Pradhan said on Wednesday.

India's fuel demand extends recovery in June

01 Jul 2020

NEW DELHI India's fuel consumption rose in June compared with May, continuing with a gradual recovery as industrial and transport sectors reopened after a stringent lockdown, a government statement issued on Wednesday said.

India's top gas importer close to long-term deal around spot prices

30 Jun 2020

NEW DELHI India's top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum (mtpa) of liquefied natural gas with prices near the spot markets, its chief executive Prabhat Singh said on Tuesday.

UPDATE 2-India's top gas importer close to long-term deal around spot prices

30 Jun 2020

NEW DELHI, June 30 India's top gas importer Petronet LNG will soon finalise a deal to import at least 1 million tonnes per annum (mtpa) of liquefied natural gas with prices near the spot markets, its chief executive Prabhat Singh said on Tuesday.

India to end central control of gas prices, lift LNG transport use

26 Jun 2020

NEW DELHI India will gradually end central controls on gas pricing as it seeks to attract foreign investment and technology to lift local output, oil minister Dharmendra Pradhan said on Friday.

India considering 20-25% import tax on solar modules

25 Jun 2020

CHENNAI/NEW DELHI India is considering imposing an import tax of 20-25% on solar modules and 15% on solar cells for a year beginning in August, its power minister said on Thursday.

Indian Oil reports first quarterly loss in 4 years after inventory hit

24 Jun 2020

BENGALURU Indian Oil Corp Ltd, the country's top refiner, on Wednesday reported its first quarterly loss in more than four years in the March quarter, after a surge in inventory losses following a sharp fall in crude oil prices.

UPDATE 2-Indian Oil reports first quarterly loss in 4 yrs after inventory hit

24 Jun 2020

BENGALURU, June 24 Indian Oil Corp Ltd, the country's top refiner, on Wednesday reported its first quarterly loss in more than four years in the March quarter, after a surge in inventory losses following a sharp fall in crude oil prices.

India's oil imports in May sink to lowest in over eight years: trade

23 Jun 2020

NEW DELHI India's oil imports in May hit the lowest since Oct 2011 as refiners with brimming storage cut purchases after a continuous decline in fuel demand, preliminary data obtained from industry sources showed.

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