User: birendersinghbudhwar Topic: Energy
Category: Conventional :: Oil and Gas
Last updated: Mar 28 2015 18:40 IST RSS 2.0
 
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Natural gas price cut to $5.02/unit 28.3.2015 ET: Oil & Gas
The new price, significantly lower than $5.61/mmbtu valid till the end of March, will be applicable for six months.
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One-hour Blackout in City Today 28.3.2015 newindianexpress.com
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Mexico unveils plan to cap greenhouse gas emissions by 2026 28.3.2015 The Guardian -- World Latest
  • Plan promises 22% greenhouse gas emissions cut by 2030
  • Mexico one of first to submit national climate plan to UN before Paris talks
Continue reading...
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Finance minister Arun Jaitley pitches for overseas asset acquisition to cut energy imports 28.3.2015 ET: Foreign Trade
The government, he said, is focusing on "quick and effective decision making", as the country needs huge amount of investments.
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Give up LPG subsidy, Modi urges the rich 28.3.2015 Hindu: News
Over the next four years, oil companies planned to increase the reach of piped gas connections to one crore consumers from the current Rs. 27 lakh.
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Riyadh-led campaign will be over in days: Yemen 28.3.2015 Hindu: News
Foreign Minister Riyadh Yaseen says door still open for dialogue with the Huthis
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First cut in gas price 28.3.2015 Telegraph: Business
Domestic natural gas prices have been cut for the first time by 10 per cent to $5.02 per million British thermal unit (mBtu) from $5.6 per mBtu.
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China Strikes USD 23.6 bn Worth of Deals With Kazakhstan 28.3.2015 newindianexpress.com
China struck 33 deals worth USD 23.6 billion with Kazakhstan, covering a host of areas including steel and non-ferrous metals.
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PM Modi motivates well-off to give up LPG subsidy 28.3.2015 Asian Age: Business
Union Power Minister Piyush Goyal. (Photo: PTI) Prime Minister Narendra Modi on Friday appealed to well-to-do sections of Indian society to voluntarily give up LPG subsidy, so that its benefit could be shared with the poor. Delivering the inaugural address at the global energy summit — Urja Sangam 2015 — the Prime Minister said that about 2.8 lakh people from across the country had already given up liquified petroleum gas (LPG) subsidy. He said this was an important contribution to serve the poor. Mr Modi called for enhancing domestic production to reduce the energy import burden of the country by at least 10 per cent, till 2022 — the occasion of the platinum jubilee of India’s independence. He said if imports, which account for a staggering 77 per cent of the demand, are cut by 10 per cent by 2022, the country can look to make it half by 2030. India spent Rs 189,238 crore on import of crude oil in 2013-14. Mr Modi said the tran-sfer of LPG subsidy into bank accounts through the world’s largest cash ...
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Oil dives 5 percent as worries about Iran talks trump Yemen 28.3.2015 Sify News
By Barani Krishnan
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Tap Natural Gas to Meet Power Needs 28.3.2015 newindianexpress.com
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Govt to set up bio gas, coal-bed methane filling plants soon 28.3.2015 Zee News : India National
 The Commerce and Industry Ministry has given permission to set up 16 bio gas-based and three coal-bed methane-based natural gas filling plants to encourage use of alternative fuel in the country.
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Government to set up biogas, coal-bed methane filling plants soon 27.3.2015 Asian Age: Business
New Delhi: The Commerce and Industry Ministry has given permission to set up 16 bio gas-based and three coal-bed methane-based natural gas filling plants to encourage use of alternative fuel in the country. Commerce and Industry Minister Nirmala Sitharaman also said that Petroleum and Explosive Safety Organisation (PESO), which is under the Department of Industrial Policy and Promotion (DIPP), is closely associated with the developmental activities for introduction of hydrogen as an alternative fuel. She said that PESO has granted permission to Indian Oil Corporation to set up hydrogen manufacturing and dispensing facilities in their R&D centre at Faridabad, and to University of Petroleum and Energy Studies at Gurgaon for establishment and development of hydrogen production and dispensing facilities. "Further, 16 biogas-based and three coal-bed methane-based natural gas filling plants are to be established sooner. PESO has already given permission for these," she said at the 'Urja Sangam' here. The ...
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Vedanta slaps Notice of Claims on Government 27.3.2015 Asian Age: Business
London: After Cairn Energy of UK, London-listed Vedanta Group has slapped a Notice of Claims against the Indian government challenging the Rs 20,497-crore tax imposed on its subsidiary using retrospective legislation. Billionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India. The Group filed the notice against I-T Department move to impose Rs 20,497 crore in taxes and penalties on Cairn India for allegedly failing to deduct tax on capital gains made by its former parent Cairn Energy while doing a business reorganisation seven years back. Cairn Energy had in 2006-07 transfered its India assets including the giant Rajasthan oil fields to a new company, Cairn India and got it listed on stock exchanges. It sold major shareholding in Cairn India to Vedanta in 2011. "Vedanta's Board of Directors has instructed counsel to file a notice of claim against the GoI under the UK-India bilateral investment treaty (BIT) in order to protect its ...
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Saudi-led campaign strikes Yemen's Sanaa, Mo... 27.3.2015 TOI: All Headlines
Saudi-led campaign strikes Yemen's Sanaa, Mo...
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Vedanta sues India on Cairn tax demand 27.3.2015 Hindustan Times: Business
Energy giant Vedanta Resources plc on Friday filed a notice of claim against the governments move to impose Rs 20497 crore in taxes and penalties on its subsidiary Cairn ...
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Vedanta slaps Notice of Claims on government 27.3.2015 ET: Oil & Gas
Billionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India.
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Natural gas price to be cut by 9 % to $4.56 from April 27.3.2015 Hindu: Business
In the first ever reduction in domestic natural gas prices, the rates will be slashed by 9 per cent to $ 4.56 per unit from April 1 to reflect the softening in international prices, benefiting use...
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Rich should give up their LPG subsidy :Modi 27.3.2015 newindianexpress.com
Modi appealed to the well-heeled to come forward to give up their subsidised cooking gas so that the benefit be passed on to other welfare schemes.
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Government to set up biogas, coal-bed methane filling plants soon 27.3.2015 Asian Age: Business
New Delhi: The Commerce and Industry Ministry has given permission to set up 16 bio gas-based and three coal-bed methane-based natural gas filling plants to encourage use of alternative fuel in the country. Commerce and Industry Minister Nirmala Sitharaman also said that Petroleum and Explosive Safety Organisation (PESO), which is under the Department of Industrial Policy and Promotion (DIPP), is closely associated with the developmental activities for introduction of hydrogen as an alternative fuel. She said that PESO has granted permission to Indian Oil Corporation to set up hydrogen manufacturing and dispensing facilities in their R&D centre at Faridabad, and to University of Petroleum and Energy Studies at Gurgaon for establishment and development of hydrogen production and dispensing facilities. "Further, 16 biogas-based and three coal-bed methane-based natural gas filling plants are to be established sooner. PESO has already given permission for these," she said at the 'Urja Sangam' here. The ...
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