The arbitration tribunal held that Reliance could contractually produce and sell any gas that might have migrated from adjoining fields of state-owned ONGC into its area
RIL and Shell challenged the FPA before the High Court in London
Synthetic natural gas is produced from coal and serves as a substitute for natural gas
However, he said, with the GST regime stabilising and apprehensions over GST collection gradually receding, "it is a matter of time petrol and diesel are brought under GST"
Delhi High Court, in its order, had directed the govt to extend the Production Sharing Contract with Vedanta for its Rajasthan block for a period of 10 years beyond the current contract term
This kind of geopolitical (tension) affects both consuming and producing countries. We have to live with the reality of the present geopolitics, Pradhan said
Saudi Oil Minister Khalid A Al-Falih will visit India on February 23-24 while US Energy Secretary Rick Perry would be here between February 28 and March 1
For the first time, 7 refineries and petrochemical complexes are about to begin their functions in India: Pradhan said
Part of plan for deeper petro ties with bloc and India in talks with Indonesia for refineries, LNG plants, says the oil minister
The meeting was attended by ministers from Assam and Manipur, senior officials of the ministry and representatives of all North-Eastern states
Union Minister Dharmendra Pradhan chided officials over an idea put forward by them
We expect investments worth of $40 bn in Indian E&P in 4-5 years: Pradhan
Japan will bear the financial cost of the skill training of Indian technical interns; about 50,000 of them may also get jobs in Japan
Idea was first mooted in a meeting of the consultative committee of members of Parliament in Srinagar on April 21
Said shifting to GST regime will be the only way to have a transparent tax structure on fuel items
He said his job would be to skill youth on a large scale with speed
Ethanol production through molasses in the country for FY17 is 220-cr litres, says Pradhan
Says rising middle-class in emerging Asian countries will drive demand for energy sector
The project would cover 4,395 sq km in urban and rural Bengaluru, broadly covering eight sectors
Natural Gas is much cheaper than diesel and petrol