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Coronavirus: Railways sounds alarm, advises against non-essential travel

The cancellation of trains came after Prime Minister Narendra Modi's call for 'Janata Curfew' on that day

Railway passenger traffic catches the coronavirus flu, declines 28%

The national transporter has cancelled 155 pairs of trains this week as a step to curb the spread of COVID-19

Excise duty hike on petrol, diesel to add Rs 43,000 cr to govt revenue

Additional revenue will help govt meet its FY21 target of bringing down the fiscal deficit to 3.5% of GDP

Low petrol prices, phased rise in LPG rate to bring down subsidy

Analysts say the subsidy burden on both LPG and kerosene is likely to be around Rs 35,000 crore

Govt to sell 100% stake in BPCL; companies with $10-bn net worth can bid

May 2 set as deadline to submit EoIs, PSUs kept out

Indian Railways likely to miss ambitious 100% electrification target

Need to electrifiy 9,700 km in 4 yrs, achieves only 41% target for 2019-20 till Jan

Indian Oil Corporation's gas pipelines to be part of proposed GAIL arm

Cabinet to take a call soon; IOC product pipeline not to be part of new arm

IEX to launch trading platform Indian Gas Exchange; norms yet to be framed

IGX will be offering a spot contract for the day ahead market, which means gas will be physically delivered the next day

French energy giant Total acquires 37.4% in Adani Gas for Rs 5,152 crore

Total had said late last year that CGD was a natural extension of the plans of both partners to invest in infrastructure and assets worth over $1 billion

Hindustan Oil to start commercial production from Mumbai block by December

The company is targeting a doubling of its net production to around 5,000 barrels of oil equivalent per day (boepd) by the second half of 2020

Non-telecom PSUs to take common legal recourse for AGR: GAIL chairman

GAIL lines up Rs 1 trillion capex for next five years

Trump's India visit: Indo-US energy relations set to touch a new high

Under the deal, India is to get a share in natural gas from the proposed Driftwood project in Louisiana

Global oil mkt well supplied, crude price to remain at $60/bbl: IEA chief

"Oil prices rising to triple digits, as some are people saying, is not something that I believe in," says International Energy Agency's Fatih Birol

Centre approves Rs 5,600-cr for 1,656 km-long North East Gas Grid

The eight states are Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura

After a passenger fare hike, Railways plans occupancy-based discount

Occupancy-based discount is an effort to augment revenue by increasing number of passengers during lean periods

OMCs say spike in oil prices a temporary phase as US-Iran lock horns

Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani

US-Iran tensions may spell trouble for India's oil future and economy

A $1/barrel change in crude oil price raises the import bill by Rs 6,328 crore, shows govt estimate

ONGC bags all 7 oil and gas blocks in fourth round of OALP auction

The seven blocks are spread over three sedimentary basins with resource potential of approximately 33 billion barrels of oil and oil equivalents of gas

We're going corporate, no question of privatisation: Rail Board chairman

Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with govt

Indian railways stares at weak finances as staff, pension costs rise

Operating ratio has already crossed 100% in FY20, while share of internal resources in capex is down to 3.5%