Page 5 - Twesh Mishra

These lesser-known firms set to make a mark in India's oil and gas sector

Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during DSF-1 auctions

Indian Railways mulling makeover of 90 more stations; work on 60 underway

This comes after the corporation spruced up Habibganj, Gandhinagar stations

RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push

Success of partnership key to internationalisation plans, say RIL executives

Diesel tops Rs 100/litre in Odisha, Rajasthan on the back of global cues

Diesel is expensive in these states as they levy the highest rates of Value Added Tax alongside cesses on auto fuels in the country

India and US launch a hydrogen task force in clean energy push

India-US strategic partnership was revamped after Biden administration took charge

Coal drives Railways' freight biz as demand from power plants perks up

As power plants rush to hoard coal ahead of peak summer demand, coal production and its movement has also increased

DSF Round 3 auctions: 32 contract areas comprising 75 discoveries on offer

Production at DSF-1 Elao field expected to start in a week

Deal with Tellurian for 40-year gas supply no longer exists: Petronet LNG

Under the terms of the old agreement, the two were to finalise an investment deal by December 2020. This was after an earlier extension of the agreement which had lapsed in March 2020

GAIL proposes two pipelines to be monetised via InvIT, awaits Centre's nod

Company says it incurred a capex of Rs 5,000 crore on these two pipelines, silent on project names

Price of crude oil moving above $70 per barrel a concern: Analysts

Analysts assess current global demand for crude oil at 94 million barrels per day, around 6 mbpd lower than pre-pandemic levels.

Reliance Industries set for windfall gain from oil and gas vertical

According to Harsh Dole, vice-president of IIFL, the commercialisation of key gas discoveries of RIL are no less than a game changer

Railways maintains steady momentum with higher freight loading in May 2021

Indian Railways reported 114.8 million tonnes of freight loading in May 2021 which is 9.7 per cent higher than the previous best of 104.6 MT reported in May 2019.

Reliance Industries' balance sheet is strong, says Mukesh Ambani

Submits a proposal for use of niclosamide as potential Covid drug

At Rs 105.52 a litre, faraway depots make Sri Ganganagar's petrol costliest

High VAT, freight costs push petrol up to Rs 105.52/ litre, diesel Rs 98.32/ litre

Fossil fuels will be a bad word in decades to come: Oil Minister Pradhan

He asked oil and gas firms to take a lead in clean fuel initiatives, urging them to focus more on using farm waste to energy projects

Next oil reserves plan by Sept, to see Rs 14K-crore investment: ISPRL

Request for proposal document awaiting Centre's nod

High level of taxation widens divergence in diesel inflation in WPI, CPI

Diesel retail prices are back to more than Rs 80 a litre in the national capital throughout this month and remain on an upward trajectory

DSF-III likely to see more oil and gas discoveries, fewer new players

It is expected that the third round of DSF auctions will have 32 contract areas on offer for bids spread across 75 fields

India saved over Rs 30 K-cr in 2020-21 over falling hydrocarbon prices

Analysts expect trend to continue in 2021-2022

India saved over Rs 30,000 cr despite rising petro product imports in FY21

Analyst expect trend to continue this fiscal