Move will help in bringing at least 40 mmscmd of natural gas from Krishna Godawari basin alone
Asserting that India is moving ahead on the path of futuristic reforms, PM Modi hailed the 'natural gas marketing reforms' and said it will add strength to efforts of making India a gas-based economy
In a major boost to firms such as Reliance Industries, the government allowed affiliate companies to buy gas produced from non-regulated fields as part of giving complete marketing freedom
Natural gas production in India remains a loss-making proposition for most fields after the government cut gas price by a steep 25 per cent, rating agencies said
Relief for producers as prices and demand falling globally
Crude oil has breached its range of 3,130-3,230 with volumes
Lead has made narrow-bodied candles around 158-159 zone
Indian and foreign investors have shown interest in the country's plans to expand its domestic gas pipeline network but remain worried about steel capacities at home and the complex pricing policies
Mozambican security forces have been battling a low-level insurgency against militias suspected of having links to Islamic State in the gas-rich north of the country
The discovery announced by Erdogan is already the largest of its kind in the Black Sea and proved the existence of sizable deposits deep under the seabed
This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mmBtu in April.
Copper has made 'harami' candlestick pattern on daily scale which is a sign of reversal
The company's revenue from operations also saw a decline of 34 per cent for the quarter ended June 30 to Rs 12,180.62 crore as against Rs 18,481.56 crore in Q1FY20
A fourth house in the row was ripped open, and windows were shattered in nearby homes, leaving the neighborhood strewn with debris and glass
Natural Gas has breached its previous resistance of 163
The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals
Crude oil bulls look exhausted
On MCX, next target for Gold comes around Rs 52,000 where it will see some pullback as it has rallied one way in relative short period of time
There is a negative divergence in RSI_14 on Crude oil's daily scale
Renewed cases of Covid-19 is keeping bulls in the hunt. Above $1820, we can see prices till $1850-$1870 in a short period