Tag: Natural Gas

Natural gas prices hiked 40 pc; CNG, PNG to cost more
Natural gas prices hiked 40 pc; CNG, PNG to cost more

The government sets the price of gas every six months -- on April 1 and October 1 -- each year based on rates prevalent in gas surplus nations such as the US, Canada and Russia in one year with a lag of one quarter.

  • Saturday, 01 October 2022
Centre-States May Discuss Early Inclusion Of Natural Gas Into GST Fold

With GST revenue collections making a rebound post the disruptions caused by the second wave of Covid pandemic, the Centre is likely to initiate dialogue with states for inclusion of petroleum products under the new indirect tax fold.

  • Wednesday, 08 September 2021
Villagers in panic as tubewell spews fire in Kendrapara

Kendrapara: What would you do when tubewell starts spitting fire instead of water? Such a bizarre incident has now become the talk of the town in Kalabuda village under Gadarpur block in Kendrapara district. According to reports, one Maguni Charan Sahoo had dug up a tubewell in his home to deal with the water crisis […]

  • Monday, 26 July 2021
CGD - Piped Gas Project
Petroleum minister launches piped gas project in Bhubaneswar

Bhubaneshwar: The Rs 1,750 crore City Gas Distribution (CGD) project which will be rolled out to the twin cities of Bhubaneswar and Cuttack was launched in Bhubaneshwar today by Union Petroleum minister Dharmendra Pradhan. “The project which has been launched today will see pipelines for natural gas delivery being laid in Bhubaneswar, Cuttack and subsequently […]

  • Wednesday, 21 July 2021
Israeli company to export gas worth $15 bn to Egypt

Tel Aviv: Israel-based Delek and Texas-based Noble Energy signed on Monday a $15 billion deal to export natural gas to Egypt, the officials said. The gas will be drilled from Israel’s offshore natural gas fields, Tamar and Leviathan, Delek said in a statement. Under the agreement, Delek and Noble Energy, which control the gas fields, […]

  • Wednesday, 07 July 2021
Offshore work contracts for oil, gas exploration to attract 12% GST: Govt

New Delhi: While works contract services relating to oil and gas exploration in the offshore areas beyond 12 nautical miles shall attract 12 per cent GST, the transportation of natural gas through pipeline will attract 5 per cent GST without input tax credit, Finance Ministry said on Wednesday. “Offshore works contract services and associated services […]

  • Tuesday, 06 July 2021
India, Kazakhstan to expand oil, gas, nuclear ties

New Delhi: India and Kazakhstan on Wednesday discussed expanding cooperation in hydrocarbons and nuclear energy sectors, as well as expanding the International North-South Transport Corridor by linking it to the Kazakhstan-Turkmenistan-Iran rail link, an official statement said here on Wednesday. These and other issues figured at the two-day meeting of the Inter-Governmental Commission (IGC) with […]

  • Tuesday, 06 July 2021
CGD project
City Gas project to be launched in Bhubaneswar, Cuttack

Bhubaneshwar: The Rs 1,750 crore City Gas Distribution (CGD) project will be launched in Bhubaneshwar and Cuttack soon, bringing environment friendly Natural Gas to Odisha. Natural Gas will be supplied to these cities through the Jagdishpur Haldia & Bokaro Dhamra Natural Gas Pipeline (JHBDPL), popularly known as ‘Pradhan Mantri Urja Ganga’, GAIL Director (Projects) Ashutosh […]

  • Monday, 28 June 2021
GST Rate Revision Likely To Be Deferred, Natural Gas May Come Under Ambit
GST Rate Revision Likely To Be Deferred, Natural Gas May Come Under Ambit

New Delhi: GST rates are unlikely to witness any major changes during the extended run of the pandemic as the Centre and the states have agreed not to disturb the…

  • Friday, 02 April 2021