Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
The Union Cabinet will soon take a call on the vexed issue of whether to go for international arbitration at a London tribunal against Oman, which raised natural gas price from 77 cents to $3 per unit, leading to a sharp rise in the price of fertiliser imported by India under a long-term off-take agreement. The finance ministry has rejected a request for increasing the price of urea imported from Omifco, an equal joint venture of Indian and Oman firms, in line with the higher gas price implemented by the Arab nation at the beginning of this year.
India will raise retail prices of subsidised fuels, including diesel, once parliament approves the finance bill for the current fiscal year early next month, a senior government source with knowledge of the matter said on Thursday. Parliament is expected to consider the finance bill on May 7 and approve it a couple of days after that.
Estimates point to 4-year-high of 4.9% rise in petroleum product sale trend likely to continue, says PPAC The country’s diesel consumption rose a massive 11.9 per cent in 2011-12, leading to an expected 4.9 per cent growth in the sale of petroleum products in the just-ended financial year. That will mark a four-year-high growth, which is significantly above 2.9 per cent in 2010-11. The government’s projection for FY12 was 4.58 per cent.
Indian power cos having coal supply pacts with Indonesian firms fear that ops will be affected if nation is hit by tsunami. Amassive earthquake off Indonesia on Wednesday rattled investors and sparked
Network tariff and compression charge on sale of PNG, CNG slashed The Petroleum and Natural Gas Regulatory Board (PNGRB) has slashed the network tariff and the CNG compression charge billed by Indraprastha Gas Ltd. (IGL) on sale of piped natural gas (PNG) and compressed natural gas (CNG) in Delhi.
Ahmedabad: The state public sector undertaking (PSU), GSPC Gas has hiked piped natural gas (PNG) prices by 30 per cent and compressed natural gas (CNG) prices by 10 per cent. Citing non-allocation of cheaper natural gas from the Union government as the reason for the hike, GSPC Gas Company (GGC), a subsidiary of GSPC, revised PNG prices from Rs 16.91 per standard cubic meter to Rs 20.91 per scm and CNG from Rs 45.25 per kg to Rs 50.20 per kg. The revision of PNG prices will be for domestic users.
Says the price fixation is in the legislative domain as It requires some expertise. The Supreme Court has rejected a petition to fix the price of petroleum products. It falls within the domain of the government,
New Delhi: The Supreme Court on Monday said that pricing of petrol and diesel determined by a complex mechanism fell exclusively within the executive’s policy domain and refused to entertain a public interest
New Delhi In what could give a reprieve to consumers who have been fearing another hike in petrol price, the government has decided to put the proposal in abeyance. According to official sources, oil marketing
The Tiruchi District Consumer Movement urged the Centre to allot the entire quantum of power generated in the Kudankulam Nuclear Power Project (KKNPP) to the State considering the abysmal power scenario in the State. A resolution to this effect was adopted at a meeting to celebrate the International Women's Day, Consumer Day and the memorial day of Muthuvelan, founder of the Movement, held here recently. J.Selvaraj, president, presided over the meet.