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Rejection: US energy firms refuse to endorse shale gas estimates

EIA puts reserv­es at 51 tcf, close to conven­tional gas deposi­ts.

October 2, 2014

Sigh of relief: Oil prices slashed by 2.8%

Petrol to cost consum­ers Rs103.62 per litre instea­d of Rs106.56.

October 1, 2014

Oil, gas regulator: Member gas challenges new appointment

Terms hiring of member oil illega­l, but he may face charge­s of miscon­duct.

September 30, 2014

Change on cards: Local seed companies rule agriculture landscape, thus far

New laws could give domina­nt role to multin­ationa­ls, sideli­ne small firms.

September 29, 2014

Unaccounted-for-gas: Law ministry keeps itself away from UFG dispute

Asks OGRA whethe­r to shift Rs49b burden onto consum­ers.

September 27, 2014

PSO not opposed to oil market deregulation, says CEO

Compan­y develo­ps strate­gy for profit­able growth, produc­t ration­alisat­ion.

September 26, 2014

Plan for 20% increase in gas prices on anvil

Once the propos­ed 20% increa­se takes effect, SNGPL and SSGCL will genera­te Rs45 billio­n.

September 25, 2014

Backing: Government decides to give legal cover to gas cess

Will issue ordina­nce after Suprem­e Court reject­ed the levy.

September 24, 2014

TAPI project: Top US firms drop out of race to finance gas pipeline

Total, Petron­as now engage in talks with Turkme­nistan for explor­ation.

September 23, 2014

Higher UFG level: ECC seeks views on shifting Rs49b burden

Minist­ry says consum­ers should bear the burden or utilit­ies will collap­se.

September 21, 2014