Wed, Nov 30, 2022
Individually, shares of Indraprastha Gas gained by over 4 per cent to Rs 452 per share, followed by Mahanagar Gas up nearly 3 per cent to Rs 922 per share and Gujarat Gas up 2 per cent to Rs 508 per share on the exchanges intraday.
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Tue, Nov 29, 2022
A government-appointed gas price review panel, led by Kirit Parikh, is recommending a floor and ceiling price for natural gas produced from legacy fields of state-owned firms for five years to help moderate CNG and piped cooking gas rates
Tue, Oct 05, 2021
According to Fitch Ratings, the recent 62 per cent increase in natural gas prices by the Indian government will boost the profitability of upstream companies in the country like ONGC and Reliance Industries Ltd.
Fri, Jun 23, 2017
Mukesh Ambani-led Reliance Industries and its partner BP have withdrawn a legal challenge against the government over delay in gas price revision, which will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deepsea at an investment of Rs 40,000 crore by 2022.
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