Page 5 - Subhash Narayan News Today

India proposes to re-evaluate its plan to store its strategic oil reserves in facilities available in the US as the country looks to bolster domestic storage that is considered a safer and better option to deal with excess price volatility and ...

ONGCs plan to merge MRPL with HPCL may have to wait till FY24 ​ By Subhash Narayan ( IANS) | Published on ​ Sun, Jan 17 2021 9:21 IST | ​ 0 Views Petrol. (File Photo: IANS). Image Source: IANS Infographics New Delhi, Jan 17 : State-run oil and gas explorer ONGCs plan to complete the merger of its refining subsidiary MRPL with recently acquired HPCL to align its upstream and downstream operations into two verticals has got delayed. The process is now expected to be completed by FY24 as...

After oil, India may now build strategic reserve of natural gas to further strengthen the countrys energy security and shield itself from supply disruptions and frequent price fluctuations coming from perennial political risks in the prime ...

Nepal to kickstart overseas participation on Indian power exchanges   Sun, Dec 20 2020 12:46:20 PM By Subhash Narayan New Delhi, Dec 20 (IANS): Indian power exchanges may soon host buyers and sellers from neighbouring countries as India looks to operationalise cross-border sale and purchase of electricity for which regulations were finalised last year. As per the plan, power producers from neighbouring Nepal would be the first to get access to Indian power exchanges through a power trader to ...

Governments greed for revenue keeps petrol, diesel prices close to all-time high levels   Wed, Dec 16 2020 05:23:40 PM By Subhash Narayan New Delhi, Dec 16 (IANS): Oil companies may have provided relief to consumers by keeping the pump prices of petrol and diesel static for the past nine days even on rising global oil prices, but it is the heavy load of taxes that has kept the two auto fuels price closer to all-time high levels now with the pandemic-affected revenue stream preventing the gove...

Modi govts lust for revenue keeps fuel prices close to all-time high levels The taxes component has fallen over the fortnight as global price of petrol and diesel has also risen in past few days Wednesday December 16, 2020 2:54 PM, Subhash Narayan, IANS New Delhi: Oil companies may have provided relief to consumers by keeping the pump prices of petrol and diesel static for the past nine days even on rising global oil prices, but it is the heavy load of taxes that has kept the two auto fuels pri...