oil majors

Indian palm oil firms make Indonesian eco-disaster: Greenpeace


June 19th, 2012 - 7:51 pm ICT by IANS
Mumbai, June 19 (IANS) Greenpeace India Tuesday claimed that major Indian corporates houses could be linked to the destruction of the Indonesian rainforests through their imports of palm oil from ... Read more...

Posted in Environment |

EGoM on fuel price hike deferred for next week: Jaipal Reddy


May 10th, 2011 - 9:56 pm ICT by IANS
New Delhi, May 10 (IANS) The meeting of the ministerial panel scheduled Wednesday to consider a possible rise in fuel prices has been deferred till next week, Petroleum Minister ... Read more...

Posted in Business |

G.C. Chaturvedi takes over as petroleum secretary


May 4th, 2011 - 6:56 pm ICT by IANS
New Delhi, May 4 (IANS) G.C. Chaturvedi Wednesday took charge as the petroleum secretary, replacing S. Sundareshan who was moved to the heavy industries ministry.Chaturvedi was previously special director general ... Read more...

Posted in Business |

Iraq poised to transform oil market in next decade


December 31st, 2009 - 12:57 pm ICT by IANS
By Nehal el-Sherif Berlin/Baghdad, Dec 31 (DPA) Political and security issues in war-torn Iraq have been the focus of the world's attention for more than six years. Now, the country's oil reserves are ... Read more...

Posted in Business |

‘Maharatna’ status mooted for major public sector firms


June 22nd, 2009 - 10:06 pm ICT by IANS
New Delhi, June 22 (IANS) The government is considering giving "maharatna" status to big public sector undertakings (PSUs) to provide them greater freedom to take strategic decisions in key areas of ... Read more...

Posted in Business |

Kazakhstan signs civil nuclear deal with India (Second Lead)


January 24th, 2009 - 5:50 pm ICT by IANS
New Delhi, Jan 24 (IANS) Central Asian republic Kazakhstan Saturday became the fourth nation after the US, France and Russia to sign a civil nuclear cooperation agreement with India.Kazakh President Nursultan Nazarbayev, ... Read more...

Posted in Uncategorized |

India, Kazakhstan sign nuclear pact (Lead)


January 24th, 2009 - 3:23 pm ICT by IANS
New Delhi, Jan 24 (IANS) India and Kazakhstan Saturday signed five agreements, including one on civil nuclear energy.Kazakh President Nursultan Nazarbayev, who arrived Friday night on a four-day visit ahead of the ... Read more...

Posted in Uncategorized |

Oil firms further cut aviation fuel prices


November 4th, 2008 - 12:11 am ICT by IANS
New Delhi, Nov 3 (IANS) State-run oil firms Monday cut aviation fuel prices further by Rs.2,100 per kilolitre, after the government exempted customs duty on fuel last week.Oil majors Indian Oil, Hindustan ... Read more...

Posted in Business |

Petroleum minister seeks increase in oil bond allocation


October 30th, 2008 - 9:48 pm ICT by IANS
New Delhi, Oct 30 (IANS) With oil marketing companies expected to post losses in the second quarter, Petroleum Minister Murli Deora met Finance Minister P. Chidambaram to ask for an increase in ... Read more...

Posted in Business |

State oil firms to start grievance redressal service


October 1st, 2008 - 8:55 pm ICT by IANS
New Delhi, Oct 1 (IANS) The three state-run oil marketing companies will launch a new grievance redressal scheme Thursday with toll-free numbers for registering complaints about their fuel products.A statement released by ... Read more...

Posted in Business |

SpiceJet to lower fares only if fuel prices settle


September 1st, 2008 - 6:10 pm ICT by IANS
New Delhi, Sep 1 (IANS) Low-cost carrier SpiceJet will reduce fares only if aviation fuel prices remain stable over the next two-three months, a top airline official said Monday."At this point of ... Read more...

Posted in Uncategorized |

Oil companies asked to improve demand management


August 19th, 2008 - 10:51 pm ICT by IANS
New Delhi, Aug 19 (IANS) The ministry of petroleum and natural gas will focus on demand management of fuel in the country and address shortages by improving consumption efficiency and strengthening distribution ... Read more...

Posted in Business |

Chaturvedi panel proposals find no takers among oil majors (Lead)


August 19th, 2008 - 10:27 pm ICT by IANS
New Delhi, Aug 19 (IANS) The petroleum ministry and state-run oil majors Tuesday made it clear they have problems with most of the recommendations of a high-powered committee on fuel pricing, from ... Read more...

Posted in Business |

Oil majors against pricing policy change


August 19th, 2008 - 4:45 pm ICT by IANS
New Delhi, Aug 19 (IANS) State-owned oil majors don't want the petroleum product pricing model to be changed from trade parity to base export parity model as recommended by a high-power committee ... Read more...

Posted in Business |

Deora to meet oil firm heads to discuss fuel pricing


August 18th, 2008 - 9:40 pm ICT by IANS
New Delhi, Aug 18 (IANS) Petroleum minister Murli Deora will discuss with of heads of state-run oil majors the B.K. Chaturvedi Committee's recommendations on fuel pricing, the government said here Monday.The ... Read more...

Posted in Uncategorized |

Oil ministry wants Reserve Bank to buy oil bonds


August 1st, 2008 - 10:26 pm ICT by IANS
New Delhi, Aug 1 (IANS) The petroleum ministry wants the Reserve Bank of India (RBI) to resume buying oil bonds for oil marketing companies to ease their acute cash crunch, a senior ... Read more...

Posted in Business |

Tata Steel debuts on Fortune 500 list, ranks 315


July 10th, 2008 - 8:40 pm ICT by IANS
New York, July 10 (IANS) Thanks to its acquisition of the Corus group, Tata Steel has entered the Fortune 500 list at rank 315, while India's largest corporate group Reliance Industries jumped ... Read more...

Posted in World |

Oil soars past $143 mark


June 30th, 2008 - 10:20 pm ICT by IANS
London/New York, June 30 (IANS) Oil prices Monday surged past $143 a barrel, an all-time high, as the dollar remained weak amid tension between Iran and Israel. The front-month August Brent contract ... Read more...

Posted in World |

Chinese, Venezuelan oil majors start joint venture


April 6th, 2008 - 7:54 pm ICT by admin
Prensa Latina Caracas, April 6 (Prensa Latina) China and Venezuela have agreed to set up a joint venture in oil exploration in the South American country. According to a statement Saturday by state-run ... Read more...

Posted in World |

HC asks Petroleum Ministry, IOC to submit status report on LPG black marketing


March 24th, 2008 - 4:16 pm ICT by admin
New Delhi, Mar 24 (ANI): The Delhi High Court today ordered the Petroleum Ministry and Indian Oil Corporation (IOC) to submit status report on a petition alleging that the oil majors ... Read more...

Posted in National |

India Chemical Industry Outlook to be held in Mumbai


February 15th, 2008 - 5:09 pm ICT by admin
New York, Feb 15 (ANI/Business Wire India): Chemical Week and the Indian Chemical Council have teamed up to create the first India Chemical Industry Outlook in Mumbai on April 15. The two-day ... Read more...

Posted in Business |

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