oil minister

Government hikes diesel price by Rs.five a litre (Second lead)


September 13th, 2012 - 11:05 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday announced a hike in diesel price by Rs.five a litre and restricted availability of cooking gas cylinders per family to six ... Read more...

Posted in Business |

Iran mulling oil refineries in Africa


September 3rd, 2012 - 8:15 pm ICT by IANS
Tehran, Sep 3 (IANS) Iranian Oil Minister Rostam Qasemi has said the country is considering the construction of small oil refineries in some African countries, local media reported Monday.Qasemi said ... Read more...

Posted in World |

Syrian minister joins opposition


March 9th, 2012 - 6:03 am ICT by IANS
Moscow, March 9 (IANS/RIA Novosti) Syria's deputy oil minister has announced his defection, saying he was joining the uprising against President Bashar al-Assad, Al Jazeera TV reported."I, Abdo Hussameldin, deputy ... Read more...

Posted in Uncategorized |

Iraq nominates oil expert as OPEC chief


March 6th, 2012 - 10:39 pm ICT by IANS
Baghdad, March 6 (IANS) The Iraqi government has nominated ex-oil minister Tamer al-Ghadban for the post of the secretary general of the Organisation of Petroleum Exporting Countries (OPEC), an official ... Read more...

Posted in Business |

Iran threatens to cut oil exports to more countries


February 21st, 2012 - 8:47 am ICT by IANS
Brussels, Feb 21 (IANS/RIA Novosti) Iran has threatened to stop exporting oil to more European countries -- Germany, Spain, Italy, Greece, Portugal and the Netherlands -- if they continue to ... Read more...

Posted in World |

Iran stops oil exports to Britain, France


February 19th, 2012 - 9:56 pm ICT by IANS
Tehran, Feb 19 (IANS) Iran's oil ministry announced Sunday that it has stopped oil exports to Britain and France.The announcement comes after the oil minister said earlier that Iran might ... Read more...

Posted in Business |

Venezuela pays Exxon $250 mn for nationalized assets


February 17th, 2012 - 11:28 am ICT by IANS
Caracas, Feb 17 (IANS/EFE) Venezuela has paid US oil giant ExxonMobil $250 million in compensation for the 2007 nationalization of crude assets.This brings an end to a "legal situation established ... Read more...

Posted in Business |

Iran to stop Europe oil exports


February 4th, 2012 - 7:48 pm ICT by IANS
Tehran, Feb 4 (IANS) Iran will stop its oil exports to Europe, Oil Minister Rostam Qasemi said Saturday.The development comes after the European Union endorsed the measures adopted by the ... Read more...

Posted in World |

‘EU ban to cause hefty economic loss to Europeans’


January 31st, 2012 - 5:51 am ICT by IANS
Tehran, Jan 31 (IANS) The European Union (EU) ban on importing oil from Iran will be a "hefty economic loss" for the Europeans, the state-run Press TV quoted a senior ... Read more...

Posted in World |

‘Iran to stop oil exports to some EU members soon’


January 30th, 2012 - 7:02 am ICT by IANS
Tehran, Jan 30 (IANS) Iran will soon stop oil exports to certain members of the European Union (EU), the country's Oil Minister Rostam Qasemi was quoted by Mehr news agency ... Read more...

Posted in Business |

Six bombs recovered from Pakistan blast site


December 31st, 2011 - 2:52 pm ICT by IANS
Islamabad, Dec 31 (IANS) Six bombs have been recovered from the site in Pakistan's Quetta city where a car bombing took place Friday night killing at least 13 people, ... Read more...

Posted in Uncategorized |

15 killed in Pakistan’s Quetta city blast


December 31st, 2011 - 4:22 am ICT by IANS
Islamabad, Dec 31 (IANS) At least 15 people were killed and over 20 wounded after a blast hit Pakistan's Quetta city Friday, said police sources and media reports.The toll ... Read more...

Posted in World |

13 killed, 21 injured in Pakistan car bombing (Lead)


December 31st, 2011 - 12:53 am ICT by IANS
Islamabad, Dec 30 (IANS) At least 13 people were killed and 21 injured Friday evening in a powerful car bombing in Pakistan's Quetta city, media reports said.The blast took ... Read more...

Posted in South Asia |

Iran discovers gas field


December 12th, 2011 - 1:49 am ICT by IANS
Tehran, Dec 12 (IANS) Iran has discovered a gas field in the Caspian sea, Oil Minister Rostam Qasemi said Sunday.The new reserve, located at a depth of 2,300 feet, is ... Read more...

Posted in Business |

Iran finds large gas deposit in Caspian Sea


December 11th, 2011 - 9:24 pm ICT by IANS
Moscow, Dec 11 (IANS/RIA Novosti) A large natural gas deposit with reserves of 50 trillion cubic feet , or over 1.40 trillion cubic metres was discovered in the Iranian part ... Read more...

Posted in Uncategorized |

Iran finds new gas field


August 9th, 2011 - 11:38 am ICT by IANS
Tehran, Aug 9 (IANS) Iran has discovered a new gas field containing about 495 billion cubic meters of natural gas worth $133 billion in the southern part of the country.The ... Read more...

Posted in Uncategorized |

Iran to export diesel to Iraq


June 23rd, 2011 - 12:25 am ICT by IANS
Tehran, June 22 (IANS) Iran will export 1.5 million liters of diesel oil to Iraq daily, Xinhua reported Wednesday.Iranian Deputy Oil Minister Ali-Reza Zeighami said both countries have signed a ... Read more...

Posted in Business |

US slaps further sanctions on Libyan firms


June 22nd, 2011 - 5:06 am ICT by IANS
Washington, June 22 (IANS) The US has imposed sanctions on more Libyan entities in a bid to add more pressure on Muammar Gaddafi, but lifted sanctions against a government official ... Read more...

Posted in World |

Eight weeks sought to reply to CAG report on RIL: Jaipal Reddy (Lead)


June 20th, 2011 - 10:32 pm ICT by IANS
New Delhi, June 20 (IANS) Petroleum Minister S. Jaipal Reddy said Monday his ministry has sought eight weeks' time to reply to the draft report of the Comptroller and ... Read more...

Posted in Business |

CAG report on RIL inflating costs only an interim draft: Oil Minister


June 20th, 2011 - 7:18 pm ICT by IANS
New Delhi, June 20 (IANS) Oil Minister S. Jaipal Reddy Monday said the petroleum ministry will reply in eight weeks to the draft report of the Comptroller and Auditor General ... Read more...

Posted in Uncategorized |

Iranian president sacks three ministers


May 14th, 2011 - 11:44 pm ICT by BNO News
TEHRAN (BNO NEWS) -- Iran's President Mahmoud Ahmadinejad on Saturday sacked three of his ministers as part of plans to combine some ministries, Press TV reported.In three separate decrees, Ahmadinejad dismissed Welfare ... Read more...

Posted in World News |

Iraqi oil refinery shut down after gunmen attack


February 26th, 2011 - 9:41 pm ICT by BNO News
BAGHDAD (BNO NEWS) -- Iraq's biggest oil refinery, Beiji, was shut down on Saturday after gunmen killed two employees and set on fire three of its production units, Aswat al-Iraq news agency ... Read more...

Posted in World News |

Yemeni president appoints new trade minister


January 23rd, 2011 - 6:17 pm ICT by BNO News
SANAA (BNO NEWS) -- Yemeni President Ali Abdullah Saleh on Saturday assigned a new trade and industry minister amidst social turmoil, the state-run Saba news agency reported on Sunday.Hisham Sharaf, who was ... Read more...

Posted in World News |

India hopes to resolve oil payments issue with Iran soon (Roundup)


December 31st, 2010 - 9:55 pm ICT by IANS
Mumbai, Dec 31 (IANS) India's central bank Friday said it was in talks with Iran to resolve the row over oil payments, which accounts for 12 percent of its hydrocarbon imports, even ... Read more...

Posted in Business |

India interested in Exxon Mobil’s Angola block


November 1st, 2010 - 9:48 pm ICT by IANS
New Delhi, Nov 1 (IANS) Oil and Natural Gas Corporation (ONGC) is considering a proposal to buy the stake of Exxon Mobil in an Angolan oil block, a senior official said Monday."The ... Read more...

Posted in Business |

Ministers enjoy that freshness on canvas


October 29th, 2010 - 7:51 pm ICT by ANI
New Delhi, Oct. 29 (ANI/Times News Network): Environment Minister Jairam Ramesh found it "reflective" and "deeply inward looking", junior Oil minister Jitin Prasada was impressed by the "riot of colours" even though ... Read more...

Posted in National |

Murli Deora expects India and US collaborate in shale gas exploration


October 18th, 2010 - 10:36 pm ICT by ANI
Mumbai, Oct.18 (ANI): Union Minister of Petroleum and Natural Gas Murli Deora said here today that the country is planning to enter a Memorandum of Understanding (MoU) with the United States ... Read more...

Posted in National |

Cairn chief meets India’s oil minister after Vedanta deal


August 17th, 2010 - 8:10 pm ICT by IANS
New Delhi, Aug 17 (IANS) The top brass of Britain's Cairn Energy met Petroleum Minister Murli Deora here Tuesday, a day after agreeing to sell up to 60 percent stake in their ... Read more...

Posted in Business |

Smugglers in Iraq Blunt Sanctions Against Tehran


July 9th, 2010 - 5:04 pm ICT by ANI
Washington, July 9 (ANI): The smuggling of crude oil and refined products to Iran by Iraqi Kurds is not only undercutting recent American sanctions on Tehran, but also worsening tensions within Iraq ... Read more...

Posted in World |

India out of ‘peace pipeline’ as Iran-Pakistan seal gas deal (Lead)


June 14th, 2010 - 4:32 pm ICT by IANS
Tehran/New Delhi, June 14 (IANS) Iran has formally signed a $7.6-billion cross-border pipeline deal to supply 750 million cubic feet of natural gas daily to Pakistan from mid-2014, ignoring India that was ... Read more...

Posted in Business |

No fuel hike for now, says EGoM


June 7th, 2010 - 7:17 pm ICT by ANI
New Delhi, June 7 (ANI): The Empowered Group of Ministers (EGoM) on Monday decided to defer a decision on hiking fuel prices, saying that another meeting of the group was required ... Read more...

Posted in National |

Oil minister pushes for fuel price hike to curb subsidy (Lead)


June 7th, 2010 - 5:38 pm ICT by IANS
New Delhi, June 7 (IANS) Ahead of a high-power meeting here Monday evening, petroleum minister Murli Deora said fuel prices had to be hiked to offset the losses of state oil ... Read more...

Posted in Business |

Empowered Ministers’ Group to meet on fuel price


June 7th, 2010 - 12:47 pm ICT by ANI
New Delhi, June 7 (ANI): The Empowered Group of Ministers (EGoM), which is headed by Finance Minister Pranab Mukherjee, will meet today to consider the Kirit Parikh Committee report for freeing ... Read more...

Posted in National |

Global oil demand to increase by five million bpd: Kuwait


April 26th, 2010 - 6:58 pm ICT by IANS
Kuwait City, April 26 (IANS) Global oil demand will increase by five million barrels per day in the next five years, and China and India will lead the growth in emerging markets, ... Read more...

Posted in Business |

15th International oil, gas exhibition starts in Tehran


April 23rd, 2010 - 4:00 am ICT by IANS
Tehran, April 23 (IANS) The 15th International Oil, Gas, Refining and Petrochemical Exhibition opened here Thursday at the Tehran International Fair Grounds. The five-day exhibition coincided with the 101st anniversary of oil ... Read more...

Posted in Business |

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