petroleum ministry

Congress core group meets over fuel price hike


September 11th, 2012 - 10:58 pm ICT by IANS
New Delhi, Sep 11 (IANS) A day after Congress chief Sonia Gandhi returned from abroad following a medical check up, the party's core group met here Tuesday to discuss ... Read more...

Posted in Politics |

Declare jet fuel a notified product to bring down prices: Ajit Singh


September 10th, 2012 - 3:00 pm ICT by IANS
New Delhi, Sep 10 (IANS) Civil Aviation Minister Ajit Singh Monday said he has urged the petroleum ministry to put aviation turbine fuel (ATF) on the notified product list ... Read more...

Posted in Business |

Iran warns of oil price hike


September 3rd, 2012 - 5:56 pm ICT by IANS
Tehran, Sep 3 (IANS/RIA Novosti) The current embargo on Iranian oil and political pressure on the Islamic Republic will result in higher oil prices on international markets, Petroleum Minister Rostam ... Read more...

Posted in Business |

Toll in Kerala tanker explosion rises to 14


September 1st, 2012 - 12:49 pm ICT by IANS
Kannur (Kerala) Sep 1 (IANS) The toll in the Liquefied Petroleum Gas (LPG) tanker explosion here went up to 14 Saturday.Authorities estimate the losses at Rs.5 crore in the explosion ... Read more...

Posted in Uncategorized |

CAG critical of ONGC exploration performance


August 28th, 2012 - 6:05 pm ICT by IANS
New Delhi, Aug 28 (IANS) India's official auditor has hauled up public sector Oil and Natural Gas Corp. (ONGC) for inefficiency in its oil and gas exploration performance."ONGC did not place ... Read more...

Posted in Business |

Iran to ask India for spurring tri-nation pipeline


August 27th, 2012 - 8:39 pm ICT by IANS
New Delhi, Aug 27 (IANS) Don't write off the tri-nation Iran-Pakistan-India pipeline as yet. When Iranian President Mahmoud Ahmadinjead meets Prime Minister Manmohan Singh in Tehran Wednesday, he ... Read more...

Posted in Uncategorized |

Petroleum ministry official to face trial


August 16th, 2012 - 11:12 pm ICT by IANS
New Delhi, Aug 16 (IANS) A special court here Thursday paved the way for the trial of a suspended official of the petroleum and natural gas ministry and two ... Read more...

Posted in Uncategorized |

Committee invites stakeholders’ views on oil and gas output sharing contracts


July 3rd, 2012 - 5:34 pm ICT by IANS
New Delhi, July 3 (IANS) A panel headed by the Prime Minister's Economic Advisory Council chairman C. Rangarajan Tuesday invited stakeholders' views on formulating future production sharing contracts (PSCs) in ... Read more...

Posted in Business |

Pakistan PM moves to fix power crisis


June 24th, 2012 - 4:43 pm ICT by IANS
Islamabad, June 24 (IANS) Pakistani Prime Minister Raja Pervez Ashraf has moved to ensure adequate fuel supplies to power plants for uninterrupted production of electricity to overcome a crippling power ... Read more...

Posted in Uncategorized |

Ajit Singh to raise tax issue with petroleum, finance ministries


June 6th, 2012 - 9:09 pm ICT by IANS
New Delhi, June 6 (IANS) Civil Aviation Minister Ajit Singh Wednesday said he will raise the issues of rationalising state sales tax on jet fuel and service tax on tickets ... Read more...

Posted in Business |

Suggestions for fixing eligibility to operate LNG terminals


April 20th, 2012 - 8:17 pm ICT by IANS
New Delhi, April 20 (IANS) The petroleum ministry Friday invited suggestions from stakeholders by April 24 for finalising the eligibility criteria for setting up and operating liquefied natural gas (LNG) ... Read more...

Posted in Business |

Fuel prices hiked in Pakistan


April 1st, 2012 - 3:53 pm ICT by IANS
Islamabad, April 1 (IANS) The Pakistan government has announced a hike in fuel prices.The price of petrol was raised by Rs.8.02 to Rs.105.68 a litre while that of diesel by ... Read more...

Posted in South Asia |

No tanker shortage to ship Iranian crude: MRPL


March 21st, 2012 - 9:57 pm ICT by IANS
Bangalore, March 21 (IANS) State-run Mangalore Refinery Petroleum Ltd (MRPL) is not facing shortage of oil tankers to ship crude from Iran for refining at its facility in Mangalore, a ... Read more...

Posted in Business |

India asks Saudi Arabia to hike crude oil supply


February 23rd, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 23 (IANS) In a move seen to fill a possible cut in supplies from sanctions-hit Iran, India Thursday asked Saudi Arabia to raise supply of crude oil ... Read more...

Posted in World |

Pakistan to speed up gas import


February 3rd, 2012 - 12:47 pm ICT by IANS
Islamabad, Feb 3 (IANS) Prime Minister Yousuf Raza Gilani wants to expedite the import of liquefied natural gas (LNG) to overcome the energy crisis in Pakistan.Pakistan is facing a ... Read more...

Posted in South Asia |

Oil firms halt, resume fuel supplies to Air India


February 2nd, 2012 - 10:19 pm ICT by IANS
New Delhi, Feb 2 (IANS) Jet fuel supplies to cash-strapped Air India were halted for three hours by the three state-run oil marketing companies Thursday but resumed following government intervention.An ... Read more...

Posted in Business |

Petrol costlier in India than in neighbours, US


November 29th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 29 (IANS) Petrol costs more in India when compared to neighbouring countries like Pakistan, Bangladesh, Sri Lanka and is even dearer than what is charged in the ... Read more...

Posted in Business |

PM to meet airline chiefs Saturday (Lead)


November 25th, 2011 - 10:06 pm ICT by IANS
New Delhi, Nov 25 (IANS) Prime Minister Manmohan Singh will meet with the heads of all Indian airlines Saturday in an attempt to chart a way out for the ... Read more...

Posted in Business |

Public fumes, as petrol prices hiked again (Roundup)


September 15th, 2011 - 8:36 pm ICT by IANS
New Delhi, Sep 15 (IANS) Petrol prices were hiked for the 10th time since June 2010, by a little over Rs.3 a litre from Friday, as India's oil retailers ... Read more...

Posted in Business |

India’s interests growing in African oil, gas assets


September 4th, 2011 - 1:33 pm ICT by IANS
New Delhi, Sep 4 (IANS) Even though Sudan is the only African country where state-owned Indian companies have started extracting hydrocarbons, other countries in the continent are also showing promise, ... Read more...

Posted in Business |

Fuel prices to fall if global prices dip further (Lead)


August 9th, 2011 - 9:11 pm ICT by IANS
New Delhi, Aug 9 (IANS) The government Tuesday said that prices of petrol and other fuel could be lowered if global crude prices continue to slip further.A fall in ... Read more...

Posted in Business |

No self-sufficiency seen in oil needs: Minister


August 9th, 2011 - 7:52 pm ICT by IANS
New Delhi, Aug 9 (IANS) India's dependence on crude oil from abroad may have declined marginally from 76.6 percent to 75 percent over the past two years, but self-sufficiency remains ... Read more...

Posted in Business |

Petrol price to be cut if global crude prices slip further: Minister


August 9th, 2011 - 3:27 pm ICT by IANS
New Delhi, Aug 9 (IANS) Petroleum Minister S. Jaipal Reddy said Tuesday that if global crude oil prices continue to slip further, petrol price would be lowered. "If the prices ... Read more...

Posted in Uncategorized |

Accept responsibility, Karat tells PM (Lead)


August 7th, 2011 - 9:45 pm ICT by IANS
Kolkata, Aug 7 (IANS) CPI-M general secretary Prakash Karat Sunday said Prime Minister Manmohan Singh should own up responsibility for the various scams that have engulfed the central government.Accusing ... Read more...

Posted in Politics |

Pakistan working on new petroleum policy


July 10th, 2011 - 3:30 pm ICT by IANS
Islamabad, July 10 (IANS) Pakistan is working on a new policy for the petroleum sector after it failed to attract investments for the exploration of oil and gas.Petroleum Minister Asim ... Read more...

Posted in South Asia |

PM meets Sonia, cabinet reshuffle likely next week (Second Lead)


July 9th, 2011 - 10:55 pm ICT by IANS
New Delhi, July 9 (IANS) Prime Minister Manmohan Singh met Congress president Sonia Gandhi Saturday, their third meeting in as many weeks, triggering a speculation of an imminent cabinet ... Read more...

Posted in Uncategorized |

Manmohan Singh meets Sonia, cabinet reshuffle likely next week (Lead)


July 9th, 2011 - 9:03 pm ICT by IANS
New Delhi, July 9 (IANS) Triggering speculation of an imminent cabinet reshuffle, Prime Minister Manmohan Singh met Congress president Sonia Gandhi Saturday, party sources said. It was their third ... Read more...

Posted in Uncategorized |

Deora offers to resign as minister (Lead)


July 5th, 2011 - 3:09 pm ICT by IANS
New Delhi, July 5 (IANS) Corporate Affairs Minister Murli Deora said Tuesday that he had offered to resign "due to personal reasons" and devote his time to the Congress, ... Read more...

Posted in Politics |

Ahead of reshuffle, Deora offers to quit


July 5th, 2011 - 1:01 pm ICT by IANS
New Delhi, July 5 (IANS) Corporate Affairs Minister Murli Deora has submitted his resignation to Congress chief Sonia Gandhi and is lobbying for a ministerial berth for his son ... Read more...

Posted in Uncategorized |

Gas exploration irregularities: CBI case against eight (Lead)


July 1st, 2011 - 8:53 pm ICT by IANS
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) Friday registered a criminal case against eight people, including the former head of the Directorate General of Hydrocarbons (DGH) ... Read more...

Posted in Uncategorized |

CBI files case against eight in gas exploration irregularities (Second Lead)


July 1st, 2011 - 8:17 pm ICT by IANS
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) Friday registered a criminal case against eight people, including former director general of hydrocarbons (DGH) V.K. Sibal, for extending ... Read more...

Posted in Business |

CBI files case against former oil regulator (Lead)


July 1st, 2011 - 6:53 pm ICT by IANS
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) Friday said it has registered a criminal case against former director general of hydrocarbons V.K. Sibal and others for ... Read more...

Posted in Business |

CBI books former oil regulator


July 1st, 2011 - 3:59 pm ICT by IANS
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) has registered a criminal case against the former head of the Directorate General of Hydrocarbons (DGH), V.K. Sibal, for ... Read more...

Posted in Business |

Petrol pump dealers’ commission raised, prices go up


July 1st, 2011 - 12:37 am ICT by IANS
New Delhi, June 30 (IANS) Following the government's approval to increase the commission of petrol pump dealers, petrol and diesel prices will increase by 27 paise and 15 paise per ... Read more...

Posted in Business |

EGoM meeting on fuel price hike begins


June 24th, 2011 - 9:27 pm ICT by IANS
New Delhi, June 24 (IANS) The ministerial panel to consider a fuel price hike began its meeting here Friday evening.The empowered group of ministers (eGoM), headed by Finance Minister ... Read more...

Posted in Business |

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