Petrol gets cheaper: Know the latest price list city wise
Petrol gets cheaper: Know the latest price list city wise
Apr 15, 2016, 19:24 PM IST
India's fuel demand rose 16.4% in March
India`s fuel demand rose 16.4 percent in March compared with the same month last year.
Apr 12, 2016, 20:32 PM IST
Govt to cut natural gas prices by 17% to $3.15 per mmBtu
As per the new gas pricing formula approved by the NDA-government in October 2014, gas prices are to be revised every six months and the next change is due on April 1.
Mar 30, 2016, 19:42 PM IST
Indian oil imports to drop 10% over next six years: Pradhan
India will cut oil imports by 10 percent in next six years by raising domestic output, conserving fuel and shifting to alternate sources like natural gas, Oil Minister Dharmendra Pradhan said Tuesday.
Mar 22, 2016, 21:24 PM IST
Start-up funding being explored for oil, gas sector: Pradhan
State-run oil and gas companies are planning to create a venture capital fund to encourage start-ups to develop new business models and infuse innovation into India`s hydrocarbons sector, Petroleum Minister Dharmendra Pradhan said on Tuesday.
Mar 22, 2016, 17:10 PM IST
Oil Minister Dharmendra Pradhan to visit Iran on April 6-7
Accompanied by ONGC Videsh Ltd Managing Director Narendra K Verma and Indian Oil Corp (IOC) Chairman B Ashok, Pradhan's visit is aimed at engaging with leadership of the oil and gas rich nation that has just come out of international sanctions.
Mar 21, 2016, 17:49 PM IST
BP signals willingness to take back arbitration
After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.
Mar 13, 2016, 11:22 AM IST
New crude import policy for spot buys soon: Dharmendra Pradhan
Oil Ministry will soon come up with a Cabinet note on new crude import policy for spot crude purchases by state-owned refiners, doing away with the long-followed tendering process, Minister Dharmendra Pradhan said Monday.
Feb 15, 2016, 20:48 PM IST
Oil ministry mulling new LPG connections on EMIs: Dharmendra Pradhan
Targeting to add 10 crore new LPG connections in next three years, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan Sunday said oil marketing companies are mulling to sell new cooking gas on an EMI basis, just like for other consumer durables.
Jan 24, 2016, 20:12 PM IST
OilMin launches e-initiative to improve LPG customer service
The Ministry of Petroleum and Natural Gas has launched an online initiative to seek suggestions from LPG consumers across the country
Jan 09, 2016, 15:50 PM IST
Oil Ministry pitches for ad-valorem levy of oil cess
The Petroleum Ministry wants the Finance Ministry to cut cess on crude oil and make it ad valorem in view of the slump in global oil rates, Oil Minister Dharmendra Pradhan said Tuesday.
Dec 15, 2015, 23:04 PM IST
Free gas pricing policy won't help 15-17 Tcf gas discoveries
Government move to free natural gas pricing will not resolve the issue of economically developing already discovered 15-17 trillion cubic feet of gas reserves as the policy will only apply to future finds.
Nov 25, 2015, 15:54 PM IST
Make excise rates on LPG uniform: Oil Min to FinMin
LPG or domestic cooking gas, is sold in different pack sizes - 5 kg, 14.2 kg and 19 kg. A household customer is allowed 12 cylinders of 14.2-kg each or 34 cylinders of 5 kg each during a year at subsidised rates. Any requirement beyond this has to be bought at market rate.
Oct 29, 2015, 18:10 PM IST
RIL arbitration case: Will follow court order, says Oil Ministry
Days after the Supreme Court dismissed its plea seeking removal of a foreign arbitrator appointed by Reliance Industries, the Petroleum Ministry Thursday said it will follow the court order in the dispute over Panna-Mukta and Tapti oil and gas fields.
Sep 24, 2015, 17:04 PM IST
Bids for 69 marginal oil and gas fields to begin by Dec: Pradhan
Petroleum and Natural Gas Minister Dharmendra Pradhan Monday said the government will open the bids for 69 marginal oil and gas fields from late November or early December and expressed confidence of getting good response from across the globe.
Sep 21, 2015, 21:43 PM IST
Govt to fix formula for premium on gas pricing soon: Pradhan
Petroleum Minister Dharmendra Pradhan on Friday said the government would soon finalise a formula to calculate premium on gas pricing for difficult blocks.
Aug 28, 2015, 19:26 PM IST
India signs pact to lay oil pipeline to Nepal
India Monday signed an agreement to lay an oil pipeline from Raxaul in Bihar to Amlekhgunj in Nepal to supply petrol, diesel and ATF to the land-locked Himalayan Kingdom.
Aug 24, 2015, 18:54 PM IST
Pradhan to sign MoU for oil pipeline with Nepal
Oil Minister Dharmendra Pradhan is visiting Kathmandu this week for signing of an agreement to lay an oil pipeline from Raxaul in Bihar to Amlekhgunj in Nepal to supply petrol, diesel and ATF to the land-locked Himalayan Kingdom.
Aug 23, 2015, 18:07 PM IST
Govt to announce new gas price formula for 'difficult fields'
Government will "any day" announce a decision to allow market price for part of gas discoveries made in future from difficult fields, Oil Minister Dharmendra Pradhan said Monday.
Aug 10, 2015, 17:55 PM IST
Govt moots single entity for oil sector safety, installations
With four agencies under different ministries being responsible for safety of oil installations, Petroleum Minister Dharmendra Pradhan Tuesday mooted bringing them under one umbrella organisation by enacting a new law.
Aug 04, 2015, 20:14 PM IST
