PSUs invest Rs.1.11 lakh crore in Indian economy: PMO
Tweet New Delhi, May 13 (IANS) Major central public sector enterprises (CPSEs) invested Rs.1.11 lakh crore in the Indian economy last fiscal and a target of Rs.1.41 lakh crore has been set for the...
View ArticleDiesel price hiked by 90 paise
NEW DELHI: A day after the Congress was voted to power in Karnataka, the oil ministry under the...
View ArticleOil India Q4 net up 72% at Rs 764 cr on lesser subsidy outgo
Oil India Ltd reported 71.88 per cent increase in its net profit during January-March 2013. The higher net profit is because of lower subsidy outgo compared to the similar months last financial year,...
View ArticleNALCO's Sales Turnover at Rs.6809 crore (Ministry of Mines of the Republic...
(Source: Ministry of Mines of the Republic of India) The National Aluminium Company Limited (NALCO), Navratna PSU under Ministry of Mines, has declared its financial results for 2012-13 fiscal....
View ArticleFuel consumption set to beat estimate, again
Indonesia will consume more subsidized gasoline this year than the quota planned by the government, thanks to a price disparity between fuel products and strong car and motorcycle sales. Energy and...
View ArticleEssar Oilfields Services revenue up 44% to US$ 124.72 million (Rs. 678.35...
(Source: Essar Global Limited)...
View ArticleProduct/Study : The Supply and Disposition of Refined Petroleum Products in...
(Source: Statistics Canada) Product main page This publication contains data on the supply and demand of refined petroleum products in Canada including refinery inputs, production, imports and...
View ArticleMoily refutes charges of favouring RIL on gas price
Tweet New Delhi, May 24 (IANS) Petroleum Minister M. Veerappa Moily Friday refuted allegations of government favouring Reliance Industries (RIL) as "malicious" and said the proposed revision in...
View ArticleNew gas price will apply to all firms, says Moily
Refuting allegations that favour had been shown to the Mukesh Ambani–owned Reliance Industries Limited (RIL) in the pricing of domestically produced natural gas, Petroleum and Natural Gas Minister...
View ArticleIran offers sweeteners to push more oil
NEW DELHI: Iran on Monday offered oilfields on lucrative terms, expressed willingness to route a gas pipeline through sea to avoid Pakistan and insurance to refiners to prod India into buying more oil...
View ArticleFood security law will widen coverage: Minister
The proposed food security law and the direct transfer of cash subsidy to beneficiaries’ bank accounts will improve the working of public distribution system and widen coverage, according to Union...
View ArticleCongress rains goodies in Karnataka after Siddaramaiah sworn-in (Roundup)
Tweet Bangalore, May 13 (IANS) A victorious Congress Monday rained goodies in Karnataka within hours after its state's legislative party leader Siddaramaiah took oath as the 28th Chief Minister in...
View ArticleOil Ministry proposes gas price hike to $6.7
Oil Ministry has moved a Cabinet note to raise the price of natural gas produced by state-owned ONGC and OIL as well as private firms like Reliance Industries to USD 6.7, less than USD 8-8.5 hike...
View ArticleOil Ministry recommends hike in natural gas price
The Petroleum and Natural Gas Ministry has moved a Cabinet note recommending a $6.7 per million metric British thermal unit (mmBtu) price for domestically produced gas. The issue is likely to be taken...
View ArticleUnder-Recovery on Diesel effective 16.5.2013 declines marginally to Rs 3.73...
(Source: Ministry of Petroleum and Natural Gas of the Republic of India) The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas have reviewed international...
View ArticleCCEA to take up gas pricing issue
With the Cabinet Secretariat returning the proposal of the Petroleum Ministry for raising the domestic natural gas prices from the present $4.2 per million metric British thermal unit (mmBtu) to...
View ArticleGovernment set to launch DBT from June 1
The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for LPG consumers, putting cash directly into the account of beneficiaries, would be...
View ArticleDBT scheme to be launched in 20 districts next month
The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries,...
View ArticleHigh duties push up fuel retail prices
HCMC – The average price of finished fuel products imported by wholesalers is now much lower than this time last year, but fuel retail prices are more exorbitant because of high import tariffs. Over...
View ArticleBPCL is rolling up its sleeves to meet deregulated diesel market
India’s fuel retail landscape is poised to change in the next 12-18 months when diesel prices will no longer be subsidised. Petrol is already out of the ambit of controlled pricing and the bulk...
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