Indian oil market outlook to 2030
The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these
The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these
Facing opposition from key allies in the United Progressive Alliance (UPA) government, Finance Minister Pranab Mukherjee and Petroleum Minister Murli Deora today discussed an
Kalpana Pathak / Mumbai March 9, 2010, 0:51 IST The increase in the Customs duty on crude oil in the Budget is likely to impact the realisations of domestic non-government refiners, Reliance Industries and Essar Oil.
Ajay Modi / New Delhi March 11, 2010, 0:21 IST Even before the start of the new financial year, the spectre of rising losses during 2010-11 has begun to haunt the three state-controlled oil marketing companies that account for over 90 per cent of the country
Bharat Jhunjhunwala
Ajay Modi & Jyoti Mukul / New Delhi March 20, 2010, 0:27 IST The government may link petrol and diesel prices to market prices in 2010-11 and introduce a graded system of subsidy-sharing, with the petroleum ministry taking the view that the Kirit Parikh committee report be made the basis for next year
The government is seriously considering de-regulation of auto-fuels, which will increase the prices of petrol by Rs 6 per litre and diesel by Rs 4.06 per litre.
The oil and gas sector in India is the largest in terms of sales turnover, touching the lives of all citizens, providing uninterrupted supplies of oil products to the remotest parts of the country. The oil sector is the largest contributor to State exchequer through taxes.
The three new oil refineries will create 30 million tonnes of fresh capacity in a mar- ket which already has a major surplus capacity. On Monday, three engineering firms announced new projects that they had bagged in the past few days. Nothing uncommon at this time of the year.
Cancun (Mexico): India and China will account for most of the growth in demand for oil this year, which is expected to rise by 900,000 barrels per day, even as oil exporters
Ajay Modi / New Delhi April 13, 2010, 0:42 IST The Petroleum and Natural Gas Regulatory Board (PNGRB) will resume hearing the case on petroleum product pricing between private oil companies and government oil marketing companies (OMCs).