AP bags conservation award
The Petroleum Conservation Research Association under the Ministry of Petroleum and Natural Gas has selected Andhra Pradesh for the award of best performing State amongst the big states for the oil and
Ministry Of Petroleum & Natural Gas
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Brinda questions Deora on fuel price hike
Picking on an advertisement issued by the Petroleum Ministry to explain the recent fuel price hike, CPI(M) Politburo member and MP Brinda Karat wrote a letter to Petroleum Minister Murli Deora on Tuesday, questioning the Ministry's claim about the Government absorbing a financial burden of over Rs 71,000 crore during the current financial year. "I believe that the claim is not based on facts. In fact, the entire campaign launched by your ministry is misleading,' she said, seeking answers to a five-point questionnaire.
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Rationalise levies on petro products for long-term good
WE ALL know the critical role played by oil and gas in the economic development of a country. Fuels such as PDS kerosene and domestic LPG are essential commodities, next only to food, and impact the life of common man in a major way. Therefore, managing the supplies and prices of sensitive petroleum products is a key policy issue for the government.
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Gas Cracker Project on time: Centre
The Centre has denied that the Gas Cracker Project has suffered delays claiming that the Brahmaputra Cracker and Polymers Limited (BCPL) would start production according to schedule by 2012.
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Fuel price hike may be cushioned with duty cut
Govt Tries Balancing Act To Protect Consumers And Burdened Oil Companies Rajeev Jayaswal NEW DELHI THE government is working on a dual strategy of fuel price hikes coupled with duty cuts to shield consumers and cash-strapped oil companies.
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Rein in prices, step up output, India tells oil producers
Jeddah: Finance minister P Chidambaram on Sunday made a case for oil producing nations to step up output and regulate prices failing which developing nations stood to lose their hard-earned
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Regulation of natural gas in India
The Petroleum and Natural Gas Regulatory Board was established in 2007. But what is the policy of regulation in this sector? What are the entities involved? How do they function? How can they be efficiently regulated?
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Deora non-committal on fuel prices
Sujay Mehdudia NEW DELHI: Even as Petroleum and Natural Gas Minister Murli Deora on Thursday sought an increase in the quantum of oil bonds issued to oil marketing companies, the government seemed to be indecisive on re-visiting fuel prices despite the Indian basket averaging around $58.93 a barrel.
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India keen to import LNG
Sujay Mehdudia NEW DELHI: Petroleum and Natural Gas Minister Murli Deora on Friday said that he had sought big time participation of Indian companies in the Russian oil and gas fields, particularly in East Siberia, and had expressed interest in importing liquefied natural gas (LNG) from Moscow to meet its ever growing energy needs.
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5.8% energy growth to propel us into 9% orbit
13 Jan 2009, 0242 hrs IST, ET Bureau NEW DELHI: Petroleum Minister Murli Deora said on Monday there is a need to maintain a 5.8% annual growth rate of primary energy supply to sustain 9% economic growth for 25 years.
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City gas project moves up in govt priority list
To get priority over petrochemical and power projects in gas supply. The government has promoted the city gas distribution (CGD) project, for which the first round of authorisation is underway, to the second spot in its priority list for gas utlilisation. The first spot is held by the fertiliser sector.