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
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
NEW DELHI: The Petroleum and Natural Gas Ministry will launch the
The government today asked the petroleum ministry to ensure that oil companies compulsorily sold petrol mixed with 5 per cent ethanol. The government had in November 2006 mandated that ethanol should be blended in a 5 per cent proportion with petrol to be sold throughout India, except in areas like North-Eastern states and Jammu and Kashmir.
Sujay Mehdudia NEW DELHI: The Union Cabinet has directed the Petroleum and Natural Gas Ministry to make it mandatory for all oil marketing companies to sell petrol mixed with 5 per cent of ethanol.
THE finance ministry is unwilling to pay the entire Rs 31,700 crore demanded as compensation by the petroleum ministry on behalf of the state-owned oil companies
State-run oil marketing companies (OMCs) will be able to taper their third quarter losses after the government has committed itself to a Rs 12,000-crore cash subsidy to compensate them for selling cooking fuels at government-regulated prices.
As Government mulls hiving off Oil and Natural Gas Corp
Petroleum Minister Murli Deora today said the government was trying its best not to increase the prices of petroleum products. Deora will meet Finance Minister Pranab Mukherjee tomorrow to seek higher subsidy for oil marketing companies (OMCs). He also said any decision on petroleum pricing would be taken up only after the Kirit Parikh committee submitted its report later this week.
A day after the Kirit Parikh committee recommended freeing of auto fuel prices and increase in kerosene and LPG prices, the Union petroleum ministry called a meeting of the public sector upstream and downstream oil companies to discuss the road ahead.
Reeling under the double whammy of high inflation and rising subsidy burden, the Centre may settle for a bare minimum hike in auto and cooking fuel prices AN INCREASE in the prices of petrol and diesel appears imminent as top Congress leaders prepare on Wednesday to ponder the Kirit Parikh panel report that has recommended radical overhaul of the fuel pricing system in the country.