News for 'Ministry of Energy and Petroleum'

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Rediff.com18 May 2016

Area residents and environmental groups have resisted the coal power plant ever since it was originally proposed in 2006 due to worries about land clearance and pollution

Post poll, India faces fuel price hike

Post poll, India faces fuel price hike

Rediff.com14 May 2019

The Saudi and Iraq offer to replace Iranian crude supplies comes with a catch: Higher prices for the same quality of crude. The new government will face a tough decision over fuel price hike, says Aveek Sen.

D K Sarraf new ONGC chief, Moily proposal for Vasudeva cast aside

D K Sarraf new ONGC chief, Moily proposal for Vasudeva cast aside

Rediff.com26 Feb 2014

The Appointments Committee of the Cabinet approved appointment of Sarraf, who at present is Managing Director of ONGC's overseas arm, ONGC Videsh Ltd.

Budget 2020: Will ATF, natural gas come under GST?

Budget 2020: Will ATF, natural gas come under GST?

Rediff.com5 Dec 2019

5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors.

Can India evade US's Iran oil sanctions?

Can India evade US's Iran oil sanctions?

Rediff.com24 Apr 2019

Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.

RIL, ONGC, BP, Cairn demand immediate hike in natural gas price

RIL, ONGC, BP, Cairn demand immediate hike in natural gas price

Rediff.com25 Aug 2014

As the government began consultations with stakeholders on raising gas prices, gas producers and consumers met a committee of secretaries separately with their pleas on the issue.

Doc leak case: Fresh arrest, accused makes allegation on cops

Doc leak case: Fresh arrest, accused makes allegation on cops

Rediff.com23 Feb 2015

The crackdown in the corporate espionage case led to the arrest of another person on Monday.

BHP Billiton may not review India exit plan

BHP Billiton may not review India exit plan

Rediff.com5 Dec 2013

For simplification and a sharper strategic focus, BHP Billiton has been reassessing its global assets portfolio.

Why Jaitley made no mention of oil in Budget? The papers were stolen!

Why Jaitley made no mention of oil in Budget? The papers were stolen!

Rediff.com1 Mar 2015

Inputs by the Petroleum Ministry were found among stolen documents.

Star ratings for cars put on the back burner

Star ratings for cars put on the back burner

Rediff.com13 Dec 2013

The move to implement a proposal of star ratings on passenger vehicles, similar to those seen on electrical appliances, is likely to be delayed by several months. Stakeholders from the automobile sector and the government are divided over key facets.

Russia eyes gas pipeline deal with India

Russia eyes gas pipeline deal with India

Rediff.com18 Jun 2014

The country may propose pipeline via China when Putin visits this year.

Moily faces China's Lopez diplomacy in Turkmenistan gas quest

Moily faces China's Lopez diplomacy in Turkmenistan gas quest

Rediff.com14 Jul 2013

The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.

Corporate espionage: Police keen to unearth deep-rooted nexus

Corporate espionage: Police keen to unearth deep-rooted nexus

Rediff.com11 Mar 2015

The Delhi Police on February 20 arrested five corporate executives.

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

Will the tumultuous events in Saudi affect Indian oil?

Will the tumultuous events in Saudi affect Indian oil?

Rediff.com21 Nov 2017

India expects to remain unscathed this time, mainly because it is in a sweet spot as the world's third largest oil consumer, after the US and China, says Subhomoy Bhattacharjee.

What GST Council will likely discuss in its June meet

What GST Council will likely discuss in its June meet

Rediff.com27 May 2019

The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.

Moily effect: Coal India poised for a bright future

Moily effect: Coal India poised for a bright future

Rediff.com23 Jan 2014

M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.

Project launched in one village, another fumes

Project launched in one village, another fumes

Rediff.com23 Sep 2013

On Sunday, angry villagers of Leelala laid their own foundation stone - which had 'aam aadmi' inscribed as the name of the chief guest - still claiming the project was to come up in their village.

Abundant supply keeps oil prices low

Abundant supply keeps oil prices low

Rediff.com26 Aug 2014

India is the world's fourth-largest importer of natural gas, accounting for six per cent of the global market.

Govt goes all out to woo investors

Govt goes all out to woo investors

Rediff.com28 May 2014

On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.

Govt may split GAIL, hive off pipeline business

Govt may split GAIL, hive off pipeline business

Rediff.com15 Jul 2019

While previously selling of the marketing business, possibly to another state-owned firm, was being considered, the government is now mulling on hiving off the pipelines into a separate entity and selling off a majority stake in it.

Moily hints of relief to RIL on KG-D6 relinquishment issue

Moily hints of relief to RIL on KG-D6 relinquishment issue

Rediff.com16 Jun 2013

The Directorate General of Hydrocarbons (DGH) had recommended to the ministry that RIL be asked to give up 86% of its KG-D6 gas block area

India scrambles to reduce oil bill inflated by sinking rupee

India scrambles to reduce oil bill inflated by sinking rupee

Rediff.com5 Sep 2013

Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.

At G20 meet, PM will sell India as a hot investment destination

At G20 meet, PM will sell India as a hot investment destination

Rediff.com29 Nov 2018

The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.

Cairn India may get only 5 years more in Rajasthan block

Cairn India may get only 5 years more in Rajasthan block

Rediff.com21 May 2014

The company is looking to invest more than $3 bn over the next three years.

India asks refiners to buy dollars, euros to settle Iran oil dues

India asks refiners to buy dollars, euros to settle Iran oil dues

Rediff.com30 Jun 2015

India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.

Sushma Swaraj in Iran with an aim to boost ties

Sushma Swaraj in Iran with an aim to boost ties

Rediff.com16 Apr 2016

India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.

PM Modi meets Nepal PM Oli, discusses India-Nepal ties

PM Modi meets Nepal PM Oli, discusses India-Nepal ties

Rediff.com20 Feb 2016

PM Modi held comprehensive talks with his Nepalese counterpart K P Oli, who is on a six-day visit in New Delhi.

The big hits and misses from Modi's cabinet

The big hits and misses from Modi's cabinet

Rediff.com5 Dec 2015

A brief report card on Modi's ministers.

Power projects worth Rs 36,000 cr stranded on coal shortages

Power projects worth Rs 36,000 cr stranded on coal shortages

Rediff.com24 Jul 2014

To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.

Government of the people or for Reliance?

Government of the people or for Reliance?

Rediff.com24 Feb 2014

'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.

4 things that could change India in 2016

4 things that could change India in 2016

Rediff.com8 Jan 2016

More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com10 May 2018

India is the second largest buyer of Iranian crude, after China.

Gas price hike will benefit govt: Moily

Gas price hike will benefit govt: Moily

Rediff.com6 Jul 2013

Stoutly defending the hike in gas prices, Oil Minister M Veerappa Moily said the move would benefit the government in terms of revenue as many gas discoveries have been made by public sector companies rather than private sector.

Meet the new faces in team Modi 2.0

Meet the new faces in team Modi 2.0

Rediff.com6 Jul 2016

Full list of the rejigged Union Council of Ministers

Davos: PM to meet 100 CEOs; FM to skip WEF

Davos: PM to meet 100 CEOs; FM to skip WEF

Rediff.com21 Jan 2018

Budget forces last minute change in finance minister's plans.

RIL-BP to invest $8-10 billion to produce more gas

RIL-BP to invest $8-10 billion to produce more gas

Rediff.com18 Oct 2013

They also voiced concerns over a double penalty being sought to be imposed on them for KG-D6 fields output not matching targets.

Panel identifies 9 sectors for mandatory Indian control

Panel identifies 9 sectors for mandatory Indian control

Rediff.com24 Jun 2013

These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.

'Strict decisions have to be made for the good of the poor'

'Strict decisions have to be made for the good of the poor'

Rediff.com25 Jun 2014

'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'

India in driver's seat as fuel demand roars at fastest rate ever

India in driver's seat as fuel demand roars at fastest rate ever

Rediff.com18 Mar 2016

India has already pipped Japan as the world's third-largest oil consumer.