News for 'Ministry of Petroleum and Natural Gas'

Two pence for Cabinet notes but information worth a million

Two pence for Cabinet notes but information worth a million

Rediff.com23 Feb 2015

Companies use journalists as conduits.

CAG seeks pending information on KG-D6 block

CAG seeks pending information on KG-D6 block

Rediff.com22 Apr 2014

The list includes CAG's request dated July 2, 2012 for information on award of contract for laying of a 1,395-km pipeline by Mukesh Ambani-owned Reliance Gas Transportation Infrastructure Ltd for shipping KG-D6 gas from east coast to the west.

Oil subsidy expected to balloon

Oil subsidy expected to balloon

Rediff.com11 Jul 2013

For every rupee fall against the dollar, the under-recovery will increase by Rs 8,000 crore

How to get licence for selling petrol, diesel

How to get licence for selling petrol, diesel

Rediff.com4 Aug 2020

Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy.

OilMin to seek higher diesel price increase

OilMin to seek higher diesel price increase

Rediff.com26 Dec 2013

Ministry to propose a new subsidy mechanism to cap upstream firms' share.

India's auto revolution is driving global oil demand

India's auto revolution is driving global oil demand

Rediff.com16 May 2016

India is currently the world's fourth-largest oil consumer after the United States, China and Japan

Aadhaar mandatory for LPG subsidy

Aadhaar mandatory for LPG subsidy

Rediff.com16 May 2013

Government gives 3 months, starting June, for the 20 districts to be covered under its direct benefits transfer scheme.

Petrol, diesel prices may be hiked this week

Petrol, diesel prices may be hiked this week

Rediff.com7 Mar 2022

Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50 per barrel on Sunday evening, its highest since July 2008, before retreating. The international benchmark, Brent crude, hit a high of $139.13 at one point overnight, also its highest since July 2008.

The rush for less cash

The rush for less cash

Rediff.com13 Dec 2016

Initiatives to convince citizens to go cashless.

Jaipal Reddy: An articulate leader who never compromised on values

Jaipal Reddy: An articulate leader who never compromised on values

Rediff.com28 Jul 2019

He served as Union minister of information and broadcasting in the IK Gujral government and was allotted different portfolios in the Manmohan Singh government.

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

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.

Ujjwala beneficiaries have time till Sep to avail free LPG

Ujjwala beneficiaries have time till Sep to avail free LPG

Rediff.com8 Jul 2020

The relaxation would be available only to those beneficiaries who have been credited with the advance for buying the cylinder but have not been able to purchase the refill.

Trust deficit among oil companies costs India dear

Trust deficit among oil companies costs India dear

Rediff.com4 Dec 2015

Indian oil and gas exploration companies work in silos.

Why it's not going to be a smooth ride for private oil retailers

Why it's not going to be a smooth ride for private oil retailers

Rediff.com9 Nov 2018

As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.

New fuel-efficiency norms to be delayed

New fuel-efficiency norms to be delayed

Rediff.com10 Jan 2014

India is served by BS-IV fuel in cities such as Mumbai, Chennai, Delhi and BS-III fuel in the rest of the country.

Why stubble burning will continue to choke NCR

Why stubble burning will continue to choke NCR

Rediff.com13 Nov 2019

To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.

PM to keep tabs on infrastructure projects

PM to keep tabs on infrastructure projects

Rediff.com27 Jul 2014

PlanCom makes presentation with secretaries of key ministries in tow.

GDP is expected to pick up in Q3, says CEA Subramanian

GDP is expected to pick up in Q3, says CEA Subramanian

Rediff.com29 Nov 2019

Department of Economic Affairs secretary Atanu Chakraborty said that equity capital flows have been positive this year.

K-G Basin row has all the makings of a vodafone-like tussle

K-G Basin row has all the makings of a vodafone-like tussle

Rediff.com27 Jan 2017

RIL has denied knowingly producing any gas from the ONGC block

India's oil import bill likely to dip 35% in FY'16

India's oil import bill likely to dip 35% in FY'16

Rediff.com25 Nov 2015

An $1 per barrel change in crude price impacts the net import bill by Rs 3,513 crore.

Soon, cars to have fuel efficiency star rating!

Soon, cars to have fuel efficiency star rating!

Rediff.com2 Feb 2016

The International Centre for Automotive Technology at Haryana will authorise usage of labels for each vehicle model and its variant.

ONGC highest profit-making PSU, BSNL worst performer

ONGC highest profit-making PSU, BSNL worst performer

Rediff.com9 Jul 2014

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

ONGC asked to pay record Rs 13,796 cr subsidy for Q2

ONGC asked to pay record Rs 13,796 cr subsidy for Q2

Rediff.com1 Nov 2013

The Oil Ministry on October 31 issued orders asking upstream oil and gas producers like ONGC and Oil India Ltd to give Rs 16,729.74 crore (Rs 167.29 billion) to make up for 47 per cent of the Rs 35,328-crore (Rs 353.28 billion) revenue that retailers lost on selling diesel, domestic LPG and kerosene at government controlled rates in second quarter.

Indian crude oil at 4-month low to cut govt subsidy burden

Indian crude oil at 4-month low to cut govt subsidy burden

Rediff.com28 Jul 2015

The Indian basket represents the price of Oman and Dubai sour grade crude.

ONGC, Oil India to buy 10% stake in Indian Oil Corp

ONGC, Oil India to buy 10% stake in Indian Oil Corp

Rediff.com6 Mar 2014

State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion).

Own a car? No subsidised LPG for you

Own a car? No subsidised LPG for you

Rediff.com6 Dec 2017

The government had last year excluded those with an annual income of more than Rs 10 lakh from LPG subsidy

How Covid took devastating turn in 2021

How Covid took devastating turn in 2021

Rediff.com29 Dec 2021

A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

OMCs are bleeding now, tomorrow it may be our turn: ONGC chief

Rediff.com18 Jun 2013

ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.

How oil cos plan to cut adulteration and diversion of fuel

How oil cos plan to cut adulteration and diversion of fuel

Rediff.com22 Dec 2017

The tankers carrying fuel from terminals to dealer outlets would not just have global positioning system (GPS) tracking but also an electronic key (e-key).

Prez, Veep, PM, other leaders condole Vizag deaths

Prez, Veep, PM, other leaders condole Vizag deaths

Rediff.com7 May 2020

Prime Minister Narendra Modi took stock of the situation, and assured all possible assistance to Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy. The prime minister also chaired a meeting of the National Disaster Management Authority (NDMA) to assess the situation.

PowerMin puts media under lens; entry, meetings restricted

PowerMin puts media under lens; entry, meetings restricted

Rediff.com12 Sep 2014

On Monday, a journalist sat through a closed-door meeting between Goyal and state power ministers, in the guise of an event manager.

Dabhol-nama: Five things that made the plant unique

Dabhol-nama: Five things that made the plant unique

Rediff.com30 Oct 2015

Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.

RIL agrees for CAG audit on KG-D6

RIL agrees for CAG audit on KG-D6

Rediff.com20 Nov 2014

CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.

120 kmph winds, heavy rains: What Nisarga has in store

120 kmph winds, heavy rains: What Nisarga has in store

Rediff.com2 Jun 2020

The storm is likely to impact Mumbai, Thane and other coastal districts of Maharashtra like Raigad and Palghar along with Valsad, Navsari, Surat, Bhavnagar and Bharuch districts of Gujarat and Union Territory of Dadra and Nagar Haveli and Daman and Diu. Preparations for the impending cyclone were discussed at a meeting of the National Crisis Management Committee (NCMC), headed by Cabinet Secretary Rajiv Gauba, a home ministry statement said.

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.

Are we serious about curbing pollution? Bah!

Are we serious about curbing pollution? Bah!

Rediff.com31 Dec 2015

Govt may delay BS-V and -VI implementation by a year

ONGC and RIL's dream of making it big at KG basin has turned sour?

ONGC and RIL's dream of making it big at KG basin has turned sour?

Rediff.com15 Dec 2015

For India's upstream sector that has seen no new discovery coming into production.

Najeeb Jung: The man who may run Delhi

Najeeb Jung: The man who may run Delhi

Rediff.com13 Dec 2013

If an elected government had been sworn in, Jung's tenure and the government would have been more or less co-terminus and Jung would have been just the ceremonial head of Delhi. Now, he will run Delhi, pending another round of assembly elections, says Aditi Phadnis

Bureaucratic rejig at Centre: New secys appointed

Bureaucratic rejig at Centre: New secys appointed

Rediff.com13 Dec 2019

The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.