Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …
The Petroleum Ministry has sought cash subsidy of Rs.49,872 crore from the Finance Ministry to compensate state-owned oil companies for selling fuel at government-controlled rates in the January-March quarter. Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation together lost Rs.1.48 lakh crore on selling diesel, domestic LPG and …
If you have multiple liquefied natural gas (LPG) connections or one along with a piped natural gas (PNG) connection, be ready to have your cylinder blocked if you do not surrender it. The three government oil marketers blocked as many as 3.8 million LPG connections by March 2012. Oil marketing …
BPCL, HPCL and Indane furnished a list of consumers with more than one cylinders If you are one of those LPG customers, ‘enjoying’ the facility of more than one gas connection, here is some serious trouble coming your way. The oil marketing companies (OMCs) - Hindustan Petroleum Corporation Limited (HPCL), …
Plan to revise prices every fortnight to recover . 5k cr of revenue losses. State oil firms plan to raise petrol prices after the end of the budget session of Parliament this month and revise them every fortnight to recover . 5,000 crore past revenue losses as they haven’t increased …
The Oil Ministry has refused permission to public sector oil companies for acquiring Asian Development Bank's stake in Petronet LNG Ltd (PLL) so as to keep the nation's largest liquefied natural gas importer a private company. The ADB on August 23 last year offered to sell its 5.2 per cent …
June may turn out to be the luckiest month for government oil marketing companies for the third year in a row. Like the last two years, this June is also expected to see a round of price hikes in controlled fuel products. Price hikes of controlled petroleum products such as …
Gujarat State Petronet Ltd (GSPL) and three public sector oil companies — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — have entered into joint venture agreements for setting up three cross-country natural gas transmission pipelines. According to a statement filed with …
In order to keep the nation's largest liquefied natural gas importer a private firm. The Oil Ministry has rejected public sector oil companies' plan to acquire Asian Development Bank's stake in Petronet LNG so as to keep the nation's largest liquefied natural gas (LNG) importer a private firm. The ADB …
Finance ministry not inclined to forego more revenue. The oil ministry has asked for a tax cut of . 6 per litre on petrol to help avoid a sharp rise in retail price of the fuel, but the finance ministry, which has already surrendered . 49,000 crore by reducing various …
New Delhi Consumers could prepare for shortages in auto and cooking fuel supplies. Oil retailers IOC, HPCL and BPCL have informed the government that if their losses from selling fuel below cost are not adequately compensated, “it may adversely impact the supply-demand balance of petroleum products,” Minister of state for …
In what belies the popular notion of a depressed investment environment in the country, the government’s spending on central sector projects commissioned in the first half of the previous financial year had risen exponentially, according to data obtained from the Ministry of Statistics and Programme Implementation (MoSPI). In the central …
‘Or cut excise duty and compensate our loss' Fed up with the Centre's “indecision” on allowing an increase in fuel prices in the face of rising international crude prices, the oil marketing companies (OMCs) on Tuesday virtually threatened to increase petrol prices by Rs. 8.04 a litre. They said the …
India has offered Qatar stake in some of the major petro projects, including the petrochemicals complex at Dahej in Gujarat, Indian Oil Corporation's (IOC's) LNG project in Ennore, Tamil Nadu, BPCL's petrochemical project in Kochi, petrochemical project in Mangalore and investment opportunity in the Paradip refinery and petrochemical project to …
India will raise retail prices of subsidised fuels, including diesel, once parliament approves the finance bill for the current fiscal year early next month, a senior government source with knowledge of the matter said on Thursday. Parliament is expected to consider the finance bill on May 7 and approve it …
Estimates point to 4-year-high of 4.9% rise in petroleum product sale trend likely to continue, says PPAC The country’s diesel consumption rose a massive 11.9 per cent in 2011-12, leading to an expected 4.9 per cent growth in the sale of petroleum products in the just-ended financial year. That will …
Power cut-induced surge in demand during the second half of 2011-12 in both retail and bulk consumer segments pushed up diesel sales in the country by eight per cent over the previous fiscal. For the state-owned oil marketing companies, however, there was little to cheer as the growth only added …
In talks with Shell, Petronet LNG to book capacity Faced with a shortfall in gas production from its KG-D6 field, Reliance Industries Ltd (RIL) is set to make its debut in the marketing of imported natural gas. India Gas Solutions, the equal joint venture between RIL and British Petroleum (BP) …
New Delhi In what could give a reprieve to consumers who have been fearing another hike in petrol price, the government has decided to put the proposal in abeyance. According to official sources, oil marketing companies (OMCs) that have pitched for a petrol price hike will have to wait until …
State-owned oil firms are pushing for at least Rs. 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material. "We are losing Rs. 6.43 per litre on petrol and after adding 20 per cent sales tax, the desired increase …
New Delhi The Petroleum ministry has sought an additional R40,000 crore in cash subsidies for the current fiscal to compensate fuel retailers for losses incurred on diesel and cooking fuels, even as oil minister S Jaipal Reddy gave no indication of a fuel price revision soon. Oil secretary GC Chaturvedi …
