Ministry Of Petroleum & Natural Gas

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

SC notice to oil ministry, IGL on PNGRB petition

Indu Bhan New Delhi: The Supreme Court on Tuesday sought reply from Indraprastha Gas Ltd, the petroleum ministry and others on a PNGRB plea seeking permission to issue licences for retailing CNG and piped gas in view of the government notifying regulations that give powers to it. PNGRB informed the …

NE Power Ministers seek gas price roll-back

 NEW DELHI, Aug 25 – The Power Ministers of the North Eastern States have called for roll back of the hike in prices of natural gas in the region to stabilise the pricing of the power. Faced with the prospect of witnessing all its gas power plants turning into economically …

Govt rejects panel's idea on oil subsidy sharing

Ajay Modi & Jyoti Mukul / New Delhi August 9, 2010, 0:40 ISTThe petroleum ministry has rejected the crude oil matrix-based subsidy-sharing formula for Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), as suggested by the expert committee headed by Kirit Parikh. The ministry, however, wants to …

Oil ministry wants govt to shoulder 66% of subsidy

Gireesh Chandra Prasad New Delhi: After deregulating petrol price, the government is now rejigging the formula for apportioning subsidy burden. As per a petroleum ministry proposal under North Block

Fuel price hike wont affect consumers: Deora

New Delhi: Ruling out any rollback in cooking gas and kerosene prices, petroleum minister Murli Deora on Tuesday said that the increase was

Delhi cuts VAT on diesel,more states to follow

THE Delhi government on Friday decided to roll back an increase in sales tax on diesel it had announced in the state budget, a move that could force other states to cut local levies on the auto fuel. Diesel in Delhi will be cheaper by Rs 2.70 a litre from …

Change unlikely in Rajasthan fuel tax structure

The Rajasthan Government is unlikely to act on the suggestion of Union Petroleum Minister Murli Deora on altering its sales tax structure on petrol and diesel to make them cheaper in the State. Instead, it would impress upon the Central Government the need to withdraw the 5 per cent excise …

Efforts to curb kerosene adulteration, diversion failed, says Murli Deora

Sanjay Jog / Mumbai June 29, 2010, 1:11 IST After the hike of Rs 3 per litre in kerosene against the rise of Rs 16-17 per litre recommended by the Kirit Parikh-led expert group, focus has now shifted to the large-scale adulteration and black-marketing of the fuel. Petroleum and Natural …

Murli Deora approves draw-of-lots proposal to select LPG distributors

Sandeep Joshi NEW DELHI: Minister of Petroleum & Natural Gas Murli Deora on Thursday approved a proposal to select distributors for LPG in the country through a draw of lots, making the entire process more transparent. The new pattern of selection was successfully introduced under Rajiv Gandhi Gramin LPG Vitrak …

Panel may consider raising petrol price by Rs 3, will check with allies on diesel

At its next meeting, the Empowered Group of Ministers plans to raise the price of petrol by Rs 3 a litre despite the position taken by UPA partners Trinamool Congress, DMK and NCP. But the panel will seek their consensus on raising the price of diesel by Re 1 a …

CM unhappy over ONGC failure

Chief Minister Tarun Gogoi expressed his dismay at the oil giant ONGC

Auto fuels may cost Rs 3 more

EGoM To Take Call On Monday PETROL and diesel prices could rise by up to Rs 3 a litre next week as per a key proposal favouring free auto-fuel rates that awaits the approval of a panel of ministers meeting on Monday. If the empowered group of ministers (EGoM) passes …

Support from ministers makes fuel hike imminent

Cooking gas may flare up by Rs 100/cylinder & kerosene Rs 6 Rajeev Jayaswal NEW DELHI AN increase in prices of auto and cooking fuel appears imminent next month as an official proposal that favours freeing retail prices of petrol and diesel and increase in prices of kerosene by Rs …

Cos liable for unlimited damage in case of spill in Indian waters: oil ministry

Gireesh Chandra Prasad New Delhi: The petroleum ministry has said that in case of an oil spill in Indian waters, exploration companies operating the off-shore field will be liable to pay unlimited damages to public and private compensation seekers. The production-sharing contract with the company, however, speaks only of restoration …

Gas price hiked; power, CNG prices to go up

Finance minister Pranab Mukherjee had his way on Wednesday with the Cabinet approving a bold move to align administered price of natural gas charged from power and fertiliser producers which was opposed by their ministries

Krishna visiting Kazakh to add energy to ties

Talks Between Two Sides To Focus On Oil And Civil Nuclear Cooperation EXTERNAL affairs minister S M Krishna is going on a three-day visit to oil-rich Kazakhstan on Tuesday. The two sides will hold discussions on finalising an agreement on the Satpayev oil block. Cooperation in the hydrocarbon sector and …

Cleaner fuel rollout may be put off

Oil Ministry Wants To Introduce BS III, But Transport Min Seeks More Time New Delhi: The Union Cabinet is likely to consider a proposal to defer the introduction of cleaner fuels for vehicles at its meeting on Thursday. Despite a roadmap laid down under the auto-fuel policy, the move to …

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