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. …

OMCs may pare losses on govt's subsidy promise

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. The cash subsidy is a deviation from the earlier practice of issuing bonds for …

Finmin offers to pay 1/3rd of oilcos demand

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

Gas, coal sought to start power projects

With power crisis looming large, Assam Government has sought gas and coal linkages to kick start Chandrapur and Amguri power projects, adding 560 MW additional power. A delegation comprising State Industry and Power Minister Pradyut Bordoloi and senior Congress MP, Paban Singh Ghatowar, who is also the Chief Whip of …

Sale of petrol with 5% ethanol made mandatory

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. In November 2006, the Centre mandated that five per cent ethanol be blended in petrol to …

Oil min to ensure 5% ethanol blending by OMCs

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 …

Green fuel plea in high court

Environment activist Subhash Dutta moved the high court on Monday seeking the promotion of bio-diesel and withdrawal of a petroleum ministry circular barring the use of the fuel in vehicles. Bio-diesel is an eco-friendly fuel alternative for diesel engines. The petition stated that while the Centre had exempted bio-diesel from …

Rs 500cr goes up in flames

Human Negligence Caused Jaipur Inferno: Experts Jaipur: As Rs 500 crore worth of fuel burned through the second day of the Jaipur inferno, there were two questions no one had answered satisfactorily. How did it happen? And how many had died in the blaze that started with a blast on …

Villages giving land for oil & gas production to get royalty share

Amitav Ranjan The petroleum ministry plans to change the royalty sharing mechanism to include direct compensation for villages and individuals who forgo their land for oil and gas production. The oil and gas producer, instead of paying the full royalty on onshore producing fields to the states, would retain 5 …

Rural LPG scheme set for launch

NEW DELHI: The Petroleum and Natural Gas Ministry will launch the

Union Ministry launches rural LPG scheme

Sujay Mehdudia NEW DELHI: Seeking to expand the reach of Liquefied Petroleum Gas (LPG) to remote areas in the country, the Petroleum and Natural Gas Ministry has laid down a firm road map for the Oil Marketing Companies (OMCs) that would entail the release of 5.5 crore LPG connections by …

OilMin proposes 44% hike in natural gas prices

The Union petroleum ministry has proposed a 44 per cent increase in prices of natural gas sold under the administered price mechanism (APM) by state-owned Oil & Natural Gas Corporation (ONGC) and Oil India Ltd. This would take the price to $2.6 per million British thermal unit (mBtu). The ministry …

Ministry wants more Reliance gas for new projects

The government will now look at allocating more natural gas from Reliance Industries Ltd

KG gas won't be nationalised

The Centre on Thursday turned down the demand raised by MPs in Rajya Sabha that Mukesh Ambani-led RIL's gas fields be nationalised even as it assured members that it would do everything to protect the national interest. The "old days of nationalisation are gone," the petroleum minister, Mr Murli Deora …

No compromise on rights over national resources: Moily

Sujay Mehdudia NEW DELHI: The government is fully behind the Petroleum Ministry on the gas dispute issue before the Supreme Court and will not compromise its rights over national resources, Law Minister Veerappa Moily has said. After his meeting with Finance Minister Pranab Mukherjee and Petroleum Minister Murli Deora here …

Supply KG gas to NTPCs eastern plants

The power ministry has told the oil ministry that the quantity of gas earmarked for NTPC from Reliance Industries Ltd

Petrol up Rs 4, diesel Rs 2, hike lower than what Govt had wished

Although in favour of permitting partial deregulation of petrol and diesel pricing, Prime Minister Manmohan Singh today went with the Congress party decision to keep retail prices under check with the increase in petrol limited to Rs 4 per litre and diesel, Rs 2 per litre. One Petroleum Ministry proposal …

The great gas pipeline chase

The national gas grid is still a mirage and all the pipelines are making a beeline for Gujarat Latha Jishnu / New Delhi June 25, 2009, 0:50 IST The national gas grid is still a mirage and all the pipelines are making a beeline for Gujarat. If you consider the …

Deora sees role in KG row, calls meet

Fertiliser Secretary To Ensure Gas Policy Followed THE oil ministry is likely to assess next week the impact of the Bombay High Court

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