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. …

RIL asked to sell gas to Essar, Ispat

NEW DELHI: The Petroleum and Natural Gas Ministry has asked Reliance Industries Ltd. (RIL) to sell natural gas from its eastern offshore KG-D6 fields to steel firms like Essar and Ispat. The order directing RIL to sell 3.75 million standard cubic metres of gas a day (mscmd) to Essar Steel, …

Speed up CNG services: Minister

New Delhi: Oil minister Murli Deora on Wednesday urged the oilmarketing regulator to facilitate CNG service to people in more cities as more gas becomes available. At a meeting with members of the Petroleum and Natural Gas Regulatory Board, he sought a firm roadmap for rollout of city gas projects …

Markets to decide oil prices?

Govt Decision On Deregulation Proposal In 6-8 Weeks, Says Deora New Delhi: In six to eight weeks, petrol could be dearer by Rs 2 a litre but diesel cheaper by 30 paise at current levels of crude price if the government decides to unshackle motor fuel pricing. In case the …

Govt plans duty cut to boost Ethanol blending

Ajay Modi / New Delhi May 24, 2009, 0:22 IST The petroleum ministry has proposed a reduction in the Customs duty on denatured alcohol and molasses to stabilise the 5 per cent ethanol-blending programme in petrol. The programme has been hit due to a dip in the sugarcane output in …

Petrol price may go up by Rs 2, diesel 30 paise

Petrol prices may be raised by about Rs 2 per litre and diesel rates cut by Rs 0.30 a litre if a proposal to free auto fuel prices from state control is approved by the incoming Cabinet. The petroleum ministry has prepared a draft Cabinet note on freeing petrol and …

Fuel price decontrol coming

Amitav Ranjan New Delhi: Even before the new government takes shape, the petroleum ministry is ready with a proposal to decontrol pricing of petrol, diesel, kerosene and LPG. The

Cess on natural gas suggested

Sujay Mehdudia NEW DELHI: Union Petroleum Secretary R. S. Pandey on Wednesday announced that the Government was planning to levy a cess on natural gas to generate funds to put in place necessary infrastructure for building a national gas highway network across the country. Addressing the India Energy Forum here, …

City gas project moves up in govt priority list

To get priority over petrochemical and power projects in gas supply. The government has promoted the city gas distribution (CGD) project, for which the first round of authorisation is underway, to the second spot in its priority list for gas utlilisation. The first spot is held by the fertiliser sector. …

Ethanol blending runs on empty as supplies dry up

A shortfall in production has thrown out of gear the government

5.8% energy growth to propel us into 9% orbit

13 Jan 2009, 0242 hrs IST, ET Bureau NEW DELHI: Petroleum Minister Murli Deora said on Monday there is a need to maintain a 5.8% annual growth rate of primary energy supply to sustain 9% economic growth for 25 years. "The country needs to sustain economic growth of at least …

Murli Deora in London for oil price summit

Dec. 19: Indian petroleum minister Murli Deora is attending an international oil summit in London at which British Prime Minister Gordon brown warned that volatility in oil prices could cost the global economy, which is already reeling under a devastating credit crunch, trillions of dollars. The conference, chaired by UK

India keen to import LNG

Sujay Mehdudia NEW DELHI: Petroleum and Natural Gas Minister Murli Deora on Friday said that he had sought big time participation of Indian companies in the Russian oil and gas fields, particularly in East Siberia, and had expressed interest in importing liquefied natural gas (LNG) from Moscow to meet its …

Deora non-committal on fuel prices

Sujay Mehdudia NEW DELHI: Even as Petroleum and Natural Gas Minister Murli Deora on Thursday sought an increase in the quantum of oil bonds issued to oil marketing companies, the government seemed to be indecisive on re-visiting fuel prices despite the Indian basket averaging around $58.93 a barrel. Mr. Deora …

sold on diesel future fuel?

The government subsidises diesel to appease electorate, but there is also a brighter side of this appeasement policy. Diesel is stated to be an efficient fuel, finds Sushmi Dey. THE interim report of the review committee on auto fuel policy, submitted to the petroleum secretary R S Pandey recently, interestingly, …

Proposed auto fuel policys focus on diesel irks OMCs

THE proposed changes in auto fuel policy, which promotes diesel technology, may come as a rude shock to public sector oil marketing companies, who are still coping with the unusual surge in the consumption of subsidised diesel. The proposed policy encourages diesel engine technology on the ground that it is …

Dual pricing policy for diesel under study: Deora

Manas Dasgupta He was speaking at a function to celebrate the golden jubilee of the first oil find in India CAMBAY (GUJARAT): The Centre is considering a proposal to introduce dual pricing policy for diesel, Petroleum and Natural Gas Minister Murli Deora has said. Speaking at a function to celebrate …

RIL-RNRL case: Power Ministry to back NTPC

NEW DELHI: The ongoing litigation between Reliance Industries Ltd. (RIL) and Reliance Natural Resources Ltd. (RNRL) on sale of gas from the KG basin D6 block took an interesting turn with the Power Ministry having decided to file an affidavit in the Bombay High Court opposing the plea of the …

Regulation of natural gas in India

The Petroleum and Natural Gas Regulatory Board was established in 2007. But what is the policy of regulation in this sector? What are the entities involved? How do they function? How can they be efficiently regulated?

NELP-VII: 45 blocks to be awarded

NEW DELHI: The Union Petroleum and Natural Gas Ministry is likely to award 45 blocks for exploration of oil and gas in the next few days after a Committee of Secretaries finalised its report and sent the recommendations for approval to the Union Cabinet. Petroleum Secretary R. S. Pandey said …

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