 | FinMin expects decontrol of diesel, fertiliser prices by June |
New Delhi: A decision on deregulating fertiliser and diesel prices could be taken as early as the first quarter of 2012-13 with the finance minis... |
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| India offers to supply natural gas to Pakistan |
NEW DELHI: After fuel, India is offering to export natural gas to Pakistan to help the neighbouring country tide over its gas crisis. State-owned... |
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| Match Japan to avoid sanctions: America |
In its most direct message that India, along with other nations importing oil from Iran, could face sanctions by July if it did not "significantl... |
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| Shipowners decline to carry crude from Iran |
India is finding it difficult to charter ships to carry Iranian crude oil because of the US bid to bar any ship that has visited an Iranian port ... |
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| Regulate petrol prices again: OMCs |
New Delhi: India's oil marketing companies (OMCs), weighed down by losses because they can't sell petrol at market price despite the commodity be... |
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| Want OMCs to cut losses? Make blended petrol policy efficient |
Blended petrol was launched with much fanfare and expected to change the fuel dynamics of the country. But, to the contrary, the much hyped Ethan... |
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| No justification to hike RIL's KGD6 gas price: OilMin srcs |
There is no legal and financial justification to hike RIL 's KGD6 gas price, reports CNBC-TV18's Nayantara Rai quoting oil ministry sources. |
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| Raising KG-D6 gas price will increase subsidy burden' |
According to a CNBC-TV18 exclusive, the oil ministry has opposed an upward revision in gas prices at Reliance Industries KG-D6 basis ... |
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| New oil cess: ONGC, Cairn India upset with government |
Fearing a huge impact on revenues, India's leading oil producers - ONGC and Cairn India - are up in arms against the government's decision to inc... |
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| Cairn India approaches DGFT to export Rajasthan crude |
NEW DELHI: Cairn India has approached DGFT seeking permission to sell its Rajasthan crude oil to Reliance Industries' SEZ refinery at Jamnagar in... |
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| Informal curbs: India cutting Iran oil imports |
| In what is seen as a smart diplomatic move, New Delhi has publicly maintained a contrary stance on US sanctions on Iran while at the same time asking ... |
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| Essar Oil commissions two more units at Vadinar refinery |
AHMEDABAD, Racing to complete its Rs 8,300-crore ongoing expansion plan on schedule, Essar Oil Ltd (EOL) on Wednesday said it has commissioned tw... |
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| Japan FM urges China, India to cut Iran oil imports |
Japan on Wednesday said China and India should reverse course and cut their Iranian oil imports as part of international efforts to press Tehran ... |
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| Two power plants in AP critical due to gas shortage: GVK |
GVK's two gas-based power plants in Andhra Pradesh are reaching 'critical' stage in terms of Plant Load Factor (PLF) due of shortage of gas and t... |
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| CNG losing race to cheaper diesel cars |
NEW DELHI: The much-maligned diesel has a new moniker that is more impressive than its dirty fuel tag. In the Indian automobile market, diesel is... |
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| U.S. DOE Weekly Petroleum Status Report for March 16 |
Following is the text of the weekly Petroleum Status Report from the U.S. Department of Energy: U.S. crude oil refinery inputs averaged just unde... |
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| Murky data makes oil trading tricky |
LONDON: Oil markets are difficult to read at the best of times, but what if key data point in different directions and even the world's biggest p... |
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| Crude Oil Options Volatility Falls After Inventories Decline |
Crude oil options volatility fell as the underlying futures rose after the Energy Department reported that crude inventories declined for the fir... |
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| India-Pakistan Petroleum Secretaries to hold bilateral talks on March 23 |
Seeking to expand the area of cooperation and take the economic engagement to a new level, the Petroleum Secretaries of India and Pakistan are sc... |
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| Why ethanol is yet to blend with petrol |
NEW DELHI, Eleven years since the Government launched the ethanol-blended petrol (EBP) programme, pricing remains the biggest spoiler. The progra... |
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