OVL in talks to acquire stake in 2 Siberian oilfields
While the Minister did not name the fields, sources said OVL was in talks for a stake in Vankor and Yurubcheno-Tokhomskoye fields.
Mar 11, 2015, 15:53 PM ISTOil regulator for lower marketing margin on gas: Pradhan
Oil regulator PNGRB has suggested a maximum marketing margin on natural gas sold to fertilizer and LPG plants of about 11.5 cents, less than what state-run GAIL and Reliance Industries currently charge from gas users.
Feb 25, 2015, 18:58 PM ISTATF costs less than petrol, diesel: Dharmendra Pradhan
While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre.
Feb 25, 2015, 17:51 PM ISTConsumers were benefitted first; petrol excise duty came later: OilMin
Under attack for hiking excise duty on petrol and diesel, government today said the step was taken to save money for developmental works after "substantial" benefits of reducing global crude prices were passed on to consumers by effecting price cuts.
Feb 25, 2015, 17:28 PM ISTTAPI pipeline: India asks Turkmenistan to ease rules
With construction of the USD 10 billion TAPI pipeline stuck for want of a credible operator, India today pressed Turkmenistan to relax its domestic law to help get an international firm for building the project.
Feb 11, 2015, 18:58 PM ISTPM Modi reviews progress of LPG subsidy transfer scheme
Prime Minister Narendra Modi on Saturday reviewed the progress of implementation of the scheme for paying subsidy on cooking gas (LPG) directly into bank accounts of consumers.
Jan 31, 2015, 19:47 PM ISTOver 9.35 crore consumers sign up for LPG cash-subsidy scheme
More than 64 percent of 15.3 crore LPG consumers in the country have joined the ambitious PAHAL scheme to receive cash subsidy in their bank accounts so they can buy the cooking gas at market price.
Jan 28, 2015, 22:41 PM ISTGovt to divest a stake in ONGC this fiscal: Minister
Government was to sell 5 percent of its stake in the country's biggest oil and gas producer ONGC to raise Rs 17,000-18,000 crore.
Jan 28, 2015, 12:45 PM ISTOil Min moots introduction of 'save fuel' lessons in textbooks
Oil Minister Dharmendra Pradhan has mooted the idea of introducing lessons in fuel conservation in textbooks on the lines of environment studies to instill the habit of saving the scarce resource.
Jan 19, 2015, 21:50 PM ISTBarauni refinery capacity to be raised to 9 MMTPA: Pradhan
The current capacity of the refinery is 6 Million Metric Tonnes Per Annum.
Jan 18, 2015, 18:14 PM ISTGovt identifying small oil fields for auction
The government is identifying the small and marginal oil and gas fields it plans to auction in coming months to boost domestic production, Oil Minister Dharmendra Pradhan said Friday.
Jan 16, 2015, 21:59 PM ISTOil firms will decide on price revision: Pradhan
As per the practice of revising rates every fortnight, state fuel retailers were expected to announce a cut in petrol and diesel prices yesterday as global rates had fallen by about 4 percent. However, they skipped the revision.
Jan 16, 2015, 16:44 PM ISTGovt clears 30 oil & gas discoveries for production: Pradhan
Ending months of logjam over discoveries mired in contractual disputes, the government has cleared 30 projects of firms like Cairn India and ONGC to help monetise about 2.6 trillion cubic feet of gas reserves.
Jan 12, 2015, 17:00 PM IST'Proposal to stop kerosene subsidy to households with power'
The government has received a proposal to keep households that are getting regular supply of electricity out of subsidised kerosene sales, Oil Minister Dharmendra Pradhan said Monday.
Jan 12, 2015, 16:07 PM ISTPradhan rings up VIPs with request to give up subsidised LPG
Keen to ensure that the subsidised fuel reaches only those needing it, Pradhan surrendered his subsidised LPG connection soon after becoming a minister and has since then been buying gas at market rate.
Jan 10, 2015, 18:47 PM ISTGovt launches sale of subsidised 5-kg LPG cylinders for BPL
Union Petroleum Minister Dharmendra Pradhan on Monday launched the sale of subsidised 5-kg LPG cylinders for BPL families and others.
Jan 05, 2015, 20:11 PM ISTBihar hails Centre's move on subsidised LPG connection for BPL
Bihar government on Wednesday hailed the Centre's decision to provide LPG connection to BPL families at subsidised rate of Rs 800, even as it demanded to increase the number of cooking gas outlets in the state.
Dec 31, 2014, 19:52 PM ISTDBT for LPG world's largest direct benefit transfer scheme
The ambitious scheme of giving cash subsidy on cooking gas directly to consumers has become the world's largest direct benefit transfer with 2.5 crore households getting about Rs 550 crore since November 15.
Dec 25, 2014, 19:49 PM ISTNo plan to stop subsidised LPG to rich: Govt
The government is not considering any proposal to stop supply of subsidised cooking gas (LPG) to the rich, Oil Minister Dharmendra Pradhan said Wednesday.
Dec 17, 2014, 16:25 PM ISTDirect LPG subsidy transfer to users across nation from Jan
Beginning new year, LPG consumers across the country will start getting cash subsidy so that they can buy the cooking fuel at market price.
Dec 15, 2014, 21:39 PM IST