Pending issuance of the government oil bonds, the petroleum ministry has asked the finance ministry to allow deferment of excise…
The country?s largest private refiner, RIL, has made a conditional offer to the petroleum ministry to maintain current LPG supplies…
Refineries in the special economic zones and export-oriented units will soon be allowed to sell their petroleum products in the…
India?s three state-owned oil marketing companies?Indian Oil, Bharat Petroleum and Hindustan Petroleum?have asked the government for massive foreign exchange support…
The companies have failed to fulfil an eligibility criteria of minimum individual net worth, set by the coal ministry at…
With an eye on the general elections, the government after announcing a hefty increase of 50% in the wages of…
If the Planning Commission and the petroleum sector regulator have their way, the supply of subsidised LPG cylinders to the…
The recent pullout of the Tata group from Dhaka is bound to have serious ramifications for Bangladesh?s infrastructure sector and…
The high-level coordination committee on financial markets has decided that the RBI and the Sebi would now collect and analyse…
With the government lacking the will to take tough decisions for the country?s oil sector, reports by expert committees, like…
The high-powered committee on financial position of oil companies, constituted by the Prime Minister, has proposed an immediate hike in…
The financial burden on the three state-owned oil marketing firms on account of the recent unprecedented spurt in global crude…
Endorsing the stand taken by countries such as Britain, the government is not in favour of imposing a ?windfall tax?…
Power and fertliser companies purchasing re-gasified LNG from Petronet LNG Limited should gear up to pay $3-4 per million metric…
The ONGC has decided to go overseas for a uranium hunt. The international uranium exploration and mining projects will be…
After the failure of pipeline politics with Myanmar, New Delhi is once again attempting to woo Yangon, with plans to…
Tata Power Company and Indian Oil Corporation have decided to float a new company for jointly developing a 1,000 mw…
The UPA government’s focus is clearly to control inflation. The steel producers have been informally told to hold on to…
