Consumers of petrol and diesel need not panic. The government has decided to settle on a marginal hike in fuel…
Banks can now increase lending to public sector oil firms up to 25% of the bank?s investment limits. The Reserve…
A decision to hike the consumer prices of petrol and diesel along with other measures to cap the losses of…
The government has decided to give fertiliser sector top priority in allocation of natural gas to be produced from the…
Despite days of deliberations, the government has failed to arrive at a consensus on the proposal to hike fuel prices,…
Baulking at the prospect of higher petrol and diesel prices? Be prepared for long queues at petrol pumps. Indian Oil…
The government is contemplating the levy of a 3-5% cess to finance some of the oil subsidy bill, which is…
A hike of Rs 2 a litre each on petrol and diesel at the pumps appears imminent. Petroleum minister Murli…
The finance ministry will issue around Rs 35,000 crore worth of oil bonds to partially cover the total under-recoveries of…
In what is becoming a drama of sorts, the petroleum ministry has once again decided to postpone the last date…
The minister of state for power Jairam Ramesh admitted on Thursday that contrary to earlier expectation, the target of addition…
A mid-term duty correction seems inevitable in the petroleum sector and the finance ministry is under tremendous pressure from the…
State-owned exploration & production major ONGC has said it felt ?humiliated and harassed? by the record Rs 1,768.49 crore tax…
Finance Minister P Chidambaram has given his assurance over restoring of the seven-year tax holiday for oil and gas E&P.
The CERC has ordered UPPCL to clear the outstanding dues in six installments of Rs 128 crore per month starting…
RIL is in talks with several oil and gas majors, including Chevron International and ExxonMobil, to offload a stake in…
The power ministry said the pre-condition set by Sebi on appointment of adequate independent directors on the board of NHPC…
India called for a regional gas alliance among the Asian countries for greater cross-border trade in the environmental-friendly fuel.
