New Delhi, June 24
Decision despite success of Alwar pilot project in checking illegal diversion »
Chennai, April 9
Tamil Nadu Chief Minister J. Jayalalithaa, in a letter to the Prime Minister Manmohan Singh, expressed concern over the drastic cut in kerosene allocation to the State.
The Ministry of Pe...
New Delhi, Jan 25
India has cut its forecast for fuel consumption by about 1 per cent to 155.63 million tonnes in the current fiscal, mirroring slowdown in the economy.Oil Ministry’s Petroleum Planning &...
New Delhi, Jan 16
The government is “seriously” considering revising rates of auto and cooking fuels but no decision has been taken as yet, Oil Minister M Veerappa Moily said today.“All price hike or price r...
Mumbai, Dec. 28
HPCL gains the most; IOC up 3 per cent
New Delhi, Dec 28
Auto industry body SIAM on Friday welcomed Kelkar panel’s recommendations to the Oil Ministry for hiking diesel prices, saying it will help the sector and economy in the long run.“Though th...
Bangalore, July 5
In an effort to make the state capital Bangalore a “kerosene-free” city, the Karnataka government has sent a proposal to the Centre, seeking to give LPG connection to all cardholders who currently...
Chandigarh, May 27
The government has issued a notification banning supply of kerosene under public distribution system (PDS) for any purpose other than cooking and illumination.According to a notification is...
New Delhi, Feb. 26
The Railway Minister has also increased the ferrying charges for diesel and kerosene by 5.79 per cent. More than 30 per cent of petroleum products are transported through the Railways. This would...
Mumbai, Jan 17
The oil and gas industry awaits strong subsidy reduction measures amidst indications that the Government is seriously considering various options in this regard.
Abhinav Goel, senior dire...
New Delhi, Jan 9
Pressure is mounting on the Government to raise the retail price of subsidised domestic LPG, diesel and kerosene. There is a strong buzz in the Petroleum and Natural Gas Ministry that if...
Mumbai, Dec 28
Oil stocks on Friday rose by as much as 4.2 per cent on hopes of a gradual hike in fuel prices, pushing the benchmark Sensex 121 points higher.Shares of HPCL soared 4.23 per cent to Rs 292....
New Delhi, Dec 9
Consumption of diesel in Delhi has surged by 15 per cent while that of petrol went down by nearly 1.5 per cent in 2011-12 compared to the year before, reflecting a growing preference for diesel ca...