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Petrol price to be cut by Rs 1.89-2.38/litre from 15 August

Aug 13, 2014

Petrol price to be cut by Rs 1.89-2.38/litre from 15 August

Petrol price will be cut by Rs 1.89-2.38 per litre from 15 August, Oil Minister Dharmendra Pradhan announced on Wednesday. #India #NewsTracker #Petrol #Indian Oil Corporation #Dharmendra Pradhan #B Ashok
India to build pipeline from Bihar's Motihari to Nepal to supply petrol, diesel

Aug 04, 2014

India to build pipeline from Bihar's Motihari to Nepal to supply petrol, diesel

In a move to deepen economic ties with Nepal, India will build a 81-km pipeline from Motihari in Bihar to the Himalayan nation to supply petrol, diesel and ATF. #NewsTracker #Petrol #Nepal #bIhar #Diesel #Motihari #oil pipeline #Pipeline
Natwar Singh's 'pique and antagonism' on display due to food-for-oil scam Cong

Aug 01, 2014

Natwar Singh's 'pique and antagonism' on display due to food-for-oil scam Cong

Congress said Natwar Singh's "pique and antagonism" against the Gandhi family were on display because of being forced to resign after the food-for-oil scam. #Politics #Congress #TheySaidIt #Abhishek Singhvi #Book #AICC #Natwar Singh #Gandhi family #Volcker report #food-for-oil scam
Pradhan defends oil PSUs after CAG rap

Jul 31, 2014

Pradhan defends oil PSUs after CAG rap

The Comptroller and Auditor General of India in its latest report stated that Indian Oil Corp., Hindustan Petroleum Corp. and Bharat Petroleum Corp. overcharged customers by Rs 26,626 crore from 2007-08 to 2011-12 by charging notional levies like customs duty on fuel they sold. #CAG #NewsTracker #Indian Oil #Hindustan Petroleum #Oil marketing companies #Bharat Petroleum #Dharmendra Pradhan #Wharfage charge
10 things you need to know about K Natwar Singh

Jul 31, 2014

10 things you need to know about K Natwar Singh

The Paul Volcker committee gave a damning report on 27 October 2005 that the minister and his son Jagat Singh were part of the UN Iraqi oil-for-food scandal. #Politics #Sonia Gandhi #Manmohan Singh #Congress #didyouknow #Rajiv Gandhi #Paul Volcker #K. Natwar Singh #Jagat Singh #Oil-for-food scam

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Six months of diesel price reforms and result is zero

Jul 23, 2013

Six months of diesel price reforms and result is zero

Thanks to super-slow reforms on energy pricing, India's CAD woes and the rupee will be under continuous pressure till the government opts for big bang change #P. Chidambaram #oil pricing #diesel prices #energy reforms #V Moily
Budget 2012 primer: What does govt spend money on?

Mar 06, 2012

Budget 2012 primer: What does govt spend money on?

Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure. #oil prices #Gross Domestic Product #Union budget of India #Deficit #Government debt #Budget 2012 #BudgetAnalysis

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Budget 2012 primer: What does govt spend money on?

Aug 20, 2014

Here Comes Cheaper Oil: Why Prices Are Set to Fall

Oil prices may have begun a multiyear retrenchment as the U.S. starts to liberalize its energy policy. Though it's already begun, it will be expedited by a Republican takeover of the Senate in November. Mexico is moving rapidly to let private compani...
Budget 2012 primer: What does govt spend money on?

Aug 19, 2014

Canadian Transportation Safety Board Publishes Its Report On The Lac-Mégantic Rail Disaster

A little over a year ago, a unit train carrying 7.7 million liters of shale oil in 72 Class 111 tank cars from the Bakken fields of North Dakota derailed in Lac-Mégantic Quebec.  “Almost all of the derailed tank cars were damaged, and many had large ... #North Dakota #Quebec
Budget 2012 primer: What does govt spend money on?

Aug 20, 2014

Top Buys by Directors: Deming's $1.2M Bet on MUR

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and u... #NYSE #Murphy Oil