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Decision on diesel, LPG price hike in a few weeks oil secy

Sep 12, 2013

Decision on diesel, LPG price hike in a few weeks oil secy

India, the world's fourth-biggest oil consumer, is considering a Rs 3 to Rs. 5 hike in the price of diesel, which accounts for more than 40% of fuel use, government officials said last week, as the country looks to cut import costs by nearly $20 billion to trim a record current account deficit. #India #Petrol #TheySaidIt #LPG #Diesel #oil secretary
RIL denies inflating KG-D6 reserves, Oil Secy mum

Jun 28, 2012

RIL denies inflating KG-D6 reserves, Oil Secy mum

RIL dismissed allegations that it inflated KG-D6 gas reserves and said that they were certified by leading independent international certifiers. #oil #NewsTracker #Oil and Natural Gas Corporation #gas reserves #oil secretary
Oil ministry seeks $7.88 bn extra cash compensation

Mar 28, 2012

Oil ministry seeks $7.88 bn extra cash compensation

The oil ministry has sought an additional cash compensation of Rs 40,000 crore from the finance ministry to partially cover revenue losses of state-run companies. #Economy of India #finance ministry #New Delhi #NewsTracker #Oil Ministry #oil secretary