Ministry Of-petroleum-and-natural-gas

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Ministry Of-petroleum-and-natural-gas - Total results - 27
Petroleum ministry tells ONGC to sell oilfields, hive off drilling and other services into separate firm
India

Petroleum ministry tells ONGC to sell oilfields, hive off drilling and other services into separate firm

This is the third attempt by the oil ministry to get ONGC to privatise its oil and gas fields under the government of Prime Minister Narendra Modi

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%
Business

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%

Reliance Industries Ltd has cut crude oil processing at its exports-only refinery at Jamnagar in Gujarat in March by close to one-fourth as it joins public sector oil firms in cutting run-rate to align production with a coronavirus-induced slump in fuel consumption

India becomes member of international collaboration on clean energy technology
science

India becomes member of international collaboration on clean energy technology

Among the benefits of being an AMFTCP member are shared costs & pooled technical resources.

EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality
Business

EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality

Engineers India Ltd (EIL) said its board of directors in a meeting on Thursday "considered the proposal for acquisition of 100 percent paid-up share capital of PDIL from President of India."

Oil India reacts cautiously as seismic survey hits roadblock in Manipur after rebel group abducts sub-contractors
India

Oil India reacts cautiously as seismic survey hits roadblock in Manipur after rebel group abducts sub-contractors

An official of the Manipur government claimed that efforts were on to break the deadlock for restarting the survey in Jiribam but did not specify any timeframe for the resumption of the operation.

Govt reduced energy subsidies by over Rs 82,000 cr in 3 years, but discoms remain largest beneficiaries
Business

Govt reduced energy subsidies by over Rs 82,000 cr in 3 years, but discoms remain largest beneficiaries

Energy subsidies reduced by over Rs 82,000 crore between 2013-14 and 2015-16, a drop of 38 percent, but subsidies given to electricity transmission and distribution companies rose by over 60 percent

Difficult to have BS-VI fuel compliant vehicles for Delhi by 2018, says auto industry
Business

Difficult to have BS-VI fuel compliant vehicles for Delhi by 2018, says auto industry

Industry players said there has to be a holistic approach to combat pollution in the national Capital and focus must also be on phasing out old vehicles

OPEC should go for 'responsible pricing', consider India as preferred sales destination, says Pradhan
Business

OPEC should go for 'responsible pricing', consider India as preferred sales destination, says Pradhan

India sources about 86 percent of crude oil, 75 percent of natural gas and 95 percent of LPG from OPEC member countries.

Govt stake in EIL down to 54.17%, corners Rs 659 cr buyback
Business

Govt stake in EIL down to 54.17%, corners Rs 659 cr buyback

Govt had 57.02 percent in EIL prior the launch of the Rs 658.80 crore share buyback on 25 July

Chittagong-Tripura pipeline to meet LPG needs in North East may become reality soon: Dharmendra Pradhan
India

Chittagong-Tripura pipeline to meet LPG needs in North East may become reality soon: Dharmendra Pradhan

The Ministry of Petroleum and Natural Gas has taken up with Bangladesh for laying a pipeline for carrying natural gas from Chittagong to Tripura to meet the crisis of cooking gas (LPG) in the north-eastern region

Aadhaar now a must for poor women to get free LPG connection
Business

Aadhaar now a must for poor women to get free LPG connection

The government had last year launched the Pradhan Mantri Ujjwala Yojana to provide 5 crore poor women with free LPG connections in three years with a view to providing clean cooking fuel.

Budget wishlist: Stable fiscal regime in oil & natural gas needed to attract investments
Business

Budget wishlist: Stable fiscal regime in oil & natural gas needed to attract investments

For India’s energy security, it is critical that we incentivise investment in the entire value chain of oil and gas sector including pipelines, CGD network and LNG.

Serious safety concerns raised over PM Modi's LPG scheme for poor households
India

Serious safety concerns raised over PM Modi's LPG scheme for poor households

According to the Federation of LPG Distributors of India, the ‘hastily’ implemented Pradhan Mantri Ujjwala Yojana ignored or did not address safety concerns

India's new motorcycle owners drive gasoline boom, number of registered vehicles double every 7 years
Business

India's new motorcycle owners drive gasoline boom, number of registered vehicles double every 7 years

Vehicle ownership rates in India remain far below the level in advanced economies as well as other middle-income developing countries, according to the Ministry of Road Transport and Highways.

Govt fixes maximum marketing margin for natural gas
Business

Govt fixes maximum marketing margin for natural gas

The new rate would be "fixed on non-discretionary basis," it said, adding the decision is likely to enhance transparency and provide an element of certainty for future investments in gas infrastructure sector.

Petroleum ministry in hunt for younger bureaucrat for DGH
Business

Petroleum ministry in hunt for younger bureaucrat for DGH

In June, Ajay Prakash Sawhney, additional secretary in Ministry of Petroleum and Natural Gas was given additional charge of DGH upon superannuation of Director General, BN Talukdar.

ONGC has no claims in KG gas row, says Reliance Industries
Business

ONGC has no claims in KG gas row, says Reliance Industries

RIL believes if all the expenses it had incurred in putting up infrastructure as well as royalties and profit petroleum paid to the government on the share of gas produced is accounted for, ONGC will get nothing.

Govt cuts gas price to $3.82, braces for revenue dent by Rs 800 cr
Business

Govt cuts gas price to $3.82, braces for revenue dent by Rs 800 cr

The price cut today is the second reduction in rates ever - the first being on 1 April.

 Govt denies extension to NTPC chairman, power secretary-led panel to search for new head
Business

Govt denies extension to NTPC chairman, power secretary-led panel to search for new head

It remains unclear who the ministry will give charge of NTPC head when Choudhury's term comes to an end on 31 August.

Documents leak case: Court grant bail to four accused on Rs 50,000 surety each
Corporate

Documents leak case: Court grant bail to four accused on Rs 50,000 surety each

Delhi Police had earlier told the court that offence committed in the case was covered under Official Secrets Act and an inquiry on this aspect was underway.