Ethanol blending with petrol to double at 8% in 2018-19 sugar year: Oil minister Dharmendra Pradhan
• 6 years agoEthanol blending with petrol is likely to double to 8 percent in the current season as a better price is being offered by oil marketing companies, Petroleum Minister Dharmendra Pradhan said on Friday.
US sanctions against Iran: Govt says no issues with crude oil supplies, sentiment hurting price
• 6 years agoAhead of the US sanctions against Iran, India on Tuesday said availability of crude oil to replace lost volumes is not an issue but the "sentiment" around losing a big oil supplier is driving prices higher.
Petrol, diesel prices cut by Rs 2.50 per litre after Centre reduces excise duty; oil companies asked to absorb Re 1
• 6 years agoAnnouncing the decision on price cuts for petrol and diesel, Finance Minister Arun Jaitley asked the state governments to match the move with a similar reduction in sales tax or VAT.
Petrol, diesel prices cut updates: 10 states reduce fuel cost; Mamata says Centre not bothered about masses
Fp Staff • 6 years agoArun Jaitley press briefing LIVE updates: Finance Minister Arun Jaitley will hold a press briefing today where he is likely to address a number of issues including the rising fuel prices especially after a last-minute meeting with oil minister Dharmendra Pradhan last evening
Renegotiated Gazprom LNG deal to save India up to Rs 9,500 cr, says oil minister Dharmendra Pradhan
• 7 years agoGAIL renegotiated the terms of the 20-year deal to import 2.5 million tonnes a year of LNG, including price and volume ramp up
Govt repaid over Rs 2 lakh cr on account of oil bonds taken by previous Congress govt, says oil minister Dharmendra Pradhan
• 7 years agoThe NDA government repaid over Rs 2 lakh crore, including Rs 70,000 crore interest, which was taken as loan through oil bonds by the previous Congress government at the Centre, oil minister Dharmendra Pradhan said on Tuesday
Abu Dhabi oil giant signs pact to take stake in $44 bn Ratnagiri refinery project
• 7 years agoADNOC joins Saudi Aramco, the world's largest oil producer, in the project which is planned to come on stream by 2025
Oil minister Dharmendra Pradhan to press for 'responsible crude pricing' at upcoming OPEC meeting
• 7 years agoRetail prices of petrol and diesel are ruling at Rs 75 a litre and Rs 68 a litre amid the global surge in crude prices.
India discusses 'oil buyers club' with China; seeks US crude to counter OPEC
• 7 years agoWith oil producers' cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an 'oil buyers club' that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block
Oil minister Dharmendra Pradhan says petrol, diesel will not be allowed to go out of reach of common man
• 7 years agoBlaming geopolitics of oil, exchange rate fluctuations and local taxes for petrol and diesel prices touching a record high, oil minister Dharmendra Pradhan said the government is sensitive and will ensure that "poor, middle class are not pained."