Odisha governemnt responsible for Posco uncertainty: Pradhan

Last Updated: Tuesday, May 26, 2015, 18:11

The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.

57 cases of oil pilferage detected this fiscal: Govt

Last Updated: Monday, March 2, 2015, 14:05

As many as 57 cases of pilferage of crude oil during transportation have been reported so far this financial year, up from 47 cases in the previous year, government said today.

Oil firms will decide on price revision: Pradhan

Last Updated: Friday, January 16, 2015, 16:44

As per the practice of revising rates every fortnight, state fuel retailers were expected to announce a cut in petrol and diesel prices yesterday as global rates had fallen by about 4 percent. However, they skipped the revision.

RIL bank guarantee issue to be resolved in 15 days: Moily

Last Updated: Tuesday, November 26, 2013, 16:00

Petroleum Minister M Veerappa Moily on Tuesday said he is confident of resolving the issue of securing USD 135 million in bank guarantees from Reliance Industries within a fortnight to enable the company to charge higher gas price from April 1.

Moily takes metro on Bus Day, ministry staff save 600 litres fuel

Last Updated: Wednesday, October 9, 2013, 10:34

Petroleum Minister M Veerappa Moily took the metro to work as part of his ministry`s drive to promote fuel conservation and reduce India`s massive oil import bill.

Moily to travel by public transport every Wednesday

Last Updated: Friday, September 27, 2013, 13:43

Moily said he and all his ministry officials as well as those in PSUs under his ministry will travel by public transport every Wednesday.

Former Petroleum Minister Ram Naik not to contest LS elections

Last Updated: Wednesday, September 25, 2013, 19:51

Senior BJP leader and former Union Petroleum Minister Ram Naik said today he would not contest the Lok Sabha election and continue to work for his party.

CPI demands Moily`s resignation over gas price hike

Last Updated: Friday, June 21, 2013, 17:02

CPI sought resignation of Petroleum Minister Veerappa Moily and probe into ministry`s proposal to hike natural gas prices, alleging it would subvert national interests and favour big corporate house.

Road map soon to raise oil consumption to 6 barrels/day: Moily

Last Updated: Monday, October 29, 2012, 12:03

New Oil Minister M Veerappa Moily Monday promised expeditious decision making as he set a target for more than tripling of oil consumption in the country to boost economic growth.

India to continue Iran oil supplies: Reddy

Last Updated: Tuesday, March 13, 2012, 22:43

India will continue its oil supplies from Iran, petroleum minister S. Jaipal Reddy said on Tuesday.

India's oil refining capacity to rise to 238 mn tonnes by 2013

Last Updated: Monday, December 5, 2011, 18:54

India exported 50 million tons of refined petroleum products during 2010-11 valued at about $40 billion.

No immediate hike in fuel prices, indicates Reddy

Last Updated: Thursday, November 24, 2011, 14:34

Petroleum Minister S Jaipal Reddy Thursday hinted that the government will not rush into raising retail fuel prices just yet, even though a falling rupee has increased cost of oil imports.