PNGRB extends bidding to issue licenses for CNG retailing

Last Updated: Monday, May 25, 2015, 13:22

Of the 20 cities for which Petroleum and Natural Gas Regulatory Board (PNGRB) wanted to issue city gas distribution licenses, 8 did not get any bid while 4 others got single bids at the close of tender on Friday.

Global crude oil price of Indian basket falls to $47.36/barrel

Last Updated: Monday, January 12, 2015, 16:21

The international crude oil price of the Indian basket, computed by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to USD 47.36 per barrel on Friday, compared to USD 47.95 per barrel on the previous publishing day.

Third phase of MHSRD scheme under 'pre-tendering' stage: Govt

Last Updated: Monday, December 22, 2014, 15:23

It is part of plans to redevelop the Mumbai High South oil and gas fields, Petroleum and Natural Gas Minister Dharmendra Pradhan said during Question Hour.

Global crude oil price of Indian basket falls to $72.51/barrel

Last Updated: Saturday, November 29, 2014, 08:23

The international crude oil price of the Indian basket, computed by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to USD 72.51 per barrel on Thursday, compared to USD 76 per barrel on the previous publishing day.

Tax holiday, royalty exemption proposed for oil block auction

Last Updated: Tuesday, January 14, 2014, 14:11

In a bid to attract more global oil majors, the Ministry of Petroleum and Natural Gas has proposed exemption from royalty payment and an income-tax holiday of up to 10 years for the next round of auction of oil and gas exploration blocks.

Sexual harassment allegation against ex-SC judge serious: Moily

Last Updated: Saturday, January 11, 2014, 17:51

Allegation against former Supreme Court judge, who is currently heading a tribunal, was on Saturday described as "serious" by a senior Union Minister.

Delhi HC stays CCI proceedings against IOCL, HPCL& BPCL

Last Updated: Friday, November 22, 2013, 20:08

The PSUs in their plea have challenged the October 21, 2013 order of the CCI by which it had held that it had the jurisdiction to look into petrol pricing of the oil companies.

Give states half of gas produced there: Par Panel

Last Updated: Sunday, November 10, 2013, 15:33

The Parliamentary Standing Committee on Petroleum and Natural Gas has said the states where gas production is taking place should be given at least 50 percent of the total quantity produced besides the royalty on natural gas produced from offshore fields.

LPG price may go up by Rs 3.50 per cylinder

Last Updated: Tuesday, October 8, 2013, 18:24

Domestic cooking gas (LPG) rates may soon go up by almost Rs 3.50 per cylinder in case the government accepts a recommendation for increasing the commission paid to dealers by over 9 percent.

India should become energy independent by 2030: Moily

Last Updated: Saturday, October 5, 2013, 21:47

Stressing the need to step up production of fuel in the country, Petroleum and Natural Gas Minister Veerappa Moily today said India should become energy independent by 2030.

Madras HC pulls up lawyer for foul language against PM, minister

Last Updated: Tuesday, August 13, 2013, 16:17

The Madras High Court pulled up a city-based advocate for using unparliamentary words in his petition against the Prime Minister.

Moily asks oil sector companies to support sportspersons

Last Updated: Tuesday, July 2, 2013, 20:06

Union Petroleum and Natural Gas Minister M. Veerappa Moily has asked the oil sector companies to support sportspersons and play a larger role in creating infrastructure.