India should buy overseas assets aggressively: Pradhan

Last Updated: Wednesday, September 9, 2015, 12:43

Opportunities emerging from low oil prices were discussed at a meeting called by Prime Minister Narendra Modi with business leaders, bankers and bureaucrats yesterday against the backdrop of global economic turmoil, he said.

10-time jump in FDI in petroleum and gas sector

Last Updated: Monday, August 3, 2015, 15:21

Union Minister Dharmendra Pradhan, while replying to questions, said the government is encouraging foreign investment to supplement domestic investment and technological capabilities.

Oil Minister to lead delegation on energy dialogue with Canada

Last Updated: Friday, July 3, 2015, 20:54

The three-day bilateral energy dialogue, which beganon Friday, covers areas like hydrocarbon, thermal energy and renewable energy, an official statement said here.

Only 0.35% domestic LPG users gave up subsidy

Last Updated: Sunday, June 21, 2015, 11:51

Three months after Prime Minister Narendra Modi launched the 'Give It Up' campaign, only 0.35 per cent of the domestic LPG consumers have so far given up using subsidised cooking gas.

Cairn India, Vedanta boards to meet on Sunday amid merger speculation

Last Updated: Saturday, June 13, 2015, 16:22

On Friday, India`s oil minister, Dharmendra Pradhan, told Reuters he had met Cairn executives this week to discuss the potential merger and a source familiar with the matter had said the deal could be announced as early as Sunday.

Dharmendra Pradhan presses Qatar for LNG price cut

Last Updated: Sunday, June 7, 2015, 10:43

He made the plea when he called on Qatar's Energy Minister Mohammed Saleh Abdullah Al Sada on the sidelines of the 6th OPEC International Summit in Vienna on June 4, official sources said.

Oil prices rise after OPEC keeps low output target

Last Updated: Friday, June 5, 2015, 18:00

Oil prices rose on Friday, breaking a two-day losing streak, after OPEC ministers maintained their existing oil production target for another six months at a level below current output.

Pradhan to lead industry delegation to Mexico, Colombia

Last Updated: Saturday, May 16, 2015, 20:34

To bolster energy ties with Americas, Oil Minister Dharmendra Pradhan is leading a high level delegation of industry CEOs to Mexico and Colombia from May 18 to 22.

'India looking to acquire oil assets abroad'

Last Updated: Friday, May 15, 2015, 15:35

India is looking to buy oil assets abroad, the country`s oil minister said on Friday, adding he was seeing increased engagement in the Latin American region.

Petrol price in India more than Pakistan: Oil Minister Pradhan

Last Updated: Wednesday, May 13, 2015, 17:10

Diesel at Rs 49.57 per litre in Delhi is however cheaper than all neighbouring nations except Sri Lanka, where it costs Rs 44.29 for a litre, he said in a written reply to a question in Rajya Sabha.

Govt rejects BP's application for selling ATF

Last Updated: Monday, April 20, 2015, 15:30

BP Exploration (Alpha) Ltd, a wholly owned subsidiary of BP plc, had on June 11, 2014 submitted an application for authorisation to market aviation turbine fuel (ATF) claiming to have invested USD 477 million in the country.

IEA keen to make India its full-time member

Last Updated: Monday, April 13, 2015, 14:24

The International Energy Agency (IEA) is keen that India becomes a full-time member of the Paris-based agency that advises governments of 29 developed nations.