Oil Ministry

  • EC asks Oil Ministry to defer doubling of gas price 24-03-2014 11:17 PM

    New Delhi: The Election Commission on Monday asked the government to defer till elections the controversial doubling of natural gas prices for companies like RIL from next month, a move that may torpedo the entire decision for at least a few months. "...after taking into account all relevant facts, including...
  • Kejriwal takes credit for 20 per cent cut in Delhi CNG prices 03-02-2014 01:43 PM

    New Delhi: Soon after the Oil Ministry slashed CNG prices in Delhi by 20 per cent, Chief Minister Arvind Kejriwal took credit for the Central government's move. Kejriwal congratulated Delhiites on Twitter over the reduction in CNG price in the national capital. "Congrats delhiites. Just a day before i took...
  • CNG price may rise by steep Rs 8 per kg from April 13-01-2014 04:54 PM

    Close on the heels of the biggest-ever increase of Rs 4.50 per kg, the cost of CNG may go up by a steep Rs 8 per kg from April 1 when natural gas prices will almost double. The government on Friday notified the pricing of all domestically produced natural gas...
  • Petrol price hiked by 41 paise, diesel by 10 paise 20-12-2013 09:36 PM

    New Delhi: Petrol price was on Friday hiked by 41 paise a litre following the government decision to raise commission paid to petrol pump dealers and firming global oil rates. Simultaneously, diesel rates were increased by 10 paise per litre due to a hike in dealers commission. The two increases,...
  • Diesel price raised by 10 paise a litre on hike in commission 20-12-2013 07:41 PM

    New Delhi: Diesel prices were increased by a little less than 10 paise a litre on Friday after the government raised the commission paid to dealers selling the fuel. The government has "decided to revise the dealer's commission on diesel from Rs 1,089 per kilolitre (or 1.089 per litre) to...
  • Diesel price hiked by 50 paise per litre from Saturday midnight 30-11-2013 06:15 PM

    New Delhi: Diesel prices have been hiked by 50 paisa per litre, excluding VAT, with effect from Saturday midnight. The prices of petrol, however, remains unchanged. The price increase, the 11th since January, excludes local sales tax or VAT, oil companies announced. The price of diesel in Delhi will be...
  • FTP: Oil minister Moily travels by metro: Should more VIPs use public transport? 09-10-2013 11:30 PM

    Delhi Metro has a VIP commuter now as Petroleum Minister Veerappa Moily has started his drive to save fuel by commuting through metro to work. Petroleum Minister Veerappa Moily took the metro to the ministry on Wednesday. He plans to do so every Wednesday and he has also adviced his...
  • Aadhaar not mandatory for LPG subsidy: Veerappa Moily 09-10-2013 07:48 PM

    New Delhi: Having made Aadhaar mandatory for receiving subsidised cooking gas (LPG) in 19 districts, Oil Minister M Veerappa Moily on Tuesday said the unique identification card will no longer be a must for giving subsidises unless cleared by the Supreme Court. The Oil Ministry is implementing the scheme for...
  • Oil Minister Veerappa Moily travels to work in metro to save fuel 09-10-2013 10:31 AM

    New Delhi: Petroleum Minister Veerappa Moily took the metro to the ministry on Wednesday. The minister took the Metro from a station near his residence and travelled to the Central Secretariat station, which is near Shastri Bhawan. The Petroleum Minister latest action is said to be part of a fuel...
  • Petrol price cut by Rs 3.05 per litre, diesel hiked by 50 paise 30-09-2013 07:37 PM

    New Delhi: In a good news for the people, petrol price has been cut by Rs 3.05 per litre, the first reduction in rates in over five months and the steepest in over five years. However, diesel price has been hiked by 50 paise per litre. The price changes announced...
  • Petrol price may come down by up to Rs 1.50/litre 12-09-2013 03:55 PM

    New Delhi: Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel and possibly LPG rates is still on the cards. Oil Secretary Vivek Rae said the issue of a one-time...
  • Moily takes a U-turn on petrol pump timings proposal amidst criticism 02-09-2013 10:00 PM

    New Delhi: A day after the oil ministry proposal's to restrict petrol pumps timings generated huge criticism from Opposition and public, Oil Minister Veerappa Moily had taken a U-turn within the 24 hours. The government is in panic mode to cut costs amidst mounting oil imports bills and complaints of...
  • CPI criticises Oil Ministry proposal to restrict petrol pump timings, says govt clueless 02-09-2013 07:05 PM

    CPI leader D Raja has criticised Oil Ministry proposal to restrict petrol pump timings. He said that the government is clueless and confused. ...
  • Restriction on fuel pumps will lead to adulteration, says petrol sector analyst 02-09-2013 05:38 PM

    Petrol sector analyst Narendra Taneja has said that restriction on fuel pumps will lead to adulteration. He said, "There will be chaos in the society, you are creating panic in the market and you'll generate a black market overnight that will lead to adulteration. I don't think it'll be able...
  • Petrol prices may be hiked this week 30-05-2013 10:12 PM

    New Delhi: Petrol prices may be hiked by up to Re 1 a litre this week as the rupee hit a 10-month low making oil imports costlier. As per the practice of revising rates every fortnight, petrol price revision is due on Friday and if Oil Ministry approves the increased...
  • Oil Ministry proposal on gas prices rejected 15-05-2013 04:18 PM

    New Delhi: Oil Ministry's proposal for an across-the-board near doubling of natural gas prices has been rejected by the Cabinet Secretariat saying a ministerial panel headed by Defence Minister AK Antony did not have powers to do so. The Ministry had sent a draft proposal for the consideration of the...
  • SC dismisses plea challenging Vedanta-Cairn deal 09-05-2013 11:59 AM

    New Delhi: The Supreme Court on Thursday dismissed a plea which had challenged the validity of the Cairn-Vedanta deal and said there was nothing malafide in the transaction. The court was hearing a petition challenging the validity of the $8.5 billion Cairn-Vedanta deal and had sought a CBI probe into...
  • RIL issues statement, says it's not against CAG audit 03-11-2012 09:15 PM

    New Delhi: A day after CNN-IBN reported that the Comptroller and Auditor General (CAG) pulled up the Oil Ministry for agreeing to the conditions of Reliance Industries Limited (RIL) for the audit of KG-D6 Basin, the company on Saturday issued a statement denying it was opposed to an audit by...
  • Control your leaky office before sermonising, Digvijaya tells CAG 03-11-2012 09:54 AM

    New Delhi: Hours after it was reported that the Comptroller and Auditor General of India (CAG) pulled up the Oil Ministry over Reliance KG-D6 audit report, Congress General Secretary Digvijaya Singh hit out at CAG Vinod Rai, asking him to first control his own office. The senior Congress leader tweeted...
  • India @ 9 with Bhupendra Chaubey 02-11-2012 11:57 PM

    The Comptroller and Auditor General (CAG) has pulled up the Union Oil Ministry for agreeing to the conditions of Reliance Industries Limited (RIL) for the audit of KG-D6 basin. Congress dares Swamy to move court, says no fraud committed by Sonia and Rahul. ...
  • Was the Oil Ministry arm-twisted by RIL? 02-11-2012 11:55 PM

    Oil Minister M Veerappa Moily has said that it's a matter between the Ministry and RIL, and law would take its course. ...
  • News 360: CAG pulls up Oil Ministry over RIL's conditions 02-11-2012 09:45 PM

    The CAG pulled up the Oil Ministry for agreeing to Reliance Industries Limited's conditions for an audit of the KG-D6 field. ...
  • KG Basin row: CAG slams Oil Ministry, says RIL's terms unconstitutional 02-11-2012 08:36 PM

    New Delhi: The Comptroller and Auditor General (CAG) has pulled up the Union Oil Ministry for agreeing to the conditions of Reliance Industries Limited (RIL) for the audit of KG-D6 basin. According to sources, the auditing body told the Ministry that it should have been consulted before assuring the company....
  • CAG pulls up Oil Ministry for agreeing to RIL's terms 02-11-2012 06:43 PM

    New Delhi: The Comptroller and Auditor General (CAG) has pulled up the Union Oil Ministry for agreeing to the conditions of Reliance Industries Limited (RIL) for the audit of KG-D6 basin. According to sources, the auditing body told the Ministry that it should have been consulted before assuring the company....