OIL MINISTER

  • De-regulation of diesel prices in interest of common man, says Oil Minister 5 days ago

    New Delhi: As the Central government takes a big decision by de-regulating diesel prices, Oil Minister Dharmendra Pradhan says the call was taken after due deliberation, keeping in mind the interest of the common man. In an exclusive interview to CNBC-TV18, Pradhan said that the government has a back up plan...
  • Tackling subsidy burden with innovative ways tops Oil Ministry's agenda July 6, 2014

    New Delhi: Accusing the previous UPA regime of leaving the coffers dry, Oil Minister Dharmendra Pradhan said that he wanted to tackle subsidy burden on the department in innovative ways. In an exclusive interview to Network18, Pradhan on Sunday said that the roll out of Direct Benefit Transfer (DBT) is one...
  • Government rules out any immediate hike in prices of LPG, kerosene July 5, 2014

    New Delhi: Ruling out any immediate hike in prices of LPG and kerosene, Oil Minister Dharmendra Pradhan on Saturday said the new government will continue with the policy of subsidising commonly used cooking fuels. "There will no increase in LPG and kerosene prices for now. We will continue with the extant...
  • Oil Minister Dharmendra Pradhan justifies diesel price hike June 1, 2014

    New Delhi: The Bharatiya Janata Partyled NDA government which is under fire for raising diesel prices just days after coming to power defended its decision saying the fare for bulk consumption has come down. Speaking to CNNIBN, Union Oil Minister Dharmendra Pradhan justified his department's move saying that its priority was...
  • Rupee fall, oil price hike will result in Rs 1,80,000 crore loss: Moily August 31, 2013

    New Delhi: Battling double whammy of dipping rupee and surging global oil rates, Oil Minister M Veerappa Moily has written to Prime Minister Manmohan Singh saying without corrective steps losses on sale of subsidised fuel sales will rise to unprecedented Rs 1,80,000 crore. In a detailed note, Moily told the...
  • Veerappa Moily hails Congress victory in Karnataka by-polls August 24, 2013

    Oil Minister M Veerappa Moily on Saturday hailed Congress' thumping victory in by-polls for two Lok Sabha seats in Karnataka as a big game changer ahead of general elections. Congress dealt a big blow to the JDS in its heartland when it wrested the Mandya and Bangalore Rural seats from it...
  • Oil Minister Moily vows speedy decisions; RIL rises October 29, 2012

    New Delhi: New oil minister Veerappa Moily has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand. Moily was appointed as the country's new Petroleum and Natural...
  • Oil Minister explains logic behind petrol price hike May 25, 2012

    New Delhi: With the party and the government coming under attack over the steep hike in petrol price, Oil Minister S Jaipal Reddy is understood to have met Ahmed Patel, political secretary to Congress President Sonia Gandhi, and discussed the issue. The meeting comes against the...
  • Saudi will attempt to rein in oil price surge: Minister June 10, 2008

    Riyadh: Saudi Arabia plans to call for a meeting of oil producing countries and consumers to discuss ways of dealing with soaring energy prices and work to prevent unwarranted increases, Information and Culture Minister Iyad Madani said Monday. The kingdom will also work with OPEC to "guarantee the availability of...