Petroleum And Natural Gas Ministry

  • 'Anyone handling petroleum ministry will be frustrated' November 6, 2012

    New Delhi: Sulking Science and Technology Minister S Jaipal Reddy on Monday said anybody handling the ministry of petroleum and natural gas would be "totally frustrated". "I was the minister of petroleum and natural gas. Anybody who handles this portfolio will be totally frustrated as nobody knows why the oil...
  • Oil companies, not govt, suspended LPG price hike: Moily November 3, 2012

    After the government put on hold the Rs 26.50 hike on non-subsidised LPG cylinders, Petroleum Minister Veerappa Moily said it was the oil companies' decision and not the ministry's, as had been reported. The minister further added that the public sector oil firms will take a call on raising the cap...
  • Petrol price may not be hiked soon: Jaipal Reddy September 7, 2012

    New Delhi: Petroleum and Natural Gas Minister Jaipal S Reddy on Friday said that there was "no immediate plan" to increase fuel prices. The minister's statement came amidst reports that the government was planning to hike petrol prices by Rs 5 per litre. Addressing the media, Reddy said, "There is no...
  • India extends tax holiday for natural gas production July 6, 2009

    New Delhi: In a bid to give a fillip to the current round of auction of hydrocarbon assets, Finance Minister Pranab Mukherjee on Monday extended the tax exemption on profits in the natural gas sector. The Ministry of Petroleum and Natural Gas has been seeking tax holiday to the natural gas...