PETROLEUM MINISTER

  • Complete Sun Temple beautification work before festival: Dharmendra Pradhan September 6, 2014

    Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan asked the Archaeological Survey of India and the Puri district administration to complete beautification work of the Sun Temple at Konark before the ensuing Navakalebara festival of Lord Jagannth next year. Pradhan gave the direction after visiting the temple and reviewing the progress of...
  • Moily meets Chidambaram to discuss ways to cut oil import bill August 29, 2013

    With fall in rupee value and the Syrian crisis ballooning oil import bill, Petroleum Minister M Veerappa Moily on Thursday met Finance Minister P Chidambaram to discuss possible solutions including Rs 3-4 per litre hike in diesel prices and cut in duties. The over 20 per cent rupee depreciation this year...
  • Moily retracts statement on threat from import lobby June 15, 2013

    Bangalore: Petroleum Minister M Veerappa Moily Saturday denied he had said that he faced a threat personally from oil import lobbies. "I did not say that. My statement has been confused by media," he told reporters on the margins of a function in Bangalore. Moily said what he had stated was...
  • 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...
  • Petrol price hike possible: Jaipal Reddy May 22, 2012

    Petroleum Minister Jaipal Reddy has once again hinted at the possibility of petrol price hike. ...
  • Immediate need to hike fuel prices: Oil Minister May 22, 2012

    Amritsar: With rupee depreciation leading to jump in oil import bill, Petroleum Minister S Jaipal Reddy on Tuesday said there is an immediate need to raise fuel prices, but refused to say when the hike will actually take place. "It (price increase) is very essential but (before hiking rates) we have...
  • Petroleum Minister says rising crude prices worrisome June 12, 2009

    New Delhi: Crude having become costlier, people are worried if petrol and diesel prices will be hiked again. Petroleum Minister Murli Deora too said that the rising crude prices are worrisome. Crude prices have risen to above US $70 per barrel mark from below 40 dollar per barrel in the last...
  • Diesel to be costlier for private vehicles and gensets October 6, 2008

    New Delhi: Petroleum Minister Murli Deora has taken objection to many private vehicle owners allegedly taking advantage of the fact that diesel is currently sold at subsidised rates. Soon therefore, one could be buying diesel at different prices for ones car and electricity generator set. The Centre is actively considering a...
  • India, Iran gas pipeline deal to be signed soon: Deora June 23, 2008

    Jeddah: India on Sunday said it will sign "very soon" an agreement with Iran and Pakistan in connection with the transnational pipeline project involving the three countries. Petroleum Minister Murli Deora after a meeting with his Iranian counterpart Gholam Hosein Nozari for talks on the 7.5 billion dollar IranPakistanIndia (IPI) pipeline...
  • Petrol cheaper by Rs 2, diesel Re 1 February 15, 2007

    New Delhi: In a desperate bid to stem the spurt in inflation, the Centre on Thursday announced an immediate reduction in petrol and diesel prices even as inflation levels have surged to 6.73 per cent for the week ended February 3. It's up 0.18 points from the 6.58 per cent...