On July 27, 2015 17:22 (IST)
India has cut crude oil imports from its top supplier Saudi Arabia by over 8 per cent in 2014-15 as it raised purchases from Africa and Latin America in an apparent bid to cut reliance on the volatile Middle East.
On July 15, 2015 21:38 (IST)
BP chief executive Bob Dudley on Tuesday met Prime Minister Narendra Modi, first since the BJP-led government stormed to power last May, and followed it up with a meeting with Oil Minister Dharmendra Pradhan on Wednesday morning.
On July 13, 2015 20:11 (IST)
As many as 26.7 lakh households currently use gas received from pipeline in kitchen. "We are targeting 1 crore piped natural gas (PNG) connections in two years," Oil Minister Dharmendra Pradhan said at a Bio-Fuel Conference here.
On July 10, 2015 18:43 (IST)
The South Oil Jetty, which will be used to import and export of oil at high sea, was dedicated to the nation by Shipping and Road Transport Minister Nitin Gadkari at Paradip, a company press release said here.
On July 07, 2015 16:16 (IST)
Oil Minister Dharmendra Pradhan met Canadian Minister for Natural Resources Greg Rickford at the second India-Canada Ministerial Energy Dialogue in Calgary to discuss enhancing energy cooperation between the two countries.
On July 03, 2015 23:34 (IST)
Oil Minister Dharmendra Pradhan will lead an Indian delegation for bilateral energy dialogue with Canada.
On July 03, 2015 19:35 (IST)
Finance Minister Arun Jaitley has set a target of raising about Rs 69,500 crore by selling shares in state-run companies and minority holdings in private companies this fiscal year.
On June 26, 2015 23:09 (IST)
The next round of auction of oil and gas blocks under the New Exploration Licensing Policy (NELP) will be held by the end of fiscal year 2015-16, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Friday.
On June 12, 2015 20:47 (IST)
The oil ministry is moving beyond seeking additional barrels for import in talks with exporters. Now, the energy-deficient country wants to use its thirst for oil as a weapon to broker deals to help strengthen its economy and create jobs, Oil Minister Dharmendra Pradhan told Reuters in an interview.
On June 12, 2015 16:39 (IST)
The government has saved Rs 10,000 crore subsidy outgo on cooking gas through a similar scheme, which it says has knocked off about 40 million illegal consumers from the system.
On June 12, 2015 18:34 (IST)
Vedanta earlier this week signalled it was considering a merger, a move that would it to repay a hefty group burden with the help of cash-generating Cairn.
On June 08, 2015 21:41 (IST)
The government will start keeping a strategic oil reserve from this month, which would be located at Visakhapatnam in Andhra Pradesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday.
On May 21, 2015 21:46 (IST)
Saudi oil minister Ali Al-Naimi said on Thursday that the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason.
On May 20, 2015 23:00 (IST)
Finance Minister Arun Jaitley on Wednesday said inflation will not be a significant challenge though there is a possibility of below average monsoon and food prices getting impacted.
On May 16, 2015 20:47 (IST)
To bolster energy ties with the US, Oil Minister Dharmendra Pradhan is leading a high-level delegation of industry CEOs to Mexico and Colombia during May 18-May 22.
On May 15, 2015 17:02 (IST)
Oil Minister Dharmendra Pradhan said on Friday that the government is looking to buy oil assets abroad.
On May 13, 2015 22:47 (IST)
Petrol price of Rs 63.16 per litre in Delhi is more than Rs 44.05 per litre rate of the fuel in Pakistan and Rs 54.75 in Sri Lanka. However, it is cheaper than Rs 76.97 per litre price in Bangladesh and Rs 68.13 a litre in Nepal.
On May 09, 2015 13:54 (IST)
Excise duty collection on petrol and diesel jumped over 50 per cent in financial year 2014-15 to Rs 74,465 crore as the government on multiple occasions raised tax rates to shore up its revenues.
On May 08, 2015 21:19 (IST)
Slowdown in global demand, appreciation of the rupee against the euro and a steep fall in oil prices led to a decline in India's exports in 2014-15, Parliament was informed on Friday.
On March 29, 2015 17:00 (IST)
There are about 15.3 crore LPG consumers in the country.