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DEC 05 2018

Indian Oil Corp issues 5-year tanker tender to import Iraqi oil, document reveals

  • Reuters , Live Mint /New Delhi, 5th December 2018 Published on : 5th December 2018
  • Created:Wed 05th DEC 2018

  India’s top refiner, Indian Oil Corp (IOC), has issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document ...

DEC 05 2018

Niti Aayog-led panel mulls free-market pricing for all local natural gas

  • Sanjeev Choudhary , ETEnergyWorld /New Delhi, 5th December 2018 Published on : 5th December 2018
  • Created:Wed 05th DEC 2018

  A panel led by the Niti Aayog vice chairman is actively considering free-market pricing for natural gas produced from all fields, a major market-friendly reform that oil companies ...

DEC 05 2018

Petrol, diesel to soon cost less in Delhi than UP

  • PTI , ETEnergyWorld /New Delhi, 5th December 2018 Published on : 5th December 2018
  • Created:Wed 05th DEC 2018

  Petrol and diesel may soon again become cheaper in Delhi as compared to adjoining cities of Uttar Pradesh as ad valorem duty structure has translated into a bigger reduction in ...

DEC 05 2018

Coal scam: ED attaches assets worth over Rs 117 crore of company

  • PTI , ETEnergyWorld /New Delhi, 5th December 2018 Published on : 5th December 2018
  • Created:Wed 05th DEC 2018

  The Enforcement Directorate (ED) on Tuesday said it has attached assets worth over Rs 117 crore of a company in connection with its money laundering probe in the coal blocks ...

DEC 05 2018

CIL likely to transfer 10,000 executives as part of new policy

  • Debjoy Sengupta , ETEnergyWorld /Kolkata, 5th December 2018 Published on : 5th December 2018
  • Created:Wed 05th DEC 2018

  Coal India Ltd (CIL) is likely to transfer about 10,000 executives out of 18,000 executives to different subsidiaries or its headquarters next fiscal as it has adopted a policy that ...

DEC 04 2018

Govts petroleum subsidy expenditure crosses 83% of budgeted target within first 6 months

  • Bilal Abdi , ETEnergyWorld /New Delhi, 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  The government’s expenditure on petroleum subsidy in the first six months of the current financial year crossed 83 per cent of the budgeted allocation of Rs 24,933 crore for ...

DEC 04 2018

LPG cylinder now used by 89% households

  • Sanjeev Chaoudhary , ETEnergyWorld /New Delhi, 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  Nine out of 10 Indian homes now use cleaner cooking gas, a record improvement over just about five in 10 homes four years ago, as a result of the Modi government’s relentless ...

DEC 04 2018

Revenue secretary Ajay Bhushan Pandey says excise duty hike on crude needs analysis

  • PTI , Financial Express / 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  Revenue secretary Ajay Bhushan Pandey Monday declined to comment on reports of government planning an excise duty hike on petroleum products following fall in crude prices, saying ...

DEC 04 2018

Indian Oil Challenges Rs 5,600-crore interest on entry tax before Supreme Court

  • Indu Bhan , Financial Express / 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  Indian Oil Corporation (IOC) on Monday moved the Supreme Court seeking setting aside of the Allahabad High Court’s decision that had asked it to pay Rs 5,600 crore towards ...

DEC 04 2018

CCI dismisses complaint against Coal India, its subsidiary

  • PTI , ETEnergyWorld /New Delhi, 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  The Competition Commission of India (CCI) has dismissed a complaint against state-owned Coal India and its subsidiary, Western Coalfields, alleging unfair business practices ...

DEC 04 2018

Coal scam: Order on quantum of punishment to former secretary H C Gupta, 5 others on Dec 5

  • PTI , ETEnergyWorld /New Delhi, 4rd December 2018 Published on : 4rd December 2018
  • Created:Tue 04th DEC 2018

  A Delhi court on Monday said it would pronounce on December 5 its order on the sentencing of former coal secretary H C Gupta and five others convicted for irregularities in the ...

DEC 03 2018

Fuel price: Soon, tanking up in Delhi to be cheaper than in UP

  • Sanjay Dutta , ETEnergyWorld /New Delhi, 3rd December 2018 Published on : 3rd December 2018
  • Created:Mon 03rd DEC 2018

  Petrol and diesel will become cheaper in Delhi than UP in a few days, restoring an advantage the capital's motorists lost on October 5 when UP chief minister Yogi Adityanath matched ...

DEC 03 2018

Govt forms 6-member panel to look at selling 149 fields of ONGC, OIL to pvt firms

  • PTI , ETEnergyWorld /New Delhi, 3rd December 2018 Published on : 3rd December 2018
  • Created:Mon 03rd DEC 2018

  The government has constituted a six-member committee to look at selling as many as 149 small and marginal oil and gas fields of state-owned ONGC and OIL to private and foreign ...

DEC 03 2018

IAS officers association to extend support to convicted ex-coal secretary Gupta

  • Surojit Gupta , ETEnergyWorld /New Delhi, 3rd December 2018 Published on : 3rd December 2018
  • Created:Mon 03rd DEC 2018

  The IAS officers association termed the conviction of "honest" IAS officers in the coal scam on Saturday "as most unfortunate" and vowed to rally behind the three officers who have ...

DEC 03 2018

Piyush Goyal sets output target of 2.5 mt per day for Coal India

  • FE Bureau , Financial Express / 3rd December 2018 Published on : 3rd December 2018
  • Created:Mon 03rd DEC 2018

  While Union coal and railway minister Piyush Goyal has given a target of producing 2.5 million tonne of coal per day to Coal India (CIL), the coal PSU said it has stretched its ...

NOV 29 2018

BS 6 fuel rollout to shut Indian refineries, push up Indias oil imports in 2019

  • Nidhi Verma , Live Mint ,New Delhi/Mumbai 29th November 2018 Published on : 29th November 2018
  • Created:Thu 29th NOV 2018

A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for Bharat Stage 6 (BS 6) from April 2020, company officials said, in moves that could temporarily dent ...

NOV 29 2018

LPG cylinder prices likely to decrease soon: Petroleum Ministry

  • Staff Wrtiter , Hindu Business Line ,New Delhi 29th November 2018 Published on : 29th November 2018
  • Created:Thu 29th NOV 2018

Busting rumours that LPG cylinder prices are likely to be hiked to Rs 1,000 per cylinder, the petroleum ministry today said domestic LPG cylinder rates are likely to be reduced in the coming ...

NOV 29 2018

No coal mine to any private company without transparent auction: Ministry

  • ET Bureau , ETEnergyWorld ,New Delhi 29th November 2018 Published on : 29th November 2018
  • Created:Thu 29th NOV 2018

The report on coal block allocation to the Adanis published on Wednesday should have read ‘SC Notice to Centre for Reallotting Cancelled Coal Block to ...

NOV 29 2018

Maharashtra stays land acquisition for Ratnagiri refinery project

  • Our Bureau , Hindu Business Line ,Mumbai 29th November 2018 Published on : 29th November 2018
  • Created:Thu 29th NOV 2018

In a major setback to the proposed 60-mmtpa Ratnagiri refinery and petrochemical project, Chief Minister of Maharashtra Devendra Fadnavis on Wednesday announced in the Assembly that his government ...

NOV 29 2018

Coal block auctions: Initial response positive, 69 firms purchase the tender documents priced at Rs 5 lakh

  • Anupam Chatterjee , Financial Express, 29th November 2018 Published on : 29th November 2018
  • Created:Thu 29th NOV 2018

After the failure of last two tranches of coal-block auctions, the coal ministry has received “overwhelming” response for the latest invitations for 19 captive mined. A senior coal ...