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PETROLEUM COOPERATION COMMITTEE
India-Oman trade pact to open huge export opportunities for labour-intensive sectors: ExpertsIndia and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement a...- Iran plans new Hormuz transit mechanism, says only cooperating nations will benefitIran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passa...
- 7 groups of secretaries gear up to deal with Gulf crisisPrime Minister Narendra Modi announced seven empowered groups to address the long-term impacts of the West Asia war, urging states to colla...
- Trump aide calls India ‘good actor’ on Russian oil purchaseIn a noteworthy development, India has gained temporary authorization from American authorities to source Russian oil. This decision is a r...
- India, Egypt identify international trade settlement, digital payments as focus areasIndia and Egypt have identified key areas for collaboration, including international trade settlement, digital payments, and investment in ...
- Govt mulls ethanol price hike for 2024-25 season to incentivize production, meet blending goalsThe government is considering a proposal to increase ethanol prices for the season starting November 2024, aiming to diversify feedstocks a...
- Suresh Prabhu urges India Inc to identify priority sectors in KenyaIndia also explored opportunities to increase exports of petroleum products, cars and motorcycles, and mobile phones to Kenya during the me...
- Dharmendra Pradhan assures Mauritius of continuous support in meeting energy requirementAs an oil minister, Pradhan has worked on forging stronger ties with neighbouring countries.
- Indian Oil Corp bags 'leading oil & gas corporate' awardState-owned Indian Oil Corp (IOC) today walked away with top honours at the annual Petrofed Awards, bagging the Leading Oil & Gas Corporate...
- Centre-states differences persist over key aspects of GSTStates want that petroleum, alcohol & tobacco should be kept out of the purview of GST. The states are yet to receive the draft constitutio...
- GCC countries to discuss single fuel price"A unified market for petroleum products could exist within the next six years. Most residents in these countries use their own means of tr...
- India, Pak could move ahead by promoting trade ties: Punjab Chief Minister Shahbaz SharifSharif, the younger brother of Prime Minister Nawaz Sharif and a member of the federal Cabinet Committee on Energy, made the remarks during...
- PM' council on climate change constitutedPrime Minister Manmohan Singh today constituted a high-level panel consisting of cabinet secretary and secretaries from various ministries ...
- Government ropes in corporate honchos like M Damodaran, YC Deveshwar, KV Kamath to reform regulatory normsThe corporate affairs minister set up a committee under the former SEBI chairman M Damodaran for 'Reforming the regulatory environment for ...
- India may get preference in Turkmenistan oil blocksTurkmenistan has offered a preferential treatment to Indian oil companies, close on the heels of ONGC-Mittal Energy acquiring 30% stake in ...
- Plan to direct petroleum ministry to buy 5 pc EthanolThe Centre proposed to direct the petroleum ministry to purchase at least five per cent of ethanol produced in the country, in a bid to bai...
- Deora to hard sell NELP at Vienna OPEC seminarPetroleum minister Murli Deora will meet ministers of major oil producing countries to enhance hydrocarbon co-operation at the third OPEC i...
- Roll back prices, reduce dependence on exports: WBThe WB govt on Thursday demanded a complete roll back of petroleum prices, saying that the Centre should ensure "adequate" geological prosp...
- Naik offers 15% IOC stake to meet divestment targetThe petroleum ministry is weighing the option of shedding up to 15 per cent government equity in refiner Indian Oil Corporation (IOC) to he...
- Bidders withdrawing due to halt in disinvestment: ShourieAlmost resigned to a setback in the divestment, Disinvestment Minister Arun Shourie said bidders for the government equity in PSUs were wit...
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