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RAJEEV JAYASWAL
Manmohan Singh rebuked Murli Deora for raising Asian oil premium issue with Saudis: BookThe so-called 'Asian Premium' has led to billions of dollars being paid by India with no official record of the payments, the book claims.- Indraprastha Gas Ltd takes snapshots of meter readings to curb under-reportingIGL rolled out its pilot project for collecting meter readings through smartphones after a barrage of consumer complaints regarding inflate...
- Government mulling to blend up to 10% green fuels in diesel; move aimed at conserving fossil fuelsThe government will soon initiate inter-ministerial consultations before the Cabinet takes a final view on the matter, officials said.
- Oil Ministry seeks legal view on slapping extra $792 million penalty on RILThe government has penalised Reliance for creating facilities in excess of actual production.
- Govt building a bunker for Syria attack; readies a 4-point plan for fuelThe options - changing the fuel pricing/subsidy regime again - are politically risky but absolutely necessary, say oil ministry officials.
- Ethanol blending to save 6 a litre for oil companies: Sugar mills6 for every litre of petrol sold if ethanol is blended with it, contradicting the OMCs' suggestion that blending will lead to costlier fuel.
- Air India to save Rs 500 cr by clearing bills, sourcing 80% ATF from IOC4,235 crore by April next year and buy 80% of its fuel from Indian Oil Corporation.
- Due diligence needs to be rigorous: TK Ananth Kumar, Director, Finance, Oil India LtdTK Ananth Kumar, Director, Finance, Oil India Ltd says the company is not averse to taking risks while making investment decisions. But suc...
- Hike diesel, gas prices else we keep borrowing Rs 8k crore a month: Ranbir Singh Butola, Chairman, IOCIOC's recently-appointed chairman Ranbir Singh Butola says if the government does not raise prices of diesel, cooking gas and kerosene, IOC...
- VIA-ET Energy Summit InauguratedThe two day Energy Summit organised by Economic Times and Vidarbha Industries Association (VIA) was inaugurated by union minister for power...
- It's time Centre gave more attention to north-west in Budget: Prem Kumar DhumalWhen it comes to allocation of national resources, the Centre must give special attention to the north-western states as it does for the no...
- 21 oil hunters to pool services and equipment to slash costs21 oil and gas operators including BP, ENI, BG, Cairn, Hardy, RIL and ONGC have decided to form a joint pool of scarce equipment and servic...
- RIL in talks with Eni for stake swap in East TimorReliance Industries (RIL) is in talks with Italian oil explorer Eni SpA for a stake swap in East Timor.
- Anti-woman Ninth Schedule norms to goThe government is considering a proposal of weeding out discriminatory provisions against women from the Ninth Schedule of the Constitution...
- PSU insurers may get to tap capital marketsNew India Assurance, National Insurance, Oriental Insurance and United India Insurance-may now be able to launch their IPOs.
- ONGC pulls ex-staffers back into foldTwo months ago, ONGC invited applications from ex-employees, who wanted to work for the company again.
- Govt may set up common regulator for energy sectorThe government is considering setting up a common energy regulator for electricity, coal, oil and gas sectors.
- Oil exploration may get tax sopsIn a bid to attract investments in oil and gas sectors, the government is considering a proposal to accord infrastructure status to explora...
- Power tariff may heat up with shift in coal royaltyPower tariffs are likely to go up further as the government is planning to revise royalty rates on coal, shifting it from the current speci...
- Oil marketing cos to benefit from CST sopThe petroleum ministry has made a strong case for doing away with the central sales tax (CST) imposed on inter-company and inter-state tran...
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