Ministry of Petroleum and Natural Gas (India)

Iran says $22 billion deal to sell 5mtpa LNG to India is dead

New Delhi: Iran says it has scrapped a $22 billion deal to sell 5 million tonnes per annum (mtpa) of liquefied natural gas, or LNG, to India due to a dispute over prices and lack of required approvals. The deal was signed in...

RIL-RNRL case: Govt says it will finalise gas price

MUMBAI: Mukesh Ambani-led Reliance Industries (RIL) cannot sell gas to anybody at a price less than $4.20 per British Thermal Units without its approving the pricing formula, the government informed the Bombay High Court on...

Oil sector officers threaten indefinite strike from Tuesday

New Delhi, Nov. 15 Oil Sector Officers Association (OSOA), representing around 50,000 executives of the 14 public sector oil companies, has threatened an indefinite strike from Tuesday to press for pay

Real effective exchange rate of rupee declines

Indian rupee notes and US dollar bills Our Bureau Bangalore, Nov. 13 The rupee’s sharp depreciation against the dollar since the beginning of this year has begun reflecting in the Real Effective Exchange Rates (REER) According...

Officers of state-run Oil firms threaten indefinite strike from Nov 18

India's News.Net Wednesday 12th November, 2008 (IANS) Officers of the public sector oil companies have threatened to go on an indefinite strike from Nov 18, demanding improved pay scales. A press release, issued by the Oil...

RBI buyback triggers bond rally

Government bond prices ended sharply higher on Wednesday as sentiment improved after the Reserve Bank of India’s (RBI) offer to buy back Rs 10,000 crore of two gilts issued under the Market Stabilisation Scheme (MSS) was fully...

Starved for fuel, NTPC eyes LNG deal with Iran

New Delhi: State-owned NTPC Ltd, the country’s largest power generation utility, is in talks with Iran to buy 5 million tonnes per annum (mtpa) of liquefied natural gas (LNG), attempting to secure gas supplies for its...

Oil Ministry official may be examined in RIL-RNRL case

Mumbai, Nov. 11 A secretary-level officer from the Union Ministry of Petroleum and Natural Gas could be cross-examined before the divisional bench of the Bombay High Court on Friday in the ongoing RIL versus RNRL gas dispute

Manmohan Singh arrives in Muscat

From ANI Muscat, Nov 8: Prime Minister Dr. Manmohan Singh was accorded a ceremonial guard of honour at the Royal Terminal of Oman international Airport. Dr. Singh, who is on a two-day visit to Oman was greeted by the Deputy...

More doctors, nurses needed: Anbumani

Make ban on smoking a success: Anbumani U.N. plans to launch NRHM type programme in Africa Mumbai: While the budget allocation for the health sector has gone up from Rs. 42,000 crore in the Tenth Five Year Plan to Rs. 1,40,000...

1 2 3 4 next »