NDTV | Wednesday September 2, 2015
Shares of oil exploration companies such as Shiv Vani Oils, Aban Offshore, Dolphin Offshore Enterprises, Hindustan Oil Exploration, Selan Exploration Technology and Jindal Drilling Industries came in high demand on Wednesday after Petroleum Minister Dharamendra Pradhan announced the auction of 69 small and marginal oil fields.
Reported by Shweta Rajpal Kohli with Agencies | Wednesday September 2, 2015
The government expects private companies to boost output from the areas that hold resources of more than $10 billion.
Press Trust of India | Monday August 31, 2015
Pushing for interest rate cut, Finance Minister Arun Jaitley on Monday said inflation is under control while oil and commodity prices are also low.
Press Trust of India | Friday August 28, 2015
Global oil prices slumping to six year lows and the accompanying fall in commodity prices will help India save money on its import bill that can be used to fund social security schemes as well as for infrastructure building, Finance Minister Arun Jaitley said on Friday.
India News | Press Trust of India | Wednesday August 26, 2015
Punjab Deputy Chief Minister Sukhbir Singh Badal today said investors are keen on setting up projects in the state because it offers an "ease of doing business and a peaceful environment".
India News | Reported by Sunil Prabhu, Edited by Anindita Sanyal | Monday August 24, 2015
The office of Prime Minister Narendra Modi has stepped into the process of divestment, calling for a clear roadmap for 58 loss-making Public Sector Enterprises. It has been decided to close five of these units immediately, 11 will stop getting non-budgetary support.
World News | Indo-Asian News Service | Monday August 24, 2015
India and Nepal on Monday inked an agreement for a 41-km Amlekhgunj-Raxaul petroleum pipeline, with visiting Indian Minister Dharmendra Pradhan saying its construction would be completed within 30 months.
India News | Press Trust of India | Wednesday August 19, 2015
Reiterating New Delhi's decade-old demand, he said the Organisation of Petroleum Exporting Countries (OPEC) is not justified in asking Asian buyers to pay more so that transportation cost to distant consumers particularly in the West can be subsidised.
Thomson Reuters | Wednesday August 19, 2015
Oil minister Dharmendra Pradhan on Wednesday said he expects a "reasonable" price of crude oil from selling countries, in a sign the government is looking to leverage its position as a big buyer to negotiate deals in an oversupplied market.
Thomson Reuters | Tuesday August 18, 2015
The government plans to spend $1.5 billion (Rs 10,000 crore) in the next three years to help farmers grow oil palm trees in an area the size of New Jersey, government sources said, with Prime Minister Narendra Modi pushing to make the nation self-sufficient in edible oils this decade.
Thomson Reuters | Monday August 17, 2015
The United Arab Emirates (UAE) is open to meeting any demand for oil from India, the Gulf OPEC (Organization of Petroleum Exporting Countries) member's economy minister Sultan bin Saeed al-Mansouri told Reuters on Monday.
India News | Reuters | Monday August 17, 2015
The United Arab Emirates is open to meeting any demand for oil from India, the Gulf OPEC member's economy minister Sultan bin Saeed al-Mansouri said today.
Press Trust of India | Monday August 10, 2015
Government will "any day" announce a decision to allow market price for part of gas discoveries made in future from difficult fields, Oil Minister Dharmendra Pradhan said on Monday.
Press Trust of India | Monday August 10, 2015
The government has capped the subsidy payout on kerosene at Rs 12 per litre and domestic cooking gas (LPG) at Rs 18 per kg, Oil Minister Dharmendra Pradhan said on Monday.
Press Trust of India | Tuesday August 4, 2015
Government has recovered nearly a third of the $195.34 million additional profit it is claiming from Reliance Industries' KG-D6 field as a result of penalty imposed for gas output lagging targets, Oil Minister Dharmendra Pradhan said on Monday.
Press Trust of India | Monday July 27, 2015
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.
Press Trust of India | Wednesday July 15, 2015
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.
India News | Press Trust of India | Wednesday July 15, 2015
International oil prices will come down with the imminent lifting of sanctions against Iran and benefit India, Petroleum Minister Dharmendra Pradhan said today.
Press Trust of India | Monday July 13, 2015
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.
Press Trust of India | Friday July 10, 2015
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.
Press Trust of India | Tuesday July 7, 2015
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.
Press Trust of India | Friday July 3, 2015
Oil Minister Dharmendra Pradhan will lead an Indian delegation for bilateral energy dialogue with Canada.
Thomson Reuters | Friday July 3, 2015
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.
Press Trust of India | Friday June 26, 2015
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.