Oil ministry

LPG and Kerosene prices to be hiked? 04 July 2014

The Oil Ministry may increase the prices of cooking gas [LPG] and kerosene by Rs 250 per cylinder and Rs 4 per litre respectively. The Ministry is preparing a draft note for the consideration of the Cabinet Committee on Political...

Keywords: Deisel, prices of cooking gas [LPG] and kerosene hike, cooking gas [LPG], LPG

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USD 579 mn penalty on Reliance 14 July 2014

The Central government has slapped Reliance Industries [RIL] with an additional penalty of USD579 millions for producing less than targeted natural gas from its Krishna-Godavari [KG] D6 block.  With this the total penalty on RIL stands at USD 2.376 billions...

Keywords: India Business News, Business News, Krishna-Godavari Basin, Business News

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Petrochemical plant ablaze in Iran 04 August 2012

Massive fires broke out in the biggest petrochemical plant of Iran killing at least one while 15 others were found to be injured, the Iranian media said on Saturday. The fire was put out later by the disaster management team....

Keywords: oil ministry, Mahshahr, Bandar Imam, pertochemical plant

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CM sees hope in GAIL pact 17 April 2012

The Chief Minister N Kiran Kumar Reddy, in Delhi, felt that the pact with Gas Authority of India Limited would aid the state much. As per the pact GAIL has agreed to supply gas to the power plants of the...

Keywords: Andhra Pradesh, Gail pact, Revenue Neutral Swapping, Gail India

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