M. Veerappa Moily

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Moily backtracks, says govt not considering shutting petrol pumps at night

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New Delhi: Under attack over a proposal to shut petrol pumps at night, Oil Minister M. Veerappa Moily on Monday said the government is not considering any such move to taper fuel demand.
"We have alr

No decision on shutting petrol pumps at night: Moily

Amidst a storm over proposal to shut petrol pumps during night to taper fuel demand, oil minister M. Veerappa Moily Monday said the government had not made any such proposal and the idea had come from public.

Diesel price may be hiked by Rs 3-5 a litre, LPG by Rs 50

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Diesel prices may be hiked by Rs 3-5 per litre, kerosene by Rs 2 and LPG by Rs 50 per cylinder as Oil Minister M. Veerappa Moily urged Prime Minister Manmohan Singh to take steps to tackle a record Rs 180,000 crore of losses arising from dipping rupee and surging oil rates.

Rs 3-5 diesel price hike in offing

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New Delhi: With oil subsidies mounting, petroleum minister petroleum minister M. Veerappa Moily on Thursday discussed with finance minister P. Chidambaram various options before the government includ

Crisis may prompt India to re-start Iran oil import

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New Delhi: Prime Minister Manmohan Singh has sought USD 25 billion cut in oil import bill to narrow current account deficit, Oil Minister M Veerappa Moily said on Tuesday.
India, which paid about USD

Cabinet nod to 'protect' political parties from RTI Act

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New Delhi: Providing immunity to political parties from Right to Information Act (RTI), the Cabinet on Thursday gave its nod to amend the transparency law to keep them out of its ambit by declaring t

Gas price hike: Moily says govt can’t be timid

Defending the decision to double gas prices from next fiscal, oil minister M. Veerappa Moily Friday said the government cannot afford a “timid mindset” while taking policy decisions of national importance.

Centre may alter gas, diesel pricing

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New Delhi: The government is likely to alter the way diesel and cooking fuels are priced to reduce its subsidy burden, which appears to be spiralling out of hand due to the falling rupee.
 
Since t

Moily in Iraq to expand cooperation in energy sector

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Oil minister M. Veerappa Moily arrived in Baghdad on Saturday with a high level delegation as India looks to expand cooperation in energy and other sectors with post-war Iraq.

Domestic natural gas price to go up

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New Delhi: Prices of domestic natural gas is set to go up, as the government is likely to decide on Thursday the price of the product in tune with the recommendation of Rangarajan committee.
 
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