Vadodara: Gujarat Petroleum and Energy Minister Saurabh Patel on Saturday said the proposed Mundra LNG terminal, one of the two planned LNG projects in the State, would be commissioned by 2016.
“Guja

 
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

 
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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New Delhi: In a stunning comment, Oil Minister M. Veerappa Moily on Friday said petroleum ministers are 'threatened' by import lobbies not to take decisions that will cut India's USD 160 billion oil

Petrol price was cut on Thursday by Rs 2.46 per litre, the second reduction this month.

Petrol in Delhi will cost Rs 67.78 a litre with effect from midnight on Thursday night as against Rs 70.24 a li

Dismissing the perception of policy paralysis surrounding the union government, Planning Commission Deputy Chairman Montek Singh Ahluwalia feels the government should raise petroleum prices as part of

In a worrying development for gas-based power plants, India's natural gas production is likely to fall by 35 per cent to 27.64 million metric standard cubic meters per day (mmscd) in the next fiscal a

Stressing that the government was committed to finding solutions for the issues facing the gas industry, Prime Minister Manmohan Singh on Friday said remunerative energy prices was needed to ensure

Consumers may have to bear another round of price hike in auto and cooking fuels as the government is mulling a review in the wake of soaring cost of crude and pressure from state-run oil marketing co

World oil prices rose in volatile trading on Monday, as worries over Iranian supplies helped to offset a cut to China's growth outlook and weak eurozone data, traders said.

New York's main contract,