"The government has decided to extend the direct transfer of cash subsidy to cooking gas consumers in 235 more districts,"
Fair price shop owners, who sell kerosene in the retail market, are up in arms against a sharp reduction in supply that has affected their income.
Veerappa Moily said that PM has asked him to save $25 billion on oil imports in the current fiscal year, to help the country narrow its CAD.
State-run oil marketing companies have reported a combined loss of Rs 4,403 crore in April-June quarter of the current financial year.
Cairn India, the operator of the country’s biggest onland oilfield, has approached the prime minister-led CCI to resolve regulatory hurdles.
The initial reports from the site suggested that the fire accident occurred due to blasting of cooling tower due to short circuit, sources said.
The empowered group of ministers on gas allocation is scheduled to meet, which will determine priority supply of scarce natural gas.
RIL and British oil company BP PLC on Friday announced a new gas condensate discovery off the east coast of India in the Cauvery basin.
Co may be penalised and asked to make up for the shortfall at the old price if found guilty, says a senior govt official
Petronet LNG Ltd announced on Thursday that the Kochi terminal would start commercial supply of gas in a week's time.
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