India may seek renegotiation of LNG price from Qatar: Dharmendra Pradhan
India may seek to reopen the pricing of its long-term LNG import contract with Qatar to reflect falling rates of the spot or current market, Oil Minister Dharmendra Pradhan said on Thursday.
Odisha: With PM Modi’s intervention, Khurda-Bolangir project will see light of day, says Pradhan
Union Minister of Petroleum & Natural Gas, D...
Supreme Court to hear all pleas against AGR dues next week
Sources said the court on Friday agreed to hear the pleas of GAIL India, Power Gri...
DoT seeking Rs 3 lakh crore from GAIL, other non-telecom PSUs result of communication gap: Dharmendra Pradhan
The government's demand from such companies increased many times more than their net worth and the Centre asked them to go to the Supreme Court against such dues. While Oil India Ltd filed a clarificatory/ modificatory petition on Wednesday, GAIL approached the apex court on Thursday.
Draft policy to push CNG, PNG in cities
The policy is part of the Centre’s strategy to ensure a smooth passage in states for the Narendra Modi government’s plan to help 400 districts, covering 70% of the population, breathe easy by providing clean-burning CNG (compressed natural gas) and PNG (piped natural gas) services at an estimated investment of Rs 90,000 crore.
Ghana to replicate India's cooking gas success model
Indian Oil and National Petroleum Authority of Ghana signed an initial agreement in the presence of Oil Minister Dharmendra Pradhan on Wednesday that would set-off cooperation between the two countries on increasing cooking gas penetration in the African nation.
Dharmendra Pradhan to inaugurate an integrated steel hub
Government estimates suggest capacity addition in the steel hub would entail capital investments of over $70 billion and lead to an incremental Gross State Domestic Product of over $35 billion through steel alone, besides creating over 2.5 million jobs across the steel value chain in the region, an official statement from the steel ministry said.
Assam Hydrocarbon and Energy Company Limited seeks 10 per cent participating interest in Oil India Limited
Representatives of Assam Petrochemicals Limited (APL) and Assam Hydrocarbon and Energy Company Limited (AHECL) also called on the Union Minister and submitted separate memorandums outlining demands of both the PSUs.
No duty cuts to soften fuel spike: Oil Minister Dharmendra Pradhan
Brent prices crossed the $71-a-barrel mark early Wednesday morning after Iran launched a missile attack, but softened later in the day. Since last year, Brent prices have jumped nearly 15% and were trading around $68 a barrel. Over the past year, the increase in pump prices of diesel and petrol has been around 10%.
US-Iran tensions: No dearth of crude oil in global market, says Dharmendra Pradhan
Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan said on January 11 that there is no dearth of crude oil in global market. "T...
Iran-US conflict: Expect energy prices to remain reasonable, says Dharmendra Pradhan
Union Petroleum Minister Dharmendra Pradhan spoke on Iran-US tensions and its after-effects on oil prices. He said, “India expects that ther...
India exploring ways to source crude oil from Russia: Pradhan
Indian refiners have been seeking crude oil from different parts of the globe to reduce their dependence on the conflict-prone Middle-East region that currently makes up about 60 percent of its imports.
Tension in oil producing nations impacts India: Dharmendra Pradhan on US-Iran conflict
Varanasi (Uttar Pradesh), Jan 05 (ANI): While speaking to media in Uttar Pradesh’s Varanasi on January 05, the Union Minister of Petroleum a...
Steel ministry looks at USD 70bn investments in eastern region
Launching the 'Purvodaya' programme here, Pradhan said the underdeveloped districts in West Bengal, Chhattisgarh, northern Andhra Pradesh, Jharkhand and Odisha have to be taken forward for development of the steel sector. Addressing an event organised by CII, Pradhan, minister of petroleum, natural gas and steel, said the region has rich deposits of coal, iron ore and bauxite.
No crisis, preparing to deal with all kinds of situation: Pradhan on heightened US-Iran tensions
India is 84 per cent dependant on imports to meet its oil needs and any spike in global prices has a direct bearing on its economy. Not just imports but even domestic crude oil -- which forms the raw material for making petrol, diesel and other petroleum products -- is priced according to international benchmarks.
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