Country’s second largest state-run explorer Oil India Limited (OIL) on Tuesday reported 32. 25 per cent drop in net profit in April-June quarter of this fiscal
The government will take a decision within one month whether to set up a refinery in Rajasthan or not. The state government is pushing for setting
Petroleum ministry on Wednesday said a transparent mechanism for compensating oil-marketing companies (OMCs) for under-recoveries is need of the hour to maintain their financial health.
In all likelihood finance minister will announce a decontrol of petrol prices in the budget. Taking effect from April 1, the decontrol will mean an increase in the prices of the fuel.
S Sundareshan who took over as petroleum secretary on Monday mooted the idea of uniform gas pricing across the country. He said India required a gas
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