‘Energy’

Price controls on fuel are likely to be lifted in India, and that could lead to a rise in fuel prices by next week. The Empowered Group of Ministers, led by Pranab Mukherjee, Minister of Finance, are likely to decide on the deregulation of petrol prices soon. Also expected is a ...0 Comments

The Mukesh Ambani-owned Reliance Industries Ltd is said to be mulling over entering the nuclear energy business. 0 Comments

The environmental threat created by the BP’s oil spill into the Gulf of Mexico has increased sharply and the US authorities fear that about five times more oil could be leaking into the water per day. 1 Comment

Murli Deora, Union Minister for Petroleum, held consultations with political parties, including partners of the ruling United Progressive Alliance (UPA), prior to taking the proposal to raise the prices of fuel to the Union Cabinet, possibly on February 11, 2010. 0 Comments

Panel wants total deregulation of petrol, diesel prices; hike in price of kerosene by Rs 6 a litre, of LPG by Rs 100 a cylinder 0 Comments

US announces $350-million global fund Climate REDI to provide clean-energy technologies to developing countries 0 Comments

India and Russia have signed an agreement on the civilian use of nuclear power, which is not restrictive like the ‘123 Deal’ with the United States. 0 Comments

New Delhi: The Union Cabinet has issued a directive to the Ministry of Petroleum and Natural Gas to make it mandatory for all oil-marketing companies to sell petrol mixed with 5% ethanol. 0 Comments

Reliance Industries Limited (RIL), run by Mukesh Ambani, has announced discovery of an oilfield in the Cambay Basin, off the coast of Gujarat. 0 Comments

Oil & Natural Gas Corp. (ONGC), India’s biggest government-owned energy explorer, said net profit in the three months ended September 30, 2009 climbed 5.8 percent to 5,090 crore rupees on higher earnings from crude oil sales. 0 Comments