This report of the standing committee on petroleum and natural gas deals with the action taken by the Government on the recommendations contained in the 17th report (14th Lok Sabha) of the standing committee on petroleum & natural gas (2007-2008) on

The Petroleum and Natural Gas Regulatory Board was established in 2007. But what is the policy of regulation in this sector? What are the entities involved? How do they function? How can they be efficiently regulated?

Proposed fiscal reforms for automotive fuels Petrol Increase selling price before state taxes and duties by Rs 2.50 per litre each month to align with full cost price Total increase of Rs 10.90 per litre in selling prices before taxes Temporary reduction in excise duty to Rs 10 per litre to be restored by March 2009 Total increase of Rs 11.28 per litre before

A committee recommends rationalization of diesel and petrol prices The long awaited pricing formula for petroleum products to bail out the oil industry from impending bankruptcy has been tabled. If put into effect this prescription can correct distorted prices of automotive fuels of petrol and diesel and halt misuse of under-taxed and under-priced diesel by the car sector. This is

In 1997 the IEA produced a handy, pocket-sized summary of key energy data. This new edition responds to the enormously positive reaction to the books since then. Key World Energy Statistics from the IEA contains timely, clearly-presented data on the supply, transformation and consumption of all major energy sources.

The Prime Minister has constituted a high powered committee under the chairmanship of Shri B K Chaturvedi, Member, Planning Commission, to examine the financial position of oil companies.

World marketed energy consumption is projected to increase by 50 percent from 2005 to 2030. Total energy demand in the non-OECD countries increases by 85 percent, compared with an increase of 19 percent in the OECD countries.

Click here to Enlarge View The rapid disappearance of the Arctic sea ice in recent years and a record melt in 2007 due to global warming has led to a mad rush among countries bordering the region to claim petroleum deposits beneath the ocean floor At stake is About 22 per cent of the world

The Lahore High Court has issued notices to Deputy Attorney General in a petition filed by President Lawyer Welfare Forum Muqtadir Akhtar Shabir, against increase in CNG prices. The court had issued notices to Federation of Pakistan and Ministry of Petroleum and Natural Gas but no one appeared before the court here on Wednesday.

Petrol price hiked again: Pakistan

Pages