Petrol Price May Go Up By Rs 4.7, Diesel By Rs 2.3 Within Weeks
Our Bureau NEW DELHI

THE government may take a decision on freeing petrol and diesel prices after the Kirit Parikh committee on rationalising fuel subsidies submits its report this week, oil minister Murli Deora said.

New Delhi: State-run oilmarketing companies led the government up the garden path on the issue of green fuels by telling the oil ministry till the very end 2009 that they were ready to meet the April 1, 2010, deadline for introducing Euro-III petrol and diesel throughout the country

THE finance ministry is unwilling to pay the entire Rs 31,700 crore demanded as compensation by the petroleum ministry on behalf of the state-owned oil companies

Voluntary organisation Friends of Assam and Seven Sisters (FASS) has embarked on another mission to facilitate public consultation in an organised manner to guide the Petroleum industry of the NE region towards developmental and pro-people activities.

Prabha Jagannathan NEW DELHI

In Charge Of New Fuel Pricing Mechanism, Kirit Parikh Favours Bonds For Pvt Cos On Par With Govt Firms
Supriya Shrinate ET NOW

NEW DELHI: State-owned oil companies will pay Rs. 27 a litre, or 25 per cent higher from the existing level, for buying ethanol from sugar mills for blending with petrol, it is learnt.

To Fund Rs 7k-Cr Project With Rs 5,000-Cr Loan & Rs 2,000-Cr Rights Issue

PETRONET LNG, the largest importer of chilled gas (imported as liquefied natural gas in tankers), is set to diversify downstream and set up two power plants. It is also planning a right issue to part fund the projects.

In a new development to the on-going gas sharing dispute between the Ambani brothers, the UPA government on Friday apprehended before the Supreme Court that the Bombay High Court

New Delhi: The government may increase the price of petrol by Rs 2 a litre and that of diesel by Re 1 per litre unless excise duty on the two fuels are cut to neutralise the impact of firming international oil rates.