Page 112 - Shine Jacob

Excise duty on fuel lowered by Rs 2 but road cess raised to Rs 8 from Rs 6

This comes at a time when the petrol and diesel prices are touching new heights

India gets cheapest LNG as Russia's Gazprom begins supplies

Indian companies have made an investment of more than $10 billion in acquiring varying stakes in strategic Russian projects Sakhalin-1, Vankorneft and Taas-Yuryakh

To keep fuel rate in check, ONGC may get dividend waiver for price freeze

The plan to place a part of the oil price burden on ONGC has been doing the rounds for some time

Venezuela offers India 30% discount on crude but with cryptocurrency rider

Offers 30% discount on crude oil purchases made in Petro

PM Modi bats for responsible energy pricing by oil producing countries

At the 16th International Energy Forum, he said that artificially distorting the price was self-defeating

Saudi Aramco to take 50% stake in India's Rs 3-trn West Coast refinery

Saudi Arabia has traditionally been India's largest oil supplier, but in April-Jan period in 2016-17, Iraq replaced it

Kuwait Petroleum Corporation to soon buy stake in an India refinery

Earlier this month, the world's largest oil company, Saudi Aramco, had entered into an agreement for taking a stake in the refinery

Indian Railways wagon procurement to run on reverse auction track

The Railways had decided to go for reverse auction process from April 1 this year for high-value items

PM Modi to inaugurate IEF international energy meet in Delhi tomorrow

The consumer nations are likely to raise issues regarding "Asian premium" and crude prices before the 92 participating countries, which include all the producer nations as well

After many delays, Railways' 3,342-km freight corridor sees last-mile spurt

Twelve years later, the project is waiting for its formal commercial launch

Overtime at LPG bottling plants raises safety concerns in the industry

Industry sources say because of higher demand, there is increasing pressure on these plants to work overtime

600 railway stations may bear the stamp of India's top architects soon

Hafeez Contractor, Kukreja roped in; 11 architects to be empanelled

India, China to fuel 50% of rise in global oil demand in 5 years, says IEA

According to IEA, demand is expected to grow at an annual rate of 1.2 million barrels per day (mbd) until 2023, as the oil demand would reach 104.7 mbd, up by 6.9 mb day from 2018

BS-VI not to be the end of road for branded fuel sold by OMCs

In fact, they see sales rising further, will aggressively market these fuels laden with imported additives that improve driving experience and reduce emissions

ONGC, OIL may get to choose partners by auctioning in select blocks

However, ONGC's resistance to the inclusion of Bassein, India's largest gas field, remains a hurdle

Rashtrapati Bhawan to host the Pradhan Mantri LPG Panchayat on Tuesday

So far more than 33.6 million LPG consumers across 712 districts have been registered under the ambitious LPG scheme

ONGC Q3 net up 15% to Rs 50 bn from Rs 44 bn; crude oil production down 1%

The company's total crude oil production dropped by 1% from 6.4 million tonnes during the third quarter last year to 6.3 MT this year

HPCL Q3 profit up 23% to Rs 19.5 bn on improved gross refinery margins

The company's gross sales during October to December quarter of 2017-18 was seen at Rs 628.32 bn

Indian Railways needs more private involvement in the sector: Piyush Goyal

He says he is looking at more effective utilisation of our time and tracks

Budget draws 'safety first' strategy for railways with largest ever capex

The Budget 2018 lays an increased emphasis on expanding the suburban railway of Mumbai by 90 kilometres and that of Bengaluru by 110 kilometres