Search for Oil Ministry

12.05.2014 India’s RIL says gas price revision delay may stall investment

With the Oil Ministry indicating that a new gas price may be delayed by a quarter, Reliance Industries has said the postponement may stall $4 billion of investment in KG-D6 block's second-biggest gas field, Business Standard reported on May 9.

22.11.2013 Indian Oil to Dilute Share in ONGC

State-owned refiner Indian Oil Corporation (IOC) has sought the oil ministry’s approval to dilute a portion of its stake in ONGC, the Indian newspaper Telegraph reported on November 21.

07.11.2013 Iran to Boost Oil Exports

Iranian oil exports should increase because of the national capacity to produce oil products, UPI reported on November 6, citing a director the National Iranian Oil Co.