The government last week marginally cut the natural gas price paid to producers to $2.48 per million British thermal unit (mbtu) effective for six months from April 1.

Still battling the fallout of last week’s steep Rs 7.54 a litre hike in petrol price, the government on Monday said it is not considering raising...

After a steep Rs 7.54 a litre hike in petrol prices, a high powered ministerial panel headed by finance minister Pranab Mukherjee may meet soon to...

The government will dole out Rs 38,500 crore additional cash subsidy to public sector oil companies as part of compensation for selling diesel,...

The petroleum ministry has sought cash subsidy of Rs 49,872 crore from the finance ministry to compensate state-owned oil firms for selling fuel at...

Asking various gas agencies in the city to stop illegal practices, Minister of Food and Supplies and Weights and Measures Department, Haroon Yusuf,...