Reliance mulls Rs. 3000 crore JV with Venezuela's Pequiven Reliance Industries is reportedly in talks with Venezuela's state-owned Pequiven to form a joint venture to manufacture plastics, resins and other petrochemicals from refinery by-products. 05 Jul 2006
India Kuwait to boost bilateral trade, ink three pacts India and Kuwait have promised to boost bilateral trade between the two nations and have signed three agreements - on avoidance of double taxation, cooperation in drugs and narcotics control and boosting cultural ties - and have decided to cooperate more in oil sector for mutual benefits. 20 Jun 2006
204.
States control fuel price hike by slashing sales tax Across India, several states including Andhra Pradesh, Maharashtra, Tamil Nadu, Goa and Delhi have come to the rescue of common man by slahing the sale tax on fuel prices, and moderating the impact of the hike in fuel prices. 20 Jun 2006
205.
Fuel price hike imminent, decision next week Petroleum Minister, Murli Deora, has urged the Prime Minister Dr. Manmohan Singh to intervene and save public sector oil companies from bankruptcy, in the wake of the rising price of crude oil globally. 02 Jun 2006
206.
Reliance oil outlets hike petroleum prices In the wake of the global surge in crude oil prices, Reliance Industries Limited (RIL) has decided to increase the retail price of petrol sold in its outlets by Rs. 2.6 to Rs. 2.9 per litre. The price increase came into effect from midnight, May 11. 13 May 2006
207.
Indian economy to grow by 8 percent till 2008: U.N. Report Supported by expansion of the agricultural sector by 2.5-3.0 percent, 8 percent growth in industry and 8.5 percent in services, India should be able to sustain a stable GDP growth rate of 8 percent for the next two years, a report by the United Nations' Economic and Social Commission for Asia and the Pacific (ESCAP) has stated. 05 May 2006
208.
Reliance Energy scouts partner in oil hunt Anil Ambani-controlled Reliance Energy is scouting for partners with experience as operators in oil and gas exploration for striking a strategic alliance to bid for blocks under the new exploration and licencing policy (NELP) VI. 30 Apr 2006
209.
ONGC eyes HPCL's stake in Mangalore Refinery India's largest oil exploration company, the Oil and Natural Gas Corporation (ONGC), is eyeing Hindustan Petroleum Corporation's (HPCL) 16.97 percent stake in its subsidiary, Mangalore Refinery and Petrochemicals Ltd. 30 Apr 2006
210.
Nepal Govt. in crisis, owes Indian Oil Corporation millions of dollars The small Hindu kingdom of Nepal, which is going through its worst political crisis, may also face financial crisis with its dues to Indian oil major, Indian Oil Corporation (IOC) running into millions of dollars. 28 Apr 2006
