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
212.
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
213.
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
214.
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
215.
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
216.
RIL seeking tie-up with Pemex of Mexico Mukesh Ambani controlled Reliance Industries Limited (RIL) has announced that it is in advanced stage of negotiations with Mexican oil giant Petroleos Mexicanos (Pemex) for cooperation in exploration and development of oil and gas fields in shallow and deep- waters of the Gulf of Mexico. 14 Apr 2006
217.
India's oil bill jumps 48 percent to $ 43 bn India's oil import bill has jumped 48 percent to $ 43 billion in 2005-06 owing to high global oil prices, Union Commerce Minister, Kamal Nath, has announced. 14 Apr 2006
218.
India's oil bill jumps 48 percent to $ 43 billion India's oil import bill has jumped 48 percent to $ 43 billion in 2005-06 owing to high global oil prices, Union Commerce Minister, Kamal Nath, has announced. 14 Apr 2006
Kremlin envoy opposes new pipeline Moscow, Russia - The Kremlin's top representative in Siberia voiced opposition to the route of a planned oil pipeline that would run less than a kilometer (1/2-mile) from the world's largest freshwater body, the Vedomosti business daily has reported. 11 Apr 2006
