The UPA Government has announced that it plans to trim down petrol and diesel prices further in the coming 2-3 weeks and also hinted at cutting down cooking gas prices between Rs 20-25 a cylinder.
Petroleum Minister Murli Deora did not divulge the time frame and extent of reduction in the fuel prices. "The price cut is under active consideration. In two to three weeks, a decision will be taken," Mr. Deora said.
Officials at state-run oil firms have announced to start nation wide strike from Wednesday. They are demanding high wages and incentives for officials working at various refineries of country. Around 45,000 executives of public sector oil companies would join the strike to convey their resentment against Luke warm attitude of government on wages issue.
Gujarat government has announced a new solar power policy for state to promote solar power generation as an alternative source of energy. The government would extend financial help to set up solar power units in the state and offer solar power generators (SPGs) at subsidized prices.
Alphageo (India) Ltd has secured a contract worth Rs 37 crore from Hindustan Oil Exploration Company Limited (HOEC) for acquisition of Seismic Data in State of Assam.
Moscow - Russia has rediscovered its image as a hungry bear as it blunders too far in the latest gas spat with Ukraine, forcing Europe from its benign disregard as temperatures plunge below zero.
The 2009 version of Russian export monopoly Gazprom's gas cuts is different from the 2006 standoff. Like so much else, it must be viewed through the prism of the global financial crisis and the critical blows this has dealt to the two warring parties.
The European Union on Wednesday warned Russia and Ukraine that they face long-term consequences unless they immediately resolve a dispute that has cut gas supplies to Europe and left some countries struggling to heat up homes over the winter.
"If the transit (of Russian gas through Ukraine) does not go as normal, we will have a real problem", and the EU will have to conclude that "we no longer consider the supply of gas from Russia through Ukraine as credible," said European Commission President Jose Manuel Barroso.
The UPA Government has announced that it plans to trim down petrol and diesel prices further in the coming 2-3 weeks and also hinted at cutting down cooking gas prices between Rs 20-25 a cylinder.
Gujarat government has announced a new solar power policy for state to promote solar power generation as an alternative source of energy. The government would extend financial help to set up solar power units in the state and offer solar power generators (SPGs) at subsidized prices.
Moscow - Russia has rediscovered its image as a hungry bear as it blunders too far in the latest gas spat with Ukraine, forcing Europe from its benign disregard as temperatures plunge below zero.
The European Union on Wednesday warned Russia and Ukraine that they face long-term consequences unless they immediately resolve a dispute that has cut gas supplies to Europe and left some countries struggling to heat up homes over the winter.
