A Ministry of Petroleum or Ministry of Oil is a kind of government ministry often found in countries that are producers and exporters of petroleum... (wikipedia)
The Prime Minister has directed that we should make efforts to have a public awareness campaign on conservation.
We are committed to making the project happen as we need the gas from Iran and we will continue to pursue the pipeline project.
We plan to finalize award of blocks to successful bidders by Nov. 15 and sign production sharing contracts with them by Jan. 15 next year.
We are meeting representatives of BP in an effort to convince them not to withdraw from the joint venture.
We have 90-days to get necessary official approvals to join the project. Once approved by the Cabinet, the project will be renamed TAPI (Turkmenistan-Afghanistan-Pakistan-India pipeline).
The upcoming IAEA vote affects the petroleum ministry more than any other ministry as it has a direct impact on energy security of the country.
This is a major step towards expanding the sphere of CBM exploration and production in India.
There will be no change in prices at the consumer end.
The finance minister agreed that the public sector units cannot be allowed to bleed further.