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Moily walks the talk: takes Metro to office to save fuel

Last Updated: Wednesday, October 09, 2013, 13:36

Leading by example, Oil Minister M Veerappa Moily today took the metro to office as part of his drive to promote fuel conservation and help cut India's massive oil import bill.

India eyes diesel price rise, fuel consumption curbs

Last Updated: Friday, September 06, 2013, 11:50

The world's fourth-biggest energy user is widely expected to announce a steep hike in diesel prices soon, as it looks to cut oil costs by nearly USD 20 billion.

Petrol pump curfew: 5 reasons why you shouldn’t care

Last Updated: Monday, September 02, 2013, 11:35

Although, government has not made any final decision yet, you should be prepared for the worst.

No decision on shutting petrol pumps at night: Moily

Last Updated: Monday, September 02, 2013, 11:01

Moily said he wants to make the people aware that the country imports 80 percent of its oil needs and fuel should be conserved because the country cannot afford to keep shelling out USD 170 billion year after year.

Govt mulling proposal to shut petrol pumps at night

Last Updated: Sunday, September 01, 2013, 20:17

His ministry plans to launch a massive fuel conservation drive from September 16 to cut fuel demand by 3 percent and save an estimated Rs 16,000 crore or USD 2.5 billion in forex outgo.

Moily meets Chidambaram to discuss ways to cut oil import bill

Last Updated: Thursday, August 29, 2013, 18:05

With fall in rupee value and the Syrian crisis ballooning oil import bill, Petroleum Minister M Veerappa Moily on Thursday met Finance Minister P Chidambaram to discuss possible solutions including Rs 3-4 per litre hike in diesel prices and cut in duties.

Oil Minister says 'immediate' need to hike fuel prices

Last Updated: Tuesday, May 22, 2012, 18:27

With rupee depreciation leading to jump in oil import bill, Petroleum Minister S Jaipal Reddy on Tuesday said there is an immediate need to raise fuel prices, but refused to say when the hike will actually take place.