India's ministry of petroleum and natural gas (MoPNG) on Sunday rejected reports that Bhutan had refused to import India's E20 petrol, asserting that no Indian oil marketing company (OMC) had ever offered to export the fuel to the Himalayan kingdom and that “there is no proposal” for such exports. »»»

The petroleum minister has called an emergency meeting on Tuesday following an oil industry protest over a unilateral change in the pricing formula that led to Rs104 billion in losses. The Oil Companies Advisory Council (OCAC) approached the minister to hold an urgent meeting over the formula, whic»»»