Oil & Gas
Petrol now costs ₹99.41, diesel at ₹90.77 in Delhi
March 28, 2022
Petrol now costs ₹99.41, diesel at ₹90.77 in Delhi
Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase…
Petroleum Minister defends govt over fuel price hike
March 25, 2022
Petroleum Minister defends govt over fuel price hike
Petroleum Minister Hardeep Singh Puri on Thursday defended the government over the hike in fuel prices in the country, saying…
Petrol, diesel price hiked by 80 paise; LPG at record high after ₹50 rise
March 23, 2022
Petrol, diesel price hiked by 80 paise; LPG at record high after ₹50 rise
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each while domestic cooking gas LPG rates…
India’s import of Russian oil less than 1% of total: Puri
March 22, 2022
India’s import of Russian oil less than 1% of total: Puri
India buying more volumes of crude oil from Russia is still less than 1% of the total oil imports, while…
Diesel price for bulk users hiked ₹25/ltr
March 21, 2022
Diesel price for bulk users hiked ₹25/ltr
The price of diesel sold to bulk users has been hiked by about ₹25 per litre in line with a…
Flying to cost more, as jet fuel prices jump 18% on crude surge
March 17, 2022
Flying to cost more, as jet fuel prices jump 18% on crude surge
Air fares are set to rise sharply as jet fuel prices jumped 18% on Wednesday, marking the sharpest-ever increase, as…
Oil importers India, Thailand to be hit hardest by Ukraine crisis
March 17, 2022
Oil importers India, Thailand to be hit hardest by Ukraine crisis
Large oil importers like India and Thailand will be the most affected among Asia-Pacific countries by the ongoing Russia-Ukraine war,…
India taking up Russian discounted oil offer will not be US sanctions violation
March 16, 2022
India taking up Russian discounted oil offer will not be US sanctions violation
India taking up Russia’s offer of discounted crude oil would not be a violation of American sanctions, the White House…
Govt to make calibrated interventions to keep fuel prices under control
March 15, 2022
Govt to make calibrated interventions to keep fuel prices under control
The government on Tuesday said it is keeping a close watch on evolving geopolitical developments and would make ‘calibrated interventions’…
Retail fuel prices needs to be increased by 15% to reflect Int’l crude prices
March 15, 2022
Retail fuel prices needs to be increased by 15% to reflect Int’l crude prices
Retail fuel prices have not been marked to market for a few months and should be increased by approximately 15%…
India hopes for oil from Iran, Venezuela
March 15, 2022
India hopes for oil from Iran, Venezuela
India, the world’s third-largest energy-consuming and importing nation, is pinning hope on resumption of crude oil supplies from Venezuela and…
Iran ready to supply required oil for world market
March 14, 2022
Iran ready to supply required oil for world market
Mohsen Khojasteh Mehr, head of the National Iranian Oil Company (NIOC), has said that his country is ready to supply…
Bidding for DSF-III oil fields round to start on Apr 1: DGH
March 14, 2022
Bidding for DSF-III oil fields round to start on Apr 1: DGH
Bidding for 75 small and marginal oil and gas discoveries, mostly of ONGC, that are being offered in the DSF-III…
Centre monitoring fuel prices amid Russia-Ukraine war
March 12, 2022
Centre monitoring fuel prices amid Russia-Ukraine war
Union Minister Dr Bhagwat Karad said the Central government is monitoring the fuel prices in light of the Russia-Ukraine war…
Lanka IOC hikes retail prices of petrol & diesel yet again
March 11, 2022
Lanka IOC hikes retail prices of petrol & diesel yet again
Lanka Indian Oil Company (LIOC), the Sri Lanka IOC subsidiary of India’s oil major Indian Oil Corporation has hiked the…
Reliance sells CBM gas for over $23
March 11, 2022
Reliance sells CBM gas for over $23
Reliance Industries has sold natural gas produced from a coalfield in Madhya Pradesh for over $23 to firms, including GAIL,…
Putin says western sanctions will disrupt food, energy markets
March 11, 2022
Putin says western sanctions will disrupt food, energy markets
Russian President Vladimir Putin warned that Western penalties against Moscow for its military incursion in Ukraine would destabilise the global…
Haryana MSMEs to get 50% reimbursement of VAT on natural gas
March 9, 2022
Haryana MSMEs to get 50% reimbursement of VAT on natural gas
In order to provide some relief to industries in NCR where norms require them to shift to cleaner fuels, the…
Crude oil shoots higher on US Russian oil ban
March 9, 2022
Crude oil shoots higher on US Russian oil ban
Crude oil prices jumped while Asian stocks regained their footing on Wednesday as investors assessed the impact of a worsening…
FM expresses concern on rising oil prices
March 9, 2022
FM expresses concern on rising oil prices
Finance Minister Nirmala Sitharaman hinted that the current spike in international oil prices may upset provisions of her Union Budget…
Indian Oil to build more crude oil tanks at Adani’s Mundra port
March 9, 2022
Indian Oil to build more crude oil tanks at Adani’s Mundra port
Indian Oil Corporation (IOC), the nation’s largest oil firm, will build nine more storage tanks to stock an additional 10…
MEIL to commission 15 oil & gas rigs for ONGC by May
March 8, 2022
MEIL to commission 15 oil & gas rigs for ONGC by May
Megha Engineering and Infrastructures Limited (MEIL), which has secured an order from ONGC Limited to supply 47 oil and gas…
MEIL expedites rig delivery to ONGC
March 8, 2022
MEIL expedites rig delivery to ONGC
Megha Engineering and Infrastructures Limited (MEIL) has expedited the delivery of rigs and the handing over of a 2,000-HP land…
Petrol, diesel price increase on hold mode; CNG rates hiked
March 8, 2022
Petrol, diesel price increase on hold mode; CNG rates hiked
CNG price in the national capital and adjoining cities on Tuesday was hiked by ₹0.50/kg, while an imminent increase in…
Mega rise in petrol, diesel prices coming soon
March 8, 2022
Mega rise in petrol, diesel prices coming soon
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from…