Oil & Gas
Govt’s excise mop-up from petrol, diesel doubles in FY21
November 30, 2021
Govt’s excise mop-up from petrol, diesel doubles in FY21
The central government’s mop-up from excise duty levied on petrol and diesel more than doubled to ₹3.72 lakh crore in…
Will make flex-fuel engines mandatory for carmakers: Gadkari
November 30, 2021
Will make flex-fuel engines mandatory for carmakers: Gadkari
Union minister Nitin Gadkari said he would issue an order in the next two-three days to make it mandatory for…
Indian Bio-Jet fuel technology receives Military certification
November 29, 2021
Indian Bio-Jet fuel technology receives Military certification
CSIR-IIP Dehradun’s home-grown technology to produce bio-jet fuel has been formally approved for use on military aircraft of the Indian…
Emissions & foreign exchange savings due to ethanol
November 29, 2021
Emissions & foreign exchange savings due to ethanol
Minister of State for Petroleum and Natural Gas, Rameswar Teli in reply in the Rajya Sabha informed that Under the…
Petrol, diesel price to fall on sustained drop
November 29, 2021
Petrol, diesel price to fall on sustained drop
Date- 29 Nov Time- 09:30 AM Cat- Oil & GasPetrol and diesel prices will be reduced only if the current drop…
Mahanagar Gas hikes gas prices for third time in 6 weeks
November 27, 2021
Mahanagar Gas hikes gas prices for third time in 6 weeks
For the third time in barely six weeks, the Mahanagar Gas Ltd has hiked the prices of CNG and PNG…
Mathura refinery gets green nod for expansion project
November 27, 2021
Mathura refinery gets green nod for expansion project
Indian Oil Corporation’s Mathura refinery has received environmental clearance for projects to expand its crude processing capacity to 11 mmtpa,…
IBA asks MNRE to continue waste to energy scheme
November 26, 2021
IBA asks MNRE to continue waste to energy scheme
The Indian Biogas Association has asked the Ministry of New & Renewable Energy (MNRE) to continue the waste to energy…
Reliance to restructure, repurpose gasification assets
November 25, 2021
Reliance to restructure, repurpose gasification assets
Reliance Industries board decided to implement a ‘Scheme of Arrangement’ to transfer the ‘Gasification’ undertaking into a wholly-owned subsidiary. “RIL…
India’s crude oil production falls 2.15% in October
November 24, 2021
India’s crude oil production falls 2.15% in October
India’s crude oil production fell 2.15% in October as state-owned firms produced less but, natural gas output rose by a…
US extends support to India’s 20% Ethanol blending target
November 24, 2021
US extends support to India’s 20% Ethanol blending target
At the twelfth ministerial-level meeting of the India-United States Trade Policy Forum (TPF) in New Delhi on Tuesday, the US…
India to release 5 mn barrel crude oil from strategic reserves
November 23, 2021
India to release 5 mn barrel crude oil from strategic reserves
India plans to release about 5 million barrels of crude oil from its emergency stockpile in tandem with the US,…
Chhattisgarh announces reduction of VAT on petrol, diesel
November 23, 2021
Chhattisgarh announces reduction of VAT on petrol, diesel
The Chhattisgarh government decided to reduce Value Added Tax (VAT) on petrol and diesel by 1 per cent and 2…
Govt to exceed FY22 tax collection target: Revenue Secy
November 22, 2021
Govt to exceed FY22 tax collection target: Revenue Secy
With the net direct tax collection till October closing in on ₹6 lakh crore and average monthly GST mop-up likely…
ONGC Union upset over proposal to give away Mumbai High
November 22, 2021
ONGC Union upset over proposal to give away Mumbai High
Petroleum Ministry’s proposal to give away ONGC’s biggest oil and gas fields to foreign companies has met with strong resistance…
Purefuel Energy to launch fully compliant bio-diesel stations
November 19, 2021
Purefuel Energy to launch fully compliant bio-diesel stations
India is one of the countries with a very high price of diesel which results in spending way too much…
Rajasthan cuts petrol price by ₹4/litre, diesel by ₹5 litre
November 17, 2021
Rajasthan cuts petrol price by ₹4/litre, diesel by ₹5 litre
Amid pressure to reduce VAT after reduction in excise duty by the Centre on petrol and diesel, the Congress government…
Cairn, Halliburton to raise offshore reserve base in Rajasthan
November 17, 2021
Cairn, Halliburton to raise offshore reserve base in Rajasthan
Cairn Oil & Gas announced entering into a technical partnership with US-based Halliburton Company for raising 10-folds the reserve base…
Sri Lanka shuts its only oil refinery to manage forex crisis
November 17, 2021
Sri Lanka shuts its only oil refinery to manage forex crisis
Sri Lanka has temporarily shut its only oil refinery as part of efforts to manage dwindling foreign exchange reserves, the…
India to pitch for global investments at Dubai Expo
November 16, 2021
India to pitch for global investments at Dubai Expo
India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, will address global investors at a round table on Wednesday…
India to step up oil exploration, production in very big way
November 15, 2021
India to step up oil exploration, production in very big way
India will have massive additional areas for oil exploration and production by 2025, said Hardeep Singh Puri, Union Minister of…
Oil India, IIT-G to boost technology in energy sector
November 13, 2021
Oil India, IIT-G to boost technology in energy sector
Indian Institute of Technology (IIT), Guwahati, and Oil India Ltd (OIL) will be collaborating for the development and introduction of…
Pakistan expected to be hit by major gas crisis in winter
November 12, 2021
Pakistan expected to be hit by major gas crisis in winter
The Pakistan government has decided to continue gas supply to the power and fertiliser sectors, while domestic and industrial consumers…
Cabinet approves ethanol price hike by up to ₹1.47/litre
November 10, 2021
Cabinet approves ethanol price hike by up to ₹1.47/litre
The government on Wednesday hiked the price of ethanol extracted from sugarcane for blending in petrol by up to ₹1.47…
Oil PSUs to set up 22,000 EV charging stations
November 10, 2021
Oil PSUs to set up 22,000 EV charging stations
Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over…