Oil & Gas
Cairn inks pact to sell 1 lakh SCMD gas to Assam Gas Company
December 17, 2021
Cairn inks pact to sell 1 lakh SCMD gas to Assam Gas Company
Cairn Oil and Gas on Thursday announced that it will sell one lakh standard cubic meters per day (SCMD) of…
Centre to release 5 million barrels oil from strategic reserves
December 14, 2021
Centre to release 5 million barrels oil from strategic reserves
The government has agreed to release 5 million barrels of crude oil from its strategic petroleum reserves in consultation with…
Industrial units in Delhi have switched to clean fuels
December 14, 2021
Industrial units in Delhi have switched to clean fuels
Complying with the Commission for Air Quality Management’s (CAQM) direction, all 1,636 industrial units that were re-inspected twice in the…
ONGC seeks minimum $4 for CBM gas
December 12, 2021
ONGC seeks minimum $4 for CBM gas
India’s top oil and gas producer ONGC is seeking a minimum price of $3.5-4 for the natural gas it plans…
Indian Oil Skytanking to set up fuel farm at Noida Airport
December 8, 2021
Indian Oil Skytanking to set up fuel farm at Noida Airport
Noida International Airport has awarded Indian Oil Skytanking Ltd (IOSL) a 30-year concession to design, build, and operate fuel infrastructure,…
Stepping up ethanol production may reduce crude oil import: Modi
December 8, 2021
Stepping up ethanol production may reduce crude oil import: Modi
Prime Minister Narendra Modi said stepping up ethanol production can help reduce the import of crude oil and prove to…
IOC renews deal to buy up to 2 MT of oil from Rosneft
December 7, 2021
IOC renews deal to buy up to 2 MT of oil from Rosneft
Indian Oil Corporation (IOC), the nation’s largest oil firm, has renewed a deal to buy up to 2 million tonnes…
Putin lauds India as energy, military ties bolstered
December 7, 2021
Putin lauds India as energy, military ties bolstered
Russian President Vladimir Putin lauded India as a great power in New Delhi on Monday as the traditional allies bolstered…
Commercial LPG gas cylinder price hiked by ₹100 in Delhi
December 2, 2021
Commercial LPG gas cylinder price hiked by ₹100 in Delhi
The national oil marketing companies have increased the price of commercial 19kg LPG cylinder by ₹100.50, taking the new price…
India committed to timely complete Mongolia oil refinery project
December 2, 2021
India committed to timely complete Mongolia oil refinery project
President Ram Nath Kovind on Wednesday said India is fully committed to the timely completion of an oil refinery project…
Global jet fuel demand under pressure from Omicron
December 1, 2021
Global jet fuel demand under pressure from Omicron
Global jet fuel markets stayed under pressure on Tuesday as more countries expanded border restrictions to keep the new Omicron…
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- 09:30Â 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…
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…
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,…
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…