Oil & Gas
Lanka IOC urges SL Government to hike fuel prices
October 19, 2021
Lanka IOC urges SL Government to hike fuel prices
Lanka IOC (LIOC), the subsidiary of Indian Oil Corporation in Sri Lanka on Monday urged the government to approve a…
India has right to 30% stake in Iranian gas field
October 18, 2021
India has right to 30% stake in Iranian gas field
An Indian consortium led by ONGC Videsh Ltd contractually has a right to take a 30% interest in the Farzad-B…
Petrol, diesel price hiked again by 35 paise
October 18, 2021
Petrol, diesel price hiked again by 35 paise
Petrol and diesel price on Sunday was hiked again by 35 paise a litre and the auto fuels now cost…
Ship-to-Ship operation of LPG undertaken at SPM Port
October 17, 2021
Ship-to-Ship operation of LPG undertaken at SPM Port
The restricted draft in the river channel necessitates offloading of part cargo at neighbouring ports before calling at Haldia Dock…
Petrol, diesel prices rally to highest ever levels
October 16, 2021
Petrol, diesel prices rally to highest ever levels
Petrol and diesel prices on Friday rallied to their highest ever levels across the country, as fuel rates were hiked…
Petrol, diesel prices hiked again for a new high
October 14, 2021
Petrol, diesel prices hiked again for a new high
After two days of lull, petrol and diesel price on Thursday was again hiked by 35 paise per litre, sending…
Only 3 bidders for 21 oil, gas blocks
October 13, 2021
Only 3 bidders for 21 oil, gas blocks
India’s latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers…
Gadkari emphasizes on adoption of alternative fuels
October 12, 2021
Gadkari emphasizes on adoption of alternative fuels
Nitin Gadkari has emphasized on adoption of alternative fuels which will be import substitute, cost-effective, pollution-free, and indigenous and discouraged…
Indian Oil defers maintenance shutdown at Haldia
October 12, 2021
Indian Oil defers maintenance shutdown at Haldia
Indian Oil Corp has deferred a maintenance shutdown at the 1,60,000 barrel-per-day (bpd) Haldia refinery by at least 15 days…
Oil drives Indian rupee lowest since July 2020
October 11, 2021
Oil drives Indian rupee lowest since July 2020
Indian bond yields hit their highest levels in nearly 18 months while the rupee fell to its lowest level since…
Diesel hits ₹100 mark in Kerala, Karnataka
October 11, 2021
Diesel hits ₹100 mark in Kerala, Karnataka
Diesel price on Monday breached the ₹100-a-litre mark in Kerala and Karnataka as fuel prices were hiked again to align…
New petrol pumps to set up EV charging, CNG outlets
October 10, 2021
New petrol pumps to set up EV charging, CNG outlets
India's new liberalised petrol pump licensing norms allow setting up of EV charging stations and CNG outlets even before the…
Petrol, diesel prices rise again on fresh surge in crude prices
October 9, 2021
Petrol, diesel prices rise again on fresh surge in crude prices
Prices of auto fuels petrol and diesel rose on Friday too as global oil surged again, with benchmark Brent crude…
Diesel crosses ₹100 mark in Mumbai as fuel prices go up
October 9, 2021
Diesel crosses ₹100 mark in Mumbai as fuel prices go up
Mumbai on Saturday became the first metro city in the country to see diesel prices cross the ₹100 per litre…
Ethanol blending with petrol seen at 8.3% in 2020-21
October 9, 2021
Ethanol blending with petrol seen at 8.3% in 2020-21
Ethanol blending with petrol has been achieved in all the states and UTs, and is likely to touch around 8.3%…
Crude oil dips on weak spot demand
October 7, 2021
Crude oil dips on weak spot demand
Crude oil prices on Thursday fell ₹154 to ₹5,662 per barrel after participants cut their positions. On the Multi Commodity…
Petrol, diesel prices rise even as global oil softens
October 7, 2021
Petrol, diesel prices rise even as global oil softens
Prices of auto fuels petrol and diesel rose sharply on Thursday even though global oil showed signs of softening with…
IOC to set up new research centre in Faridabad
October 7, 2021
IOC to set up new research centre in Faridabad
Oil major Indian Oil Corporation Ltd (IOC) will set up a new research and development (R&D) centre at an outlay…
LPG price hiked by ₹15 per cylinder
October 6, 2021
LPG price hiked by ₹15 per cylinder
Cooking gas LPG price on Wednesday was hiked by ₹15 per cylinder in line with a surge in international fuel…
Petrol, diesel prices rise sharply as global oil climb continues
October 6, 2021
Petrol, diesel prices rise sharply as global oil climb continues
Prices of auto fuels petrol and diesel rose sharply on Wednesday as global oil prices remained firm with benchmark crude…
India left with few options as international oil prices surge
October 5, 2021
India left with few options as international oil prices surge
As the world's third-largest oil importer and consumer, India is running out of options as the relentless surge in international…
Torrent Gas begins gas supply in Gorakhpur
October 4, 2021
Torrent Gas begins gas supply in Gorakhpur
Torrent Gas Ltd said it has commenced supply of natural gas to domestic households and industries in Uttar Pradesh's Gorakhpur…
Oil companies moderate price hikes to cushion consumers
October 4, 2021
Oil companies moderate price hikes to cushion consumers
Petrol and diesel prices were hiked again on Sunday to send rates soaring to new record highs across the country…
Gas price may see surge upsetting CNG, PNG rates
October 4, 2021
Gas price may see surge upsetting CNG, PNG rates
After the crude oil surge, global gas prices are expected to soar this year, putting consumers in India at the…
Accelerating fuel prices increase demand for CNG vehicles
October 3, 2021
Accelerating fuel prices increase demand for CNG vehicles
Rising fuel prices have accelerated demand for CNG vehicles in the country. Accordingly, the availability of CNG in more cities…