Oil & Gas

Ship-to-Ship operation of LPG undertaken at SPM Port

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
Petrol, diesel prices hike again as crude oil nears 3 year high

Petrol, diesel prices hike again as crude oil nears 3 year high

Petrol and diesel prices soared to new record highs across the country on Saturday after rates were hiked again by…
CNG, PNG prices hiked by Indraprastha Gas

CNG, PNG prices hiked by Indraprastha Gas

CNG price in the national capital was increased by ₹2.28 per kg and piped cooking gas supplied to households by…
OVL begins exploratory drilling in Bangladesh

OVL begins exploratory drilling in Bangladesh

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), on Thursday said it has…
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