Oil & Gas

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…
Diesel at record high, petrol nears all-time high after hike

Diesel at record high, petrol nears all-time high after hike

Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and…
Rajasthan CM urges Centre to reduce various fuel taxes

Rajasthan CM urges Centre to reduce various fuel taxes

Rajasthan Chief Minister Ashok Gehlot demanded the Centre reduce various types of taxes on fuel to give relief to common…
Petrol, diesel prices hiked as crude nears $80/barrel

Petrol, diesel prices hiked as crude nears $80/barrel

Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices…
Diesel price up by 70 paise per litre in four days

Diesel price up by 70 paise per litre in four days

Diesel price was hiked by 25 paise per litre, the third increase since last week and more rate hikes for…
BPCL to invest ₹1 lakh cr to prepare for future

BPCL to invest ₹1 lakh cr to prepare for future

Bharat Petroleum Corporation Ltd (BPCL) plans to invest over ₹1 lakh crore over the next five years in raising petrochemical…
Diesel price hiked consecutively for second day

Diesel price hiked consecutively for second day

Diesel price was hiked by 25 paise per litre, the third time rates have increased since last week, negating more…
Centre approves ₹1L cr for oil, gas projects in NE: Puri

Centre approves ₹1L cr for oil, gas projects in NE: Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said the Centre has approved ₹1 lakh crore for…
ONGC puts second well in KG block to production

ONGC puts second well in KG block to production

Oil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, has put a second well in its promising…
MoPNG to organize interactive meet with business leaders

MoPNG to organize interactive meet with business leaders

As part of the Government’s E&P industry outreach programme, an interactive meet with industry and business leaders is scheduled on…
OVL seeks 2-yr extension for exploring Vietnamese oil block

OVL seeks 2-yr extension for exploring Vietnamese oil block

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), has for the seventh time sought an…
OIL organizes study visit for students to a Sucker Rod Pump

OIL organizes study visit for students to a Sucker Rod Pump

Oil India Limited (OIL), India’s second largest National Exploration & Production Company, organised a study visit for school students to…
Fuel prices hike in Kabul due to overcharging

Fuel prices hike in Kabul due to overcharging

Fuel prices have risen in Afghanistan's Kabul over the last week and locals have urged the Taliban-led government to step…
OMCs get good response to ethanol procurement tender

OMCs get good response to ethanol procurement tender

State-owned fuel retailing firms have received an overwhelming response to the tender they floated for buying ethanol for mixing in…
PNGRB invites bids for city gas licence for 65 GAs

PNGRB invites bids for city gas licence for 65 GAs

Oil regulator PNGRB invited bids for giving out city gas retailing licence in 65 geographical areas (GAs) including Jammu, Nagpur,…
Petrol, diesel prices set to rise as international oil rates surge

Petrol, diesel prices set to rise as international oil rates surge

A surge in international oil prices may translate into an increase in the retail selling price of petrol and diesel…
Petroleum products not to be included under GST: FM

Petroleum products not to be included under GST: FM

Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman.
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