Oil & Gas

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.
19 injured in blast in Indian Oil’s Barauni refinery

19 injured in blast in Indian Oil’s Barauni refinery

At least 19 workers were injured on Thursday in a blast in the refinery of Indian Oil Corporation Limited (IOCL)…
Biofuel manufacturing, sand mining policy to boost WB

Biofuel manufacturing, sand mining policy to boost WB

West Bengal government made a slew of announcements aimed at giving a fillip to industry, including proposals for manufacturing biofuel,…
Trust between govt, industry critical to leverage opportunities

Trust between govt, industry critical to leverage opportunities

Finance minister Nirmala Sitharaman on Monday said that the trust between government and industry is critical for leveraging the opportunities…
Petronet looks to foray into petrochemical business

Petronet looks to foray into petrochemical business

Petronet LNG is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the…
Vedanta seeks premium over govt rates from Assam block

Vedanta seeks premium over govt rates from Assam block

Vedanta Ltd is seeking a premium of at least $1 over the government-mandated price for the natural gas it plans…
India, US to collaborate on emerging fuels

India, US to collaborate on emerging fuels

India and the US have agreed to expand their energy partnership by adding emerging fuels to the list of areas…
LNG regasification operable capacity to rise by 12 mmtpa

LNG regasification operable capacity to rise by 12 mmtpa

India's LNG regasification operable capacity is expected to rise by 12 mmtpa due to removal of constraints at existing LNG…
Fuel demand jumps 11% in August to 16 MT

Fuel demand jumps 11% in August to 16 MT

India's fuel demand soared almost 11% in August when compared with the same month last year but lower than the…
Oman warns of $200 oil in a dig at IEA’s climate advice

Oman warns of $200 oil in a dig at IEA’s climate advice

Oil producer Oman warned that crude prices could soar to $200 a barrel as it criticised the International Energy Agency's…
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