Oil & Gas

Blending of biodiesel in diesel in India is less than 0.1%

Blending of biodiesel in diesel in India is less than 0.1%

The present percentage of blending of biodiesel in diesel is less than 0.1 per cent, the government informed the Lok…
Gautam Adani floats company to foray into petrochemicals

Gautam Adani floats company to foray into petrochemicals

Gautam Adani's ports-to-energy conglomerate has floated a new subsidiary that will set up refineries, petrochemical complexes and hydrogen plants businesses
Hardeep Singh Puri launches DSF Bid Round-III

Hardeep Singh Puri launches DSF Bid Round-III

Minister of Petroleum and Natural Gas Hardeep Singh Puri launched the Discovered Small Field (DSF) Bid Round-III.
India seeks reasonable price from oil producers

India seeks reasonable price from oil producers

India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
Torrent Gas plans Rs 10,000 crore capex in 5 years

Torrent Gas plans Rs 10,000 crore capex in 5 years

Torrent Gas, part of the USD 3 billion Torrent Group, has drawn up a Rs 10,000 crore capital expenditure plan…
Govt confirms French court order against Indian assets

Govt confirms French court order against Indian assets

government confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by…
Government starts justifying high central tax on petrol, diesel

Government starts justifying high central tax on petrol, diesel

The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for…
Prompt action by ONGC prevents a major mishap

Prompt action by ONGC prevents a major mishap

Prompt action by state-owned ONGC with assistance from the Coast Guard averted the collision of an empty LPG tanker, that…
6.5 MMT storage to be added under phase-2 of SPR

6.5 MMT storage to be added under phase-2 of SPR

Under Phase II of the petroleum reserve programme, Government has given approval in July 2021 for establishing two additional commercial-cum-strategic…
33,764 km gas pipeline network for national gas grid

33,764 km gas pipeline network for national gas grid

PNGRB has authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national…
Kerala vet gets patent for biodiesel from chicken waste

Kerala vet gets patent for biodiesel from chicken waste

After waiting for more than seven years, John Abraham, a veterinary-doctor-turned-inventor, has finally received the patents for inventing biodiesel from…
Israel freezes oil deal with UAE over environmental concerns

Israel freezes oil deal with UAE over environmental concerns

Israel's environmental protection ministry said Sunday it was delaying implementation of a proposed oil transport deal with the United Arab…
India’s gas production jumps 19.5% in June

India’s gas production jumps 19.5% in June

India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output…
Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr

Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr

The union government's tax collections on petrol and diesel jumped by 88% to Rs 3.35 lakh crore in the year…
OPEC, allies reach agreement after row over production

OPEC, allies reach agreement after row over production

The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a full agreement…
Puri conveys concerns over high oil prices to Saudi, UAE

Puri conveys concerns over high oil prices to Saudi, UAE

Hardeep Singh Puri has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the…
MGL hikes CNG & domestic PNG prices again

MGL hikes CNG & domestic PNG prices again

For the second time in six months, the Mahanagar Gas Ltd on Tuesday announced hike in prices of Compressed Natural…
Centre sitting on Rs 25 lakh cr fuel tax: Kharge

Centre sitting on Rs 25 lakh cr fuel tax: Kharge

Congress leader Mallikarjun Kharge alleged the Centre had collected Rs 25 lakh crore through fuel tax but it is neither…
ISGF & NGS jointly launch India City Gas Distribution forum

ISGF & NGS jointly launch India City Gas Distribution forum

Government of India has set the target of 15% gas-based economy by 2030 and licenses have been issued for City…
Petrol rate in Delhi reaches new high at Rs 101.19/litre

Petrol rate in Delhi reaches new high at Rs 101.19/litre

Petrol prices in the national capital rose to Rs 101.19 per litre on Sunday, touching another record high figure.
Petrol crosses Rs 100-mark in three more states

Petrol crosses Rs 100-mark in three more states

Petrol price on Saturday crossed the Rs 100-per-litre mark in some places in Uttar Pradesh, Chhattisgarh and Nagaland after fuel…
Consumers may get respite from frequent fuel price hike

Consumers may get respite from frequent fuel price hike

Oil marketing companies kept the retail price of petrol and diesel unchanged on Friday to analyse the global oil price…
CTI urges government to bring petrol, diesel under GST

CTI urges government to bring petrol, diesel under GST

The Chamber of Trade and Industry (CTI) on Thursday asked the government to bring petrol and diesel under the ambit…
Cairn wins freeze on India state assets in Paris

Cairn wins freeze on India state assets in Paris

Cairn Energy said that a Paris court had accepted its petition that Indian state-owned assets in the city worth over…
CNG, PNG prices also hiked in NCR after petrol hike

CNG, PNG prices also hiked in NCR after petrol hike

Fuel prices continue to soar across India and touched a record high in the national capital as petrol price is…
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