Oil & Gas
MoPNG pulled up for its reply on Reliance Gas guarantee
March 16, 2021
MoPNG pulled up for its reply on Reliance Gas guarantee
The Parliament's Public Accounts Committee (PAC) has pulled up the Oil Ministry for vague replies on encashing bank guarantees of…
ONGC’s oil & gas production share jumps to 70%
March 14, 2021
ONGC’s oil & gas production share jumps to 70%
ONGC which is often perceived as a drag on the crude oil and natural gas produced in the country, has…
LPG consumption up 7.3% despite price rise
March 11, 2021
LPG consumption up 7.3% despite price rise
Cooking gas LPG consumption rose 7.3% in the last three months despite a steep price rise, with usage among the…
India witnesses a near universal LPG coverage
March 10, 2021
India witnesses a near universal LPG coverage
LPG has emerged as the preferred kitchen partner for almost every Indian. This is evident from the fact that the…
GAIL acquires 5% stake in Indian Gas Exchange
March 10, 2021
GAIL acquires 5% stake in Indian Gas Exchange
GAIL (India) Limited has signed a Share Purchase and Shareholders Agreement (SPSHA) with IGX and Indian Energy Exchange Limited (IEX),…
ONGC acquires 5% stake in Indian Gas Exchange
March 10, 2021
ONGC acquires 5% stake in Indian Gas Exchange
Oil and Natural Gas Corporation Limited (ONGC) has signed a Share Purchase and Shareholders Agreement (SPSHA) with the Indian Gas…
Indonesia LPG imports to fall sharply by 2025
March 9, 2021
Indonesia LPG imports to fall sharply by 2025
Indonesia's imports of liquefied petroleum gas (LPG) are expected to decline by six times in 2025 from current numbers, as…
LPG price, petroleum taxes rise since BJP came to power
March 9, 2021
LPG price, petroleum taxes rise since BJP came to power
Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the…
Government promoting Ethanol Blending of Petrol
March 8, 2021
Government promoting Ethanol Blending of Petrol
Government has been promoting use of ethanol as a blend stock with main automotive fuel like petrol in line with…
Nine Compressed Biogas Plants Commissioned
March 8, 2021
Nine Compressed Biogas Plants Commissioned
So far 9 CBG plants have been commissioned and started supply of CBG under SATAT scheme. These plants are located…
Over 72 lakh domestic PNG connections in India
March 8, 2021
Over 72 lakh domestic PNG connections in India
As per data provided by PNGRB, as on 31.12.2020, the total number of domestic PNG connection in India was approximately…
Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr
March 7, 2021
Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr
Indian Oil Corporation (IOC) plans to hive off hydrogen producing units and sulphur recovery facilities at its refineries to a…
Finance Ministry exploring options to ease petrol, diesel price
March 3, 2021
Finance Ministry exploring options to ease petrol, diesel price
Amid mounting pressure from all the quarters to reduce taxes on petrol and diesel, the Finance Ministry vigorously started to…
Oil companies raise margins as fuel price surge
March 3, 2021
Oil companies raise margins as fuel price surge
The oil price rise may be hitting the fuel consumers hard, but it is the oil companies that are making…
Pakistan’s new gas deal with Qatar could save $3 billion
March 1, 2021
Pakistan’s new gas deal with Qatar could save $3 billion
Pakistan's landmark, new deal with Qatar for Liquefied Natural Gas (LNG) at lower rates will save Islamabad a total of…
Congress takes a jab at PM on LPG price hike
March 1, 2021
Congress takes a jab at PM on LPG price hike
Just as Prime Minister Narendra Modi took his first shot of COVID vaccine on Monday, opposition Congress took a jab…
IOCL to invest Rs 32,496 crore to expand Panipat refinery
February 27, 2021
IOCL to invest Rs 32,496 crore to expand Panipat refinery
Indian Oil Corporation Limited (IOCL) said it will invest Rs 32,946 crore to expand its oil refinery at Panipat in…
Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel
February 27, 2021
Shiv Sena slams Sitharaman’s Dharm-Sankat remark on fuel
The Shiv Sena on Friday targeted Union Finance Minister Nirmala Sitharaman for referring to the issue of high fuel prices…
Government gets tax rich from oil as consumers bear brunt
February 26, 2021
Government gets tax rich from oil as consumers bear brunt
Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this…
Congress leaders detained during protest against fuel prices
February 26, 2021
Congress leaders detained during protest against fuel prices
Jammu and Kashmir Congress chief Ghulam Ahmad Mir was among the large number of party workers who were detained here…
LPG price hiked by Rs 25 per cylinder
February 26, 2021
LPG price hiked by Rs 25 per cylinder
Cooking gas LPG price on Thursday was hiked by Rs 25 per cylinder across all categories, including subsidised fuel and…
Now LPG can be transported through Inland Waterways
February 25, 2021
Now LPG can be transported through Inland Waterways
A Memorandum of Understanding is signed between IWAI and MOL (Asia Oceania) Pte. Ltd for transportation of LPG (Liquified Natural…
Priyanka Gandhi slams centre on fuel prices
February 25, 2021
Priyanka Gandhi slams centre on fuel prices
Congress General Secretary Priyanka Gandhi Vadra on Thursday slammed the Prime Minister Narendra Modi-led government over the hike in prices…
Oil prices hit 13-month highs on tighter supplies
February 25, 2021
Oil prices hit 13-month highs on tighter supplies
Oil prices rose for a fourth straight session to the highest levels in more than 13 months, underpinned by monetary…
EOGEPL & IIT Dhanbad to work on CBM gas exploration
February 24, 2021
EOGEPL & IIT Dhanbad to work on CBM gas exploration
EOGEPL has signed an MoU for collaboration with the prestigious IIT (Indian School of Mines), Dhanbad, to jointly work on…