Oil & Gas

MoPNG pulled up for its reply on Reliance Gas guarantee

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%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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