Oil & Gas
India will contribute 25% of global demand by 2040: Puri
January 10, 2023
India will contribute 25% of global demand by 2040: Puri
India has been able to navigate through the most formidable energy crisis the world has seen since the 1973 oil…
Gadkari bats for decarbonising transport sector
January 9, 2023
Gadkari bats for decarbonising transport sector
India needs to decarbonise its transport sector quickly, as the country has potential to be a global torch-bearer in biofuels,…
NTPC starts India’s first green hydrogen blending operation in PNG network
January 4, 2023
NTPC starts India’s first green hydrogen blending operation in PNG network
Country’s largest power generator, NTPC Ltd, commissions India’s first green hydrogen blending project. The green hydrogen blending has been started…
ONGC to invest ₹2,150 cr on drilling 53 exploratory wells in AP
December 12, 2022
ONGC to invest ₹2,150 cr on drilling 53 exploratory wells in AP
Oil and Natural Gas Corporation Ltd proposes to drill 53 exploratory wells in Andhra Pradesh- 50 in Godavari on-Land PML…
Reducing dependency on imported crude oil
December 8, 2022
Reducing dependency on imported crude oil
Government has adopted a five-pronged strategy comprising increasing domestic production of oil and gas, promoting energy efficiency and conservation measures,…
MEIL to build Mongolia’s first greenfield oil refinery
November 3, 2022
MEIL to build Mongolia’s first greenfield oil refinery
Megha Engineering & Infrastructures Limited (MEIL) has received the LOA for the Mongol Refinery Project, which entails building Mongolia’s first…
CCEA approves higher ethanol price from different sugarcane based raw materials
November 2, 2022
CCEA approves higher ethanol price from different sugarcane based raw materials
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved higher ethanol price derived from different…
Invenire Energy’s DSF III fields can produce 110 million barrels of crude oil
October 18, 2022
Invenire Energy’s DSF III fields can produce 110 million barrels of crude oil
Invenire Energy, India’s first private equity-backed energy focused company, has announced that the three discovered fields, acquired by the company…
Government has navigated global energy challenge very well: Puri
October 14, 2022
Government has navigated global energy challenge very well: Puri
Government of India has navigated the global energy challenges very well, insulating the developing economy from the rising global crude…
Kejriwal flags off 50 low-floor CNG buses to improve connectivity
October 11, 2022
Kejriwal flags off 50 low-floor CNG buses to improve connectivity
Delhi Chief Minister Arvind Kejriwal flagged off 50 low-floor CNG-powered cluster buses and said they will improve connectivity to the…
Initiatives taken by government to reduce crude oil import
August 1, 2022
Initiatives taken by government to reduce crude oil import
Minister of State for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Rajya…
Nepal Oil Corporation gets NRs. 7 billion loan from govt to pay IOC
July 19, 2022
Nepal Oil Corporation gets NRs. 7 billion loan from govt to pay IOC
The Nepali government on Monday decided to provide a loan of NRs 7 billion to the country’s state-run oil company…
Petrol price to go down: Pakistan FM
July 15, 2022
Petrol price to go down: Pakistan FM
Pakistan Finance Minister Miftah Ismail has said that petrol prices will be slashed today (on Thursday), local media reported. Talking…
Excise duty cut, delayed monsoon raised India’s fuel demand in June
July 14, 2022
Excise duty cut, delayed monsoon raised India’s fuel demand in June
The reduction in excise duty on petrol and diesel by the Central government coupled with the delayed arrival of the…
Ethanol blending in fuel crucial for energy security: Minister
July 13, 2022
Ethanol blending in fuel crucial for energy security: Minister
Union Minister Rameswar Teli has said augmenting ethanol blending in fuel was critical for the energy security of the country…
CNG, PNG prices hiked in Mumbai
July 13, 2022
CNG, PNG prices hiked in Mumbai
State-run utility Mahanagar Gas on Tuesday announced yet another increase in the retail price of compressed natural gas (CNG) and…
Gas prices can’t be looked at in isolation: Puri on LPG price hike
July 8, 2022
Gas prices can’t be looked at in isolation: Puri on LPG price hike
A day after cooking gas LPG prices were hiked by ₹50 per cylinder, Oil Minister Hardeep Singh Puri on Thursday…
Proposal for fuel consumption standards for all vehicles from April next year
July 6, 2022
Proposal for fuel consumption standards for all vehicles from April next year
With an aim to reduce pollution and introduce more fuel-efficient vehicles, the government has proposed to make it mandatory for…
LPG price hiked by ₹50/cylinder, to cost ₹1,053 per 14.2kg cylinder
July 6, 2022
LPG price hiked by ₹50/cylinder, to cost ₹1,053 per 14.2kg cylinder
The price of domestic liquid petroleum gas cylinders on Wednesday was hiked by ₹50 per cylinder, the third increase in…
Sri Lanka to get two fuel consignments in July: Lanka IOC
July 4, 2022
Sri Lanka to get two fuel consignments in July: Lanka IOC
Sri Lanka will receive two fuel consignments this month and another in August, the Chairman of Lanka IOC, the subsidiary…
Windfall tax to recoup most of ₹1 lakh cr revenue lost in excise cuts
July 4, 2022
Windfall tax to recoup most of ₹1 lakh cr revenue lost in excise cuts
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of…
Govt gives ONGC, Vedanta freedom to sell crude oil
June 30, 2022
Govt gives ONGC, Vedanta freedom to sell crude oil
The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery…
Mukesh Ambani hands over telecom business to son Akash
June 29, 2022
Mukesh Ambani hands over telecom business to son Akash
In the first clear signs of a succession plan being charted out at India’s most valuable company, billionaire Mukesh Ambani…
Indian Oil delivering cooking gas via boats in flood-hit Assam
June 29, 2022
Indian Oil delivering cooking gas via boats in flood-hit Assam
Indian Oil is using boats to deliver cooking gas cylinders to households in flood-ravaged southern Assam, especially in Silchar, the…
Pakistan’s fuel oil imports hit 4-yr high as it struggles to buy LNG
June 27, 2022
Pakistan’s fuel oil imports hit 4-yr high as it struggles to buy LNG
Pakistan’s monthly fuel oil imports are set to hit a four-year high in June, Refinitiv data showed, as the country…