Oil & Gas

Pakistan Finance Minister Miftah Ismail has said that petrol prices will be slashed today (on Thursday), local media reported. Talking…

The reduction in excise duty on petrol and diesel by the Central government coupled with the delayed arrival of the…

Union Minister Rameswar Teli has said augmenting ethanol blending in fuel was critical for the energy security of the country…

State-run utility Mahanagar Gas on Tuesday announced yet another increase in the retail price of compressed natural gas (CNG) and…

A day after cooking gas LPG prices were hiked by ₹50 per cylinder, Oil Minister Hardeep Singh Puri on Thursday…

With an aim to reduce pollution and introduce more fuel-efficient vehicles, the government has proposed to make it mandatory for…

The price of domestic liquid petroleum gas cylinders on Wednesday was hiked by ₹50 per cylinder, the third increase in…

Sri Lanka will receive two fuel consignments this month and another in August, the Chairman of Lanka IOC, the subsidiary…

The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of…

The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery…

Indian Oil is using boats to deliver cooking gas cylinders to households in flood-ravaged southern Assam, especially in Silchar, the…

In the first clear signs of a succession plan being charted out at India’s most valuable company, billionaire Mukesh Ambani…

Pakistan’s monthly fuel oil imports are set to hit a four-year high in June, Refinitiv data showed, as the country…

Pakistan is again facing an escalation of power crisis after it failed to agree on a deal for natural gas…

Great Eastern Energy Corporation Ltd on Thursday said it has signed an amendment to a petroleum mining lease that will…

India’s crude oil imports from Russia have jumped over 50 times since April and now make up for 10% of…

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has made an oil discovery…

Oil and Natural Gas Corporation (ONGC) is seeking a minimum $17 price for the gas it plans to produce from…

Iraq seeks to raise its crude oil production to 8 million barrels per day (bpd) by the end of 2027…

Selling diesel at ₹20-25 a litre below cost and petrol at ₹14-18 per litre below cost, as a result of…

Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in…

In a bid to strengthen air connectivity in the state and boost tourism, the Jharkhand government on Wednesday announced it…

India’s petrol consumption jumped by 54% and that of diesel soared by 48% in the first fortnight of June from…

Prime Minister Ranil Wickremesighe on Tuesday said that a new Credit Line provided by India will support the cash-strapped island…

Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid…