Oil & Gas
Petrol, diesel prices hiked by ₹0.40, total increase now at ₹8.40
April 4, 2022
Petrol, diesel prices hiked by ₹0.40, total increase now at ₹8.40
Petrol and diesel prices were on Monday hiked by ₹0.40 a litre each, taking the total increase in rates in…
CNG price hiked by ₹0.80 in Delhi, total hike at ₹4 in one month
April 2, 2022
CNG price hiked by ₹0.80 in Delhi, total hike at ₹4 in one month
CNG price in the national capital on Friday was hiked by ₹0.80 per kg, while piped cooking gas rates were…
Petrol, diesel prices hiked by ₹0.80, total increase now ₹7.20
April 2, 2022
Petrol, diesel prices hiked by ₹0.80, total increase now ₹7.20
Petrol and diesel prices were on Saturday hiked by ₹0.80 a litre each, taking the total increase in rates in…
Govt doubles gas price to record levels, CNG rates may go up
April 1, 2022
Govt doubles gas price to record levels, CNG rates may go up
Government more than doubled the price of natural gas that is used to produce electricity, make fertilisers, turned into CNG…
ONGC to open Vindhyan Basin in Madhya Pradesh for gas production
April 1, 2022
ONGC to open Vindhyan Basin in Madhya Pradesh for gas production
ONGC, which opened seven out of India’s eight oil and gas producing basins, is on the way to open another…
Aviation fuel price hiked by 2% to all-time high
April 1, 2022
Aviation fuel price hiked by 2% to all-time high
Jet fuel prices on Friday were hiked by 2% the seventh straight increase this year – to an all-time high,…
Petrol, diesel prices hiked by ₹0.80; total increase now stands at ₹6.40
March 31, 2022
Petrol, diesel prices hiked by ₹0.80; total increase now stands at ₹6.40
Petrol and diesel prices were on Thursday hiked by ₹0.80 a litre each, taking the total increase in rates in…
Bonanza for Reliance, ONGC: Gas price to more than double this week
March 30, 2022
Bonanza for Reliance, ONGC: Gas price to more than double this week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu…
Assam government signs mining lease agreement with OIL for 8 blocks
March 30, 2022
Assam government signs mining lease agreement with OIL for 8 blocks
The Assam government signed a Petroleum Mining Lease (PML) blocks with oil sector PSU major Oil India Ltd (OIL) for…
IAF unveils new initiative with IOC for refuelling its convoys
March 29, 2022
IAF unveils new initiative with IOC for refuelling its convoys
The Indian Air Force on Monday unveiled a new initiative with the Indian Oil Corporation Ltd, under which its convoys…
Petrol crosses ₹100 in Delhi after ₹0.80 hike, diesel up ₹0.70
March 29, 2022
Petrol crosses ₹100 in Delhi after ₹0.80 hike, diesel up ₹0.70
Petrol price on Tuesday crossed ₹100 a litre mark after rates were hiked by ₹0.80 a litre and ₹0.70 in…
Jaishankar visits Lanka IOC to take stock of fuel supply situation
March 28, 2022
Jaishankar visits Lanka IOC to take stock of fuel supply situation
External Affairs Minister S Jaishankar on Monday visited Lanka IOC, the local subsidiary of India’s oil major Indian Oil Corporation,…
Petrol now costs ₹99.41, diesel at ₹90.77 in Delhi
March 28, 2022
Petrol now costs ₹99.41, diesel at ₹90.77 in Delhi
Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase…
Petroleum Minister defends govt over fuel price hike
March 25, 2022
Petroleum Minister defends govt over fuel price hike
Petroleum Minister Hardeep Singh Puri on Thursday defended the government over the hike in fuel prices in the country, saying…
Petrol, diesel price hiked by 80 paise; LPG at record high after ₹50 rise
March 23, 2022
Petrol, diesel price hiked by 80 paise; LPG at record high after ₹50 rise
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each while domestic cooking gas LPG rates…
India’s import of Russian oil less than 1% of total: Puri
March 22, 2022
India’s import of Russian oil less than 1% of total: Puri
India buying more volumes of crude oil from Russia is still less than 1% of the total oil imports, while…
Diesel price for bulk users hiked ₹25/ltr
March 21, 2022
Diesel price for bulk users hiked ₹25/ltr
The price of diesel sold to bulk users has been hiked by about ₹25 per litre in line with a…
Flying to cost more, as jet fuel prices jump 18% on crude surge
March 17, 2022
Flying to cost more, as jet fuel prices jump 18% on crude surge
Air fares are set to rise sharply as jet fuel prices jumped 18% on Wednesday, marking the sharpest-ever increase, as…
Oil importers India, Thailand to be hit hardest by Ukraine crisis
March 17, 2022
Oil importers India, Thailand to be hit hardest by Ukraine crisis
Large oil importers like India and Thailand will be the most affected among Asia-Pacific countries by the ongoing Russia-Ukraine war,…
India taking up Russian discounted oil offer will not be US sanctions violation
March 16, 2022
India taking up Russian discounted oil offer will not be US sanctions violation
India taking up Russia’s offer of discounted crude oil would not be a violation of American sanctions, the White House…
Govt to make calibrated interventions to keep fuel prices under control
March 15, 2022
Govt to make calibrated interventions to keep fuel prices under control
The government on Tuesday said it is keeping a close watch on evolving geopolitical developments and would make ‘calibrated interventions’…
Retail fuel prices needs to be increased by 15% to reflect Int’l crude prices
March 15, 2022
Retail fuel prices needs to be increased by 15% to reflect Int’l crude prices
Retail fuel prices have not been marked to market for a few months and should be increased by approximately 15%…
India hopes for oil from Iran, Venezuela
March 15, 2022
India hopes for oil from Iran, Venezuela
India, the world’s third-largest energy-consuming and importing nation, is pinning hope on resumption of crude oil supplies from Venezuela and…
Bidding for DSF-III oil fields round to start on Apr 1: DGH
March 14, 2022
Bidding for DSF-III oil fields round to start on Apr 1: DGH
Bidding for 75 small and marginal oil and gas discoveries, mostly of ONGC, that are being offered in the DSF-III…
Iran ready to supply required oil for world market
March 14, 2022
Iran ready to supply required oil for world market
Mohsen Khojasteh Mehr, head of the National Iranian Oil Company (NIOC), has said that his country is ready to supply…