crude oil

DGH overhauls approval processes for oil, gas fields
Oil & Gas

DGH overhauls approval processes for oil, gas fields

A self-certified declaration of a commercial oil or gas discovery is all that is now needed by a company to…
Total 105 exploration blocks awarded under OALP
Oil & Gas

Total 105 exploration blocks awarded under OALP

The Minister for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Rajya Sabha…
Government making all efforts to reduce crude oil imports
Oil & Gas

Government making all efforts to reduce crude oil imports

Minister of Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in Rajya Sabha informed that…
India seeks reasonable price from oil producers
Oil & Gas

India seeks reasonable price from oil producers

India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
6.5 MMT storage to be added under phase-2 of SPR
Oil & Gas

6.5 MMT storage to be added under phase-2 of SPR

Under Phase II of the petroleum reserve programme, Government has given approval in July 2021 for establishing two additional commercial-cum-strategic…
India’s gas production jumps 19.5% in June
Oil & Gas

India’s gas production jumps 19.5% in June

India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output…
Indian Oil to build green hydrogen plant at Mathura refinery
Renewable Energy

Indian Oil to build green hydrogen plant at Mathura refinery

India's largest oil firm IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims…
Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr
Oil & Gas

Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr

The union government's tax collections on petrol and diesel jumped by 88% to Rs 3.35 lakh crore in the year…
OPEC, allies reach agreement after row over production
Oil & Gas

OPEC, allies reach agreement after row over production

The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a full agreement…
Puri conveys concerns over high oil prices to Saudi, UAE
Oil & Gas

Puri conveys concerns over high oil prices to Saudi, UAE

Hardeep Singh Puri has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the…
Petrol rate in Delhi reaches new high at Rs 101.19/litre
Oil & Gas

Petrol rate in Delhi reaches new high at Rs 101.19/litre

Petrol prices in the national capital rose to Rs 101.19 per litre on Sunday, touching another record high figure.
CTI urges government to bring petrol, diesel under GST
Oil & Gas

CTI urges government to bring petrol, diesel under GST

The Chamber of Trade and Industry (CTI) on Thursday asked the government to bring petrol and diesel under the ambit…
Petrol price hits century in Delhi amidst constant upsurge
Oil & Gas

Petrol price hits century in Delhi amidst constant upsurge

Petrol prices continued its upward march again, a day after a brief pause, taking its price to cross century mark…
India procures 1 M barrels of crude oil from Guyana
Oil & Gas

India procures 1 M barrels of crude oil from Guyana

India has procured the first shipment of one million barrels of 'Liza light sweet' crude oil from Guyana, in a…
GAIL eyes at petrochemicals, renewable energy for growth
Oil & Gas

GAIL eyes at petrochemicals, renewable energy for growth

GAIL India Ltd is eyeing expansion in petrochemicals, specialty chemicals and renewables as it pivots a new strategy to expand…
Petrol price spikes to Rs 104.90 in Mumbai
Oil & Gas

Petrol price spikes to Rs 104.90 in Mumbai

Petrol and diesel prices on Tuesday touched a record high in Mumbai as it is retailing at Rs 104.90 per…
Petrol crosses Rs 100 in Bihar after another price hike
Oil & Gas

Petrol crosses Rs 100 in Bihar after another price hike

Petrol price soared past Rs 100-a-litre mark in Bihar after fuel prices were hiked again on Sunday on the back…
Petrol crosses Rs 100 in Tamil Nadu after hike in rates
Oil & Gas

Petrol crosses Rs 100 in Tamil Nadu after hike in rates

Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again by 35 paise per…
OMC’s spare diesel users from a big spike
Oil & Gas

OMC’s spare diesel users from a big spike

Fuel prices increased again across the country, adding more misery for the common man already grappling with rising food prices…
Fuel price hike due to Centre’s excise duty: Yechury
Oil & Gas

Fuel price hike due to Centre’s excise duty: Yechury

Communist Party of India (Marxist) General Secretary Sitaram Yechury hit out at Petroleum Minister Dharmendra Pradhan for his comment on…
Petrol crosses Rs 97 in Delhi after another price hike
Oil & Gas

Petrol crosses Rs 97 in Delhi after another price hike

Petrol price in the national capital crossed Rs 97 a litre and diesel neared Rs 88 after fuel prices were…
Petrol crosses Rs 100 in third metro, Bengaluru
Oil & Gas

Petrol crosses Rs 100 in third metro, Bengaluru

Bengaluru became the third metro city in the country to see petrol price cross Rs 100 per litre mark after…
India to boost ethanol production due to high fuel rates
Oil & Gas

India to boost ethanol production due to high fuel rates

Union minister Nitin Gadkari said India is going to increase the production of alternative fuel ethanol as people are facing…
Petrol in Hyderabad also crosses Rs 100/litre mark
Oil & Gas

Petrol in Hyderabad also crosses Rs 100/litre mark

Hyderabad on Monday became the second metro city in the country to see petrol price crossing Rs 100 per litre…
Fuel prices rise again, petrol now costs Rs 102/ltr in Mumbai
Oil & Gas

Fuel prices rise again, petrol now costs Rs 102/ltr in Mumbai

Retail price of petrol & diesel got dearer by 29p/litre & 28p/litre to touch new high of Rs 95.85 &…
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