crude oil
DGH overhauls approval processes for oil, gas fields
Oil & Gas
August 15, 2021
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
August 4, 2021
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
August 4, 2021
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
July 28, 2021
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
July 26, 2021
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
July 23, 2021
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
July 20, 2021
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
July 19, 2021
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
July 19, 2021
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
July 16, 2021
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
July 12, 2021
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
July 9, 2021
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
July 7, 2021
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
July 6, 2021
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
July 5, 2021
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
June 29, 2021
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
June 28, 2021
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
June 27, 2021
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
June 24, 2021
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
June 24, 2021
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
June 21, 2021
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
June 19, 2021
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
June 17, 2021
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
June 15, 2021
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
June 11, 2021
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 &…