Energy updates from across Asia
The latest Petroleum news, analysis and data from India and across Asia, reported by Energy Asia.
Indian Oil Corp (IOC) rolled out M15 petrol – 15% blend of methanol with petrol -- on a pilot basis in Assam's Tinsukia district. Union Minister of State for Petroleum and Natural Gas Rameswar Teli launched the M15 petrol in…
Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman.
The government's collections from levy of excise duty on petroleum products have jumped 48% in the first four months of the current fiscal year, with the…
India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data from state fuel retailers showed on…
Fuel consumers have finally been given some relief from high prices of petroleum products with oil marketing companies reducing the pump price of petrol and diesel…
Union Petroleum Minister Hardeep Singh Puri said that the Central government is sensitive to fuel price rise while also hinting that the public might get relief…
The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for running various developmental schemes
Petrol prices in the national capital rose to Rs 101.19 per litre on Sunday, touching another record high figure.
Hardeep Singh Puri will now take charge of the Ministry of Petroleum and Natural Gas. He has relinquished the portfolio of Civil Aviation but still hold…
India has procured the first shipment of one million barrels of 'Liza light sweet' crude oil from Guyana, in a significant move marking diversification of its…
Petrol and diesel prices on Tuesday touched a record high in Mumbai as it is retailing at Rs 104.90 per litre in the city and diesel…
Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again by 35 paise per litre each on Saturday.
Communist Party of India (Marxist) General Secretary Sitaram Yechury hit out at Petroleum Minister Dharmendra Pradhan for his comment on the hike in the fuel prices…
Hyderabad on Monday became the second metro city in the country to see petrol price crossing Rs 100 per litre mark after fuel prices were raised…
Amid high levels of inflation in Pakistan, the country's Oil and Gas Regulatory Authority (OGRA) has sent a summary to the Petroleum Division to revise the…
Petrol price inched towards the Rs 100-mark in Mumbai on Tuesday after fuel rates were hiked again. Petrol price was increased by 23 paise per litre…
Fuel prices in the country remained unchanged on Tuesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for…
India's fuel demand contracted by a massive 9.1% in the financial year ended March 31, the first in more than two decades
Chief Minister Amarinder Singh accorded approval to a proposal by the Punjab Prisons Development Board (PPDB) to set up 12 retail outlets of Indian Oil Corporation…
Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification…
In the first reduction in rate in two months, jet fuel or ATF price was cut by 3% in line with softening international crude oil prices.
Oil marketing companies reduced fuel prices on Tuesday after a four-day halt. Prices of the transportation fuel declined in the range of 19-22 paise across the…
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