World class premium grade Octane 100 Petrol in the country
In a move that can be a potential game-changer in the petroleum fuel retail market in India, Indian Oil has launched world-class premium grade Petrol (Octane…
Petroleum
The latest Petroleum news, analysis and data from India and across Asia, reported by Energy Asia.
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ONGC and OIL signs contract for 11 oil and gas blocks
Oil and Natural Gas Corp has engaged contracts for seven oil and gas blocks it had won in the recent bid round. Oil India Ltd signed…
Nagaland government hikes taxes on fuel
The Nagaland government has hiked tax on diesel, petrol and other motor spirit from Thursday Additional Chief Secretary and Finance Commissioner Sentiyanger Imchen said in a…
Cairn’s temporary extended till January for Barmer block
Cairn Oil and Gas has been denied full extension of production sharing contract once again with the government allowing the company to operate the oilfield only…
Pakistan invites bids for record six LNG spot cargoes
Pakistan will ramp up spot buying of Liquefied Natural Gas (LNG) from the international market, seeking up to six cargoes for December, as the country prepares…
PM Modi inaugurates three key Petroleum projects in Bihar
The Prime Minister Narendra Modi dedicated to the nation three key projects related to the Petroleum sector in Bihar via video conferencing. The projects include the…
Five Petroleum and Gas sector PSUs to join International Solar Alliance
Five Public Sector Undertakings under Petroleum & Natural Gas Ministry will be joining International Solar Alliance (ISA)’s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners.
CNPC holds open day event on Myanmar-China oil, gas pipeline project
An open day on the Myanmar-China oil and gas pipeline project was held by China National Petroleum Corporation (CNPC) today. It was the first part of…
Low-cost biodiesel from microalgae may soon be a reality
While fossil fuels deplete, the fuel potential of algae residing in the vast marine environment surrounding India remains unexplored. Low-cost biodiesel from microalgae of marine origin…
Iran increases crude oil output at North Yaran
The third generation of sucker-rod pump (SRP) was installed for the first time in West Karoun oil fields cluster at well No. 14 of North Yaran…
Rajnath Singh launches online portal for issue of NOC for power, oil & gas exploration projects
Defence Minister Rajnath Singh in the presence of MoS for Defence Shripad Y Naik today launched a new web portal for issue of No Objection Certificate…
BP to set up new global business services centre in Pune
Petroleum major British Petroleum (BP) today announced plans to set up a major new centre for its global business services (GBS) operations in Pune, India. New…
Indian Oil initiates door to door delivery of diesel
Further to the successful pilot launched in March 2018, Indian Oil has started its unique initiative for door -to-door delivery of diesel through mobile dispensers. To…
G20 Extraordinary Energy Ministers meeting
Petroleum Minister Dharmendra Pradhan, participated in the G20 Extraordinary Energy Ministers’ virtual Meeting on 10th April 2020. The meeting was called by Saudi Arabia, in its…
Reforms in exploration and licensing policy
Ministry of Petroleum and Natural Gas is working in collaboration with various Central Government Ministries to make efforts to achieve reduction in import dependency on oil.
ExxonMobil expands LNG collaborations in India
ExxonMobil India LNG Limited, an affiliate of ExxonMobil, signed an MoU with Indian Oil Corporation Ltd. (Indian Oil), the largest state-owned oil refining & marketing company…
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
ONGC and IOCL signed Crude Oil Sales Agreement (COSA) for North East on 1st October at New Delhi. The COSA is with effect from 1 April,…
Expansion of Piped Gas coverage
The Petroleum and Natural Gas Regulatory Board (PNGRB) authorizes entities to develop Natural Gas Distribution Network as per PNGRB Act, 2006 and the Regulations notified thereunder.
India-US Strategy Energy Partnership
Petroleum Minister, Dharmendra Pradhan and U.S. Secretary of Energy, Rick Perry co-chaired the inaugural meeting of the U.S.-India Strategic Energy Partnership, which President Donald J. Trump…
Indian Consortium and Saudi Aramco Sign MoU for Ratnagiri Mega Refinery
An Indian Consortium consisting of IOCL, BPCL and HPCL and Saudi Aramco signed a Memorandum of Understanding (MoU) recently to jointly develop and build an integrated…
Boost to Ease of Doing Business in Petroleum & Natural Gas Sector
In line with the Government initiative of ease of doing business, the Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for…
PM Ujjwala Yojana inaugurated
In order to prevent pollution and facilitate the healthy atmosphere in the families of poor people Pradhan Mantri Ujjwala Yojana was launched by Prime Minister Narendra…