Ministry of Petroleum and Natural Gas: News
SEBI imposes penalties on IOC, GAIL, ONGC for non-compliance
Several state-owned oil and gas companies, including Indian Oil (IOC), Oil and Natural Gas Corporation (ONGC), and GAIL (India) Ltd, have been penalized for the fourth consecutive quarter.
Petrol, diesel likely to get cheaper: Reports
Oil marketing companies (OMC) could reduce the price of petrol and diesel soon, ANI reported, quoting government sources.
Diesel vehicle ban in India: Government panel proposes 2027 deadline
A panel formed by the Union Ministry of Petroleum and Natural Gas has proposed sweeping changes to cut down on vehicular emissions.
India's National Policy on Biofuels and how it affects you
To reduce the dependence on fuel imports and to boost employment in India, the Centre formulated the National Policy on Biofuels in 2018.
February fuel demand in India highest since 1998
India's fuel demand hit its highest level in February since 1998, with industrial activity boosted by cheap Russian oil, the data compiled by the Indian Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) showed, according to Reuters.
Commercial LPG cylinder price reduced by Rs. 115.5 in Delhi
The price of commercial liquefied petroleum gas (LPG) cylinders has been reduced by Rs. 115.5 in Delhi on Tuesday, bringing the cost of the 19kg cylinder down from Rs. 1,859.5 to Rs. 1,744.
Commercial LPG cylinder prices slashed by Rs. 25.50; details here
The government released revised rates of the 19-kilogram commercial LPG cylinders in Delhi by slashing Rs. 25.50 on Saturday, reported ANI.
Petrol, diesel prices hiked again; CNG gets costlier in Delhi
Fuel prices were raised again by 80 paise/liter on Wednesday, the 14th such increase in 16 days.
Not considering buying Russian oil in rupees, minister informs Parliament
India is not considering purchasing oil from Russia or any other country using Indian rupees at present, following Western sanctions imposed on Russia for its invasion of Ukraine, Rameshwar Teli, the junior oil minister, told Parliament on Monday.
MoS Petroleum says fuel price hiked to provide free vaccines
Amid soaring fuel prices in the country, Minister of State for Petroleum and Natural Gas Rameswar Teli on Monday said that fuel prices are rising due to free COVID-19 vaccines.
No excise cut on fuel; Sitharaman blames UPA-era oil bonds
Finance Minister Nirmala Sitharaman on Monday blamed the former Congress-led United Progressive Alliance government for the soaring fuel prices.
Fuel prices jump once again. Check rates in your city
Fuel prices across India were hiked once again on Tuesday, after remaining stable the previous day.
Petrol and diesel prices at fresh highs after another hike
Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus.
Is Robert Vadra joining politics? His Facebook post gives clue
A month after Priyanka Gandhi joined active politics and was appointed Congress' in-charge of Uttar Pradesh East, it appears that her husband, Robert Vadra, is also eyeing an entry into politics.
Respite for common-man: Petrol, diesel price cut by Rs. 2.5/liter
Giving a major relief to common man, Finance Minister Arun Jaitley cut the price of petrol and diesel by Rs. 2.50 per liter.
Price of ethanol blended petrol should be reduced: WB Minister
West Bengal Consumer Affairs Minister Sadhan Pande today said the price of petrol blended with ethanol should be reduced and consumers must be informed that they are buying blended fuel.
Center, industry want petroleum products under GST: Oil Minister Pradhan
The Center and the petroleum industry favor inclusion of petroleum products in the Goods and Services Tax (GST) but the GST Council will take a final call on it, Oil Minister Dharmendra Pradhan said today.
Mumbai: Over 6,000 people participated in Saksham Cyclothon
Over 6,000 people took part in the Saksham Cyclothon Mumbai held on Sunday. Krisha Nayakodi and T Manorama Devi won the men's and women's elite category.
BS-VI fuel to retail in Delhi by April: Centre
The Central government on Wednesday informed the Supreme Court that the supply of Bharat Stage VI auto fuels to retail outlets in Delhi will be made available from April 1.
Union Minister Dharmendra Pradhan proposes bringing petroleum products under GST
Petroleum and Natural Gas Minister Dharmendra Pradhan has requested Finance Ministry to include petroleum products under GST ambit.
Iraq surpasses Saudi to top Indian oil supplies
Iraq has surpassed Saudi Arabia, to become the top supplier of Oil to India, according to Reuters.
Free LPG Connections: Centre to expand network with Rs. 30,000cr
The Centre is entailing a Rs. 30,000cr-investment for expanding LPG production and distribution network in the next three years.
Petroleum Ministry considering home-delivery of fuel
Taking to Twitter, the Ministry of Petroleum stated that the government is considering a plan for the home delivery of petroleum products if consumers make a pre-booking.
Oil India sets up Rs.50 crore start-up fund
Assam-based Oil India Limited announced that the company set up the Oil India start-up fund of Rs.50 crore to boost new entrepreneurs and ideas for India's oil sector.
Seven Oil PSUs co-create start-up fund
Seven Oil Public Sector Undertakings (PSUs) including Indian Oil, Gail India, Bharat Petroleum and others have come together to establish a start-up fund of Rs.100 crore.