Ministry of Petroleum and Natural Gas: News

26 May 2024


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.

08 Jun 2023

Petrol Diesel Prices

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.

08 May 2023


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.

17 Apr 2023


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.

10 Mar 2023


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.

01 Nov 2022

LPG Cylinder

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.

01 Oct 2022

LPG Cylinder

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.

06 Apr 2022

Petrol Diesel Prices

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.

28 Mar 2022


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.

11 Oct 2021

Narendra Modi

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.

16 Aug 2021

Nirmala Sitharaman

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.

29 Jun 2021


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.

09 Feb 2021


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.

24 Feb 2019


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.

15 Sep 2018

West Bengal

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.

01 Aug 2018

Petrol Diesel Prices

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.

25 Feb 2018


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.

22 Feb 2018


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.

17 Sep 2017


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.

18 May 2017


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.

07 May 2017


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.

21 Apr 2017


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.

08 Nov 2016


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.

14 Sep 2016


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.