Navi Mumbai Airport Expansion: CIDCO issues tender for third runway study

PIB Fact Check busts Pak claims of Rafale and S-400 destruction in Op Sindoor; flags fake AI video

ADB approves $240 million loan for Chennai metro expansion in India

8 of top 10 firms lose Rs 79,129 crore in a weak market; Bajaj Finance emerges top loser

Govt rolls out measures to support MSMEs with regulatory relief and credit access

Food inflation remained at negative 2.78% in November as CPI rose to 0.71%

‘Off the Record’: Silent approvals, policy scars, an extension that may not come easy…

WPI inflation, India-US trade talks, Rupee movement likely to drive market next week

FIIs sell equity worth Rs 15,959 crore in December so far, DIIs buy for Rs 39,965 crore

CII outlines investment roadmap ahead of Budget 2026-27

The oil ministry was of the view that there was an urgent need for aggressive investment in the domestic oil and gas hunt.

Oil Ministry seeks review of windfall tax; wants certain fields exempt 

The Federation of Indian Petroleum Industry (FIPI) wrote to the Petroleum Ministry on June 10, &nbsp;saying losses on petrol and diesel will limit further investments in retailing business.

Private retailers selling petrol & diesel at loss of up to Rs 25 per litre, seek government intervention for viable environment

The ministry terming it as the spread of misinformation said, “When the fourth estate agrees to be used to advance vested interests, truth becomes a casualty."

Mischievous piece: Government refutes media report on natural gas allocation being stopped

Despite a decision of the Union Cabinet to give 100 per cent gas supply under 'no cut' priority to the city gas distribution (CGD) sector, current supplies have been maintained at March 2021 demand level.

Government freezes natural gas allocation, as prices of CNG and PNG spike, say sources

Just a day after Diwali, the common man has received yet another bad news, this time it is all about his cooking gas. It has been announced that Domestic cooking gas, LPG cylinder price has been hiked by over Rs 2!

Big disappointment for public day after Diwali! LPG cylinder prices hiked by over Rs 2

Oil minister Dharmendra Pradhan has conveyed that New Delhi will continue to buy Iranian oil to some extent, said economic affairs secretary at the finance ministry Subhash Chandra Garg.

India yet to work out payment mechanism for Iran oil imports, government official tells CNBC TV18

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

With 60,799 outlets dispensing petrol and diesel at the end of October, India is behind only US and China in number of petrol pumps, data available from Petroleum Planning &amp; Analysis Cell of the Oil Ministry.

Over 60,000 petrol pumps in India, 45% jump in 6 yrs

Oil Ministry has identified 15 producing oil and gas fields of ONGC and Oil India Ltd for handing over to private firms on the premise of raising output.

ONGC officers seek PM intervention to stall Oil Ministry move

Gas discoveries in shallow sea off Andhra Pradesh on the east, and off Gujarat on the west are economically unviable to produce at the current government-mandated price of&nbsp;$2.89 per million British thermal unit, a senior company official said.

ONGC wants higher gas price to produce KG, Kutch discoveries

&nbsp;Oil Ministry plans took make petrol and diesel products available for Indian citizen. So far, only price change in these petroleum products can be seen online.&nbsp;

You can soon buy petrol, diesel online

Sources said initially ONGC got service companies involved in raising output by offering them incentive if production was raised by pre-set milestones over and above the current levels.

Govt plans to sell stake in ONGC oilfields to private firms

India has been trying to leverage its position as one of the biggest energy consumers to strike better bargains for its companies.

India renegotiates LNG deal with Exxon to import it at affordable rate: Dharmendra Pradhan

The Production Sharing Contract (PSC) allows RIL and its partners BP Plc of the UK and Canada's Niko Resources to deduct all capital and operating expenses from the sale of gas before sharing profit with the government.

Govt slaps Rs 1700 crore penalty on Reliance Industries, BP

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Oil ministry mulls home delivery of petrol, diesel

Already, the All India Petroleum Dealers Association, which claims to represent 80 per cent of the 53,224 petrol pumps of public sector oil firms, has said it is not participating in the closure exercise.

Oil ministry red-flags Sunday holiday for fuel outlets

The policy is expected to incentivise the CBM operation in the country to boost gas production.

Reliance Industries, other CBM producers get pricing, marketing freedom

"The gas production from D1 and D3 fields in this (KG-D6) block (of RIL) is much less than the production rates approved in addendum to Initial Development Plan (AIDP)," he said.

Reliance Industries KG-D6 gas output drops to 9% of target: Pradhan

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had in June 2013 bought 10%&nbsp;stake in the Offshore Area 1 from Videocon Group for&nbsp;$2.475 billion. This stake was later divided between OVL and Oil India Ltd in 60:40 ratio.

ONGC's $2.4 billion Mozambique deal under Oil Min scanner

India to fill Mangalore strategic reserve with United Arab Emirates oil

oil-ministry

The oil ministry was of the view that there was an urgent need for aggressive investment in the domestic oil and gas hunt.

The Federation of Indian Petroleum Industry (FIPI) wrote to the Petroleum Ministry on June 10,  saying losses on petrol and diesel will limit further investments in retailing business.

The ministry terming it as the spread of misinformation said, “When the fourth estate agrees to be used to advance vested interests, truth becomes a casualty."

Despite a decision of the Union Cabinet to give 100 per cent gas supply under 'no cut' priority to the city gas distribution (CGD) sector, current supplies have been maintained at March 2021 demand level.

Just a day after Diwali, the common man has received yet another bad news, this time it is all about his cooking gas. It has been announced that Domestic cooking gas, LPG cylinder price has been hiked by over Rs 2!

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Oil Ministry

Oil Ministry seeks review of windfall tax; wants certain fields exempt

Private retailers selling petrol & diesel at loss of up to Rs 25 per litre, seek government intervention for viable environment

Mischievous piece: Government refutes media report on natural gas allocation being stopped

Government freezes natural gas allocation, as prices of CNG and PNG spike, say sources

Big disappointment for public day after Diwali! LPG cylinder prices hiked by over Rs 2

India yet to work out payment mechanism for Iran oil imports, government official tells CNBC TV18

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Top News

Navi Mumbai Airport Expansion: CIDCO issues tender for third runway study

PIB Fact Check busts Pak claims of Rafale and S-400 destruction in Op Sindoor; flags fake AI video

ADB approves $240 million loan for Chennai metro expansion in India

8 of top 10 firms lose Rs 79,129 crore in a weak market; Bajaj Finance emerges top loser

Govt rolls out measures to support MSMEs with regulatory relief and credit access

Food inflation remained at negative 2.78% in November as CPI rose to 0.71%