Oil Ministry
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Iran's Oil Minister Mohsen Paknejad Steps Down: Report
Mohsen Paknejad has been the oil minister of the OPEC member country since August 2024 and steps down as the seven-month war between Iran and the US puts pressure on the country's economy.
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India Responds To Trump's Claim That PM Modi Made A Russian Oil Promise
India's consistent priority is to safeguard the interests of the Indian consumer in a volatile energy scenario, New Delhi has said in response to US President Donald Trump's claim
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Shell To Sign 3 Deals To Develop Iran Oil And Gas Fields: Report
The Wall Street Journal earlier reported that both Shell and Total were to sign initial agreements on Wednesday.
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India Fuel Consumption To Hit 200 Million Tonnes In 2016-17: Oil Ministry
A level of 200 million tones would compare to over 750 million tonnes in the United States last year and 500 million tonnes in China.
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Oil Ministry Set To Give 60% Stake In ONGC Fields To Private Firms
Oil ministry is approaching the Cabinet to allow private companies take 60 per cent stake in producing oil and gas fields of national oil companies, ONGC and OIL, with the view that they would raise production above the baseline estimate.
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GAIL India Scraps $7-Billion Natural Gas Tender: Report
GAIL will now hire the ships from the global spot or current market to transport liquefied natural gas (LNG), a top official said.
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Bring Petroleum Products Under GST Ambit, Says Oil Minister Dharmendra Pradhan
Looking into the consumer interest, there must be tax rationalisation, the Oil Minister said.
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Splitting Subsidy With Oil Producers Credit Positive: Moody's
Global rating agency Moody's Investors Service has said the Oil Ministry's plan to divide fuel subsidies equally between the government and the two state-owned upstream oil and gas producers namely ONGC and Oil India, is credit positive for both companies.
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Oil Minister Hints at Deregulation of Diesel Rates
Under-recovery or the gap between retail selling price and the cost of import, this month dipped to an all-time low of 8 paise a litre, helped by the monthly increases and softening in international oil rates.
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Government to Decide on Diesel Deregulation After State Polls: Report
This is perhaps the first time that retail prices in India are higher than the global rates due to a sustained monthly rise in local prices since January 2013.
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Government Has Narrow Window for Gas Price as Deadline Looms Large
The government has a narrow window of one day to approve a new gas pricing mechanism to meet its own deadline of announcing a new rate.
-
Profit on Sale of Diesel Swells to Rs 1.90 Per Litre
Profit on sale of diesel has risen to Rs 1.90 per litre following a continued slide in global oil prices.
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Profit on Sale of Diesel Swells to Rs 1.90 Per Litre
Profit on sale of diesel has risen to Rs 1.90 per litre following a continued slide in global oil prices.
-
Gujarat Industries Accuse GAIL of Taking Arbitrary Action
Facing shutdown due to a drastic cut in natural gas supplies, over two dozen small industries of South Gujarat have accused state-owned GAIL India Ltd of selectively and arbitrarily taking action that is in contravention of the stated policy.
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Panel Set up to Develop Fuel Norms for Trucks, Buses
With commercial vehicles and buses guzzling more than a third of all diesel consumed in India, the government has constituted a high-level committee to develop fuel economy norms for heavy-duty vehicles.
-
Iran's Oil Minister Mohsen Paknejad Steps Down: Report
Mohsen Paknejad has been the oil minister of the OPEC member country since August 2024 and steps down as the seven-month war between Iran and the US puts pressure on the country's economy.
-
India Responds To Trump's Claim That PM Modi Made A Russian Oil Promise
India's consistent priority is to safeguard the interests of the Indian consumer in a volatile energy scenario, New Delhi has said in response to US President Donald Trump's claim
-
Shell To Sign 3 Deals To Develop Iran Oil And Gas Fields: Report
The Wall Street Journal earlier reported that both Shell and Total were to sign initial agreements on Wednesday.
-
India Fuel Consumption To Hit 200 Million Tonnes In 2016-17: Oil Ministry
A level of 200 million tones would compare to over 750 million tonnes in the United States last year and 500 million tonnes in China.
-
Oil Ministry Set To Give 60% Stake In ONGC Fields To Private Firms
Oil ministry is approaching the Cabinet to allow private companies take 60 per cent stake in producing oil and gas fields of national oil companies, ONGC and OIL, with the view that they would raise production above the baseline estimate.
-
GAIL India Scraps $7-Billion Natural Gas Tender: Report
GAIL will now hire the ships from the global spot or current market to transport liquefied natural gas (LNG), a top official said.
-
Bring Petroleum Products Under GST Ambit, Says Oil Minister Dharmendra Pradhan
Looking into the consumer interest, there must be tax rationalisation, the Oil Minister said.
-
Splitting Subsidy With Oil Producers Credit Positive: Moody's
Global rating agency Moody's Investors Service has said the Oil Ministry's plan to divide fuel subsidies equally between the government and the two state-owned upstream oil and gas producers namely ONGC and Oil India, is credit positive for both companies.
-
Oil Minister Hints at Deregulation of Diesel Rates
Under-recovery or the gap between retail selling price and the cost of import, this month dipped to an all-time low of 8 paise a litre, helped by the monthly increases and softening in international oil rates.
-
Government to Decide on Diesel Deregulation After State Polls: Report
This is perhaps the first time that retail prices in India are higher than the global rates due to a sustained monthly rise in local prices since January 2013.
-
Government Has Narrow Window for Gas Price as Deadline Looms Large
The government has a narrow window of one day to approve a new gas pricing mechanism to meet its own deadline of announcing a new rate.
-
Profit on Sale of Diesel Swells to Rs 1.90 Per Litre
Profit on sale of diesel has risen to Rs 1.90 per litre following a continued slide in global oil prices.
-
Profit on Sale of Diesel Swells to Rs 1.90 Per Litre
Profit on sale of diesel has risen to Rs 1.90 per litre following a continued slide in global oil prices.
-
Gujarat Industries Accuse GAIL of Taking Arbitrary Action
Facing shutdown due to a drastic cut in natural gas supplies, over two dozen small industries of South Gujarat have accused state-owned GAIL India Ltd of selectively and arbitrarily taking action that is in contravention of the stated policy.
-
Panel Set up to Develop Fuel Norms for Trucks, Buses
With commercial vehicles and buses guzzling more than a third of all diesel consumed in India, the government has constituted a high-level committee to develop fuel economy norms for heavy-duty vehicles.
