Petroleum Ministry
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After Fuel Price Hike, Oil Companies' Daily Loss Now Rs 750 Crore
"Currently, the daily loss incurred by state-run oil companies stands at approximately Rs 750 crore. This figure includes the import costs for petrol, diesel, and LPG," Sujata Sharma, Joint Secretary at the Ministry of Petroleum, said today.
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Amid Russia-Ukraine Conflict, Government Assures Fuel Price Stability
Government has assured that it is "closely monitoring" potential supply disruptions and is ready to take steps for ensuring supplies at stable prices
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India Urges Qatar To Expedite Delivery Of Natural Gas Cargo
India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes
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Government To Set Up Refiners' Panel For Seeking Better Crude Deals
India is forming a group that brings together state-run and private refiners to seek better crude import deals
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India's Oil Demand Rises Nearly 3 Per Cent in September
India's oil consumption rose nearly 3 per cent in September while diesel sales fell for the second time this fiscal year.
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Centre Calls Meeting With States on Diesel Price: Report
With state-specific levies adding up to Rs 7 a litre in price of diesel, the Centre has called a meeting with 12 states with the highest incidence of taxes like octroi and entry tax, to impress upon them to cut these duties and bring down prices.
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Petroleum Ministry for 5% Disinvestment of ONGC: Nirmala Sitharaman
As per the Budget 2014-15, the disinvestment target is Rs 58,425 crore including receipts from disinvestment of government stake in the non-government companies.
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Oil Ministry Rebukes ONGC for Making 'Frivolous Allegations'
Rebuking ONGC for making "frivolous allegations" against the government, the Petroleum Ministry has told the Delhi High Court that the state-owned firm -woke up from slumber- to allege that its gas may be flowing out of wells of Reliance Industries' KG-D6 fields.
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Cut Gas From Non-priority Areas for Retail Needs: Government to Gail
The Petroleum Ministry in an order today said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution (CGD) entities for CNG and piped cooking gas sector.
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Crude Oil Output Fell 1% In April
India's crude oil production fell 1 per cent in April after lower output from fields operated by private sector wiped away gains by firms like ONGC
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After Fuel Shortage, Government Asks Private Retailers To Maintain Adequate Stock
In a bid to rein in private fuel retailers curtailing operations to cut losses, Government has expanded the scope of Universal Service Obligation
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Natural Gas Production Rises 12% In January
Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022
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Oil Production Fell 2.4% In January 2022
Country's crude oil production slipped to 2,511.66 thousand metric tonnes in January 2022
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Crude Oil Output Fell 2.19% In February
Crude oil production in the country fell 2.19 per cent to 2272.26 thousand metric tonnes (TMT) in February 2022
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CBI Charges Ex-Chief Of Hydrocarbons In 2005 Corruption Case
Vinod Kumar Sibal, former Director General of Hydrocarbons the regulatory body under the petroleum ministry -- has been chargesheeted by the Central Bureau of Investigation in an alleged corruption case.
-
After Fuel Price Hike, Oil Companies' Daily Loss Now Rs 750 Crore
"Currently, the daily loss incurred by state-run oil companies stands at approximately Rs 750 crore. This figure includes the import costs for petrol, diesel, and LPG," Sujata Sharma, Joint Secretary at the Ministry of Petroleum, said today.
-
Amid Russia-Ukraine Conflict, Government Assures Fuel Price Stability
Government has assured that it is "closely monitoring" potential supply disruptions and is ready to take steps for ensuring supplies at stable prices
-
India Urges Qatar To Expedite Delivery Of Natural Gas Cargo
India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes
-
Government To Set Up Refiners' Panel For Seeking Better Crude Deals
India is forming a group that brings together state-run and private refiners to seek better crude import deals
-
India's Oil Demand Rises Nearly 3 Per Cent in September
India's oil consumption rose nearly 3 per cent in September while diesel sales fell for the second time this fiscal year.
-
Centre Calls Meeting With States on Diesel Price: Report
With state-specific levies adding up to Rs 7 a litre in price of diesel, the Centre has called a meeting with 12 states with the highest incidence of taxes like octroi and entry tax, to impress upon them to cut these duties and bring down prices.
-
Petroleum Ministry for 5% Disinvestment of ONGC: Nirmala Sitharaman
As per the Budget 2014-15, the disinvestment target is Rs 58,425 crore including receipts from disinvestment of government stake in the non-government companies.
-
Oil Ministry Rebukes ONGC for Making 'Frivolous Allegations'
Rebuking ONGC for making "frivolous allegations" against the government, the Petroleum Ministry has told the Delhi High Court that the state-owned firm -woke up from slumber- to allege that its gas may be flowing out of wells of Reliance Industries' KG-D6 fields.
-
Cut Gas From Non-priority Areas for Retail Needs: Government to Gail
The Petroleum Ministry in an order today said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution (CGD) entities for CNG and piped cooking gas sector.
-
Crude Oil Output Fell 1% In April
India's crude oil production fell 1 per cent in April after lower output from fields operated by private sector wiped away gains by firms like ONGC
-
After Fuel Shortage, Government Asks Private Retailers To Maintain Adequate Stock
In a bid to rein in private fuel retailers curtailing operations to cut losses, Government has expanded the scope of Universal Service Obligation
-
Natural Gas Production Rises 12% In January
Natural gas production in India rose by 12.17 per cent to 2,861.09 million metric standard cubic meters in January 2022
-
Oil Production Fell 2.4% In January 2022
Country's crude oil production slipped to 2,511.66 thousand metric tonnes in January 2022
-
Crude Oil Output Fell 2.19% In February
Crude oil production in the country fell 2.19 per cent to 2272.26 thousand metric tonnes (TMT) in February 2022
-
CBI Charges Ex-Chief Of Hydrocarbons In 2005 Corruption Case
Vinod Kumar Sibal, former Director General of Hydrocarbons the regulatory body under the petroleum ministry -- has been chargesheeted by the Central Bureau of Investigation in an alleged corruption case.
