Search For "petroleum"
"LPG price increase will enable oil companies to offset their under-recove
Updated : 11 months, 3 weeks ago IST
In a post on X, Hardeep Puri said, "We have been providing affordable LPG cylinders to our customers before, and we will continue to do so. The international benchmark for LPG, Saudi CP, saw a 63 per cent price increase (from $385/MT in July 2023 to $629/MT in February 2025), while during
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No relief to people on petroleum prices, "Kumbhakarna sleep" on tariff po
Updated : 11 months, 3 weeks ago IST
Amid the turmoil in stock markets over the tariffs imposed by US President Donald Trump, Congress chief Mallikarjun Kharge on Monday attacked the Modi government, stating that the benefit of reduced international crude prices has not been passed on to consumers and excise duty has now been h
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LPG cylinders to get costlier by Rs 50 from tomorrow
Updated : 11 months, 3 weeks ago IST
"The price per cylinder of LPG will increase by Rs 50. From Rs 500, it will go up to Rs 550 (for PMUY beneficiaries), and for others, it will go up from Rs 803 to Rs 853," the minister said.
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ONGC's startup fund sees 450% growth in valuation over 5 years, ministry r
Updated : 11 months, 3 weeks ago IST
ONGC's startup fund has seen a 450 per cent growth in valuation over five years, according to a release by the Ministry of Petroleum and Natural Gas.
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Gujarat: Dahej PCPIR to receive enhanced connectivity, CM reviews the ongo
Updated : 11 months, 4 weeks ago IST
The Dahej Petroleum, Chemicals, and Petrochemical Investment Region (PCPIR) in Gujarat is anticipated to benefit from significant improvements in road connectivity in the forthcoming days. This enhancement will facilitate increased accessibility and operational efficiency within the region,
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L&T likely to win USD 4-4.5 bn contract from QatarEnergy LNG: Axis Cap
Updated : 1 year ago IST
Larsen & Toubro (L&T) is likely to emerge as the winning bidder for a significant project from QatarEnergy LNG worth between USD 4 billion and USD 4.5 billion, according to the Axis Capital report, which cited a media report.
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PNGRB proposes reforms to boost investment and Gas consumption
Updated : 1 year ago IST
In a significant move aimed at increasing investment and boosting gas consumption, particularly in CNG and domestic PNG sectors, the Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed amendments to the PNGRB (Determination of Natural Gas Pipeline Tariff) Regulations, 2008.
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India targets 5.0 MMSCMD Coal Bed Methane production by 2027-28 to boost e
Updated : 1 year ago IST
With strong policy support, technological advancements, and rising investments, the CBM sector presents a lucrative opportunity for both domestic and international energy companies.
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Government taking steps to strengthen strategic petroleum reserves: MoS Su
Updated : 1 year ago IST
Government and OMCs evaluate, from time to time, the possibility of augmentation of storage capacities based on technical and commercial feasibility
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Union govt is measuring to increase blending of ethanol in petrol beyond 2
Updated : 1 year ago IST
The National Policy on Biofuels - 2018, as amended in 2022, inter-alia advanced the target of 20 per cent blending of ethanol in petrol to Ethanol Supply Year (ESY) 2025-26 from 2030.
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BPCL Launches "Emerge" Cohort under BPCL Ankur Fund to Foster Innovation i
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 20: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company, has announced the launch of the 'Emerge' cohort under the BPCL Ankur Fund to support startups in Energy Efficiency and City Gas Distribution (CGD). This reinforces BPCL's contri
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India will drive global oil consumption growth: Phillip Capital
Updated : 1 year ago IST
"With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily reliant on fossil fuels, including oil, to meet its needs," said the report.
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