Pakistan's federal government has reduced petrol prices by Rs 8.47 per litre and high-speed diesel by Rs 6.70 per litre for the next two weeks, following a global drop in fuel prices. The new petrol price is Rs 260.96, and diesel is Rs 266.07. This move, announced before Independence Day, ai
The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.
Petroleum and natural gas ministry has notified the allocation of gas produced from new wells or well interventions from nominated fields of ONGC/OIL at 20 per cent premium over the APM price. APM is an Administrative Price Mechanism.
The central government has granted an approval letter to Oil and Natural Gas Corporation Limited (ONGC) to invest significantly in ONGC Petro additions Limited (OPaL), the company informed the exchange in a filing.
The salient features of the amendments proposed in the said Bill, introduced in the Upper House today, are delinking petroleum operations from mining operations; broadening the scope of the expression 'mineral oils'; introducing the concept of "petroleum lease"; and granting lease on stable
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri is set to introduce the Oilfields (Regulation and Development) Amendment Bill, 2024 in Rajya Sabha on Monday to amend the Oilfields (Regulation and Development) Act,1948.
The first meeting of the India-Saudi Arabia High Level Task Force on Investments was held on Tuesday, wherein the two nations affirmed their commitment to bolster cooperation in the areas of petroleum, renewable energy, telecom and innovation.
Union Minister Scindia said that the industrial units would develop the Ashoknagar district and would generate employment opportunities leading to economic and social development of youth, women and the public.
The central government has taken several steps to insulate common citizens from high international prices, Minister of State in the Ministry of Petroleum and Natural Gas Suresh Gopi informed Parliament on Monday, as he highlighted several interventions.