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Ethanol fuel costs Rs 70/litre, procurement falls 33% - government tells Parliament

Oil firms are paying more for ethanol than petrol – What government data shows

The Government told the Rajya Sabha on Monday that it had procured over 700 crore litres of ethanol for Rs 49,577 crore…

July 21, 2026 16:59 IST

Oil Ministry debunks ‘misleading claims’ about E20 fuel, reiterates usage won’t affect vehicle insurance validity

It confirmed that claims linking E20 fuel use to insurance invalidation had been clarified with relevant stakeholders and were found…

June 24, 2026 08:58 IST

OMC losses mount to Rs1 lakh crore; govt weighs how long firms can absorb hit

Oil Minister Hardeep Singh Puri said fuel price revisions are unrelated to elections as state-run oil companies face mounting losses…

May 12, 2026 18:01 IST

Hardeep Puri says India has enough fuel, LPG supply

‘No sudden petrol price hike’ – Oil Minister Hardeep Puri clarifies, says India no longer import-dependent for LPG

No sudden petrol price hikes or LPG shortages: Oil Minister Hardeep Singh Puri responded to growing concerns over fuel shortages,…

Updated: May 12, 2026 14:43 IST

ONGC set for 44% rally? CLSA lauds ‘surprise’ royalty cut, sees end of windfall tax fears as game-changer

ONGC may surge 44% as CLSA upgrades to ‘Outperform’ on royalty cuts and tax stability—invest now for potential high returns!

May 12, 2026 11:08 IST

Hardeep Puri announces oil and gas royalty reforms

Hardeep Puri announces ‘new era for India’: Government slashes royalty rates for oil and gas sector – ONGC, Oil India in focus

India slashes oil and gas royalty rates to boost upstream growth; explore what this means for ONGC and Oil India…

Updated: May 12, 2026 12:41 IST

‘OMCs stare at Rs 2 lakh crore under-recoveries in Q1,’ says Hardeep Puri

State-run oil marketing companies may suffer retail fuel losses of nearly Rs 1 lakh crore in the April-June quarter as…

Updated: May 11, 2026 20:00 IST

Govt caps refinery margins at $15/bbl to cushion fuel losses; OMCs to get steep discounts on RTP: Report

The government has capped refinery margins at $15 per barrel and introduced discounted RTP pricing to offset mounting fuel losses…

April 9, 2026 23:10 IST

Hardeep Puri in Qatar for 2 days: Decoding the importance of Doha visit for the Indian economy

Union Minister Hardeep Singh Puri’s Qatar visit comes at a critical juncture as India looks to secure LNG supplies and…

April 9, 2026 16:45 IST

A dynamic financial dashboard showing the 16% surge in MOIL share price and 8.5% rise in Chennai Petroleum alongside a Brent Crude oil price ticker at $103 per barrel during the March 2026 West Asia crisis.

Oil stocks rally: MOIL and Chennai Petro surge up to 16% as crude hits $103

Oil stocks like MOIL and Chennai Petro surge up to 16% as crude prices rally—track these top gainers now!

Updated: March 17, 2026 16:13 IST

India and Canada will commit to boosting energy trade

India-Canada in talks to boost oil and critical mineral trade: Report

India and Canada plan to expand energy trade, including crude, LNG and critical minerals, as both countries push to diversify…

January 27, 2026 13:36 IST

Oil India and Hindustan Copper signed a Memorandum of Understanding (MoU) on September 19 to cooperate and collaborate

Oil India diversifies into critical minerals, inks pact with Hindustan Copper

Oil India said that the move is a significant step towards strengthening India’s self-reliance in critical and strategic mineral sourcing.

September 19, 2025 18:33 IST

‘100% certainty’: Oil Minister Puri assures LPG compensation for OMCs

State-run oil marketing companies are set to receive long-awaited compensation for LPG subsidy under-recoveries, Union Minister Hardeep Singh Puri confirmed.

July 2, 2025 10:31 IST

Vedanta, Iran-Israel war, Middle East crisis, Hardeep Singh Puri, oil & gas sector, domestic manufacturing, energy needs, global oil prices, hydrocarbon reserves, government policies, Strait of Hormuz

Middle East crisis: Why is India’s oil dependence a risk again? And what Vedanta’s Agarwal thinks should change

Amid escalating tensions in the Middle East and fears of supply disruption, Vedanta Chairman Anil Agarwal has called for a…

Updated: June 25, 2025 11:59 IST

India achieved 20% ethanol blending target six years early: Oil Minister Hardeep Singh Puri

India hits 20 per cent ethanol blending milestone in early 2025, saving Rs 1.5 lakh crore and boosting clean energy…

June 19, 2025 19:04 IST

Oil prices dip as Israel-Iran conflict continues, India assures fuel supply is stable

Brent Crude slips 1%, all eyes on output from Iran; India’s Petroleum Minister assures, ‘no need to worry’

Global oil prices have fallen following Israel-Iran tensions, though supply routes remain unaffected. Indian Oil Minister Hardeep Singh Puri says…

Updated: June 16, 2025 16:52 IST

OMCs, oil companies, price hike, LPG prices, excise duty, petrol, diesel, compensation package, oil ministry, inventory

Oil companies may mop up Rs 9000 crore via LPG price hike, higher petrol, diesel excise duty

According to CNBC TV18, state-run OMCs — Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil…

April 8, 2025 11:10 IST

Jefferies says ONGC to jump 50% in 1 Year: 4 reasons why

Jefferies reiterates Buy on ONGC as it expects gas price reforms and contract with BP to improve margins and productivity.…

Updated: March 28, 2025 16:53 IST

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