petroleum ministry

In a ‘historic first’ India to buy 10% of its LPG import from US in one year deal: Hardeep Puri

India secures its first long-term US LPG import deal, boosting energy security and affordability for households—learn more about this milestone.

Updated: November 17, 2025 11:28 IST

ethanol, ethanol blending, petrol ethanol, ethanol e20

‘Better acceleration, ride quality’ but higher price: Centre addresses concerns over Ethanol blending

The Ministry said Ethanol Blending is a national programme and some are seeking to derail it by “fomenting fear and…

August 12, 2025 19:39 IST

E20 fuel row explained: Can you still get unblended petrol? What Indian consumers should know (Image: X)

Ethanol-blended petrol safe for vehicles, assures Government; says claims of vehicle harm ‘unfounded’

Society of Indian Automobile Manufacturers (SIAM) also confirmed that E20-compliant vehicles began rolling out in April 2023.

August 5, 2025 08:57 IST

India Unveils Major Oil & Gas Reforms: Investor Protection, Infrastructure Sharing, and Green Transition . (Image source: Linkedin)

Govt unveils more safeguards for investors in oil & gas sector

India’s Ministry of Petroleum and Natural Gas has introduced the Draft Petroleum & Natural Gas Rules, 2025, a landmark reform…

July 9, 2025 19:30 IST

India's Gas Market Gears Up for Global Hub Status: PNGRB's Sweeping Reforms. (Image Source: Reuters)

Regulator plans gas exchange revamp

The PNGRB unveils ambitious plans to transform India’s natural gas market into a global hub, introducing new products like CBG,…

July 8, 2025 18:21 IST

Suresh Gopi’s Call for ‘Upper Caste’ Oversight of Tribal Affairs Triggers Political Storm. (Image Source: X/@TheSureshGopi)

Union min Suresh Gopi’s remark ‘upper castes should handle tribal affairs portfolio’ stirs massive row

Union Minister Suresh Gopi sparked controversy on Sunday, suggesting that the “upper castes” should manage the Tribal Affairs ministry for…

February 2, 2025 17:53 IST

petroleum, oil, petroleum export, India’s exports of petroleum products, petroleum products, Economy

Petroleum product exports slip 12 per cent in November

Exports to West Asia registered only a marginal increase of 2% in November at 213,471 barrels per day compared to…

December 3, 2024 18:55 IST

ATF, petroleum, economy, Fuel, crude oil, tax, windfall tax,

EXPLAINER | Why the windfall tax has outlived its utility

Even as global economic growth remains tepid, intensifying electrification and slowdown in China is leading to reduced demand for crude…

November 22, 2024 02:30 IST

Export of petroleum products falls amid surplus Asian supplies

Asia’s share in Indian petroleum products exports decreased to 14% in August against 22% in July.

September 7, 2024 00:05 IST

OMCs may look at fuel price cut: Puri

BPCL to set up new refinery, gas to be brought under GST

June 12, 2024 02:45 IST

Hardeep Singh Puri, Hardeep Singh Puri ministry, natural gas, petroleum gas, ministry of petroleum and natural gas, minister Hardeep Singh Puri, modi 3.0, modi 3.0 cabinet

Import substitution, making gas economy viable among key challenges for Puri

In 2015, the government had set a target to reduce reliance on oil imports to 67% by 2022 from 77%…

June 11, 2024 02:30 IST

Petroleum products exports drop 15% in March on weak margins

The country exported a total of 1.28 million barrels per day of refined oil products in March, down 12.5% from…

March 29, 2024 01:30 IST

Export, petroleum products, India, North Sea, top news, latest news, business news,

Export of petroleum products falls to 15-month low in Jan

The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel,…

February 1, 2024 00:20 IST

DMI, ZestMoney, acquisition, NBFC, checkout financing platform, balance-sheet strength, international banks, digital lending

Centre awarded projects worth Rs 500 crore to Big Five consultants in 5 years: Report

The firms include the Big Four — PricewaterhouseCoopers (PwC), Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited and KPMG…

November 8, 2023 13:57 IST

HPCL becomes first OMC to pilot E27 fuel and ethanol-blended diesel in India

Going ahead, India’s next milestone in the ethanol blending program is achieving 27% ethanol blending beyond E20 fuel.

June 10, 2023 08:33 IST

BPCL plots Rs 49,000 crore CAPEX to be future-ready

The core component of the expansion projects is the Ethylene Cracker Project, which will drive the production of essential petrochemicals.

May 18, 2023 17:04 IST

Windfall tax for domestic crude oil reimposed; duty on export of diesel slashed

The windfall gains tax on domestically produced crude oil has been reimposed to the tune of Rs 6,500 per tonne…

Updated: April 19, 2023 07:49 IST

Govt slashes windfall tax on crude production to zero; diesel windfall gains tax cut to Rs 0.5 per litre

The government cut the windfall gains tax on domestically produced crude oil to zero on Tuesday.

April 4, 2023 11:51 IST

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Why did RBI Governor say India’s economy is in ‘rare Goldilocks period’?

Policy32 min ago

RBI Governor Sanjay Malhotra cuts repo rate to 5.25%, describing India’s economy as a “rare Goldilocks period” with high growth and low inflation. GDP growth estimates revised to 7.3% for FY26 and inflation estimates lowered to 2%. This is expected to boost credit expansion in the banking industry.

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