Latest News on Oil Ministry
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Oil Ministry - Total results - 150
Dec 07, 2018
Ethanol blending with petrol to double at 8% in 2018-19 sugar year: Oil minister Dharmendra PradhanEthanol blending with petrol is likely to double to 8 percent in the current season as a better price is being offered by oil marketing companies, Petroleum Minister Dharmendra Pradhan said on Friday.
Dec 03, 2018
Govt forms six-member panel to look at selling 149 oil and gas fields of ONGC and OIL to private companiesThe committee is a follow up of the 12 October meeting called by Prime Minister Narendra Modi to review domestic production profile of oil and gas
Nov 16, 2018
Fuel rates continue to decline further due to fall in crude prices; OMCs, oil producers to get a breatherFriday is the is the 30th consecutive day when fuel prices have not been increased in the country
Nov 08, 2018
Expert panel seeks public comments on easing norms for setting up petrol pumpsThe Oil Ministry had last month set up a five-member expert committee to recommend easing of fuel retailing licensing rules.
Oct 23, 2018
Govt looks to relax norms for setting up petrol pumps; keen on getting more private players into fuel retailingState-owned oil marketing companies - IOC, BPCL and HPCL, currently own most of 63,498 petrol pumps in the country
Sep 28, 2018
Govt hikes natural gas prices by 10% to $3.36 per mmBtu from 1 OctoberAs per the new gas pricing formula approved by the NDA government in October 2014, gas prices are to be revised every six months.
Sep 12, 2018
Delhi High Court turns down PIL seeking check on fuel prices, says can't interfere in such economic mattersIn the PIL, the complainant held that oil manufacturing companies fixing fuel prices was totally unlawful and unwarranted.
Aug 13, 2018
India's fuel demand jumps 7.3% in July, driven by sharp rise in petrol and diesel consumptionDuring July, petrol sales were up 7.8 percent at 2.3 million tonnes while diesel consumption was up 4.8 percent to 6.6 million tonnes.
Jun 28, 2018
Government preparing for cut in oil imports from Iran, asks refiners to scout for alternativesIndia, the biggest buyer of Iranian oil after China, will be forced to take action to protect its exposure to the US financial system
Jun 26, 2018
Govt allows companies to explore for oil, gas beyond block boundariesIn a bid to make it easier for explorers to find and produce more oil and gas, the Government has allowed companies to go beyond their allocated block boundaries if a discovery were to extend outside their contracted area