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Ministry of Petroleum & Natural Gas

Government calls media report claiming ‘Oil Ministry seeks windfall tax review’ “MISLEADING”

Government calls media report claiming ‘Oil Ministry seeks windfall tax review’ “MISLEADING”

Tue, Sep 20, 2022

Government has refuted media reports suggesting that oil ministry has sought a review on windfall tax. The Ministry of Petroleum & Natural Gas in a press release on Tuesday has called these reports “misleading”

Ministry of Petroleum and Natural Gas launches Open Acreage Licensing Programme Bid Round-VIII

Ministry of Petroleum and Natural Gas launches Open Acreage Licensing Programme Bid Round-VIII

Fri, Jul 08, 2022

The Government has launched the OALP Bid Round-VIII, offering 10 blocks, for International Competitive Bidding on July 7,2022.

India's oil imports from Russia, minuscule compared to consumption, says Petroleum Ministry

India's oil imports from Russia, minuscule compared to consumption, says Petroleum Ministry

Wed, May 04, 2022

The Ministry of Petroleum & Natural Gas on Wednesday issued a statement over a report on the purchase of crude oil from Russia.

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Centre launches Open Acreage Licensing Programme (OALP) Bid Round-VII: Know time limit and other details

Centre launches Open Acreage Licensing Programme (OALP) Bid Round-VII: Know time limit and other details

Tue, Dec 21, 2021

The central government has launched the Open Acreage Licensing Programme (OALP) Bid Round-VII for International Competitive Bidding.

LPG Cylinder Price: Govt increases subsidy on cooking gas under PAHAL after international rates shot up

LPG Cylinder Price: Govt increases subsidy on cooking gas under PAHAL after international rates shot up

Fri, Feb 14, 2020

LPG Cylinder Price: The government has increased its subsidy on a 14.2 kg LPG cylinder for domestic users from Rs 153.86 to Rs 291.48 per cylinder, a release by the Ministry of Petroleum & Natural Gas said

Oil firms'' merger will create multiple entities -- also problems

Oil firms'' merger will create multiple entities -- also problems

Sun, Feb 05, 2017

"It will not be one company. It will not be wise to put all eggs in one basket. There will be multiple companies...but all these will be integrated," Pradhan told reporters here following the budget presentation earlier last week.

Chennai oil spill: Over 90% of clean-up work over,says Centre

Chennai oil spill: Over 90% of clean-up work over,says Centre

Sat, Feb 04, 2017

"The total quantity of sludge which was removed till February 2 was 65 tonnes. It is observed that there is a vast difference between quantity of oil spilt and sludge recovered due to the fact that the oil gets coagulated and becomes puffy when it is recovered with water and sand," an official release said.

Customers won't have to pay MDR charges at petrol pumps, Oil Minister Dharmendra Pradhan says

Customers won't have to pay MDR charges at petrol pumps, Oil Minister Dharmendra Pradhan says

Mon, Jan 09, 2017

Pradhan said that Oil companies and banks discussing who is to bear MDR charges, adding, "Petrol pumps will continue to accept card payments post January 13."

Digital Push: Major oil companies provides discount on online payment for LPG refill

Digital Push: Major oil companies provides discount on online payment for LPG refill

Tue, Jan 03, 2017

In a move to boost online payment for LPG refill, major oil companies like Indian Oil Corp, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Limited (HPCL) on Tuesday announced upfront discount of Rs 5 on every LPG refill for their customers.

Petrol exports in November lowest since April, shows Petroleum Ministry data

Petrol exports in November lowest since April, shows Petroleum Ministry data

Thu, Dec 15, 2016

In the month of April, the diesel exports were 20.61 lakh metric tonne.

India's oil demand drops in September as prices rise to year's high

India's oil demand drops in September as prices rise to year's high

Tue, Oct 18, 2016

Petrol and diesel demand in India for the month of September fell to its lowest point this year, data released by Petroleum Planning & Analysis Cell of Ministry of Petroleum & Natural Gas showed.

Over Rs 21,000 crore saved by blocking 3.34 fake LPG connections: Govt tells CAG

Over Rs 21,000 crore saved by blocking 3.34 fake LPG connections: Govt tells CAG

Wed, Aug 24, 2016

The Ministry claimed that if PAHAL was not implemented, the subsidy burden would have been higher than the actual expenditure even with lower petroleum prices.

Indian Oil signs MoU with Bangladesh for route permit

Indian Oil signs MoU with Bangladesh for route permit

Fri, Aug 19, 2016

The MoU was signed due to a scarcity of essential petroleum goods in Tripura.

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