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MINISTER OF PETROLEUM AND NATURAL GAS OF INDIA
India, China discuss deepening energy cooperation as Chinese oil executive meets Hardeep PuriChinese and Indian officials met to discuss deepening energy cooperation. CNPC Chairman Dai Houliang met with Minister Hardeep Singh Puri i...
WPI inflation edges higher to 9.9% in August, fuel leads riseWholesale prices increased to 9.9% year-on-year in August from 9.8% in July. Fuel and power inflation rose significantly, driven by mineral...
India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...
Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
Indradhanush Gas Grid clocks Rs 632 crore capex in FY26, project progress reaches 88.6%Indradhanush Gas Grid Limited incurred Rs 632 crore in capital expenditure during FY26, taking cumulative spending to Rs 6,878 crore, as ph...
Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
Iran suspends freight charge on foreign vessels carrying energy products to or from IranIran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...
Ecocide being executed with full support of PM Modi: Cong on Tara coal block auctionThe Congress party has strongly criticized the Modi government's recent auction of the Tara coal block. This action is taking place within ...
Dilip Buildcon shares rally 12% on bagging Rs 1,800 crore LPG pipeline projectDilip Buildcon shares rallied after the company received an LOI from PNGRB to develop an LPG pipeline from Paradip to Raipur. The project g...
Malaysia's data centres guzzling more power as temperatures soar, officials sayThe share of data centres in overall power consumption surged to a record 9.3% in the second week of August, compared with an average of 7%...
India's fuel demand fell 2.8% y/y in AugIndia's overall fuel demand saw a slight decrease of 2.8 percent in August compared to last year. Gasoline consumption increased by 8.2 per...
Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh GopiThe Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...
Viability issues: Think Gas seeks 30% reduction in LNG terminal chargesCity gas distributor Think Gas urges a thirty percent reduction in LNG terminal usage charges. High regasification and truck loading fees c...
Chevron to expand Venezuela operations: US official confirms new investments and visitEnergy giant Chevron is expected to announce its expansion plans in Venezuela soon. Company officials and the Energy Secretary will visit V...
Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...