Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
02 May, 2026, 12.34 AM IST
India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda SonowalIndia is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significa...
29 Apr, 2026, 09.08 PM IST
A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional EquitiesFuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses for Indian refiners. Kotak Inst...
23 Apr, 2026, 01.20 PM IST
Petrol, diesel prices to rise Rs 25–28 per litre? Petroleum ministry clarifiesGovernment has firmly denied any plans to raise petrol and diesel prices, calling such reports mischievous and misleading. Officials emphas...
23 Apr, 2026, 11.37 AM IST
Indian oil PSU's have global presence with net investments of $40.6 billion, across 21 countries, says Hardeep PuriIn New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Pr...
17 Jul, 2024, 10.57 AM IST
Petroleum Minister Hardeep Puri hails ONGC after share price skyrockets to all-time highOil and Natural Gas Corporation (ONGC) made history as its share price surged past Rs 323 with a 5.18 per cent intraday gain, boosting its ...
16 Jul, 2024, 12.21 PM IST
Oil PSUs commit Rs 100 cr for redevelopment of Hindu shrine Badrinath Dham"It is a matter of great pride for our oil PSUs to be associated with the redevelopment of one of the holiest shrines of Sanatan Dharma. We...
06 May, 2021, 04.48 PM IST
Revenue constrained govt may push oil PSUs short on FY21 capex to pay higher dividendThe government has asked companies to complete at least 75 per cent of capex till the end of December quarter. But this looks highly unlike...
24 Dec, 2020, 04.03 PM IST
IOC, ONGC, other PSUs implementing Rs 3.57 lakh crore projects: Petroleum MinistryIn Twitter posts, the Ministry of Petroleum and Natural Gas said out of Rs 3.57 lakh crore being spent on 859 projects, over Rs 60,000 cror...
06 Jul, 2020, 04.54 PM IST
Panel submits a report on reducing oil import dependencyThe high-level committee (HLC) was constituted to examine the issues relating to the preparation of action plan to create synergy among R&D...
21 May, 2019, 10.13 PM IST
Indian PSUs scouting for discovered oilfields in Russia: PradhanIndian PSUs have already invested USD 15 billion in picking up stakes in Russian oil and gas projects like Sakhalin-1, he said at a confere...
13 Sep, 2018, 08.57 PM IST
PSUs told to pay for government's third anniversary eventsGovernment entities such as NHAI and port trusts, as well as PSUs such as Hudco, National Building Construction Corporation and BSNL, will ...
30 May, 2017, 10.16 AM IST
ONGC, OIL clear air over auctions in Assam via advertisements: GovernmentStrikes and blockages by some students' unions, among others, that crippled oil and gas output of Oil India Ltd (OIL) and ONGC were organis...
08 Aug, 2016, 05.18 PM IST
RBI liberalises norms for PSU investment in oil sector overseasRBI today allowed state run ONGC Videsh (OVL) and Oil India (OIL) to invest in their incorporated overseas entities for exploration and dri...
23 Apr, 2013, 08.29 PM IST
- Oil Ministry blocks PSUs buying Gujarat Gas stake
GSPC going solo in acquisition of BG Group's stake in Gujarat Gas Co Ltd was a result of Oil Ministry blocking its PSUs from joining the Gu...
24 Oct, 2012, 04.33 PM IST
- Oil PSUs to the rescue of Prasar Bharti; promise ads for CWG
With advertisers hard to come by, oil PSUs have been roped in to bailout public broadcaster Doordarshan - the official telecaster of the 12...
24 Sep, 2010, 07.14 PM IST
- Oil officers' strike starts amid reports of dislocation
Officers of 13 oil PSUs on Wednesday defied High court orders and went on indefinite strike, leading to a shutdown of gas supplies from the...
07 Jan, 2009, 12.14 PM IST