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PETROLEUM MINISTRY STATEMENT
Ministry of Petroleum and Natural Gas approves Rs150 Cr assistance for India's first private hybrid 2G ethanol project in UPThis initiative marks a significant stride towards India's circular bioeconomy, reducing reliance on food-based feedstocks and bolstering e...- New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
- India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
- WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...
- Seven Naga groups oppose Centre-Assam-Nagaland energy deal before settlement of issuesNaga groups are opposing a new energy exploration deal between the Centre, Assam, and Nagaland. They argue that natural resource ownership ...
- Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
- Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...
- US plans additional 12.5% tariff; India says talks on Section 301 probes ongoingThe US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- Maruti Suzuki to fuel India's ethanol shift with first flex-fuel car that's coming soonIndia's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This ...
- ONGC yet to take control of Cambay Block as Vedanta challenges govt moveONGC has not yet taken control of the Cambay basin block CB-OS-02. Vedanta is challenging the government's decision to reject the contract ...
- Govt says India has ample petrol, diesel supply, calls for crackdown on diversionThe govt has confirmed that petrol and diesel supplies are ample for every home and community in the country. Instances of regional shortag...
- Fuel Price Today, May 23, 2026: What is the petrol, diesel & CNG price in Delhi, Mumbai, Kolkata & Chennai after latest hike?Fuel prices in India have seen another hike, with petrol and diesel rates increasing by Rs 0.87 and Rs 0.91 per litre respectively. This ma...
- Energy, economics and old ties: Why Marco Rubio's Modi meeting mattersUS Secretary of State Marco Rubio met Prime Minister Narendra Modi in New Delhi. Discussions focused on energy security amid a global crisi...
- India, UAE likely to sign pacts on LPG, Strategic Petroleum Reserves during PM Modi's UAE visit: SourcesPrime Minister Narendra Modi's upcoming visit to the United Arab Emirates will highlight energy security. Two significant agreements on Liq...
- PM’s UAE visit to advance Strategic Defence PartnershipPrime Minister Narendra Modi's visit to the UAE will focus on strengthening the Strategic Defence Partnership. This collaboration includes ...
- Petrol, Diesel Price Today May 9: Check Delhi, Mumbai, Gurugram rates as reports of a hike next week emergePetrol Diesel Price Today in India: Domestic petrol and diesel prices remained stable across most major Indian cities on Saturday, despite ...
- PM Modi condemns targeting of civilians & infra in UAEPrime Minister Narendra Modi strongly condemned the attack on the Fujairah Petroleum Industries Zone in the UAE. Three Indian nationals wer...
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