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PETROLEUM MINISTRY
Govt rolls out GOBARdhan rules with assured CBG offtake, 10-year price supportThe government’s Rs 23,731-crore GOBARdhan scheme aims to give India’s CBG industry a more predictable business model, with assured offtake...- Aadhaar authentication mandatory for subsidised LPG refills from October 1; 27.43 crore consumers already coveredDomestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is manda...
- India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
- India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
- India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
- Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top marketIndia’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports dec...
- India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
- 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...
- PM Modi, Iran's Pezeshkian hold first New Delhi talks since West Asia war; vow to expand bilateral tiesPrime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian in New Delhi on Friday, reviewing the escalating West Asia...
- Oman postpones regional talks on Strait of HormuzOman postponed a meeting on the Strait of Hormuz amid regional tensions. An Iranian ship was struck near the waterway, killing one person. ...
- Houthi advance in Yemen puts U.S. in a new bindA Houthi advance along Yemen’s coast and seizure of Perim island have increased the group’s ability to threaten the Bab el-Mandeb Strait, r...
- 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...
- $100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- 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...
- Only 23% of rural households use LPG exclusively, CEEW studies findMany rural households lack doorstep LPG delivery, facing refill cost and logistics issues. Only a fraction of rural homes use LPG exclusive...
- 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 ...
- Supreme Court dismisses PIL seeking ethanol content disclosure at petrol pumpsThe Supreme Court took action on Monday by dismissing a public interest litigation that sought mandatory transparency regarding ethanol per...
- Revised CBG pricing to support producers, consumer impact to remain negligible: Petroleum MinistryNew Delhi's petroleum ministry clarified Compressed Biogas pricing changes on Saturday. The revised framework offers producers a stable and...
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