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OIL MINISTER
Govt plans LNG buffer mandate for terminalsIndia is weighing a plan to fund emergency liquefied natural gas stockpiles. This initiative aims to bolster supply security after recent g...
After Delhi-Dehradun Expressway, potholes emerge on Rs 6,695-crore Pune-Mumbai Expressway just 2 months after inaugurationJust two months after its inauguration, the Pune-Mumbai Expressway's Missing Link is showing signs of wear, with pothole-like patches appea...
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
Diplomatic relations, right decisions: PM Modi outlines how India weathered Iran warPrime Minister Narendra Modi highlighted India's successful navigation of the West Asia crisis, attributing it to timely and correct decisi...
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh PuriState-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...
Major Russian attack kills 21 in Kyiv as Ukrainian strikes batter Moscow's oil sectorLoud explosions shook the Ukrainian capital, where more than 50,000 people sheltered in subway stations after authorities issued air raid w...
India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...
Union minister Margherita, Bihar Governor Hasnain to represent India at Khamenei's funeral: MEAIndia will send Minister of State for External Affairs Pabitra Margherita and Bihar Governor Syed Ata Hasnain to Iran for the burial ceremo...
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the tableIndirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like ma...
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopesOil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent decline...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...