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OIL MINISTRY
Russian envoy summoned over killing of four Indians"Today, the Russian Charge d'Affaires, Mr Vladimir Ladanov, was summoned to the Ministry of External Affairs. The Ministry conveyed India's...
Automobile industry urges formal mechanism for petrol pump fuel quality checks amid E20 concernsAutomakers want a formal system to detect fuel contamination at petrol pumps. Drivers report worsening vehicle performance after increased ...
Parliament Watch: FM on rupee, `16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
Kazakhstan condemns attack on vessels carrying hydrocarbons in Black SeaKazakhstan condemned UAV attacks on vessels transporting oil via the Caspian Pipeline Consortium infrastructure. These attacks are viewed a...
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
Ukraine fires 400 drones toward Moscow as Zelenskyy grapples with protestsUkraine launched over 400 drones toward Moscow in a significant retaliatory strike. Russia responded with ballistic missile bombardments on...
India bonds steady after swinging with oilOn Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiation...
Iran says fighting 'full-scale war' with USIran's president declared a full-scale war against the United States on Monday. Washington expanded its strikes across Iran, hitting cities...
Rupee hits two-month low, oil prices remain focal pointThe Indian rupee hit a two-month low on Monday as oil prices hovered around ninety dollars per barrel. In an effort to stabilize the curren...
Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...
Russian attacks kill 6 in Kyiv, other cities; expose gaps in Ukraine's air defencesMoscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...
Iraq, US sign 48 agreements during Prime Minister Ali al-Zaidi's visitIraq signed 48 agreements and partnerships with American companies, many in the oil sector, during a visit to the US by Prime Minister Ali ...
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
'Closely following': India on US bill seeking 100% tariffs on India, othersIndia on Friday said it is closely monitoring a proposed US bill that seeks to impose 100% tariffs on countries, including India, buying Ru...
Govt adds iron ore to core sector index taking total components to 9Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from ei...
Iraqi oil loadings briefly suspended after drone hits tanker at Basra, sources sayIraq briefly suspended oil loadings after a drone struck an oil tanker. The drone did not cause damage or start a fire at the terminal. Loa...
PM Modi pushes to cut imports to shield India from shocksIndia is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce d...
E20 causes no engine damage, no major mileage loss: IIT KanpurIIT Kanpur researchers report no significant fuel efficiency drop with E20 petrol. Their studies found no evidence of engine damage from th...
Rs 1 lakh crore risk: Oil Ministry plays cost card to defend E20Defending its policy, the government warned of the risk of stranding massive investments made in ethanol infrastructure over the past few y...
E20 petrol may cut mileage by 3-5% in some vehicles, but benefits outweigh impact: Oil MinistryThe government acknowledges E20 fuel's minor fuel economy reduction. This impact is outweighed by benefits like better engine performance a...