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PETROLEUM MINISTRY FOR CONSULTATION
India eyes global bio-energy leadership with unified push on capital, missions and SAF exportsIndia is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference ...- 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...
- 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...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- Iran war energy shock drives India's interest in ethanol and other biofuelsIndia and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil ...
- US military says it intercepted Iranian attacks on 3 Navy ships in Strait of HormuzUS-Iran war news: US forces intercepted Iranian attacks on Navy ships in the Strait of Hormuz. The US military responded by targeting Irani...
- Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with USIran has formed a new government agency to control passage through the Strait of Hormuz. This move raises concerns for international shippi...
- Govt examining removal, reduction of 11% import duty on cotton: OfficialThis move aims to ease cost pressures on domestic textile companies. Discussions are underway with relevant ministries for potential reduct...
- India proposes new vehicle rules to allow higher ethanol-blended fuelsIndia has proposed amendments to its motor vehicle rules to formally integrate higher ethanol-blended fuels, including E85 (85% ethanol) an...
- E100? Govt wants to go beyond E20 amid concerns over impact of ethanol on older vehiclesIndia's aggressive ethanol blending program, aimed at reducing crude oil imports, is raising concerns for vehicle owners. Vehicles designed...
- "Companies not able to supply oil properly:" Andhra Petroleum Association flags diesel shortage, long queues at fuel stationsCommuters in Andhra Pradesh face severe diesel shortages. Long queues have formed at petrol bunks for two days. Limited supply from oil com...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Govt eyes ethanol blend beyond 20%, pushes flex-fuel vehiclesIndia is exploring higher ethanol blending in petrol and flex-fuel vehicles. This move aims to reduce reliance on imported oil. Discussions...
- Induction cooktop makers may be enticed with duty, GST cutsIndia is weighing tax cuts on induction cooktops. This aims to boost local manufacturing and make electric cooking more affordable. The gov...
- West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
- Oil ministry seeks to reform itself to address future energy challengesThe Ministry of Petroleum and Natural Gas is seeking to restructure and enhance its policy-making effectiveness for future energy sector ch...
- PESO to formulate safety norms to allow petrol pumps within 30-50 mtrs of habitation: Piyush GoyalCommerce and Industry Minister Piyush Goyal has instructed PESO to develop safety guidelines for petrol pumps to operate near residential a...
- Niti Aayog for end to price curbs on local natgasThe Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambi...
- After Leakgate, ministries may keep consultants at arms lengthDifferent options are now being explored to change the workflow at ministries so that consultants are no longer involved with handling of s...
- Petroleum Min asked to consult EIL for Shell's proposalThe Foreign Investment Promotion Board is understood to have directed the Ministry of Petroleum and Natural Gas to get bodies like Engineer...
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