Petroleum Ministry

LPG allocation raised to 70 per cent for key industrial sectors, with cap of 0.2 thousand tonnes per day per sector and conditions for eligibility

Amid vessel-diversion rumours, the petroleum ministry also said that Indian refiners have secured crude and LPG imports, including from Iran

Kerosene, once widely subsidised and used in India, was phased out with LPG expansion; now, amid global supply disruptions, the fuel is making a temporary return to households

Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis

Government says land acquisition for strategic petroleum reserve projects in Odisha and Karnataka is progressing, as energy security gains focus amid global uncertainties

The move comes at a time when the world's second largest user of coal is curbing solar output for lack of dedicated transmission lines

Iran conflict has disrupted shipping and gas supplies, including by the near-closure of the Strait of Hormuz, which serves as aconduit for 40% of India's crude oil imports

A nationwide survey shows 1 in 2 owners of petrol vehicles bought in 2022 or earlier report lower mileage after E20 petrol rollout, while 29 per cent also report unusual wear and tear

From April 1, all petrol pumps will sell E20 fuel with minimum RON 95; the government has kept the option open to grant temporary exemptions

The Petroleum Ministry has called for applications for BPCL's CMD post after G Krishnakumar's tenure ended; Sanjay Khanna currently holds additional charge of CMD

The idea is to ensure the country's gas pipeline network is ready for Hydrogen integration, so as to send a clear signal to the industry that this future fuel can be transported to the market

The petroleum ministry has approved 25 lakh new LPG connections under Ujjwala for FY26, taking the total to 10.58 crore, with Rs 676 crore earmarked for connections and subsidies

Over one-third of vehicle owners also report reduced mileage since E20 petrol introduction; many urge govt to consider optional, lower-priced sale

Survey highlights mileage drop and cost concerns among older vehicle owners; industry urges phased transition to higher ethanol blends

Union Petroleum and Natural Gas Minister Hardeep S Puri said on Friday that de-dollarisation of oil purchases was never the objective, emphasising that "most transactions are in dollars and always have been". Instead, he clarified that the primary objective is to procure sufficient oil "at lower prices" to help control inflation. "De-dollarisation is not an objective at all. Most of these (oil) transactions are in dollars and always have been. We had one transaction in rupees, but I think it was a very small one. Transactions in rupees are a good thing, but it takes two to tango," Puri told PTI during a press conference. Exuding confidence that India has established contacts with the new US administration led by President Donald Trump, he said the Indo-American relationship on the energy front will deepen. According to the Union Minister, India is already purchasing energy worth up to USD 20 billion from the US, emphasising that Prime Minister Narendra Modi recently had a very ...

Union Minister Hardeep Singh Puri here on Friday held comprehensive discussions with "captains and professionals of India's energy sector entities" and officials of the Ministry of Petroleum and Natural Gas.Taking to X, Puri informed that the discussions were focused on green energy transition, leveraging artificial intelligence along the entire hydrocarbon value chain and expansion and strengthening of existing infrastructure."Held comprehensive and detailed discussions with captains & professionals of India's energy sector entities & officials of @PetroleumMin in Mangaluru on the journey ahead for the sector under the visionary & decisive leadership of PM @narendramodi Ji," Puri wrote on X."As India pivots toward transforming into a global energy hub, the sector is experiencing unprecedented growth & offers abundant investment & employment opportunities. Key focal areas of the day-long discussion today included green energy transition, leveraging ...

In 2021, India overhauled its policy to allow part of SPRs to be used commercially, mirroring a model adopted by countries such as Japan and South Korea that allows private lessees, mostly oil majors

The decision came after a communication from the Ministry of Petroleum and Natural Gas, which said that no funds had been earmarked for capital support to Oil Marketing Companies in the 2024-25 Budget

Petrol, diesel pump prices may be reduced by OMCs if global crude oil prices remain low

Puri had also helmed the civil aviation, and housing & urban affairs ministries, and served as the minister of state for commerce and industry in the second term of the Modi government