Page 3 - Petroleum Ministry

India's non-petroleum exports to UAE underperform after FTA, shows data

In comparison, India's overall non-petroleum exports grew 8 per cent during May-July while overall exports grew 15.1 per cent during the same period

Finance Ministry hopes cess will not hit petroleum exports in FY23

The ministry imposed cess on petroleum products of Rs 6 a litre, Rs 13 per litre and Rs 6 on petrol, diesel and ATF exports, respectively, to improve domestic fuel supply and garner additional revenue

Other countries facing steep inflation as compared to India: Hardeep Puri

The surge in inflation is largely driven by rising fuel and food prices, government data showed

Centre puts oil pipeline monetisation on hold as PSUs resist: Report

According to a report, the oil and gas companies had resisted the idea from the beginning as pipelines are core to their business

India set to be leader in green hydrogen: Petroleum Minister Puri at Davos

Union Petroleum and Natural Gas Minister Hardeep Puri said said special emphasis is being given on green hydrogen, biofuel blending and exploration and production of biofuel from alternative sources

Former petroleum secretary Tarun Kapoor appointed advisor to PM

Senior bureaucrats Hari Ranjan Rao and Atish Chandra have been appointed as additional secretaries in the PMO

We've to look after our interests: Hardeep Puri on oil trade with Russia

Petroleum Minister Hardeep Singh Puri on Friday said India imports a very small portion of its oil requirements from Russia and was open to buying it if the terms were right

Centre happy to bring fuel under GST, states unwilling: Hardeep Puri

The Union Minister hit out at the Opposition-ruled states for their criticism over the fuel taxes and said that the BJP-ruled states charge half the VAT amount than the non-BJP states

Centre asks state-run companies to consider buying Russian oil assets

Oil ministry also asked OVL, the overseas investment arm of Oil and Natural Gas Corp, to consider buying a 30% stake held by Exxon Mobile Corp, in the Sakhalin 1 project in Russia's Far East

491 charging stations installed as on Mar 1 under FAME: Petroleum Ministry

The Phase-II of FAME India scheme proposes to give a push to electric vehicles (EVs) in public transport and encourage adoption of EVs by way of market creation and demand aggregation

Govt to take measures to provide relief to consumers from high fuel prices

India relies on overseas purchases to meet about 85 per cent of its oil requirement, making it one of the most vulnerable in Asia to higher oil prices

India expects fuel demand to grow 5.5% in the next fiscal year: Govt data

Consumption of aviation fuel would likely increase by nearly 50% to 7.6 million tonnes, compared with the revised estimate of 5.1 million tonnes for the year ending March 2022

New levy on unblended petrol and diesel likely to lead to price hike

The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.

India to double down on oil, gas exploration: Hardeep Singh Puri

The world's third-largest energy consumer will continue to rely on hydrocarbons to meet its growing energy needs in the foreseeable future, he said

Petroleum ministry pulls up oil firms for allocation of fewer petrol pumps

The petroleum ministry has asked oil companies to consider revision of dealer margins on Rajasthan HC directive.

Govt asks ONGC to give 60% stake in mainstay oil fields to foreign firms

Production at Mumbai High and Bassein & Satellite offshore assets under state-owned firm is low, says letter by petroleum ministry.

Oil companies now have 1,607 door-to-door fuel pumps: Petroleum Ministry

Till now door step delivery of fuel has been restricted to diesel because it is considered less volatile and hence safer than petrol

Hardeep Singh Puri takes charge of Petroleum Ministry and Natural gas

He has relinquished the portfolio of civil aviation but still holds the Housing and Urban Affairs Ministry.

Congress seeks resignation of petroleum minister over barge tragedy

Maharashtra Congress demanded the resignation of Petroleum Minister Dharmendra Pradhan on moral grounds over the death of 37 personnel on board a barge that sank in the Arabian Sea

Need to hike localisation in oil & gas: Petroleum secretary Tarun Kapoor

Kapoor gave the example of gas meters and said there was currently not enough capacity in the country to manufacture them