Page 4 - Petroleum Ministry

Need for more indigenisation of India's oil and gas sector: Petroleum secy

Kapoor gave the example of gas meters and said that presently there is not enough capacity in the country to manufacture them

Pradhan flags off equipment for Indian Oil's MEG Plant at Paradip

Union Petroleum Minister Dharmendra Pradhan on Monday flagged off from L&T's Hazira plant in Surat district critical components bound for Indian Oil's MEG (mono-ethylene glycol) plant coming up at the refinery-cum-petrochemical complex at Paradip in Odisha. During his visit to Surat in Gujarat, the minister flagged off the equipment from the engineering and construction giant Larsen & Toubro's Hazira plant. "Flagged-off indigenously manufactured critical components from L&Ts Hazira manufacturing facility to @IndianOilcls MEG (mono-ethylene glycol) plant coming up at the refinery-cum- petrochemical complex at Paradip in Odisha," Pradhan tweeted after the visit. In a series of tweets, the Union Minister said the delivery of three super critical equipment -- Ethylene Oxide Reactor, Wash Tower and De-ethyleniser -- "will be a significant stride in the commissioning of the MEG project at Paradip refinery" and will help reduce MEG imports and also enhance the competitiveness of .

Petroleum minister Pradhan asks domestic cos to tap global majors for tech

Says his ministry plans to set up a separate body for data management in the sector, along the lines of Mineral Exploration Corporation

Petroleum ministry says it supports including natural gas under GST

Decision that has to be taken by the GST council, says senior civil servant.

PM Narendra Modi to dedicate three petroleum sector projects in Bihar today

Prime Minister Narendra Modi will dedicate three projects of the Petroleum Sector in Bihar to the nation on Sunday via video conferencing.The projects include the Durgapur-Banka section of the Paradip-Haldia-Durgapur Pipeline Augmentation Project and two Liquified Petroleum Gas (LPG) Bottling Plants. They have been commissioned by IndianOil and Hindustan Petroleum Corporation Limited," according to an official statement.Union Petroleum Minister Dharmendra Pradhan had posted on his Twitter: "Hon'ble Prime Minister Shri Narendra Modi is committed to ensure(ing) Bihar's emergence as the nerve centre of Aatma Nirbhar Bharat Abhiyan. To make a prosperous and Ujjwal Bihar, PM Modi Ji will dedicate to the nation, three key oil and gas projects on 13th September 2020."The video conferencing would take place at 12 pm today.Chief Minister of Bihar Nitish Kumar would also be present on the occasion.The LPG Bottling Plant at Banka, is expected to meet the rising demand for LPG in Bihar."This ...

IOC, ONGC implementing projects worth Rs 3.57 trn to boost economy: Govt

Oil Minister Dharmendra Pradhan and other senior officials of the ministry "reviewed the ongoing oil and gas projects started by PSUs since the resumption of economic activities from April 20, 2020"

CBI charges Videocon's Venugopal Dhoot, bankers with 'criminal conspiracy'

Dhoot has been earlier booked by the CBI in the Videocon-ICICI bank loan case.

Petrol, diesel prices inch close to Rs 80 mark after 17th hike in a row

The price of petrol is increased by 20 paise a litre while that of diesel by 55 paise a litre

Plan ready to douse Assam well fire, inquiry panel formed: Oil India

Engineers accompanied by experts from Singapore firm and National Disaster Response Force (NDRF) further intensified their efforts to tame the blaze

Congress accuses Dharmendra Pradhan of ignoring oil well fire in Assam

Assam Congress says blaze in Tinsukia district is now in its 14 days but union minister, his officials don't care.

Regulator asks states to treat oil production as essential service

The move will help Oil and Natural Gas Corporation (ONGC), Vedanta, Reliance Industries, Oil India and Hindustan Oil Exploration Company

Using flexibility in fuel pricing

The government control on pricing continues via tax tweaks

AGR dues: OIL moves SC; Moody's says business conditions risky in India

OIL has received demand notices for the period from FY08 to FY19 amounting to over Rs 48,000 crore including licence fee, penalties and interest, the company said

India's appetite for petroleum products consumption to drop to 6-year low

The nation's consumption of petroleum products in the financial year to March 2020 is expected to rise by 1.3 per cent to 216 million tons, the oil ministry's Petroleum Planning and Analysis Cell said

Hydrocarbon exploration: HC issues notice to Petroleum Ministry

A division bench of Justices M Sathyanarayanan and N Seshasayee issued notice and posted the matter for further hearing to January 7 when the PIL came up on Friday.

UP moots biofuel plants in 75 districts, partners petroleum ministry

The objective is to create an economic value chain for cow shelters in UP

NCLAT bars petroleum ministry from recovering Rs 2,245 crore from Videocon

Appellate tribunal upholds NCLT Mumbai order, says ministry free to approach RP with its claims

Look who's asking for currency: Petroleum ministry knocks at FinMin doors

Needs cash for retail outlets; if the finance ministry agrees, banks will have to give about Rs 265 crore of smaller denomination notes daily to fuel outlets