Oil Marketing Companies (OMCs) have issued advertisements for setting up 55652 petrol pumps in across 30 States in November this year. More advertisements for the same can be expected according to the Ministry of Petroleum and Natural Gas.
Busting rumours that LPG cylinder prices are likely to be hiked to Rs 1,000 per cylinder, the petroleum ministry today said domestic LPG cylinder rates are likely to be reduced in the coming days.
More than 70% of India’s population across 400 districts will get access to city gas distribution (CGD) network once the work is completed after the 10th bidding round, Prime Minister Narendra Modi said on Thursday.
Three companies- Gas Authority of India Limited (GAIL), Bharat Gas Resources and Adani Gas Limited- will invest around Rs 3400 crore in 17 districts of the state to provide piped natural gas to households,
Prime Minister Narendra Modi will next week launch the 10th city gas licensing round that will help extend coverage of CNG and piped cooking gas connections to 70 percent of the population.
Amid criticism of the Pradhan Mantri Ujjawala Yojna that the beneficiaries are switching back to traditional cooking stoves, Oil Minister Dharmendra Pradhan said that the 80% beneficiaries have asked for an average of four refills. He was speaking at an event.
The Directorate General of Hydrocarbons (DGH) has begun ranking the country’s oil and gas fields in a bid to induce competition among its managers and help boost domestic output stagnant for years now.
The government is mulling relaxing norms for setting up petrol pumps as it is keen on getting more private players into fuel retailing so as to increase competition. The Oil Ministry has set up an expert committee to recommend easing of fuel retailing licensing rules
Cyclone Titli in Odisha 2018: Oil Minister Dharmendra Pradhan says OMCs to help people affected by storm, floods
The OMCs deployed all the resources at their command and ensured uninterrupted supply of petroleum products in the areas affected by floods.
Union Petroleum Minister Dharmendra Pradhan has said that oil marketing companies (OMC) have taken a slew of measures to assist the people affected by cyclone Titli and the subsequent floods in Odisha.
The crude oil import bill for India is expected to increase by $37 billion to $125 billion during the current financial year (2018-19, or FY19) — a 42 per cent spike over the 2017-18 (FY18) bill of $88 billion.