The oil ministry will soon approach the Cabinet for about Rs 6,000 crore in viability gap funding (VGF) for the proposed gas grid in the northeast. Indradhanush Gas Grid Ltd (IGGL), a joint venture of Indian Oil
The oil ministry has asked state-run oil refiners and fuel marketing companies to furnish exhaustive personal details, including Aadhaar and the linked bank accounts, of drivers of tankers contracted by them with the aim of improving their prospects in the job market through certification.
The oil ministry has asked state-run oil refiners and fuel marketing companies to furnish exhaustive personal details
India’s natural gas production is expected to double to 72 billion cubic meter (bcm) in four years through 2022, the oil ministry recently told a Parliamentary panel. The government is currently working on a plan to shift the country towards a gas-based economy.
The oil ministry of India is in favor of the country placing a ban on imports of petroleum coke, the government’s lawyer told the Supreme Court on Monday, as India aims to curb imports of the polluting oil refinery by-product in a bid to fight severe air pollution.
Petrol price in India down 15p today; New Delhi rate comes below Rs 78, Mumbai stays over Rs 85, check rates in other cities
The state-owned OMCs have trimmed down petrol price in various state capitals of India by 15 paisa per litre on Monday. This cut would be the highest since the OMCs began relaxing petrol price from May 29. However, the prices still remain at record high.
The oil ministry has asked sector regulator PNGRB to look at unbundling of companies like GAIL India Ltd to resolve the conflict of interest in being both the transporter and marketer of natural gas.
The oil ministryhas issued fresh instructions to its officers aimed at ensuring secrecy of documents and preventing any leak, refreshing memory of a three-year-old episode when some mid-level corporate executives were arrested on charges of stealing sensitive papers from the ministry.
Total oil consumption expanded at the fastest pace in 14 months to 16.9 million tons from 15.3 million a year ago, according to the oil ministry’s Petroleum Planning and Analysis Cell.
Iraq has signed an agreement to build a 70,000-barrels-per-day oil refinery near the northern city of Kirkuk, the oil ministry said on Thursday.