On April 24, 2017 09:24 (IST)
India's consumption of LPG during the year to March 31 was 21.55 million tons, registering a 9.8 percent growth from the previous year.
On March 15, 2017 20:57 (IST)
India imported 18,000 tonnes of petrol and 39,000 tonnes of diesel in the first nine months of the current fiscal year, Oil Minister Dharmendra Pradhan said in a written reply to a question in the Rajya Sabha.
On January 27, 2017 13:34 (IST)
The deal was signed by India's oil minister Dharmendra Pradhan and a representative of ADNOC after a meeting between Prime Minister Narendra Modi and UAE's Crown Prince Sheikh Mohamed bin Zayed al-Nahyan.
On December 17, 2016 12:29 (IST)
The memorandum of understanding will facilitate NTPC and Nalco to set up a joint venture company to establish the power project at Gajmara, Dhenkanal, Odisha.
On December 06, 2016 13:39 (IST)
On the back of lower crude prices, Finance Minister Arun Jaitley had slashed petroleum subsidies in 2015-16 by 50 per cent to Rs 30,000 crore.
On December 05, 2016 19:47 (IST)
With oil cartel OPEC cutting production for the first time since 2008 leading to a surge in oil prices, India today said higher rates will risk the country's growth trajectory and pitched for striking a balance between interests of producers and consumers.
On November 23, 2016 18:45 (IST)
These reserves as well as storages at refineries and depots are enough to meet 73.5 days of India's crude requirement, he added.
On November 21, 2016 20:26 (IST)
Government's first auction of small discovered fields drew a tepid response with local firms dominating the auction for operating assets estimated to hold 625 million barrels of oil and oil equivalent gas.
On November 21, 2016 16:06 (IST)
Four Indian refiners had outstandings of $6.11 billion in May, 2016 when formal banking channels were opened with Iran after nearly four years. They came down to $2.55 billion as on November 15 after public sector refiners paid most of their dues to Iran, the oil minister said.
On November 16, 2016 20:21 (IST)
RIL is the operator of KG-D6 block with 60 per cent interest while BP of UK holds 30 per cent stake. The remaining 10 per cent is with Canada's Niko Resources.
On October 13, 2016 13:24 (IST)
Government plans to more than double its liquefied natural gas (LNG) import capacity to 50 million tonnes in the next one year, Oil Minister Dharmendra Pradhan told a news conference on Thursday.
On October 05, 2016 17:58 (IST)
The government had last month reduced the price of natural gas produced in the country by 18 per cent to $2.50 per million metric British thermal units (mmBtu) for the October to March 2017 period.
On September 30, 2016 23:31 (IST)
Oil Minister Dharmendra Pradhan had on August 31 said that the ministry, as per an order of the Delhi High Court which ONGC had approached to seek compensation for its gas, has one month to decide on the issue from the date of presentation of the report.
On September 21, 2016 20:15 (IST)
Oil Minister Dharmendra Pradhan said on Wednesday that the government is talking to the United Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5 million tonnes (MT) of the Mangalore strategic storage, along with Iranian crude.
On September 12, 2016 21:00 (IST)
India's oil demand growth is set to exceed 11 per cent this year as the world's third largest oil and gas consumer accelerates its economic development, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Monday.
On September 09, 2016 19:09 (IST)
Government on Friday said it plans to reduce crude oil import by 10 per cent by 2022 to ensure energy security with Oil and Petroleum Minister Dharmendra Pradhan highlighting the government's bid to achieve self-sufficiency by enhancing indigenous production of petroleum products.
On September 09, 2016 17:31 (IST)
Seeking to provide affordable energy to the Indian consumers, the government has introduced transparent policies through the deregulated market for global players to invest in refineries and petrochemical plants, Oil and Petroleum Minister Dharmendra Pradhan said here on Friday.
On September 07, 2016 09:14 (IST)
In a bid to move towards gas-based economy, India will increase proportion of natural gas in its energy mix from existing 6.5 per cent to 15 per cent, Union Petroleum Minister Dharmendra Pradhan said.