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ministry-of-petroleum-and-natural-gas News

Stay updated with the latest ministry-of-petroleum-and-natural-gas news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on ministry-of-petroleum-and-natural-gas topics.

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BusinessOct 16, 2025 02:27 PM

India's oil and gas imports guided entirely by consumer interests

New Delhi, Oct 16 (SocialNews.XYZ) India has made it clear that the country's import policy for oil and gas is guided entirely by the interests of the Indian consumers amid a volatile global energy market. The statement was issued hours after US President Donald Trump said that Prime Minister Narendra Modi has assured him that India will reduce purchases of Russian crude oil. "India is a significant importer of oil and gas. It has been our consistent priority to safeguard the interests of the ...Read More >

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BusinessOct 08, 2025 09:04 PM

NCLT postpones hearing of Vedanta demerger proposal to Oct 29

Mumbai, Oct 8 (PTI) The National Company Law Tribunal (NCLT) on Wednesday once again postponed the hearing on Vedanta's demerger proposal to October 29. On September 17, the Mumbai bench of NCLT had deferred the hearing on the matter till October 8, and also directed Vedanta as well as the Ministry of Petroleum and Natural Gas (MoPnG) to file written submissions on the matter within five days. Earlier on August 20, the tribunal had deferred the hearing on the Vedanta demerger to September 17 a ...Read More >

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BusinessSep 30, 2025 06:10 PM

Demand for natural gas falls as plants opt for cheaper fuels

India's industrial gas demand is falling. Factories now prefer cheaper LPG and wood briquettes. Crude oil prices make natural gas expensive. LPG prices are lower than natural gas. Biofuels also reduce gas sales. Overall gas consumption dropped this fiscal. Power and refinery sectors cut gas use. City gas and petrochemicals show growth. India's industrial demand for natural gas is weakening as factories increasingly turn to cheaper alternatives such as LPG and wood briquettes. With crude steady ...Read More >

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BusinessSep 27, 2025 11:10 AM

Oil India reports natural gas occurrence in Andaman shallow offshore block

Oil India Limited (OIL) has reported a significant natural gas occurrence in its second exploratory well, Vijayapuram-2, within the Andaman Shallow Offshore Block. Preliminary testing confirmed the gas presence, marking a crucial milestone in India's exploration efforts and the first hydrocarbon find in this campaign. Oil India Limited (OIL), a Maharatna company under the Ministry of Petroleum and Natural Gas, on Friday, reported the occurrence of natural gas in its second exploratory well dril ...Read More >

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BusinessSep 27, 2025 08:45 AM

Oil India Strikes Natural Gas in Andaman Offshore Block During Exploration Drilling

Noida: Oil India Limited (OIL), a Maharatna public sector undertaking under the Ministry of Petroleum and Natural Gas, has reported a significant milestone in its ongoing exploration campaign -- the first confirmed occurrence of natural gas in the Andaman Shallow Offshore Block. The discovery was made in the company's second exploratory well, Vijayapuram-2 (Location OAEA), drilled under the Open Acreage Licensing Policy (OALP) in Block AN-OSHP-2018/1. The announcement was made through an offici ...Read More >

ANI News - Business - News Image
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BusinessSep 27, 2025 08:14 AM

Oil India reports natural gas occurrence in Andaman shallow offshore block

New Delhi [India], September 27 (ANI): Oil India Limited (OIL), a Maharatna company under the Ministry of Petroleum and Natural Gas, on Friday, reported the occurrence of natural gas in its second exploratory well drilled in the Andaman Shallow Offshore Block, marking a significant step in its ongoing exploration campaign. The company, in a press release, said the well, named Vijayapuram-2, was drilled in the Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy (OALP). ...Read More >

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BusinessSep 15, 2025 07:09 PM

Business News | S&P Global to Host World Hydrogen Leaders Conference in India | LatestLY

New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. Also Read | Is Huma Qureshi Engaged to Rumoured Boyfriend Rachit Singh? Engagement Buzz Heats Up After TIFF Debut - Here's Every ...Read More >

News Nation English - Business - News Image
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BusinessSep 15, 2025 06:52 PM

S&P Global to Host World Hydrogen Leaders Conference in India

New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and opportunities ...Read More >

ANI News - Business - News Image
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BusinessSep 15, 2025 06:10 PM

S&P Global to Host World Hydrogen Leaders Conference in India

NewsVoir New Delhi [India], September 15: S&P Global Commodity Insights is pleased to host its first annual World Hydrogen India conference in New Delhi from September 25 to 26 this month, bringing together the nation's decision-makers and industry experts to examine regulatory frameworks, investment opportunities and technological innovations shaping India's hydrogen economy. With over 250 delegates expected to attend, the World Hydrogen India conference will address critical challenges and o ...Read More >

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BusinessSep 15, 2025 12:45 PM

Vedanta settles dispute with Chinese firm SEPCO Electric

Vedanta has settled its long-standing dispute with Chinese firm Sepco Electric, clearing the way for its revenue-stream demerger, now expected by September-end. The settlement resolves all claims and withdraws pending arbitration over the Talwandi Sabo 3x660 MW thermal project. Vedanta has settled its dispute with Chinese firm Sepco Electric Power Construction Corp, effectively clearing the path for its proposed demerger along operational product lines. The revenue stream-wise demerger, initial ...Read More >

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BusinessAug 25, 2025 10:20 PM

ONGC begins natural gas sales from Chinnewala Tibba Field

NEW DELHI: Oil and Natural Gas Corporation Limited (ONGC) on Monday announced the commencement of natural gas sales from the Chinnewala Tibba field, located in Rajasthan's Kutch Onland Exploratory Asset (RKOEA). The field is part of the Discovered Small Field (DSF-II) Block RJ/ONDSF/Chinnewala/2018, and production began on August 25, 2025. In a press release, the company said that this milestone marks the successful monetisation of the Chinnewala Tibba field and reinforces ONGC's commitment to ...Read More >

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PoliticsBusinessAug 25, 2025 09:29 PM

Business News | ONGC Begins Gas Monetisation from Chinnewala Tibba Field in Rajasthan | LatestLY

New Delhi [India], August 25 (ANI): Oil and Natural Gas Corporation Limited (ONGC) has officially commenced sales of natural gas from its Chinnewala Tibba field, a Discovered Small Field (DSF-II) block located in the Rajasthan Kutch Onland Exploratory Asset (RKOEA). According to a statement from the state-owned company, this significant milestone reinforces ONGC's commitment to enhancing domestic energy production and strengthening India's energy security under the guidance of the Ministry of P ...Read More >

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BusinessAug 20, 2025 06:33 PM

Indian miner Vedanta's demerger faces government objection, CNBC-TV18 reports

Aug 20 (Reuters) - Indian miner Vedanta's (VDAN.NS), opens new tab demerger is facing objection from the federal government, CNBC-TV18 reported on Wednesday, after the company received, opens new tab a warning from the markets regulator for non-compliance. Shares of the company fell 2.4% to hit session's low after the report. Vedanta, led by billionaire Anil Agarwal, aims for a sweeping overhaul to carve itself up into multiple separate businesses, in a move aimed at shoring up the group's fin ...Read More >

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OtherAug 14, 2025 02:10 PM

IOC's Panipat refinery secures nation's first ISCC CORSIA certification for SAF production

New Delhi, Aug 14 (PTI) In a significant milestone for India's clean energy journey, the state-owned Indian Oil Corporation (IOC) has become the first in the country to earn the esteemed ISCC CORSIA certification for producing Sustainable Aviation Fuel (SAF) at its Panipat Refinery. "The certification, a prerequisite for commercial SAF production, represents a significant advancement in India's capability for the production, certification and distribution of SAF," the company said in a statemen ...Read More >

MoneyControl - Politics Business - News Image
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PoliticsBusinessAug 14, 2025 01:16 PM

BCI announces three-year moratorium on new law colleges

New Delhi [India], August 14 (ANI): The Bar Council of India (BCI) has approved the Rules of Legal Education, Moratorium (Three-Year Moratorium) 2025, which will remain in force for three years once published. Under this moratorium, no new law colleges will be set up or granted approval anywhere in India. Existing institutions will also not be allowed to start new sections, courses, or batches without prior written permission from the BCI. Pending applications that have already reached the fina ...Read More >

psuconnect.in - Business - News Image
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BusinessAug 14, 2025 01:15 PM

Indian Oil's Panipat Refinery Secures ISCC CORSIA Certification

New Delhi, August 14, 2025: With an agenda of clean energy initiatives, the state-run Oil PSU Indian Oil Corporation Ltd (IOCL) has become the first entity in the nation to receive the prestigious ISCC CORSIA Certification for Sustainable Aviation Fuel (SAF) production at Panipat Refinery. This certification acts as the primary objective for commercial SAF production and represents a significant advancement in the capability for the production, certification and distribution of SAF. This milest ...Read More >

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BusinessAug 08, 2025 04:52 PM

Cabinet approves Rs 30,000 cr subsidy to compensate oil firms for LPG losses

New Delhi, Aug 8 (PTI) Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) -- to compensate for losses incurred from selling LPG at below cost over the past 15 months. The compensation to oil marketing companies (OMCs) will be paid in 12 tranches, as per an official statement. The international prices of LPG were at high levels during 2024-25 and continue to remain high. Howev ...Read More >

Zee News - Business - News Image
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BusinessAug 08, 2025 04:45 PM

Cabinet Okays Rs 30,000 Crore As Compensation To Public Sector OMCs For Losses In Domestic LPG

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved Rs 30,000 crore compensation to three public sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under-recoveries incurred on the sale of domestic LPG. The distribution of the compensation within the OMCs will be done by the Ministry of Petroleum and Natural Gas. The compensation will be paid in 12 tranches, a Cabinet communique said. According to the government, this significant step also underl ...Read More >

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BusinessJul 19, 2025 02:50 AM

Centre sets ball rolling for India's Automotive Mission Plan 2047, ETAuto

The initiative is a strategic roadmap aligned with the 'Viksit Bharat @2047' vision, building on the achievements of previous Automotive Mission Plans, which promoted the significant growth in India's automotive sector through stakeholder collaboration, the statement explained. 2381;टर में अग्रणी बनाने के लिए इनोवेशन, वैश्विक प्रतिस्पर्धात्मकता और सस्टेनेबल डेवल ...Read More >

Lokmat Times - Politics - News Image
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PoliticsJul 18, 2025 10:30 PM

There should be no double standards on energy trade: India on latest EU sanctions package against Ru...

New Delhi, July 18 Hours after the European Union (EU) agreed upon an 18th round of sanctions on ... New Delhi, July 18 Hours after the European Union (EU) agreed upon an 18th round of sanctions on Russia over its invasion of Ukraine, India on Friday said that it does not subscribe to any unilateral sanction measures and that there should be no "double standards", especially when it comes to energy trade. "We have noted the latest sanctions announced by the European Union. India does not subsc ...Read More >

The Times of India - Other Politics Business Entertainment - News Image
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Delhi minister Kapil Mishra visits Prime Ministers Museum with singer Himesh Reshammiya

New Delhi, Jul 18 (PTI) Delhi Art, Culture and Tourism Minister Kapil Mishra on Friday visited the Prime Ministers Museum and Library (PMML) at Teen Murti Marg, with singer and music director Himesh Reshammiya accompanying him. The museum, which showcases the lives and contributions of India's former prime ministers, features 14 high-tech galleries equipped with interactive and immersive exhibits, including a 6D helicopter ride, virtual photo booths, a handwriting robot, a time machine and a ki ...Read More >

Social News XYZ - Politics - News Image
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PoliticsJul 18, 2025 09:55 PM

There should be no double standards on energy trade: India on latest EU sanctions package against Ru...

New Delhi, July 18 (SocialNews.XYZ) Hours after the European Union (EU) agreed upon an 18th round of sanctions on Russia over its invasion of Ukraine, India on Friday said that it does not subscribe to any unilateral sanction measures and that there should be no "double standards", especially when it comes to energy trade. "We have noted the latest sanctions announced by the European Union. India does not subscribe to any unilateral sanction measures. We are a responsible actor and remain fully ...Read More >

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Telangana CM Reddy directs officials to remain alert as heavy rains lash Hyderabad

Hyderabad, July 18 (UNI) In view of the ongoing heavy rains in Hyderabad, Chief Minister A Revanth Reddy has directed all concerned departments to stay on high alert and ensure swift response to public grievances. The Chief Minister instructed officials from GHMC, HMDA, Water Works, Electricity, and Police departments to work in close coordination to prevent any rain-related disruptions. He also emphasised the need for immediate action in areas facing waterlogging, power outages, or other rain- ...Read More >

TimesNow - Other Politics Sports Business Technology Science - News Image
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India can't win in Manchester without...

'India should look to add an extra bowler' IMAGE: Ajinkya Rahane has a piece of advice for head coach Gautam Gambhir and captain Shubman Gill- play an extra bowler in the fourth Test at Old Trafford. Photograph: BCCI/X As India gear up for the fourth Test at Old Trafford, former captain Ajinkya Rahane has raised a tactical alarm: the team's all-rounder-heavy approach might be hurting their chances. His solution? A fourth specialist bowler -- even if it comes at the cost of batting depth. Now ...Read More >

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PoliticsBusinessJul 18, 2025 12:15 PM

India's energy diplomacy is helping stabilise global oil market: Hardeep Puri

New Delhi, July 18 (SocialNews.XYZ) Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India's energy diplomacy is not only securing the country's future but is also helping to stabilise global energy markets. He pointed out in a post on X that India has expanded its oil sourcing from 27 to 40 countries and the country's "smart energy diplomacy - including buying from Russia - helped avoid $130+ per barrel oil shocks" in the global market. He also highlighted that Ind ...Read More >

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BusinessJul 17, 2025 11:21 PM

India Eyes Multiple 'Guyana-Sized' Oil Discoveries In Andaman Sea: Hardeep Puri

The event has brought together energy ministers from various states, top government officials, and industry leaders from the oil and gas sectorSource : pexel Minister of Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday said that he expects the new round of hydrocarbon exploration being launched in India to strike several big Guyana-sized oilfields, particularly in the Andaman Sea. We will drill and explore for more hydrocarbons in an area of more than 2,00,000 sq km under OALP (Open ...Read More >

The Times of India - Other Sports Entertainment Business Politics - News Image
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FIR registered against Mohammed Shami's estranged wife in West Bengal

KOLKATA: An FIR has been lodged against Hasin Jahan, the estranged wife of cricketer Mohammed Shami and Arshi Jahan, Hasin's daughter from her first marriage at Suri in Birbhum district in West Bengal. A few days ago, a conflict erupted over a plot of land in the Sonator area under ward no. 5 of Suri Municipality. The land reportedly belongs to Arshi and it is alleged that neighbor Guddu Bibi was trying to encroach that land. It is alleged that after the construction work started on the land o ...Read More >

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BusinessJul 17, 2025 09:59 PM

ONGC inks pact with BP for drilling stratigraphic wells in India

New Delhi, Jul 17 (PTI) State-owned ONGC has signed an agreement with global energy giant BP to collaborate on drilling multiple stratigraphic wells in India. This partnership will enhance geological understanding and unlock untapped hydrocarbon potential, strengthening India's long-term energy security, Oil and Natural Gas Corporation Limited (ONGC) said in a post on X. "#ONGC has signed a strategic Memorandum of Understanding (MoU) with @bp_plc on 17 July 2025, to collaborate on drilling str ...Read More >

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BusinessJul 17, 2025 09:53 PM

Latest News | ONGC Inks Pact with BP for Drilling Stratigraphic Wells in India | LatestLY

New Delhi, Jul 17 (PTI) State-owned ONGC has signed an agreement with global energy giant BP to collaborate on drilling multiple stratigraphic wells in India. This partnership will enhance geological understanding and unlock untapped hydrocarbon potential, strengthening India's long-term energy security, Oil and Natural Gas Corporation Limited (ONGC) said in a post on X. Also Read | 'A Decade of Digital India' Reel Contest by Government of India: How To Participate and Win Up To INR 15,000? Ch ...Read More >

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BusinessJul 17, 2025 04:07 PM

India buys oil from 40 nations, not worried by US rider on Russian oil: Hardeep Puri

New Delhi, July 17 (SocialNews.XYZ) Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Thursday said India has diversified its sources for buying oil in the global market, due to which the government is not "unduly worried" over any US crackdown on Russia's oil exports. Speaking at the Urja Varta 2025, the minister said India currently buys oil from 40 nations, as compared to 27 countries in 2007, and the global market is well-supplied. "There is a lot of oil available in the ma ...Read More >

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