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Latest Articles in petroleum
India's Fuel Consumption Soar To Record High In March
Bitumen sales increased by 16.5 per cent, jet fuel sales by more than 10.4 per cent to 0.69 million tonnes, and diesel sales by 11.4 per cent to 7.80 million tonnes
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Digant Sharma, CMD Of Francture Brands Has Done Sole-Tie-Up With Renowned Russian Refinery For Crude Oil, LPG, LNG, Diesel And More
As per the data in January, Iraq was India’s second-biggest source of crude with an average supply volume of 0.92 million barrels per day
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India Hikes Petroleum Crude Export Tax, Cuts Jet Fuel & Diesel Taxes
India has increased the export tax on petroleum crude and cut the tax on jet fuel and diesel, according to a government notification on Tuesday
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Houthis Attack Saudi Aramco's Distribution Station In Jeddah
The Saudi energy ministry said the kingdom strongly condemned the "sabotage attacks", reiterating that it would not bear responsibility for any global oil supply disruptions resulting from such attacks, state news agency SPA reported, citing an official in the ministry
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FM Sitharaman Asks Transport, Petroleum, Steel Ministries To Front Load Capex Spending
Noting the good progress of Capex in the three ministries, the finance minister suggested front-loading of Capex in the third quarter of FY22 and in the first half of FY23
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Exports Rise 45 % During July 1-21: Comm Min Data
Exports of gems and jewellery, petroleum and engineering during July 1-21 stood at USD 424.5 million, USD 923.33 million and USD 551. 4 million, respectively
Read MorePetroleum Minister refutes reports of stopping subsidy on LPG cylinders
Petroleum Minister refutes reports of stopping subsidy on LPG cylinders
Read MoreCross-border petroleum pipeline helps Nepal save freight charges
Cross-border petroleum pipeline helps Nepal save freight charges
Read More8,363 projects worth 5.88 lakh crore in oil, gas sectors resumed since April 20
8,363 projects worth 5.88 lakh crore in oil, gas sectors resumed since April 20
Read MorePetroleum Minister Pradhan launches country's first natural gas Exchange
Petroleum Minister Pradhan launches country's first natural gas Exchange
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India's Diesel Demand Set For Detour As Drivers Switch To Gasoline
A slowdown in demand growth in India -- one of Asia's biggest diesel guzzlers -- could add to a persistent glut of diesel in the region, fuelled in part by strong exports from China, and put pressure on regional refining profit margins.
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Export Up 3.94% In July; Trade Deficit Widens To $11.44 Billion
Import too rose by 15.42 per cent to #34 billion in July from $29.45 billion in the year-ago month due to rise in inward shipments of crude oil and gold
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Petroleum products will not be brought under GST: MP Fin Min
The Madhya Pradesh government reiterated the fact that petroleum products will be kept out of the purview of GST
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Mineral Production Declines 0.9% For May 2017
The total value of mineral production (excluding atomic and minor minerals) in the country during May 2017 was Rs 19944 crore. The contribution of coal was the highest at Rs 7171 crore (36%)
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Cabinet Clears IOC-OIL-BPCL's Russian Stake Buy For $3.14 Billion
Indian Oil Corp, Oil India and a unit of Bharat Petroleum Corporation (BPCL) will buy 29.9 per cent stake in Taas-Yuryakh oilfield in East Siberia for $1.12 billion and another 23.9 per cent in Vankor oilfield for $2.02 billion
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