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Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.

Stressed upon developing transparent market for LNG: Pradhan

He adds competitive market for LNG is important for India as it imports 50 pc of gas need as LNG.

18 Oct 2017 5:47 AM GMT

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC officers seek PM intervention to stall Oil Ministry's move

ONGC is investing heavily in new technology and processes to improve recovery from the ageing fields.

27 Nov 2017 9:50 AM GMT

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Govt to give 60 per cent stake in ONGC fields to pvt firms

Oil ministry has identified 11 more producing oil and gas fields of the state- run firm for handing over to private...

5 Nov 2017 7:44 AM GMT

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Govt plans to sell stake in ONGC oilfields to private firms

ONGC produces 87 per cent of its 25.53 million tonnes of oil from fields given to it on nomination basis.

27 Sep 2017 2:35 PM GMT

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Govt may sell 149 ONGC fields to private firms

This is the second attempt by the oil ministry to take away some of the fields of ONGC for private and foreign...

12 Nov 2018 5:57 AM GMT

File image of a man counting cash at a petrol pump.

India's oil ministry seeks cut in excise duty on petrol, diesel in...

A litre of petrol costs 72.23 rupees while diesel is sold at 63.01 rupees.

23 Jan 2018 5:48 AM GMT

India has the highest retail prices of petrol and diesel among South Asian nations.

Petrol price hit highest level under BJP govt, diesel at record peak

The hike, necessitated due to firming international oil prices.

22 April 2018 5:45 AM GMT

India has the highest retail prices of petrol and diesel among South Asian nations.

Govt's tacit diktat: Petrol price shouldn't breach Rs 75 in Delhi

In all, Rs 11.77 hiked duty on petrol per litre and that on diesel by 13.47 a litre.

13 April 2018 3:52 AM GMT

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Dharmendra Pradhan says govt keeping close eye on oil prices

He said there is no going back on free market pricing.

2 April 2018 10:54 AM GMT

India has the highest retail prices of petrol and diesel among South Asian nations.

Petrol price hits 4-year high, diesel at highest level

India has the highest retail prices of petrol and diesel among South Asian nations.

1 April 2018 8:25 AM GMT

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

India's fuel demand jumps 8.6 per cent in June

Fuel consumption in June totalled 17.99 million tonne as compared to 16.56 MT in the same month last year.

12 July 2018 1:30 PM GMT

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

India's fuel demand rises 3.8 per cent in February

Fuel consumption in Feb totalled 17.41 million tonnes as compared to 16.77 million tonnes in same month last year.

19 March 2019 9:21 AM GMT