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

Petrol, diesel prices may come down by Diwali: Pradhan

Petroleum Minister adds prices of refinery oil went up because US floods curtailed oil production by 13 per cent.

19 Sep 2017 5:17 AM GMT

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

Despite US sanctions, India to buy Iranian oil in November

'We expect the global leaders will understand our requirements,' Petroleum Minister Dharmendra Pradhan said.

9 Oct 2018 4:01 AM GMT

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Iran oil imports fell 15.7 per cent in fiscal year 2017-18

In March, India's oil imports from Iran were 4,30,000 barrels per day.

20 April 2018 8:30 AM GMT

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

India, US set up joint task force on natural gas

During the talks they also reaffirmed their commitment to early and full implementation of their civil nuclear...

17 April 2018 1:10 PM GMT

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

India will work with China on OPEC's 'Asian Premium' issue: Pradhan

Sanjiv Singh will coordinate with the head of China National Petroleum Corporation.

15 April 2018 9:50 AM GMT

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Ratnagiri refinery: Pradhan says open to offer majority stake to...

Saudi Aramco has reportedly sought majority ownership in the mega refinery-cum-petrochemical complex.

1 April 2018 12:28 PM GMT

Members of the Organisation of the Petroleum Exporting Countries (OPEC) are seeking a close balance between supply and demand, Khalid al-Falih said.

Saudi Arabia gives assurances on supply as oil hits USD 80 per barrel

Saudi Arabia said it would make sure the world is adequately supplied with oil to support global economic growth.

18 May 2018 7:03 AM GMT

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

Petrol, diesel prices hiked nationwide

The hike is all set to burn a bigger hole in commuters' pockets across the nation.

16 May 2018 6:53 AM GMT

Oil Minister Dharmendra Pradhan

Pradhan talks LNG deal with US energy secretary

Rick Perry said co-operation between India and the US in energy sector is in mutual interest.

9 March 2017 6:52 AM GMT

Oil and gas is major contributor to countrys energy needs.

Govt formulates new licensing policy to boost oil output

Country will auction oil and gas blocks under open acreage licensing policy twice a year.

7 March 2017 8:53 AM GMT