Latest Ministry of Petroleum and Natural Gas News & Updates

New Delhi, June 18 (IANS) Nearly 1.47 crore domestic LPG cylinders were delivered in the last three days against fresh bookings of around 1.36 crore cylinders as normal supply of cooking gas for household continues to be maintained across the country despite the supply chain disruptions due to the Middle East conflict, according to an update issued by the Ministry of Petroleum and Natural Gas on Thursday. No dry-outs have been reported from any LPG distributorship across the country, the stateme…

New Delhi, June 12 (IANS) The government on Friday introduced temporary restrictions on diesel sales through retail outlets to curb hoarding and black marketing, as public sector oil marketing companies (OMCs) continue to absorb losses of around Rs 500 crore per day to shield consumers from global fuel price volatility.The Ministry of Petroleum and Natural Gas said that the ‘Motor Spirit and High-Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026′ introduces tempo…

New Delhi, June 12 (IANS) The Ministry of Petroleum and Natural Gas on Friday signed a tripartite Memorandum of Understanding with the state governments of Nagaland and Assam to increase domestic exploration and production of oil and gas.Petroleum Minister Hardeep Singh Puri said that since Assam alone accounts for nearly 22 per cent of India’s crude oil reserves and around 15 per cent of the country’s natural gas reserves, while Nagaland possesses significant hydrocarbon potential in the Naga-S…

New Delhi, June 11 (IANS) About 1.49 crore domestic LPG cylinders were delivered in the last three days against bookings of around 1.40 crore cylinders as normal supply of cooking gas for households continues to be maintained across the country despite the supply chain disruptions due to the Middle East conflict, according to an update issued by the Ministry of Petroleum and Natural Gas on Thursday. No dry-outs have been reported from any LPG distributorship across the country, the statement sai…

New Delhi, June 8 (IANS) The government on Monday announced that it has reduced the number of subsidised LPG cylinder refills under the Pradhan Mantri Ujjwala Yojana (PMUY) from nine per year to four, in a move aimed at containing rising subsidy costs amid higher global fuel prices and widening under-recoveries for oil marketing companies.The decision comes at a time when the cost of supplying domestic liquefied petroleum gas (LPG) has climbed sharply, with the per-cylinder cost rising to over R…

New Delhi, June 5 (IANS) Union Minister for Petroleum and Natural Gas Hardeep Singh Puri met Acting President of Venezuela Delcy Eloína Rodríguez Gómez here to discuss opportunities for an enduring energy partnership, an official statement said on Friday.The minister reaffirmed India’s support for Venezuela’s energy reconstruction adding that Indian companies are ready to deepen their presence in Venezuela.Recognising Venezuela’s key role in India’s energy diversification strategy, he…

New Delhi, June 4 (IANS) The Centre has approved a one-year extension for Tarun Kapoor, Advisor to Prime Minister Narendra Modi, enabling the retired IAS officer to continue serving in the Prime Minister’s Office (PMO).According to an order issued by the Ministry of Personnel, Public Grievances and Pensions, the Appointments Committee of the Cabinet (ACC) has approved the extension of Kapoor’s tenure for a further period of one year with effect from June 10, 2026, or until further orders, wh…

New Delhi, June 3 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved one-time budgetary support of Rs 10,000 crore for Oil Marketing Companies (OMCs) to provide ATF price stabilisation support to Scheduled Indian Airlines for their domestic and international operations amid the West Asia crisis.The budgetary support will be in the form of interest-free advances to OMCs through the Demands for Grants of the Ministry of Petroleum and Natural Gas. It will shiel…

New Delhi, June 3 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a landmark two-year scheme aimed at reducing air pollution in the Delhi–NCR region and promoting cleaner mobility.With a total financial outlay of Rs 9,585 crore, including Rs 5,041 crore from the Central Government and an estimated Rs 1,601 crore in tax concessions from the participating states, the scheme seeks to incentivise owners of trucks and buses registered in the Delhi–NCR regi…

New Delhi, June 1 (IANS) While the market price of LPG has shot up to Rs 1,200 per cylinder in the global market, the Ujjwala households are still being supplied the gas at Rs 613 per 14.2 kg cylinder, as the government is footing a subsidy of Rs 587 per cylinder, a senior petroleum ministry official said. In effect, the Ujjwala households are paying only half the market price for the gas while the government is bearing the cost of the rest by providing a subsidy to protect them from the price r…