New Delhi, June 29 (IANS) The Centre on Monday decided to withdraw temporary restrictions on the retail sale of petrol and diesel to commercial consumers from July 1, restoring normal fuel purchases for industrial, institutional and transport sector users after a brief period of curbs aimed at safeguarding domestic fuel supplies.According to a government order, commercial buyers will once again be allowed to purchase petrol and diesel from retail fuel stations without quantity restrictions.The m…
Latest Ministry of Petroleum and Natural Gas News & Updates
New Delhi, June 29 (IANS) India’s ability to maintain uninterrupted fuel supplies and limit the impact on consumers during the prolonged Strait of Hormuz disruption demonstrated the country’s significantly improved energy resilience, driven by diversified sourcing, infrastructure investments and coordinated government action, experts said on Monday.Speaking to IANS, former Engineers India Limited (EIL) Chairman and Managing Director Vartika Shukla said the Hormuz disruption highlighted India’s e…
New Delhi, June 25 (IANS) In a major relief to industrial and commercial LPG consumers, the government on Thursday removed all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.The restrictions have been lifted due to improved indigenous LPG production and the projected availability of imported LPG cargoes following the US-Iran peace agreement and the opening of the Strait of Hormuz, according to a statemen…
New Delhi, June 25 (IANS) The government on Thursday said that 1,987 ongoing infrastructure projects, with a total revised cost of Rs 42.50 lakh crore, are being monitored across 17 Central Ministries and Departments (as of May).The transport and logistics sector accounts for the highest number of ongoing projects (1,476), with revised estimates of Rs 23.50 lakh crore, underscoring the priority to connectivity-driven infrastructure growth.The cumulative expenditure incurred on these projects sta…
New Delhi, June 23 (IANS) The Ministry of Petroleum and Natural Gas on Tuesday reiterated that the country’s Ethanol Blending Programme for petrol is scientifically validated and continuously monitored by the Union government. “The Union government has noted certain misleading and unsubstantiated claims being circulated on social media regarding Ethanol Blended Petrol (EBP), which appear to be aimed at confusing and misleading the public,” the statement said.It has also been observed that old im…
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…