Latest Oil PSUs News & Updates

New Delhi, April 30 (IANS) India is advancing a roadmap to add 62 vessels in FY2026–27 backed by a investment of Rs 51,383 crore, creating an additional 2.85 million gross tonnage (GT) capacity, according to the government.In a push towards self-reliance in the maritime sector, a high-level inter-ministerial review meeting on the Strait of Hormuz situation pivoted to accelerating India’s shipping capabilities, with a renewed focus on building a robust, future-ready maritime ecosystem.Ministe…

New Delhi, April 23 (IANS) Petroleum Ministry on Thursday dismissed media reports regarding petrol and diesel price increase after the assembly elections in West Bengal and Tamil Nadu, calling such reports as “mischievous and misleading”.In a social media post on X, the ministry clarified that “there is no such proposal under government consideration.””Such news items are designed to create fear and panic amongst the citizens and are mischievous and misleading,” the ministry added.It further…

New Delhi, April 2 (IANS) Round-the-clock monitoring and calibrated response must for India to stay prepared and deal with any eventuality amid the evolving West Asia crisis, Defence Minister Rajnath Singh said on Thursday.The second meeting of the Informal Group of Ministers (IGoM), set-up to monitor the evolving situation in West Asia and suggest proactive measures for its minimum impact on India, was held under the chairmanship of Rajnath Singh here.The meeting deliberated upon the recent dev…