New Delhi, June 14 (IANS) Union Minister for Road Transport and Highways, Nitin Gadkari, said he has approved the use of 100 per cent ethanol fuel to reduce India’s dependence on imported fossil fuels.The move is also aimed at accelerating the shift towards alternative energy sources, he said during a press conference in Nagpur to mark 12 years of the NDA government.“Last night at 8 pm, I signed the file, finalising the regulations to legally authorise the use of 100 per cent ethanol,” the…
Latest Petroleum and Natural Gas Ministry News & Updates
New Delhi, June 9 (IANS) A fair increase in fuel prices could still be on the table if global crude oil costs remain elevated and India’s import bill continues to strain oil companies, Pranjul Bhandari, Chief India Economist at HSBC said on Tuesday.In an exclusive interview with IANS, Bhandari noted that India’s landed cost of crude oil imports has recently been around $110 per barrel, a level she said is putting significant pressure on oil marketing companies.“The landed cost of oil impor…
New Delhi, June 3 (IANS) A one per cent shift in India’s annual petrol vehicle sales to ethanol-powered vehicles could help the country save nearly Rs 195 crore in foreign exchange during an ethanol supply year, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday.Speaking at an event here, the minister said the launch of mass-market flex-fuel mobility marks a major milestone in India’s efforts to reduce dependence on imported fossil fuels and accelerate the transition towards…
New Delhi, April 29 (IANS) More than 50.8 lakh domestic LPG cylinders and over 73,000 small 5 kg LPG cylinders were delivered on Tuesday as the supply of cooking gas remains normal in the country with no dry-outs reported at retail distributorships despite the supply chain disruption due to the Middle East conflict, the Petroleum and Natural Gas Ministry said.Online domestic LPG cylinder bookings have increased to 99 per cent while authentication code-based deliveries, on the registered mobile n…
New Delhi, April 1 (IANS) India’s crude inventory is adequate, and all necessary arrangements have been made to ensure sufficient crude supply for the next two months, the government said on Wednesday.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Refinery, Sujata Sharma, said all refineries are operating at optimal capacity, and no instances of fuel shortages have been reported at retail outlets.”I would also like to highlight that about two months ago, Brent crude was trad…
New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, and no ‘dryo…
New Delhi, March 29 (IANS) As many as 6,000 PNG consumers have now surrendered their LPG connections in order to make more LPG available to those who do not have access to piped natural gas amid the disruption in supplies due to the Iran war, a top Petroleum and Natural Gas Ministry official said on Sunday “As many as 6000 PNG consumers surrendered their LPG till yesterday. A big thanks to them! Join this strong bold group of DoGood citizens who have come forward to give up LPG to help those to …
New Delhi, March 24 (IANS) The government on Tuesday said that all the gas refineries in the country are operating at high capacity and 18,700 tonnes of commercial LPG have been lifted (till Monday).In an inter-ministerial briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma, said that all the refineries are operating at high capacity and the country has sufficient stocks of petrol and diesel.The government has been promoting the expansion of …
New Delhi, March 20 (IANS) The government on Friday said there has been no price increase on regular petrol for consumers and the hike is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil Refinery, Sujata Sharma said that petrol and diesel prices are deregulated and determined by the oil marketing companies (OMCs).OMCs increased the price of premiu…
New Delhi, March 19 (IANS) Amid concerns over LPG shortage, the government on Thursday said that India is diversifying LPG procurement and buying liquefied petroleum gas from the US as well to plug the supply chain disruptions caused by the Middle East conflict.Addressing the daily briefing, Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Oil refinery, Sujata Sharma, said: “Due to the ongoing war, the situation remains a matter of concern. However, there is no dry-out reporte…