PETROLEUM AND NATURAL GAS MINISTRY
Two urea plants with 25.4 LT annual capacity to start production soon
India is set to boost its urea production with two new plants commencing operations soon. These facilities will add 25.4 lakh tonnes to the annual capacity. This development aims to significantly reduce the country's reliance on imported fertilizers. The government highlights this as a key step towards self-sufficiency in the agricultural sector. Farmers will benefit from stable fertilizer availability.
Fuel prices to be reviewed based on crude oil supply, says Union Minister Suresh Gopi
Union Minister of State for Petroleum and Natural Gas Suresh Gopi said the government will review fuel prices based on the availability of crude oil supplies. His remarks come amid recent increases in petrol, diesel and LPG prices following supply disruptions caused by the ongoing conflict in West Asia. He said Petroleum Minister Hardeep Singh Puri would take a call after assessing the situation.
Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other cities
Fuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil volatility and geopolitical concerns affecting energy supplies. Recent price increases had pushed retail rates to over two-year highs, but a softening in global oil prices offers hope for future reductions.
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh Puri
Speaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India dropped by 3.1 per cent from May 2022 to May 2026.
Petrol, Diesel prices today June 13: Check latest fuel rates in Delhi, Mumbai, Bengaluru, and other cities
Fuel prices remained steady across major Indian cities on June 13, offering consumers a brief respite after recent hikes. Oil companies maintained current rates despite global crude oil market volatility and geopolitical concerns affecting energy supplies. This pause follows cumulative price increases of nearly ₹7.50 per litre since mid-May, reaching over two-year highs.
Supply curbs bulk buyers shut out of retail fuel network
The government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversion. This measure addresses a significant price gap between bulk and retail diesel, which had led to shortages and disruptions for ordinary consumers. The order remains in effect for 90 days.
- Go To Page 1
Seven Naga groups oppose Centre-Assam-Nagaland energy deal before settlement of issues
Naga groups are opposing a new energy exploration deal between the Centre, Assam, and Nagaland. They argue that natural resource ownership is part of the agreed political settlement. The agreement allows exploration along the disputed border. Naga organizations state that any exploration before a final political solution is illegal. They vow to prevent extraction from Naga land.
CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline work
The Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Right to Information request. The request sought details on safety measures for gas pipeline work by Indraprastha Gas Limited. The Commission ordered the regulator to provide a better response.
Blending of E20+ petrol exempt from excise duty
The government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced ethanol. It aims to reduce reliance on imported crude oil. While this exemption is a step towards higher blends, extensive testing is still required. Most current vehicles are compatible with up to E20 blends.
Govt restricts bulk industrial petrol, diesel purchases through petrol pumps
Industrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This change follows a surge in demand for diesel. The government aims to ensure fair distribution for all consumers. Restrictions are in place for up to 90 days.
India fertilizer offers sink in sign of easing supply strain
India's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing. The country is securing large quantities of urea for its monsoon sowing season. However, India is also increasing its spot purchases of liquefied natural gas for domestic urea production, facing higher costs for this vital feedstock.
India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report says
India and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy relationship is evolving into a strategic partnership. Opportunities exist in LNG, crude oil, and LPG. Strengthening supply chains and energy security is vital. Collaboration will support economic growth and energy resilience.
US working to release energy reserves, boost sales of gas to ASEAN
The United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and boosting gas sales. This initiative not only aims to support these nations in diversifying their energy supplies but also seeks to strengthen their long-term energy stability.
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economy
India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the Iran war. Total refined product consumption dropped 6.5% in May, with subdued growth in petrol and diesel sales, indicating weakening economic activity.
Companies seek lifting of curbs on gas pipeline integration
Indian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of domestic gas output. Around 14 million cubic metres of gas from the Northeast is currently unused. A temporary waiver could unlock 8 million cubic metres of gas quickly.
Govt hikes domestic LPG prices by Rs 29 per cylinder
India imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, India has managed to move some LPG cargoes out of the Persian Gulf over the past three months without paying any toll (to Iranian authorities), the ministry said.
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptions
India's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied petroleum gas consumption plummeted by approximately 20% due to shipping disruptions and sanctions impacting Iranian imports. Gasoline sales declined, while diesel consumption saw an increase.
LPG Price Today June 9: Check domestic gas cylinder rate in Delhi, Mumbai, Faridabad, and other cities as govt cuts PMUY subsidy quota
LPG Gas Price Today: Domestic LPG cylinder prices have risen by ₹29. The government has also cut the annual subsidised cooking gas cylinder entitlement for Pradhan Mantri Ujjwala Yojana beneficiaries from nine to four. This move aligns with average household consumption. PMUY beneficiaries still receive a ₹300 subsidy per cylinder. The effective cost for them is now ₹642.
Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4
The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with average household consumption. Previously, beneficiaries received twelve cylinders. A subsidy of Rs 300 per cylinder is still provided. This change follows recent LPG price increases.
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh Puri
India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and expanding energy infrastructure provide a strong buffer. Petroleum Minister Hardeep Singh Puri expressed confidence that global supply shortages will be mitigated. Additional gas supplies will further strengthen energy security. India is well-positioned to manage potential disruptions.
OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: Govt
Cooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up due to the West Asia conflict. This has increased supply costs significantly. Consumers pay less than global rates. Pradhan Mantri Ujjwala Yojana beneficiaries receive a subsidy on fewer refills annually.
"Even I sometimes struggle to get a gas cylinder": Vinesh Phogat slams LPG price hike, raises inflation concerns
after participating in the wrestling selection trials for the 2026 Asian Games in New Delhi, Phogat said the repeated hikes in cooking gas prices were adding to the burden on ordinary citizens and warned that inflation could worsen in the coming months.
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry
The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid in advanced economies such as the United States, Australia and Canada, the Ministry of Petroleum and Natural Gas said on Sunday, noting that a beneficiary of the Pradhan Mantri Ujjwala Yojana (PMUY) pays an effective Rs 642 for a 14.2 kg cylinder, and the general consumer in Delhi Rs 942, against a cost to supply that has now risen to over Rs 1,600.
Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coast
India is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic data and conducting fresh deep-water surveys. This major program across key sedimentary basins aims to reduce import dependence by unlocking untapped hydrocarbon resources beneath the seabed. The initiative is expected to be completed over 36 months.
Who is Dharmendra Pradhan? All about Education minister facing heat in CJP protest amid NEET, CBSE controversy
CJP protest news: The Cockroach Janta Party (CJP) protested at Jantar Mantar, demanding Union Education Minister Dharmendra Pradhan's resignation over alleged NEET 2026 paper leaks and CBSE's On-Screen Marking irregularities. Protesters chanted slogans criticizing the government's handling of the situation. Dharmendra Pradhan, a senior BJP leader, currently holds portfolios for Education and Skill Development and Entrepreneurship.
'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?
Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a significant step in India's "Samudra Manthan Mission." This find strengthens the belief in the Andaman Basin's hydrocarbon potential, though commercial production is estimated to be a decade away. The discovery could bolster India's energy security and reduce import dependence.
Oil India reports natural gas presence in second Andaman offshore well
Oil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block to confirm hydrocarbon presence. The discovery is a positive indicator for future exploration in the area. OIL is currently processing seismic data for further appraisal well drilling.
Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh Puri
India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This move is part of India's strategy to diversify energy sources amid disruptions to global oil supplies caused by the West Asia conflict. Venezuela's vast oil reserves make it a key player in India's efforts to secure stable crude supplies.
India set to hike biogas prices, subsidies under new program
India is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies will encourage new plant development. This initiative aims to reduce carbon emissions and reliance on imported fossil fuels. The policy seeks to expand operational biogas plants from around 200 to 700.
Load More
