Tuesday, January 31, 2023
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Petroleum Ministry

National News

Windfall tax cut on oil producers expected; hike in levy on ATF, diesel exports surprising: Analysts

PSU Watch Bureau -
Windfall profit tax on local oil producers has been cut on expected lines but increasing the levy on jet fuel and diesel exports was a surprise...
News Updates

Asia’s largest CBG plant in Punjab starts commercial ops, begins supply to Indian Oil

PSU Watch Bureau -
Asia's largest CBG plant in Sangrur district of Punjab has now started commercial production, state's Renewable Energy Minister Aman Arora said on Friday
Latest News

India to start supplying petrol with 20% ethanol from April 2023: Puri

PSU Watch Bureau -
India will start supplying petrol with 20 percent ethanol at select petrol pumps from April next year and will ramp up supplies...
News Updates

EIL Board approves strategic alliance for salt cavern projects

PSU Watch Bureau -
The Board of Directors of Engineers India Ltd 2022 have approved Strategic Alliance with DEEP.KBB GmbH, Germany for salt cavern projects
PSU Appointments

Debajit Gogoi appointed new chief of Indian Oil’s Mathura refinery

PSU Watch Bureau -
Debajit Gogoi has been appointed as the new chief and Executive Director of Indian Oil's Mathura Refinery, an official said on Wednesday
News Updates

Govt cuts windfall tax on fuel export, raises levy on domestic crude oil

PSU Watch Bureau -
Govt has cut the windfall tax on diesel and ATF in line with softening international petroleum product prices but raised the duty on domestically produced crude oil
News Updates

Indian Oil targets meeting 10% of energy requirements from green hydrogen by 2030

PSU Watch Bureau -
Indian Oil is targeting to replace at least a tenth of its current fossil-fuel-based hydrogen at its refineries with carbon-free green hydrogen
News Updates

ONGC Videsh in talks to acquire stake in Tullow’s $3.5 bn project

PSU Watch Bureau -
ONGC Videsh Limited (OVL) and Indian Oil are in talks to acquire a stake in Tullow Oil's Lokichar oil field in Kenya
News Updates

Hardeep S Puri dedicates 166 CNG stations across 14 states

PSU Watch Bureau -
Union Petroleum Minister Hardeep Singh Puri on Friday dedicated 166 compressed natural gas (CNG) stations to service of the community
Latest News

Lanka IOC steps up fuel supplies; to maintain separate stockpile for ambulances

PTI -
Lanka IOC has asked all its 216 petrol pumps in Sri Lanka to maintain a separate fuel stockpile for supply to ambulances in the crisis-hit island nation
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