Tuesday, January 31, 2023
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Petroleum Ministry

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

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...

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

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

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

India will start supplying petrol with 20 percent ethanol at select petrol pumps from April next year and will ramp up supplies...

EIL Board approves strategic alliance for salt cavern projects

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

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

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

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

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

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

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

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

ONGC Videsh Limited (OVL) and Indian Oil are in talks to acquire a stake in Tullow Oil's Lokichar oil field in Kenya

Hardeep S Puri dedicates 166 CNG stations across 14 states

Union Petroleum Minister Hardeep Singh Puri on Friday dedicated 166 compressed natural gas (CNG) stations to service of the community

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

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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