The Centre has introduced a new LPG allocation formula to support key sectors amid Middle East tensions. Industries will receive up to 70 per cent of past consumption, with priority for units lacking gas alternatives and incentives for states adopting PNG reforms
India will roll out E20 ethanol-blended petrol nationwide from April 1, 2026. While the move aims to reduce oil imports and emissions, concerns remain over fuel efficiency, vehicle compatibility, environmental impact and pressure on ethanol supply chains.
The Ministry of Petroleum and Natural Gas–initiated Saksham fuel conservation campaign was held at NIEPID, Bowenpally. The annual initiative promotes sustainable energy practices and will run from February 2 to 16 with public awareness activities.
A parliamentary panel warned that India’s heavy dependence on crude oil imports exposes it to geopolitical risks and supply disruptions, urging diversification of sources, stronger strategic reserves, alternative routes, and institutionalised risk management to safeguard long term energy security
Consequent upon the Division Bench judgment, the Ministry of Petroleum and Natural Gas has raised a demand of USD 2.81 billion on the PSC contractors namely Reliance Industries Ltd, BP Exploration (Alpha) Ltd and NIKO (NECO) Ltd
Throughout the 15-day campaign, various activities such as awareness drives, workshops, school competitions, walkathons, cyclothons, LPG panchayats, marathons, and technical seminars were conducted
Secretary, Ministry of Petroleum and Natural Gas, Pankaj Jain, had said that the state-run oil marketing companies (OMCs) may consider reducing petrol and diesel prices if international crude prices stay low for an extended period
