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"oil-ministry"

  • Govt says India has enough petrol and diesel supply amid fuel diversion concerns

    The Centre said India has adequate petrol and diesel supplies and no fuel shortage despite global tensions. It warned against diversion of subsidised retail fuel for industrial use and asked States and Union Territories to crack down on hoarding, black marketing and unauthorised stocking
  • Middle East conflict fallout: Oil ministry sets up panel as LPG shortage hits restaurants

    The oil ministry has formed a committee to address the sudden shortage of commercial LPG cylinders that has alarmed India’s hospitality industry. The government has prioritised household LPG supplies, leaving hotels and restaurants struggling.
  • Oil Ministry freezes gas allocation, prices of CNG, PNG spike

    New Delhi: The Oil Ministry has stopped making fresh allocation of natural gas from domestic fields to the city gas sector, threatening the viability of Rs 2 lakh crore investment planned in the sector besides leading to a hike in CNG and piped cooking gas prices to record levels, sources said. Despite a decision of […]
  • Govt to slap recovery notice on Vedanta’s Cairn

    Move comes after Delhi HC held that the firm is liable to pay higher profit share
  • GAIL bifurcation plan put on hold

    GAIL is India's biggest natural gas marketing and trading firm and owns 60 per cent of the country's 26,284-km gas pipeline network, giving it a stranglehold on the market.

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