The crude oil production of India fell 2.67 percent in the fiscal year that ended on 31st March 2022. The production of ONGC was less than the target,...
India’s exports crossed the USD 400 billion mark in a fiscal year. This is the first time India’s export has reached such heights. Overview: This milestone has been...
From April 1, 2020, India will shift to Euro-VI emission compliant from Euro-IV grades that is being followed now. This means that India will shift towards more clean...
On January 20, 2020, the Department of Industry and Internal Trade (DPIIT) announced that it has launched paperless licensing process for petroleum service stations. The paperless licensing has...
The Petroleum Conservation Research Association (PCRA) operating under Ministry of Petroleum and Natural Gas will launch fuel conservation campaign on January 16, 2020. Highlights The campaign will create...
Northern states of Punjab, Haryana, Uttar Pradesh, Himachal Pradesh and Union Territories of Delhi and Chandigarh have agreed to fix uniform tax rates on petroleum products, amid rising...
Budget passenger carrier SpiceJet has successfully conducted India’s first-ever test flight powered by biojet fuel between Dehradun and Delhi on August 27, 2018. The 43 minute flight was...
Pricing of Petroleum in India: The history of pricing of petroleum in India dates back to 1920’s. During the colonial period, the pricing of petroleum was free from...
Minister of State for Finance, Namo Narain Meena held that the government has taken an in-principle decision to link diesel prices with market rates. Yet, there is no...
