Marginal hike in fuel prices in Kolkata
0Kolkata experienced a slight increase in petrol and diesel prices due to an adjustment in the basic fuel price by oil marketing companies, raising petrol to...
Power Mech Projects bags Rs 982 crore order
0Power Mech Projects has secured a ₹971.98 crore contract from Telangana Power Generation Corporation to build an integrated township at the Yadadri Thermal Power Station in...
Foreign oil firms may get overseas arbitration option
0India’s oil ministry is framing new exploration rules. Future contracts will require Indian oil firms to resolve disputes in India through arbitration. Foreign companies can opt...
Electricity bills of power consumers in Delhi to be hiked by 7-10% in May-June period
0Delhi residents will face a 7-10% electricity bill hike in May-June due to revised Power Purchase Adjustment Cost (PPAC) approved by DERC. This increase, attributed to...
Govt to hold pre-emption right over oil, gas in national emergency: Draft rules
0The Indian government will possess pre-emption rights over all domestically produced oil and natural gas during national emergencies, ensuring resource control for public welfare. Draft rules...
Adani Power wins bid to supply 1500 MW thermal power to Uttar Pradesh
0Adani Power has secured a bid to supply 1500 MW of thermal power to Uttar Pradesh, offering a competitive tariff of Rs 5.383 per unit. The...
IOCL, BPCL urge calm as fuel panic buying begins amid India-Pakistan tensions
0Amid escalating tensions between India and Pakistan, Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL) have urged citizens to avoid panic buying of...
OTC 2025: India showcases offshore energy investment opportunities
0India showcased its offshore energy sector at OTC 2025, emphasizing rich geoscientific data and favorable regulations to attract international investment. Pallavi Jain Govil highlighted energy reforms,...
Connected oil reservoir? Share or surrender
0The oil ministry proposes allowing oil companies to jointly develop oil fields with connected reservoirs, aiming to avoid disputes like the ONGC-RIL case. Licensees must agree...
India to save Rs 1.8 lakh cr on import bill on softening global oil prices
0India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in...