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India will on Monday import its first ever cargo of LNG from Russia under a long-term deal as the worlds fourth-largest buyer of liquefied natural gas (LNG) diversifies its import basket to meet its vast energy needs.

India to import first ever LNG cargo from Russia tomorrow

GAIL India Ltd will bring the shipload of LNG from Gazprom at Petronet LNG Ltd's import terminal.

3 Jun 2018 2:13 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Man poses as Union minister Pradhan's kin, dupes ex-Armyman

Acting as per the complaint, the police arrested the accused on Tuesday.

8 Aug 2018 1:21 AM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Govt distributes 5 crore gas connections 8 months ahead of schedule

The government provides a subsidy of Rs 1,600 to state-owned fuel retailers for every free LPG gas connection.

3 Aug 2018 6:18 PM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.

India plans to set up LNG terminal in Myanmar

The terminal will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri Lanka.

3 Aug 2018 1:01 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Govt to appeal arbitration ruling on Reliance, ONGC dispute

International tribunal in favour of RIL and its international partners in a dispute over gas migration from fields...

3 Aug 2018 12:50 PM IST

Reliance Industries limited

Tribunal rejects BP's claim for legal cost against govt

Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.

12 Aug 2018 11:53 AM IST

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Huge turnout at Dharmendra Pradhan event worries BJD

BJP strategists believe the massive gathering at Odia Parv was a clear indication of people's growing love for the...

4 Sept 2018 6:12 AM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

External factors behind fuel price rise: Dharmendra Pradhan

Petrol and diesel prices had gone up by almost a rupee per litre within a fortnight last month.

3 Sept 2018 8:30 AM IST

Rising oil prices could cause significant inflation, dampen economic growth and alter geopolitics in multiple ways this year.

Rising fuel prices: The road ahead

US sanctions against Iran, the third biggest exporter of oil to India, make it difficult for its allies like India to...

9 Sept 2018 6:24 AM IST

Odisha CM and BJD chief Naveen Patnaik interacts with children.

BJD, BJP fight to take credit for development

The BJD government has rejected it saying it is inadequate to address the concerns of the BPL people in Odisha.

8 Sept 2018 1:14 AM IST

File image of a man counting cash at a petrol pump.

Petrol, diesel prices break fresh records

The price of petrol has been increased by 20 paise per litre, while diesel saw a hike of 21 paise per litre.

6 Sept 2018 12:29 PM IST