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  • Domestic natural gas price raised by 62%, touches $2.90 per mmBtu for October 2021 to March 2022 Sep 30, 2021 07:06 PM IST

    Domestic natural gas price raised by 62%, touches $2.90 per mmBtu for October 2021 to March 2022

    Earlier this year, the price of domestic natural gas was kept unchanged at $1.79 per mmBtu for April 2021 to September 2021.

  • India's February fuel demand falls to five-month low Mar 11, 2021 10:34 PM IST

    India's February fuel demand falls to five-month low

    Diesel consumption, a key parameter linked to economic growth and which accounts for about 40% of overall refined fuel sales in India, fell 3.8% to 6.55 million tonnes from the previous month, and also declined 8.5% year-on-year.

  • India's fuel demand fell 15.6% YoY in August Sep 09, 2020 04:55 PM IST

    India's fuel demand fell 15.6% YoY in August

    Consumption of fuel, a proxy for oil demand, totalled 14.39 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

  • India's fuel demand fell 7.9% YoY in June Jul 09, 2020 07:43 PM IST

    India's fuel demand fell 7.9% YoY in June

    Consumption of fuel, a proxy for oil demand, totalled 16.29 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

  • Natural gas prices cut by steep 26%; huge dent in ONGC revenues Mar 31, 2020 06:25 PM IST

    Natural gas prices cut by steep 26%; huge dent in ONGC revenues

    Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) said the bulk of India's existing gas production will be priced at USD 2.39 per million British thermal unit for the six-month period beginning April 1, down from USD 3.23 as of now.

  • India's fuel demand fell 0.6% year-on-year in March Apr 10, 2017 11:05 AM IST

    India's fuel demand fell 0.6% year-on-year in March

    Consumption of fuel, a proxy for oil demand, totalled 17.36 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

  • India's diesel demand boosts rare imports of the fuel Dec 14, 2016 04:25 PM IST

    India's diesel demand boosts rare imports of the fuel

    Indian Oil Corp sought up to 80,000 tonnes of 40ppm sulphur diesel for delivery in late December, according to a tender document seen by Reuters.

  • India's fuel demand rose 8.1 % year-on-year in October Nov 10, 2016 01:26 PM IST

    India's fuel demand rose 8.1 % year-on-year in October

    Cooking gas or liquefied petroleum gas (LPG) sales increased 10.3 percent to 1.86 million tonnes, while naphtha sales surged 4.8 percent to 1.11 million tonnes.

  • India's Sept fuel demand rises at fastest pace in a decade Oct 16, 2015 02:06 PM IST

    India's Sept fuel demand rises at fastest pace in a decade

    Fuel consumption, a proxy for oil demand, surged 15.1 percent in September from the same month a year ago, the biggest rise since August 2005, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.

  • India's oil import bill to fall 21.7% to $88 bn in FY16 Jun 24, 2015 09:41 PM IST

    India's oil import bill to fall 21.7% to $88 bn in FY16

    For the current fiscal, the ministry's Petroleum Planning and Analysis Cell (PPAC) has estimated USD 88.203 billion spending on import of 188.23 million tonnes of crude oil. In rupee terms, it comes to Rs 548,655 crore.

  • India rejects BP's request to market jet fuel Mar 30, 2015 04:18 PM IST

    India rejects BP's request to market jet fuel

    Demand for aviation fuel in India could rise by 2.2 percent in the financial year beginning in April, according to the Petroleum Planning and Analysis Cell in the federal oil ministry.

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