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May 18, 2026, 08:40 PM - 3 min read
Addressing the Inter-Ministerial Briefing in New Delhi today on Recent Developments in West Asia, Joint Secretary in the Ministry of Petroleum and Natural Gas, Sujata Sharma said that the country has sufficient stock of petrol, diesel, LPG and natural gas.
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March 22, 2026, 03:40 PM - 2 min read
Prime Minister Narendra Modi will chair a ministerial meeting on Sunday to review petroleum, power and fertiliser supplies amid the West Asia conflict.
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September 12, 2024, 06:27 PM - 3 min read
Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.
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August 31, 2024, 02:17 PM - 1 min read
The government reduced the windfall tax on domestically-produced crude oil from ₹2,100 to ₹1,850 per tonne, effective Saturday.
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June 15, 2024, 12:54 PM - 2 min read
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
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