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The Latest Breaking News from oil ministry

E20 causes no engine damage, no major mileage loss: IIT Kanpur

IIT Kanpur researchers report no significant fuel efficiency drop with E20 petrol. Their studies found no evidence of engine damage from the blended fuel. The Oil Ministry also stated E20 offers benefits outweighing minor mileage impacts. Extensive testing has been conducted on ethanol-blended fuels by the institute. Motorists should consult…

The Economic Times · Jul 14

Govt. panel proposes ban on diesel 4-wheeler vehicles by 2027

India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fuelled vehicles in cities with more than a million people and polluted towns in order to cut emissions, an Oil Ministry panel is recommending.

The Hindu · May 8, 2023

Iraq to Increase Production Capacity at Basra Refinery

Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani announced Sunday that the Oil Ministry is working to increase the refining capacity of the Basra Gas Company to 1,400 million cubic feet per day in the coming years. During his visit to the facilities of…

Asharq Al-Awsat · Nov 7, 2022

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Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

The Hindu · Aug 11, 2022

Libya's GNU to Replace Oil Chairman Sanalla

Libya's Government of National Unity (GNU) moved to replace the National Oil Corp (NOC) chairman and board on Tuesday as control over the state energy producer was drawn further into a complex political standoff between rival factions. According to the text of the decision confirmed to Reuters by a GNU…

Asharq Al-Awsat · Jul 13, 2022

Oil Minister Says Iraq to Act to Annul Kurdish Oil Deals

Iraq’s oil minister said on Thursday the government will take steps to enforce a recent court decision to annul oil contracts the semiautonomous northern Iraqi Kurdish region made with international companies. The minister, Ihsan Abdul-Jabbar Ismail, told The Associated Press the deals, which circumvent the government in Baghdad, are illegal…

Asharq Al-Awsat · Jul 7, 2022

Oil minister says Iraq to act to annul Kurdish oil deals

Iraq's oil minister says the government will take steps to enforce a recent court decision to annul oil contracts in the country's northern Kurdish region

The Independent UK · Jul 7, 2022

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Selling diesel at ₹20-25/litre loss, petrol at ₹14-18/litre loss: private retailers to govt

Private fuel retailers suffer loss as a result of a price freeze by state-owned fuel retailers despite soaring crude rates

The Hindu · Jun 19, 2022

Baghdad-Erbil Crisis Looms after Oil Talks Collapse

Iraqi Oil Minister Ihsan Abdul Jabbar has dropped a bombshell by acknowledging that no agreement has been reached with the Kurdistan Regional Government (KRG) over oil and energy, warning of a crisis erupting between Baghdad and Erbil. Last March, the Federal Supreme Court announced a binding and final decision for…

Asharq Al-Awsat · May 9, 2022

Govt asks state-run petroleum firms to consider buying Russian oil assets

The call on companies to explore buying the stake in Rosneft came after BP CEO Bernard Looney met Petroleum Minister Hardeep Singh Puri in March

The Hindu · Apr 29, 2022

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