Home » Petrochemicals

Petrochemicals

Shri Dharmendra Pradhan addresses USISPF-3rd annual leadership summit; Invites US companies to partner in Aatmanirbhar Bharat campaign

Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan today participated in the USISPF- 3rd Annual Leadership Summit on the theme of “Navigating New Challenges.” Minister Pradhan talked about the unprecedented impact of the Covid-19 pandemic on the global economy and the consequent energy demand contraction. He added that with the gradual pick up of economic activity in ...

Read More »

Battery Swapping Facility Quick Interchange Service inaugurated in Chandigarh

Shri V P Singh Badnore, Governor of Punjab-cum-Administrator, UT, Chandigarh, alongwith the Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today inaugurated Battery Swapping FacilityQuick Interchange Service (QIS) at Chandigarh.Shri TarunKapoor, Secretary, Ministry of Petroleum & Natural Gas, Shri Sanjiv Singh, Chairman, IndianOil, Officers of Ministry of Petroleum & Natural Gas, the Union Territory of Chandigarh, and ...

Read More »

Dharmendra Pradhan inaugurates Product Application and Development Centre at Paradip, Odisha;

Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan along with the Chief Minister of Odisha Shri Naveen Patnaik today inaugurated a Product Application & Development Centre (PADC) setup by Indian Oil at Paradip, through video conference. PADC has been setup by IndianOil at Paradip with a capex of Rs 43 crores, adjacent to its Refinery and Petrochemicals ...

Read More »

Rising Demand of Oil

As per World Energy Outlook 2019 published by International Energy Agency, India’s oil demand in total primary energy is projected to increase from 233 Million tonne of oil equivalent (Mtoe) in 2018 to 305 Mtoe in 2025, whereas China’s oil demand is projected to increase from 593 Mtoe in 2018 to 672 Mtoe in 2025. Government has taken several steps ...

Read More »

In-depth Review of India’s Energy Policies report launched

Shri Dharmendra Pradhan said the report’s findings are a vindication of the significant advances made in realizing the energy vision enunciated by Hon’ble Prime Minister In-depth Review of India’s Energy Policies report by International Energy Agency (IEA) was launched in New Delhi today by Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Steel, Shri Pralhad Joshi, Minister of ...

Read More »

Shri Dharmendra Pradhan unveils India’s First CNG Bus which can run 1000 Kms in one fill;

In a major step towards making India a gas-based economy and making CNG as the eco-friendly option for long distance transport in the country, Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel, today unveiled India’s first long distance CNG bus fitted with composite CNG cylinders, which can travel around 1000 kms in a single fill. The project ...

Read More »

Petroleum Minister holds a number of bilateral discussions with foreign dignitaries

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan has said that the inevitable shift in global energy consumption to Asia is a reality. Addressing the opening session of the 8th Asian Ministerial Energy Roundtable in Abu Dhabi today, he said that we now need to ensure that this change is rooted in Energy Justice, which was ...

Read More »

Sh Dharmendra Pradhan launches the commencement of work for 10th City Gas Distribution bidding round, covering 50 Geographical Areas in 124 districts 

Minister of Petroleum and Natural Gas & Steel Sh Dharmendra Pradhan today launched the commencement of work for 10th City Gas Distribution (CGD) bidding round which will cover 50 Geographical Areas (GAs) in 124 districts. Hon’ble Prime Minister Sh Narendra Modi had launched the 10th CGD bidding Round on 22nd November, 2018. Sh Pradhan had distributed Letters of Intent to 12 successful ...

Read More »

Petroleum Sector contributed Rs. 595,438 Crore to Exchequer in 2018-19 

Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with international product prices and other market conditions. The total contribution to Central and State Exchequer from petroleum sector during the ...

Read More »

GST Council has to decide on levy of GST on Petroleum Products 

Article 279A (5) of the Constitution provides that Goods and Services Tax Council shall recommend the date on which goods and services tax shall be levied on petroleum crude, high speed diesel, motor spirit, natural gas and aviation turbine fuel. Thus while, petroleum products are constitutionally included under GST, the date on which GST shall be levied on such goods, ...

Read More »
WP2Social Auto Publish Powered By : XYZScripts.com