The Union Cabinet approved a national policy on biofuels that seeks to not only help farmers dispose of their surplus stock in an economic manner but also reduce India’s oil-import dependence.

The Indian Petroleum & Natural Gas Statistics presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the current publication cover the exploration, production, refining, marketing activities, etc. of Oil and Gas sector.

The Indian Petroleum & Natural Gas Statistics presents updated comprehensive statistics on various aspects of Indian Petroleum & Natural Gas sector. The data on international developments in respect of the key parameters of Petroleum and Natural Gas sector have also been captured in the publication. The Statistics presented in the current publication cover the exploration, production, refining, marketing activities, etc. of Oil and Gas sector.

A government-appointed panel examining a dispute over migration of gas from Oil & Natural Gas Corporation (ONGC)-held blocks in the Bay of Bengal to adjacent fields of Reliance Industries (RIL) will submit its report to the Ministry of Petroleum by August 31.

The Minister of State (IC) for Petroleum and Natural Gas released the Hydrocarbon Vision 2030 for north-east India, outlining steps to leverage the hydrocarbon sector for development of the region in Guwahati.

The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the important segment of Petroleum and Natural Gas Industries have also been presented in the publication. The Statistics presented in the current publication cover the exploration, production, refining, marketing activities etc. of Oil sector.

This draft guidelines for granting marketing rights for CNG, as transportation fuel, including setting up CNG stations published by Ministry of Petroleum and Natural Gas for public consultation.

The “Indian Petroleum & Natural Gas Statistics” presents comprehensive statistics on various aspects of Indian Petroleum & Natural Gas Industries. The data on international developments in respect of the important segment of Petroleum and Natural Gas Industries have also been presented in the publication. The Statistics presented in the current publication cover the exploration, production, refining, marketing activities etc. of Oil sector.

In December 2012, the Rangarajan Committee submitted its report on "Production Sharing Contract (PSC) Mechanism in Petroleum Industry". The report, inter- alia, recommended a formula for pricing of domestically produced gas.

This report prepared by the committee chaired by Dr. Vijay Kelkar includes a discussion of the economic foundations of Exploration and Production Contracts and an early action program drawn upon the analysis and inputs received from wide ranging consultations with stakeholders.

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