Ministry of Petroleum and Natural Gas

January 28, 2025 4:46 PM

Rising exports and expanding refining capacity boost India’s petroleum industry

India has experienced a surge in petroleum product exports over the past decade, with its refining capacity now exceeding 250 million metric tonnes per annum (MMTPA), enabling the country to meet global demand, according to a press release from the Ministry of Petroleum & Natural Gas. India ranks among the top five refining nations globally and is the seventh-largest exporter of refined petroleum products, the statement added. Historical Growth and Industry Expansion India’s petroleum i...

January 7, 2025 4:21 PM

India’s LPG connections more than double in a decade, reach 32.83 crores in 2024

The number of LPG connections in India has more than doubled from 14.52 crore in 2014 to 32.83 crore in 2024, marking over a 100% growth, according to the Year-End Review released by the Ministry of Petroleum and Natural Gas on Tuesday. This growth reflects the government’s ongoing efforts to enhance energy access, efficiency, and sustainability in the country. A significant contributor to this expansion is the Pradhan Mantri Ujjwala Yojana (PMUY), which has provided 10.33 crore LPG connectio...

September 16, 2024 6:07 PM

Union Minister Piyush Goyal announces 80% licensing fee concession for women entrepreneurs

Union Minister Piyush Goyal has unveiled significant fee concessions and safety measures for the petroleum and explosives sector during a Stakeholder Consultation in New Delhi. The event, organized by the Department for Promotion of Industry and Internal Trade (DPIIT), aimed to enhance efficiency within the Petroleum and Explosives Safety Organisation (PESO) and improve dialogue with industry stakeholders. Goyal announced an 80% concession in licensing fees for women entrepreneurs and a 50% fee...