Engineered nanoparticles are known to boost membrane performance in membrane technology. Hitherto, tunable properties that lead to improved hydrophilicity due to increased surface oxygen functionalities upon oxidation of petrol soot have not been fully exploited in membrane filtration technology. Herein, the integration of oxidized petrol soot nanoparticles (PSN) into polyethersulfone ultrafiltration membranes produced via phase inversion technique for dye removal in wastewater is reported. The nanoparticles, as well as the composite membranes, were characterized with diverse physicochemical methods, particularly TEM, SEM, BET, AFM, contact angle, etc. The effect of varying the ratio of PSN (0.05–1.0 wt %) on the properties of the composite membrane was evaluated. The composite membranes displayed increased hydrophilicity, enhanced pure water flux, and antifouling properties relative to the pristine membrane. For example, the obtained pure water flux increased from 130 L·m−2·h−1 for base membrane to 265 L·m−2·h−1 for the best composite membrane (M4). The best flux recovery ratio (FRR) observed for the membranes containing PSN was ca. 80% in contrast to 49% obtained with the pristine membrane indicative of the positive influence of PSN on membrane antifouling behavior. Furthermore, the PSN composite membranes displayed relatively selective anionic dye rejection of ˃95% for Congo red and between 50–71% for methyl orange compared with 42–96% rejection obtained for cationic methylene blue dye with increasing PSN content. The successful fabrication of polyethersulfone–PSN composite membranes by a simple blending process opens a novel route for the preparation of economical, functional, and scalable water purification membranes capable of addressing the complex issue of water remediation of organic azo dyes.