Indian LPG tanker Jag Vikram has crossed the Strait of Hormuz after the US-Iran ceasefire, marking the first such transit…
At least 28 India-flagged vessels were in the Strait of Hormuz region when the West Asia conflict erupted, including 24…
ONGC Chairman Arun Kumar Singh warned that reliance on Gulf energy can no longer be guaranteed, urging India to ramp…
Qatar has reaffirmed its role as India’s top LNG and LPG supplier as Oil Minister Puri visited Doha to secure…
The Hotel and Restaurant Association of Western India (HRAWI) spokesperson Pradeep Shetty stated that operating costs in the hospitality sector have surged…
Government doubles supply of 5-kg LPG cylinders as demand surges, with daily sales crossing 1 lakh units amid rising consumption…
Petrol and diesel demand surged in March amid panic buying linked to West Asia tensions, while LPG consumption slumped sharply…
Onions saw a sharp 25% drop in prices compared to last year, largely due to excess supply and weak exports.…
India’s LPG output dips in April due to refinery adjustments, but supply remains stable as incoming West Asia shipments ease…
India’s gas supply risks are deepening as disruptions at Qatar’s Ras Laffan and tensions in the Strait of Hormuz tighten…
Rahul Gandextended the critique to industries, claiming textile mills and factories- already on life support- are collapsing as their worker…
Oil Marketing Companies have issued clear instructions to all distributors, stating that any such sale is illegal and will attract…
Government steps up LPG supply amid Hormuz concerns, selling 6.6 lakh small cylinders and assuring no shortages while urging consumers…
The Petroleum Ministry has outlined a ₹17,500 crore compensation plan for IOCL, BPCL, and HPCL in FY27 to offset LPG…
In its credit opinion report on India, Moody’s said prolonged disruptions, particularly LPG shipments due to the conflict, would lead…
First Iranian crude shipment since 2019 reaches India amid Strait of Hormuz disruptions; oil ministry rejects claims of transaction issues
The Indian Oil noted that the supplies are granted against valid identification proof to ensure accessibility and ease of distribution.
Joint Secretary in the Ministry of Petroleum and Natural Gas, Sujata Sharma, on Wednesday reiterated that the crude oil inventories…