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LIQUEFIED PETROLEUM GAS
Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL TechIndian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Seve...
'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...
India imports 55% of LPG from the US, 12% from Iran in MayIndia's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...
India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
Trade pact with Oman strengthens India's energy security: ExpertsThe recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts n...
OMCs stare at big losses despite recent price hikesOil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...
India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
India asks state fuel retailers to build LPG storage for 30 days' demand, official saysIndia has asked state-run fuel retailers to increase the storage capacity of liquefied petroleum gas to meet 30-days' demand, Sujata Sha...
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
India bars piped natural gas customers from buying LPG cylinders, order showsIndia has banned customers using piped natural gas from purchasing LPG cylinders. This move comes as LPG supplies to some industries are re...
No shortage of LPG, petrol, and diesel in the state: Manipur governmentManipur authorities have confirmed ample stock of Liquefied Petroleum Gas, petrol, and diesel. The government is addressing misinformation ...