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India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
High tomato, LPG costs keep household meal bills elevated: ReportHousehold food expenses face continued pressure from elevated tomato and cooking gas prices. Vegetable oil costs also contribute to the ris...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
LNG tanker at risk of exploding after two vessels struck near Strait of HormuzThe Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...
India's fuel consumption drops 3.7% in June from previous monthIndia's fuel consumption fell approximately 3.7% in June from the previous month. Liquefied petroleum gas consumption saw a significant yea...
Cooktops in high demand as West Asia war alters household habitsHome appliance makers are boosting induction cooktop production significantly. This surge is driven by consumers adopting hybrid cooking me...
Govt plans LNG buffer mandate for terminalsIndia is weighing a plan to fund emergency liquefied natural gas stockpiles. This initiative aims to bolster supply security after recent g...
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
India lifts emergency natural gas supply controls imposed after LNG disruptionsEmergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have bee...
St Petersburg region hit by major Ukrainian drone attack, Russian officials saySt. Petersburg and the surrounding Leningrad region faced a significant Ukrainian drone assault overnight, with reports indicating a hit on...
Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
MGL rides PNG adoption wave, analysts see further upsideMahanagar Gas shares have surged on government's push for piped natural gas adoption, aiming for a 20% customer base increase. This move is...