India's strategic oil reserves are currently at 64 percent capacity. This comes as the nation relies heavily on imports for its energy need...

India is strengthening its energy defenses amid West Asian tensions. Strategic petroleum reserves, diversified imports, and emergency gas a...

Megha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petro...

State-owned Indian Strategic Petroleum Reserves (ISPRL) plans to build a strategic reserve in Madhya Pradesh, serving inland refineries dur...

India is seeking Saudi Arabia's Aramco to participate in its strategic petroleum reserve (SPR) program to strengthen ties with its key oil ...

This is the first time ever that India, which stores 5.33 million tonnes or about 38 million barrels of crude oil in underground caverns at...

Earlier this week, India agreed to release 5 million barrels of crude oil from its strategic reserves as part of coordinated international ...

It bought crude oil at an average price of $19 per barrel to fill its reserves in April and May when prices reached an all-time low while t...