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SPR INDIA
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
- India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
- US releases another wave of emergency oil as gas prices biteThe US has awarded 53.3 million barrels from its Strategic Petroleum Reserve to firms including Trafigura, Marathon Petroleum and Exxon Mob...
- India finds $800 billion silver lining as conflict clouds gatherWith an eye on the future, India is set to welcome a massive $800 billion wave of capital investment over the upcoming five years. The curr...
- Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
- Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
- Megha Engineering secures historic contract for India's first private strategic petroleum reserveMegha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petro...
- Southern Peripheral Road in Gurgaon emerges as the region’s most active micro-market for real estate projectsGurgaon's Southern Peripheral Road is a real estate hotspot. Projects worth Rs 50,000 crore launched since 2022. Another Rs 50,000 crore ar...
- India aims for first strategic petroleum reserve with a private company by 2029-30India is aiming to establish its first privately managed strategic petroleum reserve (SPR) by 2029-30, allowing the operator to trade all s...
- India wants Saudi Aramco to develop strategic petroleum reserve as ties strengthenIndia is seeking Saudi Arabia's Aramco to participate in its strategic petroleum reserve (SPR) program to strengthen ties with its key oil ...
- Here is how authorities plan to solve Gurgaon's traffic messGurgaon's Metropolitan Development Authority and the National Highway Authority of India are planning to create a link between the Dwarka a...
- What is the SPR, the emergency oil stash Biden may tap?Releasing oil could allow the Biden administration to fend off criticism ahead of the 2022 midterm elections. By moving in tandem with othe...
- India MRPL seeks to replace ADNOC oil with Saudi grade in Mangalore strategic petroleum reserveIndia, the world's third-biggest oil importer and consumer, has built strategic storage at three locations in southern India to store up to...
- India plans to fill strategic oil storage by the third week of MayIndia will be diverting cargoes for loading in April already bought by refiners Indian Oil Corp, Bharat Petroleum, Hindustan Petroleum and ...
- India to build two more strategic petroleum reserves: Piyush GoyalThere are plans to set up a 4.4-million-tonnes SPR in Odisha and a 2.5-million-tonnes facility in Karnataka expected to provide additional ...
- NiMO failed to get SPR as CBI booked him under PNB fraud caseNirav Modi applied for Singapore Permanent Resident after he fled India in January, but was unsuccessful as CBI had already booked him unde...
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