India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...

Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...

With 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...

America 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 reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...

India vs Global Petroleum Oil Reserve Strategy: India is expanding its oil reserves amid global supply concerns. Prime Minister Modi highli...

India's strategic oil reserves are currently at 64 percent capacity. This stock can cover approximately five days of the nation's oil needs...

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

The government plans to allocate Rs 5,600 crore next fiscal year to fill India's strategic petroleum reserves and Rs 500 crore to promote b...

India has allocated 55.97 billion rupees ($646.78 million) to support oil purchase for its strategic petroleum reserves. The country aims t...

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

India is aiming to establish its first privately managed strategic petroleum reserve (SPR) by 2029-30, allowing the operator to trade all s...

About 0.75 mmt of capacity in Mangalore and about 0.25 mmt in Visakhapatnam is currently vacant and needs to be filled, L R Jain, the CEO o...

India plans to build two commercial-cum-strategic oil storage facilities with a combined capacity of 6.5 million tonnes in a public-private...

"Government of India (GoI) is closely monitoring global energy markets situation in the backdrop of evolving geopolitical events," Minister...

"We have started selling to oil marketing companies. This will help to create space that we will then offer for leasing," Indian Strategic ...

There 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 ...