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...
04 Jul, 2026, 10.09 AM IST
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...
04 Jul, 2026, 01.11 AM IST
India, Japan agree on crude oil stockpiling & reserve systemsIndia and Japan are joining forces to bolster energy security, creating joint strategies for crude oil and petroleum product stockpiling to...
03 Jul, 2026, 11.43 PM IST
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...
03 Jul, 2026, 09.04 AM IST
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...
02 Jul, 2026, 08.10 AM IST
Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
01 Jul, 2026, 07.57 AM IST
India, Japan to sign LNG supply pact at Modi-Takaichi summitIndia and Japan are poised to sign a crucial pact on securing liquefied natural gas (LNG) supplies during Prime Minister Narendra Modi's su...
01 Jul, 2026, 12.00 AM IST
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 ...
30 Jun, 2026, 04.16 PM IST
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...
30 Jun, 2026, 03.51 PM IST
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...
30 Jun, 2026, 06.31 AM IST
Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
26 Jun, 2026, 04.49 PM IST
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
26 Jun, 2026, 11.41 AM IST
India raises LPG supplies to industries, government saysIndia has made significant strides in enhancing LPG availability for commercial and industrial users by removing previous supply restrictio...
25 Jun, 2026, 08.06 PM IST
India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
23 Jun, 2026, 10.13 AM IST
India issues first response after explosion at Qatar’s Ras Laffan kills 12 IndiansIndia's External Affairs Minister, Dr. S. Jaishankar, expressed deep sorrow following an explosion at Qatar's Ras Laffan Industrial City th...
23 Jun, 2026, 10.00 AM IST
12 Indians among 13 killed in blast at Qatar's Ras Laffan LNG complex during restartA devastating explosion at Qatar's Ras Laffan LNG complex has claimed thirteen lives and injured sixty-six. The incident occurred during th...
23 Jun, 2026, 08.53 AM IST
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...
22 Jun, 2026, 11.47 AM IST