crude oil imports

New Delhi, March 28 Rajya Sabha MP Kapil Sibal on Saturday claimed that India stands to suffer the most from the ongoing US-Israel and Iran conflict, and accused the Narendra Modi government of lacking a "nation first" approach as well as being fixated on only winning elections.Sibal said...

New Delhi, March 27 Union Home Minister Amit Shah on Friday said the central government's decision to cut excise duty on fuel when prices are soaring globally reflects its people-centric governance and decision-making based on sensitivity.In a post on X, Shah wrote, "As the world is grappling...

New Delhi, March 27 The Congress on Friday attacked Prime Minister Narendra Modi over India's increasing dependence on crude oil, LPG, and natural gas imports."The 'grand' promise of gas made by Mr. Modi has remained just that – gas," Congress general secretary in charge of communications...

New Delhi, March 27 The Congress on Friday attacked Prime Minister Narendra Modi over India's increasing dependence on crude oil, LPG, and natural gas imports."The 'gas grandly promised' by Mr. Modi has remained just that – gas," Congress general secretary in-charge of communications Jairam...

New Delhi, March 26 Reliance Industries said on Thursday that it has not purchased crude oil of Iranian origin since the US temporarily removed sanctions to ease pressure on prices that followed the US-Israeli war on Iran.In a statement, Reliance termed reports of it buying Iranian oil as...

The Ministry of Petroleum and Natural Gas has reiterated that India's supply of petroleum and LPG is fully secure and under control. It stated that all retail fuel outlets have sufficient supplies, and there is no shortage of petrol, diesel, or LPG anywhere in the country. The Ministry has...

New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 a litre, passing on part of the recent surge in global oil prices following the war in the Middle East, sources said.Fuel marketing companies in India...

Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...

March 20, New Delhi — Governments around the world are implementing measures to protect consumers from the rising cost of energy, which has been driven by the ongoing conflict in the Middle East. These measures range from tax cuts and subsidies to adjustments in supply.Germany is exploring...

Tokyo, March 18 – Japanese Prime Minister Sanae Takaichi will depart for Washington on Wednesday evening for a three-day visit during which she is scheduled to hold talks with US President Donald Trump, with the goal of solidifying her position as a crucial partner for the US in Asia, according...

Ahmedabad, March 18 The Indian-flagged tanker 'Jag Laadki', carrying approximately 80,886 metric tonnes (MT) of crude oil, arrived at the Mundra Port in Gujarat on Wednesday amidst the West Asia conflict, officials said.A day earlier, the LPG carrier 'Nanda Devi' arrived at the Vadinar port in...

New Delhi, March 16 Opposition parties in the Rajya Sabha on Monday criticised the government over its handling of the West Asia crisis, warning of severe repercussions for India’s trade, employment, energy security, and rural economy.Participating in a debate over the Appropriation Bill...

Mumbai, March 16 Shiv Sena (UBT) leader Uddhav Thackeray questioned the claims of the Union and Maharashtra governments regarding the availability of LPG amidst the West Asia crisis, and asked why people were queuing up for cylinders if that was the case. He also criticized Chief Minister...

New Delhi, March 15 The government has banned households with piped cooking gas (called PNG) connections from retaining or obtaining subsidized domestic LPG connections, even as the sector regulator has urged city gas distributors to accelerate PNG rollout to ease pressure on cooking gas...

New Delhi, March 14 – Commercial LPG cylinder distribution has begun in 29 states and Union Territories, while authorities have intensified raids and surprise inspections across the country to curb hoarding and black-marketing amid increased pressure on cooking gas supplies, a senior oil...

New Delhi, March 13 The government stated on Friday that uninterrupted supply of LPG to households has been ensured, and there is no need for panic booking for cylinders.Speaking to the media, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said that domestic...

New Delhi, March 12 – There is no shortage of LPG in the country, and "no dry-out has been reported," said Sujata Sharma, Joint Secretary, Marketing and Oil Refining, in the Ministry of Petroleum and Natural Gas, on Thursday.During a briefing on the current LPG situation in the country, she...

New Delhi, March 11 India's purchase of Russian crude oil has surged by 50 per cent in March as New Delhi tapped alternative sources to compensate for the shortfall arising from disruptions in the Middle East amid an escalating military conflict.India bought about 1.5 million barrels of...

Joint Secretary of the Ministry of Petroleum and Natural Gas, Sujata Sharma, stated that India's crude oil supply is secure, and approximately 70 percent of the country's crude imports are now coming from outside the Strait of Hormuz.Addressing an inter-ministerial briefing on recent...

Tokyo, March 11 – Japanese Prime Minister Sanae Takaichi announced on Wednesday that Japan will begin releasing its oil reserves as early as next Monday to address a potential increase in gasoline and other petroleum product prices amid the conflict in West Asia, according to local media...