energy supply

New Delhi, March 12 – India does not face a fuel shortage, and the country currently has sufficient crude oil reserves, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should avoid spreading rumors and creating false narratives.Speaking in Parliament...

Chhatrapati Sambhajinagar, March 11 Canpack India, which produces glass bottles for breweries and pharmaceutical industries, may have to shut down its furnaces at its plants if the LPG supply does not resume within the next four days, its CEO said on Wednesday.Restarting these furnaces will...

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...

From cooktops and microwaves to firewood and solar options, restaurants, street food vendors, and catering businesses across the country are scrambling for alternatives as a shortage of commercial LPG cylinders begins to disrupt kitchens amid the ongoing conflict in West Asia.With the...

New Delhi, March 11 Amid escalating tensions in West Asia, threatening global energy supplies, the government said on Wednesday that it is fully prepared to meet any unprecedented surge in coal demand, with overall coal stocks at approximately 210 million tonnes – sufficient for around 88 days...

New Delhi, March 11 – Two shipments of liquefied natural gas (LNG) are arriving in India to bolster supplies for domestic consumers, as public sector oil and gas companies have increased imports from outside the Middle East amid the Iran conflict, a senior official from the central government...

New York/Washington, March 11 The US has "temporarily permitted" India to "accept" Russian oil already on ships, aiming to ensure energy supplies amid the conflict with Iran. According to a top White House official, this move underscores that America's allies in India are "reliable partners"...

Washington, March 11 – The White House said that President Donald Trump personally approved a temporary waiver allowing India to purchase Russian oil as part of a broader effort to stabilize global energy markets amid disruptions caused by the ongoing US military campaign against Iran.The...

New Delhi, March 10 External Affairs Minister S Jaishankar spoke to his German and South Korean counterparts on Tuesday as New Delhi intensifies diplomatic efforts to manage the fallout of the West Asia crisis, particularly regarding energy supplies.Global oil and gas prices have surged...

Mumbai, March 10 An escalating conflict in West Asia could pose downside risks to India's economic growth outlook if the conflict persists, according to a report by ICRA.The rating agency said it expects India's real GDP growth to be around 7.1 per cent in FY2027, slightly lower than the 7.6...

Chennai, March 10 Tamil Nadu Chief Minister M.K. Stalin held a high-level review meeting at the State Secretariat in Chennai on Tuesday to assess the potential impact of the ongoing US–Iran conflict on the State and to formulate appropriate response measures.The meeting focused on the possible...

New Delhi, March 10 Prime Minister Narendra Modi met with several key ministers on Tuesday and asked them to work together to ensure that Indian consumers do not suffer from the impact of the conflict in West Asia on the supply and price of petroleum products, sources said.Amid rising tensions...

Chennai, March 10 Amid reports that several hotels in Bengaluru have shut down due to an alleged shortage of LPG cylinders, Tamil Nadu Bharatiya Janata Party (BJP) President Nainar Nagenthran, on Tuesday, dismissed concerns of a nationwide gas shortage, asserting that there is "no scarcity of...

Chennai, March 10 Tamil Nadu Chief Minister M K Stalin on Tuesday assessed the potential impact of the ongoing conflict in West Asia on the state.The meeting, attended by senior officials, focused on the safety of the Tamil diaspora in the Gulf countries and the stability of energy supply."I...

New Delhi, March 10 Natural gas produced domestically will now be supplied on a priority basis to units that use it to produce LPG, a government notification said amid disruptions of imports due to the West Asia conflict.Until now, compressed natural gas (CNG) and piped cooking gas were the...

New Delhi, March 10 – The government has revised the priority for allocating domestically produced natural gas, giving the cooking gas and transport sectors first priority to meet their full requirements before supplies are made to other sectors to ensure uninterrupted supply.With the widening...

Washington, March 8 – US Energy Secretary Chris Wright said on Sunday that the US had asked India to purchase Russian oil cargoes that were waiting to be unloaded at Chinese refineries as a way to stabilize global energy markets during the ongoing conflict with Iran.In an interview with CNN...

New Delhi, March 6 – Indian refiners have begun acquiring millions of barrels of Russian oil floating in Asian waters after the US granted a waiver allowing the purchase of cargoes stranded at sea, but they are seeking legal opinions on whether the exemption also permits buying from sanctioned...

New Delhi, March 5 India is seeking assistance from the United States to secure maritime insurance for vessels transporting oil from the Middle East, as it looks for continuity in energy supplies beyond its current reserves.The country has stocks in tanks, pipelines, and ships in transit to...

New Delhi, March 4 Qatar has halted liquefied natural gas (LNG) production following attacks on its facilities amid the ongoing West Asia conflict, disrupting supplies to India and creating a shortage of feedstock for key domestic sectors.India, which relies on long-term LNG contracts with...