lng

New Delhi, March 12 According to vessel tracking data and industry sources, a foreign-flagged vessel carrying oil for India has successfully crossed the war-affected Strait of Hormuz to reach Mumbai, while another large ship is likely to reach Indian ports in a day or two.The Liberia-flagged...

New Delhi, March 12 The Indian paper industry is facing various challenges, including rising energy costs and a potential disruption in export markets due to the ongoing crisis in West Asia.West Asia is one of the most important export destinations. In 2024-25, India exported paper and...

New Delhi, March 12 The secondary steel industry has sought government intervention to address issues in the supply of industrial gases, warning that disruptions could lead to the closure of hundreds of units.India's steel industry uses Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas...

Gandhinagar, March 11 Amid disruptions caused by a military conflict in West Asia, the Gujarat Government has formed a committee to coordinate with the Centre to ensure adequate supplies of Liquefied Natural Gas (LNG), ensuring that household gas availability is not affected.State minister...

Mumbai, March 11 Opposition parties in the Maharashtra legislature raised concerns about LPG supplies amid growing conflicts in West Asia on Wednesday and asked the government to explain the steps being taken, including measures to curb black-marketing.Raising the matter in the legislative...

New Delhi, March 11 Amid the ongoing conflict in West Asia, a senior official from the Ministry of Oil said on Wednesday that there is no need to panic-book LPG cylinders, and that the normal delivery cycle of two and a half days is being maintained.India's crude oil supplies remain secure...

New Delhi, March 11 S&P Global Ratings said on Wednesday that the profit margins of oil marketing companies like IOC, BPCL, and HPCL could suffer as they are likely to maintain retail prices of petrol and diesel unchanged to curb inflationary pressures.Oil prices have risen since the start of...

New Delhi, March 10 External Affairs Minister S Jaishankar held a conversation with his Iranian counterpart, Seyed Abbas Araghchi, on Tuesday – their third such conversation since the West Asia crisis began – as New Delhi intensified efforts to protect its energy security amid a virtual blockade...

Mumbai, March 10 Mahanagar Gas Ltd (MGL) clarified on Tuesday that it is not currently facing any reduction in gas availability, and the company continues to maintain normal supplies of compressed natural gas (CNG) and piped natural gas (PNG) across its operational areas.However, the company...

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...

New Delhi, March 10 Amid disruptions to imported gas supplies caused by the widening West Asia conflict, the government has revised the priority order for allocating domestically produced natural gas, placing LPG production alongside CNG and piped cooking gas at the top.Under the revised...

Kolkata, March 8 Syama Prasad Mookerjee Port, Kolkata (SMPK), announced on Sunday that East Horizon Pvt Limited will establish a Floating Storage and Regasification Unit (FSRU) at the Haldia Dock Complex.The port and the private firm signed a licensing agreement on Friday for the project...

New Delhi, March 5 The United States will work with India to ensure that its short- and long-term energy needs are met, US Deputy Secretary of State Christopher Landau said on Thursday, amid concerns over disruptions in the flow of crude oil following the crisis in West Asia.Global oil and gas...

New Delhi, March 5 – Leader of the Opposition in the Lok Sabha, Rahul Gandhi, expressed concern over the escalating tensions in West Asia and their potential impact on India on Thursday, stating that the country’s energy security is at risk and calling for decisive leadership in the face of...

On March 5, a day after a US submarine torpedoed and sank an Iranian warship in international waters off the coast of Sri Lanka, the Congress questioned the government's silence. Rahul Gandhi stated that while the country needed a strong leader, the current Prime Minister had "compromised our...

New Delhi, March 3 Russia is ready to fully meet India's energy needs in the event of prolonged disruptions to oil and gas supplies caused by escalating tensions in West Asia, an official from the Embassy of the Russian Federation said on Monday.The assurance from Moscow comes as QatarEnergy...

New Delhi, March 3 Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike – a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said...

New Delhi, March 2 International oil prices rose by about 9% following attacks by the US and Israel on Iran, and retaliatory strikes by Tehran, but retail petrol and diesel prices in India are unlikely to increase in the near term, sources said.Brent crude, the global benchmark, climbed close...

New Delhi, March 2 – Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney set a year-end target on Monday to complete the negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the two countries and agreed to deepen bilateral collaboration in the energy...

New Delhi, February 24 – Negotiations for the proposed free trade agreement between India and the Gulf Cooperation Council (GCC) were formally launched here on Tuesday with the signing of a joint statement by Commerce and Industry Minister Piyush Goyal and GCC Secretary General Jasem Mohamed...