petrochemicals

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    South Korea Prepares for Energy Supply Risks Amid Iran Conflict

    Seoul, March 24 – South Korean President Lee Jae Myung called on the government on Tuesday to implement an emergency response system proactively to address concerns about the supply of oil and gas, as the US-Israeli war with Iran has continued and disruptions in global energy markets have...
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    Government Boosts Coal Sector with New Gasification Initiatives

    New Delhi, March 23 Coal and Mines Minister G Kishan Reddy informed the Rajya Sabha on Monday that seven coal gasification projects, with an investment of Rs 64,000 crore, will be set up in Maharashtra, Odisha, and West Bengal, and this will help in reducing the import of energy products.In...
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    New Regulations Enhance India’s Energy Supply Chain Visibility

    New Delhi, March 19 The government has classified energy data as a matter of national security, mandating all entities across the oil and gas value chain to provide detailed operational information.The Oil Ministry's Petroleum and Natural Gas (Furnishing of Information) Order, 2026 requires...
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    Fertilizer Exports to US Possible as US Revives Venezuela Energy Sector

    Washington, March 14 – The United States has expanded authorizations for Venezuela's energy and petrochemical sectors, a move that could help stabilize global fertilizer and oil supplies – developments closely watched by major importers such as India.The US Treasury Department said the changes...
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    Gujarat Strengthens Gas Supply with New Connections

    Gandhinagar, March 13 – The Gujarat government announced on Friday that restaurants, hotels, educational institutions, and social-religious organizations located in areas with existing city gas pipeline networks will now be able to obtain new PNG (piped natural gas) connections immediately upon...
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    Supply Constraints Ripple Through India's Industries

    New Delhi, March 12 The shortage of liquefied petroleum gas (LPG) in the country could disrupt operations of quick-service restaurant chains and drive up input costs for consumer-facing companies, as supply constraints ripple across sectors ranging from restaurants to glass and plastics...
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    Trade War Escalates: US Investigates India Over Manufacturing Excess Capacity

    New Delhi, March 12 – The US Trade Representative (USTR) announced on March 11 that it has launched a new round of Section 301 trade investigations targeting the policies and industrial practices of 16 economies, including India and China.Following a decision by the US Supreme Court...
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    PM Modi Launches Rs 10,800 Crore Development Push in Kerala

    Kochi, March 11 – Prime Minister Narendra Modi on Wednesday dedicated several development projects worth around Rs 10,800 crore to the nation, inaugurating and laying the foundation stone for them in Kochi, marking a major push for infrastructure, energy, and industrial growth in Kerala...
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    Government Prioritizes Gas for Fertilizers Amid Supply Disruption

    New Delhi, March 10 Fertilizer stocks were in the spotlight on Tuesday, with Rashtriya Chemicals and Fertilizers surging over 16 per cent, following the government's prioritization of gas allocation to the sector.Shares of Rashtriya Chemicals and Fertilizers rose by 16.18 per cent, National...
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    Gas Supply Prioritized: LPG, CNG, and Cooking Gas to Get Full Allocation

    New Delhi, March 10 The production of LPG, CNG, and piped cooking gas will take precedence over all other sectors using natural gas, as the government has restructured allocations to ensure uninterrupted supply for households and transport sectors.Following the widening conflict in the Middle...
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    Gas Allocation Prioritized: LPG Gains Top Spot Amid Supply Disruptions

    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...
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    Gas Prioritization: India Focuses on Cooking and Transport Needs

    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...
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    Government Prioritizes Key Sectors as Gas Imports Face Challenges

    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...
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    FTA Negotiations Begin Between India and Gulf Cooperation Council

    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...
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    Venezuela Oil Imports Boost Refining Margins for Indian Firms

    New Delhi, February 13 Mukesh Ambani's Reliance Industries Limited, a billionaire, has received a US general license to directly purchase Venezuelan crude oil, enabling India's largest private refiner to resume importing discounted heavy feedstock that aligns with its Jamnagar refinery...
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    Engineers India Ltd. Sees 3-Fold Profit Rise Driven by Project Growth

    New Delhi, February 13 State-owned Engineers India Ltd (EIL) reported a more than 3-fold increase in net profit to Rs 302 crore for the third quarter ended December 31, 2025, driven by strong execution and higher revenues.The net profit of Rs 301.73 crore in October-December – the third...
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