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New Delhi, March 30 (SocialNews.XYZ) All refineries are operating at high capacity with adequate crude inventories, and sufficient stocks of petrol and diesel are being maintained while domestic LPG production from refineries has been increased to support local consumption, the Ministry of Petroleum and Natural Gas said on Monday. Although LPG supply continues to be affected due to the prevailing geopolitical situation, no dry-outs have been reported at LPG distributorships. Most LPG distributo ...Read More >
New Delhi, Mar 30 (PTI) The central government's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26 compared to 85.8 per cent in the year-ago period, according to government data released on Monday. The Centre estimates the fiscal deficit (the gap between expenditure and revenue) during 2025-26 at 4.4 per cent of GDP, or Rs 15.58 lakh crore. According to monthly accounts released by the Controller General of Accounts (CG ...Read More >
New Delhi: India is likely to offer 21 blocks for prospecting of oil and natural gas in the next bidding round under Open Acreage Licensing Policy (OALP), Directorate General of Hydrocarbons (DGH) said. The area to be offered for bidding is about 80,235 square kilometers. DGH mentioned a list of the 21 blocks that will be offered in the 11th round of OALP (OALP-XI). The GDH has invited companies to bid for the exploration, development, and monetization of 21 Oil and Gas blocks likely to contain ...Read More >
New Delhi [India], March 30 (ANI): The Union government on Monday announced that 100 per cent supply of natural gas is being maintained for domestic consumers and CNG transport, noting that approximately 95 per cent of LPG bookings were done online yesterday. Speaking at a joint inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing and Oil Refinery) at the Ministry of Petroleum and Natural Gas, stated that the country possesses sufficient fuel reserves to meet current demand. A ...Read More >
Fuel and LPG supplies remain normal across the country, with oil marketing companies supplying around 5.5 million cylinders on Saturday and petrol and diesel retail outlets operating without disruption, the government said on Sunday. In its daily update on energy supply and fuel availability, the ministry of petroleum and natural gas said panic buying was reported in some areas due to rumours. "Certain rumours led to unusually high sales and heavy crowding at retail outlets in a few states," th ...Read More >
New Delhi [India], March 30 (ANI): The Union government on Monday announced that 100 per cent supply of natural gas is being maintained for domestic consumers and CNG transport, noting that approximately 95 per cent of LPG bookings were done online yesterday. Speaking at a joint inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing and Oil Refinery) at the Ministry of Petroleum and Natural Gas, stated that the country possesses sufficient fuel reserves to meet current demand. " ...Read More >
Petrol and diesel stocks continued to be adequate at retail pumps across the country, the petroleum ministry said on Saturday, even as a panel of Union ministers overseeing supplies -- gas to fertilisers -- assessed measures to boost availability amid the West Asian war, defence minister Rajnath Singh said in a tweet. Distribution of LPG cylinders, used by 333 million households for daily cooking, has remained "normal" with outlets delivering about 5.4 million refills on Friday, the petroleum m ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
New Delhi, March 30 (SocialNews.XYZ) The government on Monday said that there is an adequate stock of fertilisers at about 180 lakh metric tonnes (LMT), compared with 147 LMT a year ago, despite the escalating West Asia crisis and supply issues. Additional Secretary, Department of Fertilisers, Aparna Sharma, however, said that domestic urea output has taken a hit. "As of today, we have an adequate stock position. Urea and Diammonium phosphate (DAP) are made available to farmers at regulated pr ...Read More >
NEW DELHI: India is accelerating clearances for commissioning of wind power plants and battery energy storage systems as the U.S.-Israeli war against Iran has led to a gas shortfall, the country's junior power minister said on Monday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatt (GW) of gas power during peak-demand periods or heatwaves. "Presently, there are challenges in respect of availability and price volatility ...Read More >
NEW DELHI, March 30 (Reuters) - India is accelerating clearances for commissioning of wind power plants and battery energy storage systems as the U.S.-Israeli war against Iran has led to a gas shortfall, the country's junior power minister said on Monday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatt (GW) of gas power during peak-demand periods or heatwaves. "Presently, there are challenges in respect of availability ...Read More >
BENGALURU: In line with Union govt directives to regulate commercial use of LPG amid the West Asia crisis, the state govt Sunday issued a set of standard operating procedures (SOPs) to manage supply and distribution.Under new guidelines, all commercial establishments must register for piped natural gas (PNG) connections with their respective distribution entities within seven days "to be considered under the allocation framework".The state has categorised commercial LPG distribution into four pr ...Read More >
New Delhi: Thegovernment has stepped up measures to secure fuel and gas supplies amid the closure of the Strait of Hormuz, while urging citizens to avoid panic buying as sporadic rushes were reported at fuel stations. In a statement, giving an update on developments following the war in West Asia, the oil ministry said refineries are operating at high capacity with adequate crude inventories, and stocks of petrol and diesel remain sufficient nationwide. Retail outlets are functioning normally, e ...Read More >
New Delhi: LPG production has been increased by 28 per cent through refinery directives in the last five days, and further procurement is actively underway, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said in the Parliament on Thursday. Stressing that the government's foremost priority is that the kitchens of India's more than 33 crore families, especially the poor and the underprivileged, do not face any shortage, Puri said domestic supply is fully protected, and the deli ...Read More >
The shockwaves of a war being fought nearly 3,000km away are now reaching India's kitchens. As the US-Israeli strikes on Iran disrupt energy shipments through the Strait of Hormuz, supplies of liquefied petroleum gas (LPG) are tightening across India, forcing restaurants to cut menus, shorten hours and in some cases shut down altogether. Social media is awash with video clips showing queues outside cooking-gas dealers across Indian cities and towns as worries over fuel supplies spread. Commerc ...Read More >
* Iran has allowed India-flagged tankers to pass through the Strait of Hormuz after talks. * Two Indian tankers, Pushpak and Parimal, are safely transiting the strategically vital strait. * A Liberian-flagged tanker with an Indian captain cleared the strait and docked in Mumbai. Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Iran has dismissed reports claiming Tehran has allowed India-flagged tankers to pass through the Strait of Hormuz amid a worsening global energ ...Read More >
New Delhi [India], March 12 (ANI): The Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, informed the Lok Sabha on Thursday that the country is successfully navigating the major disruption in global energy supplies following the West Asia conflict. "India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Oppos ...Read More >
New Delhi: LPG production has been increased by 28 per cent through refinery directives in the last five days, and further procurement is actively underway, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said in the Parliament on Thursday. Stressing that the government's foremost priority is that the kitchens of India's more than 33 crore families, especially the poor and the underprivileged, do not face any shortage, Puri said domestic supply is fully protected, and the deli ...Read More >
Hyderabad (Telangana) [India], March 12 (ANI): Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Thursday wrote to Union Petroleum and Natural Gas Minister Hardeep Singh Puri seeking urgent intervention to address the shortage of both commercial and domestic LPG cylinders. According to a post by BRS on 'X', KTR warned that the shortage is severely affecting hotels, eateries, hostels and small food businesses. The letter cautioned that thousands of establishments could be forced to s ...Read More >
New Delhi [India], March 12 (ANI): Leader of Opposition in Lok Sabha, Rahul Gandhi on Thursday warned that the ongoing conflict in West Asia and the closure of the Strait of Hormuz could have serious consequences for India's energy security, saying that "the pain has just started." Speaking in the Lok Sabha, Rahul Gandhi said the war involving the United States, Israel and Iran is likely to have far-reaching global and domestic repercussions. He noted that the Strait of Hormuz, through which ne ...Read More >
Indore (Madhya Pradesh) [India], March 12 (ANI): After Madhya Pradesh's capital Bhopal, the reported shortage of commercial LPG cylinders is affecting the restaurant and food business in Indore city as well, with several food stalls facing difficulties in continuing their operations. Restaurant owners say they are unable to obtain commercial gas cylinders, resulting in some establishments temporarily shut down, and some food outlets selling tea, poha, and kachori are trying to keep their busine ...Read More >
NEW DELHI: Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has "bartered" to the US India's right to determine its relationships with different oil suppliers due to a "compromise". Raising the issue in the Lok Sabha, Gandhi said the war between the US-Israel and Iran is going to have far-reaching consequences. "The central artery from where 20 pc of global oil flows, Strait of Hormuz, has bee ...Read More >
New Delhi, March 12 (SocialNews.XYZ) There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister N ...Read More >
Indian businesses say they are struggling to keep operations running as gas supplies are disrupted by the US and Israel's war on Iran. Restaurant owners are scrambling to keep kitchens running and entrepreneurs in industries like ceramics and fertilisers say they are unable to maintain their production and are warning of shutdowns. India has said it is not short of gas but has invoked emergency measures to ensure supplies get to domestic consumers and other key users. The country meets half o ...Read More >
New Delhi, Mar 11 (PTI) India's state-owned oil marketing companies - Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited - are under pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and dependence on imported energy, global rating agencies said. India imports 88 per cent of its crude and nearly half its natural gas, with 30-55 per cent of supplies passing through the Strait of Hormuz. Strat ...Read More >
Chennai (Tamil Nadu) [India], March 11 (ANI): Tamil Nadu Chief Minister M K Stalin on Wednesday wrote to Prime Minister Narendra Modi highlighting urgent issues affecting the state and Tamils residing in West Asia amid the ongoing tensions in the region. In a post on X, Stalin said he urged the Centre to take immediate steps to ensure uninterrupted LPG supply for domestic, commercial and industrial consumers in Tamil Nadu in view of the ongoing situation in West Asia. Also Read | 'India Doesn' ...Read More >
New Delhi, March 11: Reports of LPG supply disruptions have emerged from parts of Uttar Pradesh and Bihar, briefly affecting services and prompting crowds at gas agencies, even as officials and the government said steps are being taken to ensure adequate supply and prevent shortages. In Ayodhya's Ramnagari, meal distribution at the Ram Rasoi located near the Ram Mandir at the Amava Temple had to be temporarily suspended due to the unavailability of cooking gas. Devotees who arrived for darshan s ...Read More >
NEW DELHI, March 11 (Reuters) - Indian gas firm GAIL has bought an Omani liquefied natural gas cargo as the South Asian nation attempts to meet its natural gas demand, three trade sources said. GAIL has bought the prompt cargo for delivery next week from a European trader through negotiations at a fixed price of $17-$20 per million British thermal units, two of the three sources said. The cargo loaded on the vessel Orion Hugo, chartered by Shell, is scheduled to arrive in India around March ...Read More >
Chennai (Tamil Nadu) [India], March 11 (ANI): Tamil Nadu Chief Minister M K Stalin on Wednesday wrote to Prime Minister Narendra Modi highlighting urgent issues affecting the state and Tamils residing in West Asia amid the ongoing tensions in the region. In a post on X, Stalin said he urged the Centre to take immediate steps to ensure uninterrupted LPG supply for domestic, commercial and industrial consumers in Tamil Nadu in view of the ongoing situation in West Asia. CM Stalin also sought urg ...Read More >
Chennai: The escalating tensions in the Middle East saw a spurt in the prices of crude, natural gas, gold and silver on Monday. Analysts warn that prices could move further northwards if the tensions remain heightened. In the Multi Commodity Exchange, crude prices gained 8.5 per cent to Rs 6600 per barrel from the Friday closing level of Rs 6092. West Texas Intermediate (WTI) prices moved up 7.6 per cent on Monday, a day after Iran supreme leader Ayatollah Khamenei died in a US-Israeli strike. ...Read More >
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