New Delhi, April 2 -- India eased a month-long mandate requiring all refinery byproducts to be used for cooking gas production, allowing some essential components, such as propane, polypropylene, and ... Read More
New Delhi, April 2 -- Global crude prices reversed early losses on Thursday morning after US President Donald Trump said the US is going to hit Iran "extremely hard" over the next two to three weeks. ... Read More
New Delhi, April 2 -- India's liquefied natural gas (LNG) imports from Qatar plunged 93% sequentially in March to about 56,000 tonnes after an attack on QatarEnergy's Ras Laffan plant, exposing the co... Read More
New Delhi, April 1 -- Prime Minister Narendra Modi chaired a second special meeting of the cabinet committee on security on Wednesday to safeguard India amid the war in West Asia. With the Strait of H... Read More
New Delhi, April 1 -- In a volte face in less than four hours, state-run oil marketing company Indian Oil Corporation Wednesday scaled back its over 100% hike in aviation turbine fuel prices for domes... Read More
New Delhi, April 1 -- Amid elevated global crude prices, state-run oil marketing companies have nearly doubled aviation turbine fuel (ATF) prices for April, raising costs sharply for airlines. In the... Read More
New Delhi, March 30 -- International crude oil prices rose more than 3% on Monday morning as the West Asia war escalated, with Yemen's Houthi militants opening a new front through missile and drone at... Read More
New Delhi, March 30 -- Four Indian state-run oil and gas companies are in talks to source cooking and natural gas from Angola's public-sector major Sonangol as the country faces a supply shortage foll... Read More
New Delhi, March 26 -- Global crude oil prices rose over 1% on Thursday as conflicting signals from the US and Iran on potential ceasefire talks kept markets on edge amid the ongoing West Asia war. A... Read More
New Delhi, March 26 -- The West Asia war and the disruptions to energy supply have stirred urgency around India's long-delayed push to build strategic petroleum reserves (SPRs). Indian Strategic Petro... Read More