US President Donald Trump announces a Reliance-backed refinery project in Texas under a $300 billion deal, months after India and the US signed a major bilateral trade pact
Indian refiners report 10 per cent increase in LPG production since government order
Reliance Industries says it will maximise LPG output at its Jamnagar refinery complex and divert KG-D6 basin gas to priority sectors to support stable domestic fuel supplies
Government prioritises LPG and LNG supply for domestic use as West Asia conflict disrupts shipments; India also secures alternative supplies that bypass the Strait of Hormuz
Oil prices spike past $100 amid Iran war and supply cuts, raising fears of a sharply higher import bill, inflation and current account deficit for India
Facing supply risks from the West Asia conflict, the government has ordered all refiners to channel full C3-C4 streams into LPG production to ensure adequate supply for households
Alternative routes for LPG, LNG supplies being explored, say officials
Now at a premium, Russian crude imports surge after start of war in West Asia
Government directs refiners to maximise LPG production and supply extra volumes only to state-run OMCs for domestic use, as Hormuz closure tightens India's already import-heavy LPG supply
QatarEnergy has halted production of liquefied natural gas (LNG) amid attacks on its facilities as tensions rise in West Asia
Petronet LNG issued force majeure to QatarEnergy and its off-takers after LNG production was halted amid the West Asia crisis, saying the impact cannot be estimated at this point
India holds around 25 days of crude and petroleum products and may diversify crude sourcing as the Strait of Hormuz faces disruptions, Oil Minister Puri said
Indian refiners are diversifying crude sourcing to bypass the Strait of Hormuz and tapping inventories as the West Asia crisis disrupts key routes that handle over half of India's oil and gas imports
US and Israeli strikes that killed Ayatollah Ali Khamenei have deepened open conflict with Iran and rattled West Asia, disrupting sea routes via Strait of Hormuz, fuelling oil price spike
India's crude oil purchases from Russia remain strong at 1.1 million barrels per day (bpd) in February, showed data from maritime intelligence firm Kpler
Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding
Shell expects demand to continue accelerating, with India's energy consumption projected to surpass that of the US in the 2040s and China in the 2060s
Ethanol blending programme was introduced to reduce reliance on fossil fuels and cut energy imports
The Centre plans to monetise DSFs, storage assets, GAIL Gas equity and dark fibre leases to raise Rs 16,300 crore by FY30 as part of NMP 2.0, targeting both midstream and upstream segments
Of the ₹1.32 trn capex target for FY26, state-run oil firms have already spent ₹1.07 trn in the first 10 months