India has secured crude oil and LPG supplies for the near term, limiting the immediate impact of the renewed Strait of Hormuz closure, though prices are expected to rise
Today's opinions examine India's ethanol-blending policy, urban employment trends, MGNREGA reforms, energy security after the Strait of Hormuz disruptions, and Project Cheetah
Aegis Logistics surged 5% to hit a new high at ₹1,388.65, while Aegis Vopak Terminals share price soared 10% to ₹284.10 cent on the BSE in Monday's intra-day trade.
Petrol and diesel consumption rose despite higher fuel prices, while ATF demand edged lower and LPG sales declined amid supply disruptions from West Asia
Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by ₹183.50 across the country.
Mahanagar Gas says LPG supplies to housing societies with operational PNG infrastructure will stop after 90 days, urging residents to apply for piped gas connections
The Centre has restored non-domestic LPG supplies to pre-conflict levels and partially resumed bulk LPG allocations as energy supplies improve following the reopening of the Strait of Hormuz
Higher global LPG prices and limited pass-through to household consumers have resulted in Rs 22,000 crore of under-recoveries for oil marketing companies since March
Petroleum minister says fuel prices in India fell 3.1 per cent from May 2022 to May 2026 even as rates rose sharply in several countries
Indian refiners, including Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd, have also purchased crude through spot tenders in recent weeks
Government says energy supplies, aviation services and maritime operations remain stable as evacuation efforts continue and Gulf connectivity gradually improves
Many residents were feared trapped after a single-storey house collapsed in an LPG blast in north Delhi's Mukundpur area on Tuesday morning, an official of the Delhi Fire Service said. The incident happened at Gali No. 1, Part-2, Ishu Vihar, near the cremation ground, he said. A caller reported the blast at 9.37 am, saying residents may be trapped. "We got information that a blast took place and a building collapsed due to which some people are trapped. Rescue teams rushed to the spot and launched operations," the officer said. Five rescue vehicles were rushed to the spot, he added.
Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent
Prices of 5 kg FTL (Free Trade LPG) cylinders have been increased by ₹11, and will cost ₹821.50 in Delhi
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India and the UAE signed multiple agreements on energy, defence, shipbuilding and AI cooperation, alongside investment commitments worth $5 billion
Agreements on energy cooperation, green technology and strategic oil reserves are expected during Prime Minister Narendra Modi's visit to the UAE
Speaking at the CII Annual Summit, Union Minister Hardeep Singh Puri said India's oil companies are losing ₹1,000 crore every day and the under recovery is going to be ₹1,98,000 crore
India has maintained adequate crude oil, petroleum product and LPG reserves despite global supply disruptions, Oil Secretary Neeraj Mittal said
Reliance Industries is likely to begin maintenance shutdown at its Jamnagar refinery after Nayara Energy resumes operations, amid efforts to ensure fuel supplies