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There is a chance that North American LPG will gain a stronger foothold in the Indian import mix. (AI image) India is turning to the US to mitigate its ongoing LPG supply crisis as the war rages on in the Middle East. India gets around 60% of its LPG needs from the Gulf region, and…
Pakistan army (PTI file photo) There will be no Republic Day parade in Pakistan this year, as Islamabad has cancelled its March 23 ceremonial event due to the Middle East crisis, which has triggered an oil crisis in Pakistan amid rising tensions in the Gulf region, the Prime Minister Shehbaz Sharif’s office confirmed, according to…
BENGALURU: Britannia Industries said its manufacturing operations have not faced any significant disruption due to industrial gas supply concerns linked to the conflict in West Asia, issuing a clarification after market rumours triggered enquiries. The company said it has adequate levels of finished goods. Source link
India’s imports of urea from China have climbed to their highest level in three years during the current fiscal, even as fertiliser shipments from Russia have also increased sharply, according to government data tabled in Parliament on Friday.In a written reply to the Lok Sabha, Minister of State for Fertilisers Anupriya Patel said India imported…
As tensions in the Middle East continue to boil, the ripple effects are being felt across global oil markets. Disruptions around the Strait of Hormuz, one of the world’s most vital oil transit routes, have thrown supply chains into uncertainty, prompting governments and refiners worldwide to rush in search of alternatives. The International Energy Agency…
Food seller shop vendors cook using coal-fired ovens amid a shortage of commercial LPG cylinders linked to disruptions in global energy supplies (ANI photo) NEW DELHI: Aiming to calm frayed nerves and ease pressure on cooking gas cylinders, govt on Thursday announced the supply of limited quantities for eateries and decided to temporarily reintroduce kerosene…
Hardeep Singh Puri speaks in Lok Sabha during Budget session of Parliament Union Minister for Petroleum and Natural Gas Hardeep Singh Puri told Lok Sabha on Thursday that India remains well prepared to manage disruptions in global energy supplies triggered by the ongoing West Asia conflict, assuring lawmakers that domestic fuel availability and power generation…
The government on Wednesday said India’s crude oil supplies remain secure and urged consumers not to panic over LPG availability, noting that steps have been taken to ensure fair distribution amid geopolitical disruptions.Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, said domestic LPG supplies are currently being…
NEW DELHI: The price situation in the country remains comfortable and it is unlikely to see any significant surge against the backdrop of the West Asia conflict, top officials said, asserting that the Centre is keeping a close watch and working to ensure steady supplies.Key ministries are tracking the situation daily and the Prime minister’s…
NEW DELHI: State-run GAIL India Thursday said its supplies from Petronet LNG may be hit due to curtailments from QatarEnergy, even as the government is in talks with Australia and Canada to purchase gas.On Wednesday, Petronet had informed stock exchanges about the force majeure notice from QatarEnergy which was forced to stop production after a…
