The Indian LPG carrier Jag Vikram has successfully navigated the Strait of Hormuz. This marks a significant transit for an India-flagged vessel following a US-Iran ceasefire. While Jag Vikram carries vital LPG supplies, other Indian ships remain in the Persian Gulf. Talks are ongoing to ensure safer passage for all. Domestic LPG supplies are stable…
India has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue and ensure sufficient domestic fuel supply. The export duty on diesel now stands at ₹55.50 per litre, and on ATF at ₹42 per litre. These changes are a response to rising global crude oil prices following…
The Indian government has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue amidst fiscal challenges. The export duty on diesel has risen substantially, and a similar increase has been applied to aviation turbine fuel. Export duties on petrol remain unchanged. These changes are effective immediately.
India-flagged LPG carrier Jag Vikram has successfully crossed the Strait of Hormuz. This marks a significant transit post the US-Iran ceasefire. The vessel carries a substantial LPG load and is en route to Mumbai. While traffic through the strait is yet to fully recover, this event signals a step towards normalcy. LPG supplies to Indian…
Ghaziabad is launching new 5 kg LPG connections for the economically weaker sections and working class. Eighty-five gas agencies in the district have received 50 cylinders each for distribution. This initiative aims to benefit daily wage labourers, small families, and temporary residents.
India’s Oil Minister Hardeep Puri met Qatar’s Energy Minister Saad Sherida Al-Kaabi. Both stressed ending global energy supply disruptions. Qatar reaffirmed its role as a reliable energy supplier to India. Discussions covered trade, investment, and energy ties. India is reassessing its supply situation following a ceasefire. Efforts are underway to secure the safe passage of…
West Asia War: India’s shipping ministry has granted special permission for four vessels carrying Iranian oil to dock at Sikka port. This move comes after a temporary U.S. waiver on sanctions. Reliance Industries requested the special berthing for these vessels. The waiver is set to expire soon. This development allows India to potentially resume importing…
India faces a more fractured global order with increased risks to its energy supplies. ONGC chairman Arun Singh warns that the country’s traditional advantage due to Middle East proximity is challenged. India must build substantial oil and gas storage and boost domestic production. Investments in overseas fields are also becoming less attractive.
India faces energy security challenges due to global conflicts. ONGC Chairman Arun Kumar Singh advises caution on Middle East oil reliance. He stresses building strategic storages and increasing domestic production as vital. Diversifying energy sources and supply chains is also recommended. India has improved its LPG supply. Prioritizing piped natural gas for households is suggested.
Jio-BP, a fuel joint venture, will not increase petrol and diesel prices now. This decision comes despite a surge in international oil costs. Other private retailers like Nayara Energy and Shell India have raised their prices. Jio-BP attributes its sales growth to specialized fuel additives. The company assures adequate fuel supplies and normal operations at…