New Delhi, March 20 (IANS) The recent tensions in the Gulf region, particularly around the Strait of Hormuz, have once again exposed the fragility of global energy supply chains.For a country like India — historically dependent on imported hydrocarbons — such disruptions inevitably trigger concerns about fuel shortages. In recent weeks, social media has amplified anxieties around LPG availability, with visuals of long queues and delayed deliveries circulating widely.However, a closer and mor…
Latest Bharat Petroleum News & Updates
New Delhi, March 12 (IANS) The Government has approved a compensation of Rs 30,000 crore in FY 2025-26 to the public sector oil companies — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — for supplying LPG at subsidised prices, the Parliament was informed on Thursday.The retail selling price of a 14.2 Kg domestic LPG cylinder is currently Rs 913 in Delhi. After a targeted subsidy of Rs 300 a cylinder to poor consumers under Pradhan Mantri Ujjwala Yojana (PMUY), the Centre is providing …
New Delhi, March 10 (IANS) As hotels and restaurants report commercial LPG shortage, the government has invoked the Essential Commodities (EC) Act to ensure the uninterrupted supply of domestic cooking gas, directing refineries and petrochemical units to maximise the production of LPG.The EC Act has been invoked to ensure divert key hydrocarbon streams to the LPG pool.Authorities have also asked these facilities to divert key hydrocarbon streams to the LPG pool in order to boost availability and…
New Delhi, March 9 (IANS) The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 days to 25 days to prevent hoarding, as there were signs of panic buying taking place in the market amid the uncertainties due to the Iran war.Officials said that there is a sufficient supply of LPG available in the country, and the booking time for LPG cylinders has been increased as a measure to manage inventory effectively.The step has been taken as there was a …
New Delhi, March 3 (IANS) India is in a reasonably comfortable position as far as crude oil, LPG and LNG are concerned, with a stock of 25 days of reserve for crude and 25 days of products, including the quantity that is in transit on ships headed for the country’s ports, according to government sources.India imports over 85 per cent of its crude oil requirement, of which around 50 per cent is supplied by Middle Eastern countries through the Strait of Hormuz, flows from which has been disrupte…
New Delhi, Jan 1 (IANS) Commercial LPG prices have risen sharply at the start of the month, adding to the cost burden of hotels, restaurants and other businesses that rely heavily on cooking gas.The price of a 19-kg commercial LPG cylinder has been increased by Rs 111 across major cities.In Delhi, the price of a 19-kg commercial LPG cylinder has gone up to Rs 1,691.50. In Mumbai, the rate has increased from Rs 1,531.50 to Rs 1,642.50.Kolkata has seen the price rise from Rs 1,684 to Rs 1,795. Che…