Latest Indian Oil News & Updates

New Delhi, April 8 (IANS) The Centre on Wednesday announced that increase in the commercial LPG limit to 70 per cent of the pre-March 2026 bulk consumption level will be extended to industrial units in the pharma, food, polymer, agriculture, packaging, paint, uranium, heavy water, steel, seed, metal, ceramic, foundry, forging, glass, and aerosol sectors.The increase will be subject to an overall sectoral limit of 0.2 thousand metric tonnes per day.Besides, conditions regarding registration with …

New Delhi, April 7 (IANS) The Centre announced on Tuesday that it has doubled the daily quantity of 5 kg LPG cylinders being provided to each state for disbursal to migrant labourers.”The supply of 5 kg LPG cylinders is being doubled based on the average daily supply to migrant labourers during March 2-3, 2026, beyond the limit of 20 per cent mentioned in the letter dated March 21. These 5 kg cylinders will be at the disposal of the state government for supplying only to migrant labourers in the…

New Delhi, March 29 (IANS) The government on Sunday eased the petroleum safety and licensing rules to allow faster distribution of kerosene to households, amid the disruption in cooking fuel supplies due to the Iran war.The Ministry of Petroleum and Natural Gas said in a notification that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and Union TerritoriesSelect petrol pumps operated by public sector oil marketing companies such …

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…

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 …

Bengaluru, March 11 (IANS) A heated debate erupted in the Karnataka Assembly on Wednesday over the shortage of commercial LPG cylinders, with the ruling Congress and the opposition BJP trading sharp accusations while the government appealed to the public to limit LPG consumption during the ongoing global crisis.Food and Civil Supplies Minister K.H. Muniyappa said the state government had already held discussions with oil companies and assured that domestic consumers would receive at least one LP…

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…

Bengaluru, Feb 26 (IANS) At only 22, Beauty Dungdung bears a heavy burden. Currently, she is training intensely at the Indian Women’s Hockey Team’s national camp in Bengaluru. However, returning to the turf has been the toughest challenge she has faced. Beauty recalls, “It took me around two years to rebound,” reflecting on her serious knee injury in 2023. She spent months in rehab, questioning whether she would return to play for India. However, the physical pain was minor compared to the hea…