New Delhi, March 25 (IANS) In a significant move aimed at bolstering energy security and reducing dependence on imported fuels, the Central government has issued a new order to streamline the laying of pipelines for natural gas and petroleum products. The order, titled the Natural Gas and Petroleum Products Distribution (Through Laying, Building, Operation and Expansion of Pipelines and Other Facilities) Order, 2026, was published in the official gazette on March 24.The directive comes in…
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Seoul, March 24 (IANS) The South Korean government will strictly enforce a mandatory five-day vehicle rotation system for the public sector to respond to possible oil supply disruption amid persisting tensions in the Middle East while implementing additional energy-saving measures, the climate ministry said Tuesday. Starting Wednesday, the government will beef up monitoring of the public sector’s compliance with the license plate-based rationing system, under which cars are divided into five gro…
Seoul, March 24 (IANS) The government will strictly enforce a mandatory five-day vehicle restriction system for the public sector to respond to possible oil supply disruption amid persisting tensions in the Middle East while implementing additional energy-saving measures, the climate ministry said on Tuesday.Starting Wednesday, the government will beef up monitoring of the public sector’s compliance with the five-day driving restriction system, under which cars are divided into five groups based…
New Delhi, March 19 (IANS) In a strong display of diplomatic support, Prime Minister Narendra Modi held a telephone conversation with the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, on Thursday to convey warm Eid greetings and firmly reiterate India’s condemnation of the recent attacks on energy infrastructure in the Gulf region. The phone call comes amid escalating tensions that have threatened global energy supplies and maritime security.PM Modi, in an X post, reiterated that Indi…
New Delhi, March 19 (IANS) Pakistan has limited petroleum reserves, with crude oil stocks sufficient for just 11 days, raising concerns over energy security amid disruptions caused by the ongoing Middle East conflict, a report has said.Briefing the Senate Standing Committee on Petroleum, the secretary petroleum said the country currently has diesel reserves for 21 days, petrol for 27 days, liquefied petroleum gas (LPG) for nine days and jet fuel for 14 days, according to a report in The Express …
Washington, March 19 (IANS) US President Donald Trump said that the United States “knew nothing” about Israel’s strike on Iran’s South Pars gas field and warned Tehran of massive retaliation if it “unwisely” targets Qatar again, after Iran struck a portion of Qatar’s LNG facility following the attack.Trump on Wednesday night (Local time) said Israel had “violently lashed out” at the South Pars Gas Field, “out of anger for what has taken place in the Middle East,” but stress…
New Delhi, March 17 (IANS) The conflict in the Middle East has hit China’s exports due to the disruption in shipping, which has caused goods to pile up in the local warehouses, according to media reports.The report in CBC news came from the Chinese city of Yiwu, which is known as the world’s supermarket, as it is a key supplier of household goods and electronic products to US commerce giants such as Amazon and Walmart, as well as to the Middle East. The report by Chris Brown states that due …
Mumbai, March 14 (IANS) Indian equity benchmarks lost nearly 6 per cent on a weekly basis, reflecting sustained selling pressure amid escalating geopolitical tensions in West Asia.Nifty dipped 5.31 per cent during the week and lost 2.06 per cent on the last trading day to reach 23,151. At close, Sensex was down 1,470 points or 1.93 per cent at 74,563. It advanced 5.52 per cent during the week.The sharp correction has largely been driven by the surge in crude oil prices and rising macroeconomic c…
New Delhi, March 13 (IANS) The US and India are moving closer to signing a key agreement on critical minerals that could significantly strengthen strategic cooperation and supply chains between the two countries, US Ambassador Sergio Gor said on Friday.Speaking at the India Today Conclave 2026, Gor said the growing engagement between the two nations reflects a deeper partnership that goes beyond conventional trade ties. His remarks come just days after the two countries agreed on a framework for…
Chandigarh, March 11 (IANS) Punjab Education Minister Harjot Bains on Wednesday slammed the BJP-led Central government, calling out its “failed foreign policy” for triggering a worsening energy crisis in the country. Speaking during a discussion in the Assembly, the minister raised concerns over shrinking petroleum and LPG stocks, the shutdown of fertiliser plants in the state, and what he described as discrimination in gas supply to the state, while demanding that the Centre disclose th…