Latest Petroleum Products News & Updates

New Delhi, April 17 (IANS) More than 50.5 lakh domestic LPG cylinders were delivered to households on Thursday as the supply of cooking gas in the country remains normal despite the disruptions due to the Middle East conflict, the Ministry of Petroleum and Natural Gas said on Friday.As many as 4.68 lakh PNG connections have also been gasified, and 5.23 lakh customers registered for new connections since March, as consumers are being encouraged to use alternative fuels such as PNG and electric or…

New Delhi, April 14 (IANS) With the US military starting its blockade of Iran’s ports, around two million barrels of Iranian oil per day is expected to be shut out from the world’s markets, tightening global supply and leading to a further rise in prices of petroleum products, according to reports.A complete blockade of the Strait of Hormuz may also impact LPG supplies for India, as over the past month the country managed to have at least eight LPG tankers safely crossed through the strait,” w…

Seoul, April 13 (IANS) South Korea’s exports jumped 36.7 per cent from a year earlier in the first 10 days of April, driven by strong overseas demand for semiconductors, data showed on Monday.Outbound shipments reached US$25.2 billion in the April 1-10 period, compared with $18.4 billion tallied in the same period last year, according to the data from the Korea Customs Service.It marked the country’s highest exports ever recorded for the first 10 days of a month, surpassing the previous record o…

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…

Islamabad, April 3 (IANS) Pakistan’s Human Rights Council (HRC) on Friday strongly criticised the government’s steep increase in petrol and diesel prices, warning that the move would further burden citizens already grappling with rising inflation and economic hardship.According to the rights body, the decision to take petroleum products to their historical highest levels comes at a time when the public is already grappling with severe inflation and economic pressure, raising fears that the p…

New Delhi, April 3 (IANS) State-owned Hindustan Petroleum Corporation Limited (HPCL) on Friday said it has suspended 10 liquefied petroleum gas (LPG) distributors for alleged malpractices, reiterating its zero-tolerance policy against irregularities in its distribution network.Taking to the social media platform X, the company informed that it initiated strict action by suspending 10 LPG distributors found involved in malpractice.”With a zero-tolerance approach, we are ensuring accountability an…

Bhopal, April 2 (IANS) The Madhya Pradesh government on Thursday asserted that there is an adequate supply of LPG and all petroleum products across the state, and that there is no shortage of any kind.Chief Secretary Anurag Jain chaired a high-level review meeting at the Secretariat with senior officials and all District Collectors through video conferencing to assess the availability and distribution of petroleum products.He directed district administrations to remain vigilant and take strict a…

New Delhi, April 2 (IANS) The government has set a target of increasing domestic crude oil production to 35 million metric tonnes by 2030 from 29 million tonnes at present to meet the rising demand for petroleum products in the country, Parliament was informed on Thursday.The government has been taking various steps to boost domestic oil and gas production and reduce dependence on crude oil imports, which, inter-alia, include the adoption of a policy under the production sharing contract (PSC) r…

New Delhi, April 1 (IANS) Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review measures taken by various Ministries/Departments and also discussed further initiatives to be taken in the context of the ongoing West Asia conflict.Prime Minister directed all concerned departments to take all possible measures to ameliorate the problems of citizens and sectors affected by the ongoing global situation.PM Modi assessed the availabilit…

New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, and no ‘dryo…