Latest Petroleum Products News & Updates

New Delhi, March 29 (IANS) The supply of domestic LPG cylinders is normal in the country, with more than 55 lakh refills delivered on Saturday, while another 64,000 free trade 5 kg cylinders have also been sold, and no dry-outs have been reported at LPG distributorships, the Ministry of Petroleum said on Sunday.Online LPG cylinder bookings have increased to 94 per cent on an industry basis, and to prevent diversion at the distributor level, Delivery Authentication Code (DAC) based deliveries hav…

Gandhinagar, March 27 (IANS) The Gujarat government has welcomed the central government’s move to cut excise duty on petrol and diesel by Rs 10 per litre.Gujarat Chief Minister Bhupendra Patel said, “Today, when there has been a sharp rise in crude oil prices at the global level, the Prime Minister Narendra Modi has once again demonstrated his sensitivity towards the people of the country by prioritising the welfare of citizens above all else.”He further noted, “The Central Government has …

Bhubaneswar, March 26 (IANS) Chief Minister Mohan Charan Majhi on Thursday directed all state government officials to take stringent action against unscrupulous traders creating artificial shortages of cooking gas and essential commodities in Odisha by taking undue advantage of the situation arising from the ongoing conflict in the Gulf region.The instructions were issued during a high-level meeting held at Lok Seva Bhawan here on Thursday under the chairmanship of Chief Minister Majhi to review…

Karnal (Haryana), March 26 (IANS) Union Minister Manohar Lal on Thursday said that while global conflicts and geopolitical tensions pose a potential risk to the supply of petroleum products and gas, India is well-prepared to tackle any such challenge and there is “no need to panic” at present.Speaking to reporters, the minister underlined that the issue of energy supply is not confined to India alone but is a growing international concern, particularly in light of ongoing conflicts between sever…

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…

New Delhi, March 22 (IANS) The delivery of domestic LPG cylinders remains normal, panic bookings have come down, while the government has increased commercial LPG allocation to states, according to an update by the Ministry of Petroleum and Natural Gas on Sunday amid global disruptions due to the Middle East war.Educational institutions and hospitals have been prioritised, and around 50 per cent of the total commercial LPG allocation is going to these sectors. An additional 20 per cent commercia…

New Delhi, March 13 (IANS) The US waiver for buying seaborne Russian crude has immediately freed another 20-odd million barrels of oil on board ships which is expected to cool runaway prices that have crossed the $100 per barrel mark in the global market amid the Iran war.There are currently around 25 ships carrying Russian crude at sea while another five ships are carrying petroleum products. These can be diverted immediately to destinations from where the demand emanates.The temporary waiver c…

New Delhi, March 12 (IANS) Prime Minister Narendra Modi said on Thursday that the government is “doing everything possible” to safeguard India’s energy security amid the disruptions in oil and gas supplies caused by the Iran war.Addressing a media event here, PM Modi said that his government has worked in a holistic manner to make India “self-reliant” in the energy sector, which has resulted in huge savings for the country.”Before 2014, India had negligible storage capacity for strategic petrole…

Patna, March 11 (IANS) As fears of shortage of LPG and petroleum products triggered panic buying across Bihar, the Bihar Police stepped in to manage the situation and issued an alert directing authorities to prevent chaos and hoarding. Although the government has stated that LPG stocks are sufficient and there is no need to panic, anxiety remains high among residents.According to officials, the Special Branch of the Bihar Police issued an alert letter directing authorities to increase police pat…

New Delhi, March 10 (IANS) India is continuing to supply diesel to Bangladesh via pipeline from the Numaligarh refinery in Assam as part of the long-term agreement that is in place with the neighbouring country.The India-Bangladesh Friendship Pipeline was operationalised in 2017. It has been supplying diesel to Bangladesh on a commercial basis from the Numaligarh Refinery Ltd. This diesel supply is part of regular ongoing energy trade between the two countries, a senior official said.Meanwhile, …