News for 'petroleum'

Delhi Police Bust LPG Hoarding Operation, Agency Owner Arrested

Delhi Police Bust LPG Hoarding Operation, Agency Owner Arrested

Rediff.com6 hours ago

Delhi Police arrested a gas agency owner for allegedly hoarding and black marketing LPG cylinders, seizing 459 cylinders in a raid.

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Modi reviews fuel, power, fertiliser supply amid West Asia tensions

Rediff.com4 days ago

Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.

No surplus oil, says Iran as US eases sanctions

No surplus oil, says Iran as US eases sanctions

Rediff.com5 days ago

In a statement issued by Iran's consulate in Mumbai, it said, "At present, Iran essentially has no floating crude or surplus available for international markets. The US Treasury Secretary's remarks appear aimed at reassuring buyers and managing market sentiment."

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

Uttar Pradesh Authorities Target LPG Black Market with Raids and Arrests

Uttar Pradesh Authorities Target LPG Black Market with Raids and Arrests

Rediff.com17 Mar 2026

Uttar Pradesh authorities have launched a statewide crackdown on black marketing of LPG and other essential commodities, resulting in FIRs against distributors and arrests.

Govt to end LPG supply to households refusing PNG switch

Govt to end LPG supply to households refusing PNG switch

Rediff.com1 days ago

The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.

No shortage, 60 days of fuel stocks available: Govt

No shortage, 60 days of fuel stocks available: Govt

Rediff.com7 hours ago

The Indian government has refuted claims of fuel shortages, asserting that the country possesses approximately 60 days of fuel stock cover and that all petrol pumps are adequately stocked and operating normally.

Raid in Nanded Exposes Black Market LPG Operation

Raid in Nanded Exposes Black Market LPG Operation

Rediff.com16 Mar 2026

The District Supply Department in Nanded conducted a raid on a residence, uncovering an illegal stockpile of LPG cylinders and initiating legal action against the individual involved.

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Rediff.com1 days ago

The Haryana government is taking strict action against black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders to ensure adequate supply for citizens.

Pakistan hikes fuel price by 200% amid Iran war

Pakistan hikes fuel price by 200% amid Iran war

Rediff.com3 days ago

Pakistan has significantly increased the price of high-octane fuel, impacting luxury vehicle owners, while also seeing increases in petrol, diesel, and airline fares due to rising global oil prices.

Kadian and Damani set up CCI Snooker Classic Final Showdown

Kadian and Damani set up CCI Snooker Classic Final Showdown

Rediff.com4 days ago

Digvijay Kadian of Punjab will face Brijesh Damani of Petroleum Sports Promotion Board in the final of the CCI Snooker Classic after both recorded semifinal victories.

PM Modi to Assess Energy Security Amid Middle East Unrest

PM Modi to Assess Energy Security Amid Middle East Unrest

Rediff.com4 days ago

Prime Minister Narendra Modi will chair a meeting with senior ministers to assess the petroleum, power, and fertiliser sectors in light of the ongoing situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.

PM Modi to Assess Energy Security Amid Middle East Unrest

PM Modi to Assess Energy Security Amid Middle East Unrest

Rediff.com4 days ago

Prime Minister Narendra Modi will chair a meeting with senior ministers to review the petroleum, power, and fertiliser sectors in light of the evolving situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Haryana Government Seizes Hundreds of LPG Cylinders in Black Market Crackdown

Rediff.com2 days ago

The Haryana government is taking strict action against individuals involved in the black marketing of cooking gas cylinders, resulting in multiple FIRs and the seizure of hundreds of cylinders.

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Rediff.com6 days ago

Petrol diesel price today March 20, 2026: IOCL & HPCL hike premium petrol (XP95, Speed, Power) by 2/litre and industrial diesel by 22/litre. Regular petrol in Delhi 94.77, diesel 87.67 unchanged. Full city-wise rates inside.

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Haryana Government Takes Action Against LPG Black Marketing, Seizes Hundreds of Cylinders

Rediff.com1 days ago

The Haryana government is taking strict measures to combat the black marketing of cooking gas cylinders, registering FIRs and seizing hundreds of cylinders. Officials assure citizens of sufficient LPG supply despite global concerns.

Nayara Energy Increases Petrol and Diesel Prices Amidst Global Oil Surge

Nayara Energy Increases Petrol and Diesel Prices Amidst Global Oil Surge

Rediff.com7 hours ago

Nayara Energy, a private fuel retailer in India, has increased petrol and diesel prices following a surge in global oil prices due to Middle East tensions. This move contrasts with state-owned retailers who continue to freeze prices.

India 'well stocked' with crude oil to meet supply disruptions: Puri

India 'well stocked' with crude oil to meet supply disruptions: Puri

Rediff.com4 Mar 2026

India is well-stocked with inventories of crude oil and key petroleum products, including petrol, diesel, and aviation turbine fuel (ATF), to deal with short-term disruptions as the war intensifies in West Asia, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday.

Petrol, Diesel Price March 20, 2026: Premium Petrol Hiked Rs 2, Industrial Diesel Rs 22 - Regular Rates Unchanged

Petrol, Diesel Price March 20, 2026: Premium Petrol Hiked Rs 2, Industrial Diesel Rs 22 - Regular Rates Unchanged

Rediff.com6 days ago

Petrol diesel price today March 20, 2026: IOCL & HPCL hike premium petrol (XP95, Speed, Power) by 2/litre and industrial diesel by 22/litre. Regular petrol in Delhi 94.77, diesel 87.67 unchanged. Full city-wise rates inside.

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com3 days ago

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

Rediff.com11 Mar 2026

S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Rediff.com4 days ago

Private bus operators in Sri Lanka warn of potential service disruptions and a nationwide strike due to significant fuel price increases, impacting public transport and raising concerns about inflation.

Govt bars LPG for households with piped gas connections

Govt bars LPG for households with piped gas connections

Rediff.com15 Mar 2026

India restricts subsidised LPG connections for households with piped natural gas (PNG) to ensure equitable distribution and address global energy supply concerns, pushing for faster PNG adoption.

India 'deplores' attack on Gujarat-bound ship in Strait of Hormuz

India 'deplores' attack on Gujarat-bound ship in Strait of Hormuz

Rediff.com12 Mar 2026

India has condemned the escalating attacks on commercial shipping in West Asia, particularly after a Thai-flagged vessel en route to India's Kandla Port was targeted in the Strait of Hormuz. The attacks have disrupted global oil and gas supplies, impacting India's energy imports.

2 held for hoarding 398 LPG cylinders in Madurai

2 held for hoarding 398 LPG cylinders in Madurai

Rediff.com13 Mar 2026

Tamil Nadu Petroleum Dealers' Association urged people not to panic-buy petrol or diesel, stating that 14 terminals in Tamil Nadu have enough stock to replenish 7,000-plus retail outlets as per their demand.

PSPB and RBI Set Up Title Clash at Table Tennis Nationals

PSPB and RBI Set Up Title Clash at Table Tennis Nationals

Rediff.com16 Mar 2026

Petroleum Sports Promotion Board (PSPB) and Reserve Bank of India (RBI) will compete in the final of the 87th UTT Senior National Table Tennis Championships after defeating Uttar Pradesh and Karnataka respectively.

Which States Have High LPG Consumption?

Which States Have High LPG Consumption?

Rediff.com2 days ago

India is home to more than 33 crore LPG users, yet consumption habits differ sharply from one region to the next. In metropolitan hubs such as Delhi, cooking gas is used far more frequently. In contrast, families in predominantly rural states like Bihar and Uttar Pradesh tend to make a cylinder last close to two months, as per PPAC estimates for 2025-26.

Govt says fuel stocks adequate, warns against panic buying

Govt says fuel stocks adequate, warns against panic buying

Rediff.com1 days ago

The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.

How did India secure Hormuz passage for ships? Jaishankar reveals

How did India secure Hormuz passage for ships? Jaishankar reveals

Rediff.com16 Mar 2026

Amidst rising Middle East tensions, External Affairs Minister S Jaishankar highlights India's strategic dialogue with Iran to safeguard maritime traffic through the Strait of Hormuz, ensuring India's energy security and continued oil trade.

We are not a dalal nation: Jaishankar at all-party meet

We are not a dalal nation: Jaishankar at all-party meet

Rediff.com11 hours ago

The Indian government addressed opposition concerns regarding the West Asia crisis in an all-party meeting, outlining its strategy for ensuring the security of the Indian diaspora, fulfilling energy needs, and maintaining diplomatic relations with key partners. The government also dismissed Pakistan's reported mediation efforts.

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Gulf War: Energy Shock Pushes India Towards Atmanirbharta

Rediff.com13 hours ago

We cannot simply have a 60-65 per cent import dependency in LPG, the bulk of which comes from just one volatile region -- West Asia, points out R Jagannathan.

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com2 days ago

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

Now 25 Day Wait To Book Gas Cylinder

Now 25 Day Wait To Book Gas Cylinder

Rediff.com10 Mar 2026

The government has introduced a mandatory 25-day gap between LPG cylinder bookings due to supply concerns arising from global disruptions and tensions in the Strait of Hormuz. This measure aims to prevent hoarding and prioritise essential non-domestic sectors, while domestic LPG production is being increased to mitigate shortages.

Over 500 LPG Cylinders Vanish from Truck in Jhansi Amid Holi Festivities

Over 500 LPG Cylinders Vanish from Truck in Jhansi Amid Holi Festivities

Rediff.com8 Mar 2026

More than 500 filled LPG cylinders were allegedly stolen from a truck in Jhansi during the Holi festival, according to police reports.

India gets 30-day US waiver to buy Russian oil amid Iran war

India gets 30-day US waiver to buy Russian oil amid Iran war

Rediff.com6 Mar 2026

Amidst escalating tensions with Iran, the US has granted India a temporary 30-day waiver to continue purchasing Russian oil, aiming to stabilise global energy markets and encourage future US oil imports by India.

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

Rediff.com3 days ago

Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.

Modi to interact with chief ministers over West Asia conflict

Modi to interact with chief ministers over West Asia conflict

Rediff.com1 hour ago

Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.

India turns to US, Russia, Africa for oil as Middle East conflict escalates

India turns to US, Russia, Africa for oil as Middle East conflict escalates

Rediff.com8 Mar 2026

Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Pilot Claims Vijayan and Modi Follow Similar Political Approaches

Rediff.com5 hours ago

AICC general secretary Sachin Pilot has accused Kerala Chief Minister Pinarayi Vijayan of following similar political approaches to Prime Minister Narendra Modi, alleging a tacit understanding between the CPI(M) and the BJP in Kerala.

Indian warships on standby near Persian Gulf to assist merchant vessels

Indian warships on standby near Persian Gulf to assist merchant vessels

Rediff.com15 Mar 2026

According to sources, the Indian Navy warships are on standby to provide assistance or help required by merchant vessels.