New Delhi: There is no LPG shortage in the country and "no dry-out has been reported", Petroleum and Natural Gas Ministry's Joint Secretary, Marketing and Oil Refining, Sujata Sharma, said Thursday. In a briefing on the current LPG situation in the country, she said that...
New Delhi/Tehran: Iran has allowed India-flagged tankers to pass through the Strait of Hormuz following talks between External Affairs Minister (EAM) S. Jaishankar and his Iranian counterpart Abbas Araghchi, with the aim of keeping the critical sea route open for the transportation of crude oil...
Washington: The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, part of a coordinated international effort by major economies to stabilise energy markets as conflict in the Middle East pushes global prices higher. The...
Berlin: Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency (IEA) request for its members to release 400 million barrels to help temper energy price spikes due to the Iran war. The largest-ever previous collective release of...
Bucharest: Romania's top defence body Wednesday approved a request from the United States to increase its troop presence and use of the NATO country's air bases to facilitate its ongoing military operations in Iran and the Middle East. President Nicusor Dan said after a meeting...
Mumbai: Stock market benchmark indices Sensex and Nifty ended nearly 2 per cent lower Wednesday after a day's breather following a spike in crude oil prices amid growing tensions in West Asia. Besides, sustained foreign fund outflows and selling in blue-chip bank stocks also drove...
New Delhi: State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said Wednesday. "Domestic retail prices of fuels...
New York/Washington: US President Donald Trump has said that India's Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and "our partners in India" for the deal. Describing it as a "historic USD 300 billion deal",...
Washington: The White House said that the United States is determined to keep the Strait of Hormuz open as the war with Iran intensifies, stressing that President Donald Trump will not allow Tehran to disrupt global energy supplies. White House Press Secretary Karoline Leavitt said...
New Delhi: Air India and Air India Express will start levying a fuel surcharge of Rs 399 on each domestic flight ticket from March 12 and also hike the charge for international bookings due to a steep rise in jet fuel prices amid the Middle...
The energy crisis engulfing the whole world is deepening with no sign of the war between Israel-USA and Iran ending...
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Nepal did what Bangladesh could not. Its Gen Z has transformed its pent-up anger against mainstream political parties and their...
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The insults heaped on India by senior officials of the Trump administration, including the PoTUS himself, that have become all...
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By Aakar Patel I have no problem with the reality that as a nation we cannot always or even mostly...
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