Category : Search result: strategic petroleum reserves


Manipur fuel stations shut after bomb attack

Fuel stations in Manipur's Imphal valley shut indefinitely after a bomb attack on a BPCL pump in Bishnupur. Dealers protest, panic buying ensues, and black market prices soar. Read the full story.

Forex reserves fall $980 million to $686.80 billion

India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.

IIPE's Rs 550 Cr Permanent Campus Opens in Vizag

Indian Institute of Petroleum and Energy's new 200-acre campus near Visakhapatnam begins operations. Students celebrate new academic life with state-of-the-art facilities. Read more.

India's Oil Import Bill Falls 12% as Crude Prices Dip

India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.

Forex Reserves Rise $4.36 Billion to $693 Billion

India's foreign exchange reserves surged by $4.36 billion to $693.12 billion for the week ending May 31, 2024, marking a significant recovery. Explore the key drivers behind this growth.

India's Forex Reserves Surge to $693.32 Billion

India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.

India's Petrol Pumps Cross 1 Lakh Mark

India's petrol pump network has doubled in ten years, crossing 1 lakh outlets. This makes it the world's third-largest retail fuel network. Discover the details and implications of this massive growth.

PNGRB Rolls Out Consumer Protection Rules for Oil & Gas

The Petroleum and Natural Gas Regulatory Board introduces a comprehensive consumer protection framework for the oil and gas sector, aiming to ensure fair practices and timely grievance redressal. Learn about the new rules and their impact.

NCLT Approves Vedanta Demerger Plan

The National Company Law Tribunal greenlights Vedanta's split into separate companies, overcoming objections from the Petroleum Ministry. Read the full details and implications.

Arjuna Ranatunga faces arrest in Rs 800mn oil scam

Sri Lanka's 1996 World Cup-winning captain Arjuna Ranatunga is likely to be arrested over alleged corruption causing an Rs 800 million loss to the Ceylon Petroleum Corporation. Read the full story.

Sri Lanka to arrest ex-cricket captain Arjuna Ranatunga

Sri Lankan authorities plan to arrest former cricket captain Arjuna Ranatunga over alleged corruption in a 2017 oil procurement deal. Read the full details of the case and its connection to the country's anti-corruption campaign.

India's Forex Reserves Fall to $686.2 Billion

India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.

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