India Strategic Petroleum Reserve
-
{
- All
- News
- Videos
-
US Expert Compares Pakistan's Oil Shock vs India's Fuel Stability Amid Iran War
Kiyosaki noted that India has widened its oil supply network over the years, leaning on Russia as a key source while bringing back shipments from Venezuela in 2026.
-
"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
How Much Crude Oil Reserve Does India Have? What Union Minister Said
India's SPRs - underground facilities in Andhra Pradesh and Karnataka - can store of 5.33 million tonnes and, assuming capacity at 100 per cent, these should provide cover for 9.5 days during disruptions like the Iran war.
-
Oil Wars: How Iran's Hormuz Grip Is Bleeding Americans' Wallets
Iran's Hormuz blockade sees US fuel prices jump 21 per cent as Donald Trump boasts "we make money", but polls show 48 per cent of American voters are unhappy over the war.
-
Iran War Pushes Many Eateries Into Retro Mode: Wood, Coal Replacing LPG
The headlines have been about India's strategic petroleum reserves but the crunch over volatility in energy supply from the Middle East as a result of US-Israel's war on Iran is also being felt by a hospitality sector starved of LPG cylinders.
-
Will India Have Enough Oil If Iran War Escalates? Oil Reserves At A Glance
The US-Israel war on Iran getting into its stride now, India is calculating its oil reserves in case of a possible crisis.
-
India's Release Of 5 Million Barrels Oil From Stockpile A 'Symbolic Gesture'
The government official said the release from India's strategic petroleum reserve (SPR) was "a symbolic gesture" as it needed to create space as part of efforts to make money from renting out the storage and was already selling the oil.
-
India Starts Selling Oil From Strategic Reserves After Policy Shift
India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).
-
India Refiners' July Crude Processing Catches Up With Demand Rebound
Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.
-
India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
-
MoU Signed For India To Develop Strategic Petroleum Reserve In US
India and the US have signed an MoU to develop a strategic petroleum reserve in America and the two countries are in advanced stage of discussion to store crude oil in America to increase India's stockpile, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Friday.
-
India Plans To Fill Strategic Oil Storage By The Third Week Of May
India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Government Plans To Fill Strategic Oil Storage By The Third Week Of May
The government plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Saudi Assures Oil Supply, India's Strategic Reserve Levels At 55%: Report
India's strategic petroleum reserves stand at 55 per cent of available underground storage capacity of 5.33 million tonnes, a top government official told Reuters on Monday.
-
Cabinet Approved Two Strategic Petroleum Reserves: Piyush Goyal
The cabinet on Wednesday approved establishment of two strategic petroleum reserves (SPRs) with a total capacity of 6.5 million tonnes, interim Finance Minister Piyush Goyal said.
-
US Expert Compares Pakistan's Oil Shock vs India's Fuel Stability Amid Iran War
Kiyosaki noted that India has widened its oil supply network over the years, leaning on Russia as a key source while bringing back shipments from Venezuela in 2026.
-
"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
How Much Crude Oil Reserve Does India Have? What Union Minister Said
India's SPRs - underground facilities in Andhra Pradesh and Karnataka - can store of 5.33 million tonnes and, assuming capacity at 100 per cent, these should provide cover for 9.5 days during disruptions like the Iran war.
-
Oil Wars: How Iran's Hormuz Grip Is Bleeding Americans' Wallets
Iran's Hormuz blockade sees US fuel prices jump 21 per cent as Donald Trump boasts "we make money", but polls show 48 per cent of American voters are unhappy over the war.
-
Iran War Pushes Many Eateries Into Retro Mode: Wood, Coal Replacing LPG
The headlines have been about India's strategic petroleum reserves but the crunch over volatility in energy supply from the Middle East as a result of US-Israel's war on Iran is also being felt by a hospitality sector starved of LPG cylinders.
-
Will India Have Enough Oil If Iran War Escalates? Oil Reserves At A Glance
The US-Israel war on Iran getting into its stride now, India is calculating its oil reserves in case of a possible crisis.
-
India's Release Of 5 Million Barrels Oil From Stockpile A 'Symbolic Gesture'
The government official said the release from India's strategic petroleum reserve (SPR) was "a symbolic gesture" as it needed to create space as part of efforts to make money from renting out the storage and was already selling the oil.
-
India Starts Selling Oil From Strategic Reserves After Policy Shift
India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).
-
India Refiners' July Crude Processing Catches Up With Demand Rebound
Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.
-
India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
-
MoU Signed For India To Develop Strategic Petroleum Reserve In US
India and the US have signed an MoU to develop a strategic petroleum reserve in America and the two countries are in advanced stage of discussion to store crude oil in America to increase India's stockpile, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Friday.
-
India Plans To Fill Strategic Oil Storage By The Third Week Of May
India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Government Plans To Fill Strategic Oil Storage By The Third Week Of May
The government plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Saudi Assures Oil Supply, India's Strategic Reserve Levels At 55%: Report
India's strategic petroleum reserves stand at 55 per cent of available underground storage capacity of 5.33 million tonnes, a top government official told Reuters on Monday.
-
Cabinet Approved Two Strategic Petroleum Reserves: Piyush Goyal
The cabinet on Wednesday approved establishment of two strategic petroleum reserves (SPRs) with a total capacity of 6.5 million tonnes, interim Finance Minister Piyush Goyal said.
