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	<title>fuel supply Articles &amp; Updates - berightnews</title>
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	<item>
		<title>LPG Gas Shortage: Is There Really a Crisis in India?</title>
		<link>https://berightnews.com/2026/03/26/lpg-gas-shortage/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Thu, 26 Mar 2026 14:40:23 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[energy crisis]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[government response]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[LPG gas shortage]]></category>
		<category><![CDATA[oil production]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[Petroleum]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/26/lpg-gas-shortage/</guid>

					<description><![CDATA[<p>The Indian government insists there is no LPG gas shortage, despite recent panic ordering. Production and supply remain stable across the country.</p>
<p>The post <a href="https://berightnews.com/2026/03/26/lpg-gas-shortage/">LPG Gas Shortage: Is There Really a Crisis in India?</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>What the data shows</h2>
<p>The question on many minds is whether there is an actual LPG gas shortage in India. The government has firmly stated that there is no shortage of LPG in the country, even as reports of panic buying have surged. Sujata Sharma, Joint Secretary (Marketing &#038; Oil Refinery) at the Ministry of Petroleum &#038; Natural Gas, emphasized, &#8220;There is no shortage of LPG at any distributorship.&#8221; This assertion comes amid rising concerns among consumers who fear they may not be able to secure their gas supplies.</p>
<p>Supporting the government&#8217;s claims, India&#8217;s domestic refinery production has ramped up by 40 percent, bringing daily LPG output to an impressive 50 thousand metric tonnes. Oil companies are successfully delivering over 50 lakh cylinders every day, which is a significant achievement considering the recent spike in demand. The demand for cylinders had initially surged to 89 lakh due to panic ordering but has now stabilized at around 50 lakh, indicating that the situation is returning to normal.</p>
<p>The Ministry of Petroleum and Natural Gas has confirmed that all retail fuel outlets across the country have sufficient supplies of LPG. Furthermore, India has enough petrol, diesel, and LPG stock for nearly 60 days, with a total storage capacity of about 74 days for crude oil and fuel. This ample supply should alleviate fears of a potential crisis.</p>
<p>Despite the reassurances, the backdrop of this situation is critical. India relies heavily on imports for its energy needs, meeting more than 40 percent of its crude imports and 90 percent of its LPG imports from West Asian countries. This dependency raises concerns about supply chain vulnerabilities, especially in times of geopolitical tensions or global market fluctuations.</p>
<p>In response to the panic buying, the government has urged citizens not to be misled by what they describe as a &#8220;deliberately mischievous, coordinated campaign of misinformation.&#8221; Officials have reiterated that every Indian refinery is operating at over 100 percent utilization, ensuring that the supply chain remains robust and responsive to consumer needs.</p>
<p>As of now, the LPG prices vary across major cities, with Delhi and Mumbai both seeing prices at ₹913 per cylinder, while Kolkata&#8217;s price stands at ₹942. Chennai and Bengaluru report prices of ₹929 and ₹918 respectively, and Hyderabad has the highest price at ₹955 per cylinder. These figures reflect the ongoing market dynamics but do not indicate a shortage in supply.</p>
<p>Looking ahead, the situation appears stable, but the government continues to monitor the market closely. The Ministry has called for calm and assured the public that there is no need to panic. However, details remain unconfirmed regarding any potential long-term impacts of the recent panic buying and how it might affect future supply and pricing.</p>
<p>The post <a href="https://berightnews.com/2026/03/26/lpg-gas-shortage/">LPG Gas Shortage: Is There Really a Crisis in India?</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Petrol Shortage in Hyderabad Causes Panic Buying</title>
		<link>https://berightnews.com/2026/03/25/petrol-shortage-in-hyderabad/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Wed, 25 Mar 2026 05:21:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Civil Supplies Department]]></category>
		<category><![CDATA[fuel consumption]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Hyderabad]]></category>
		<category><![CDATA[oil companies]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol shortage]]></category>
		<category><![CDATA[petrol stations]]></category>
		<category><![CDATA[Telangana]]></category>
		<category><![CDATA[Transportation]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/25/petrol-shortage-in-hyderabad/</guid>

					<description><![CDATA[<p>Hyderabad is experiencing a petrol shortage, prompting panic buying and long queues at petrol stations, despite government claims of no fuel shortage.</p>
<p>The post <a href="https://berightnews.com/2026/03/25/petrol-shortage-in-hyderabad/">Petrol Shortage in Hyderabad Causes Panic Buying</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>The petrol shortage in Hyderabad has triggered widespread panic buying, resulting in long queues at petrol stations across the city. Despite the Telangana government&#8217;s assurances that there is no fuel shortage, many petrol pumps have run out of fuel, displaying &#8216;no stock&#8217; signs.</p>
<p>Panic buying was ignited by rumors circulating on social media about a fuel shortage, leading residents to rush to petrol stations. Reports indicate that some stations have begun rationing fuel sales, limiting purchases to between 150 and 200 litres for two-wheelers.</p>
<p>The daily consumption of petrol in Telangana is approximately 35 lakh litres, while the state has around 3,600 petrol pumps. However, oil companies did not supply fuel over the weekend due to holidays, exacerbating the situation.</p>
<p>According to the Civil Supplies Department, the fuel supply mechanism is functioning normally, and they urge the public not to engage in panic buying. &#8220;I urge the public not to engage in panic buying,&#8221; stated Stephan Reveendra, IPS, Commissioner of the Civil Supplies Department.</p>
<p>Despite these reassurances, many residents are feeling the impact. A local resident, A Narendra, mentioned, &#8220;I came here after seeing posts about a fuel shortage on social media.&#8221; Another motorist, Sai Kumar, expressed frustration, saying, &#8220;Hundreds of vehicles are here for filling. I am here from almost 25 minutes.&#8221;</p>
<p>Temporary stock issues have been reported in areas like Bahadurpura and Mir Alam, where several petrol stations are struggling to meet demand. On a typical day, each pump sells between 10,000 and 12,000 litres of petrol, but on panic buying days, this number can surge to 13,000 litres by 6 PM.</p>
<p>Marri Amarender Reddy, president of the Telangana Petroleum Dealers Association, criticized the oil companies, stating, &#8220;When the situation is not right, the oil companies should not impose sudden rules and restrictions that directly affect the common citizens.&#8221;</p>
<p>Details remain unconfirmed regarding the exact reason for the sudden surge in demand, and the timeline for when normal fuel supply will resume is uncertain. The situation continues to develop as authorities monitor the fuel supply closely.</p>
<p>The post <a href="https://berightnews.com/2026/03/25/petrol-shortage-in-hyderabad/">Petrol Shortage in Hyderabad Causes Panic Buying</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Petrol Shortage in Ahmedabad: Panic Buying Amidst Misinformation</title>
		<link>https://berightnews.com/2026/03/24/petrol-shortage-in-ahmedabad/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 02:58:57 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[Bhupendra Patel]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Harsh Sanghavi]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[Logistics]]></category>
		<category><![CDATA[oil prices]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol shortage]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/24/petrol-shortage-in-ahmedabad/</guid>

					<description><![CDATA[<p>A sudden panic over petrol shortages in Ahmedabad has led to long queues at fuel stations, despite government assurances of sufficient supply.</p>
<p>The post <a href="https://berightnews.com/2026/03/24/petrol-shortage-in-ahmedabad/">Petrol Shortage in Ahmedabad: Panic Buying Amidst Misinformation</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>The wider picture</h2>
<p>The panic was reportedly caused by misinformation related to the ongoing conflict in West Asia, which has raised global concerns about oil supply. Long queues were witnessed at fuel stations across Ahmedabad as citizens rushed to fill their tanks amid fears of a petrol shortage. This surge in demand has led to significant disruptions, with several petrol pumps temporarily shutting down due to supply issues.</p>
<p>In response to the growing concern, Deputy Chief Minister Harsh Sanghavi urged citizens not to panic over rumors of a fuel shortage, stating, &#8220;There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic.&#8221; The Indian Oil Corporation has confirmed that adequate stock of petrol and diesel is available in Gujarat, despite approximately 30-40% of retail outlets facing supply issues due to logistics difficulties.</p>
<p>The panic buying situation was exacerbated by misinformation spread through social media platforms, particularly concerning the geopolitical tensions in West Asia. Fuel retailers have reported that India maintains a 70-day reserve of crude oil, indicating that there is no current shortage. &#8220;These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities,&#8221; said Sujata Sharma from the Indian Oil Corporation.</p>
<p>The state government has emphasized that it is closely monitoring the fuel supply situation and holding regular review meetings to ensure that the distribution of petrol and diesel remains uninterrupted. The recent implementation of an advance payment policy for fuel dealers was initiated due to refining losses faced by oil marketing companies, further complicating the supply chain.</p>
<p>As the situation develops, Harsh Sanghavi reassured the public, stating, &#8220;The government is fully prepared to ensure that petrol and diesel are available at all pumps.&#8221; He also urged citizens to disregard rumors circulating on social media, which have contributed to the panic.</p>
<p>Despite the current chaos, the government insists that there is no need for alarm. The price of crude oil has surged from USD 60 to USD 118-120 per barrel due to the conflict in West Asia, which has raised concerns about future supply. However, officials maintain that the existing reserves and supply chains are sufficient to meet the demand.</p>
<p>As the situation unfolds, officials are working to restore normalcy and reassure the public about the availability of fuel. The government is committed to ensuring that the panic subsides and that citizens can access petrol and diesel without further disruption.</p>
<p>The post <a href="https://berightnews.com/2026/03/24/petrol-shortage-in-ahmedabad/">Petrol Shortage in Ahmedabad: Panic Buying Amidst Misinformation</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Petrol news today: Urgent : Supply Concerns in Gujarat and Bangladesh</title>
		<link>https://berightnews.com/2026/03/24/petrol-news-today-urgent-supply-concerns-in-gujarat/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 02:57:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Bangladesh]]></category>
		<category><![CDATA[Federation of Gujarat Petroleum Dealers Association]]></category>
		<category><![CDATA[fuel shortages]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Gujarat]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[oil distribution]]></category>
		<category><![CDATA[panic buying]]></category>
		<category><![CDATA[petrol news]]></category>
		<category><![CDATA[petrol pumps]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/24/petrol-news-today-urgent-supply-concerns-in-gujarat/</guid>

					<description><![CDATA[<p>Panic buying and long queues at petrol pumps have been reported in Gujarat and Bangladesh due to fears of fuel shortages. Authorities assure adequate supplies.</p>
<p>The post <a href="https://berightnews.com/2026/03/24/petrol-news-today-urgent-supply-concerns-in-gujarat/">Petrol news today: Urgent : Supply Concerns in Gujarat and Bangladesh</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>What is causing the recent surge in panic buying at petrol pumps in Gujarat and Bangladesh? Social media rumors have led to long queues at petrol stations in Gujarat, where residents waited up to <strong>5 hours</strong> to fill their tanks. However, authorities have confirmed that there is no actual shortage of petrol or diesel in the state.</p>
<p>The Federation of Gujarat Petroleum Dealers Association has reassured the public, stating, <strong>&#8220;There is no actual shortage of petrol or diesel in the state,&#8221;</strong> according to spokesperson Dhimant Ghelani. The situation is exacerbated by temporary disruptions in the supply chain caused by recent holidays, but officials expect it to normalize within the week.</p>
<p>In contrast, the situation in Bangladesh is more precarious. The Bangladesh Petrol Pump Owners’ Association has warned of potential petrol pump shutdowns due to significant fuel shortages. Many petrol pumps in Dhaka and other areas have already closed, leading to a growing crisis.</p>
<p>Panic buying has also been reported in Bangladesh, mirroring the situation in Gujarat. The fuel crunch in Bangladesh is linked to global supply disruptions tied to tensions in West Asia, creating a precarious environment for fuel availability.</p>
<p>To address the situation in Gujarat, the Indian Oil Corporation (IOC) has introduced adjustments in lifting norms to ensure smoother fuel distribution. Two dealers can collectively procure up to <strong>20,000 litres</strong> of fuel at a time, which should help alleviate some concerns.</p>
<p>Officials in Gujarat are working to dispel fears of shortages, emphasizing that adequate supplies are in place. However, the uncertainty surrounding the situation in Bangladesh raises questions about the long-term implications for fuel availability in the region.</p>
<p>Details remain unconfirmed regarding the extent of the fuel crisis in Bangladesh and its potential impact on neighboring countries. As the situation evolves, both regions are urged to remain vigilant and informed.</p>
<p>The post <a href="https://berightnews.com/2026/03/24/petrol-news-today-urgent-supply-concerns-in-gujarat/">Petrol news today: Urgent : Supply Concerns in Gujarat and Bangladesh</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Haifa: Iran Missile Attack Strikes  Oil Refinery</title>
		<link>https://berightnews.com/2026/03/20/haifa-iran-missile-attack-strikes-oil-refinery/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 22:09:21 +0000</pubDate>
				<category><![CDATA[Trending]]></category>
		<category><![CDATA[Adani Ports]]></category>
		<category><![CDATA[cluster missiles]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Haifa]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[military sites]]></category>
		<category><![CDATA[missile attack]]></category>
		<category><![CDATA[oil refinery]]></category>
		<category><![CDATA[Revolutionary Guard]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/20/haifa-iran-missile-attack-strikes-oil-refinery/</guid>

					<description><![CDATA[<p>An Iranian missile has struck an oil refinery in Haifa, disrupting a significant portion of Israel's fuel supply. The attack is part of a broader offensive against Israel.</p>
<p>The post <a href="https://berightnews.com/2026/03/20/haifa-iran-missile-attack-strikes-oil-refinery/">Haifa: Iran Missile Attack Strikes  Oil Refinery</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2></h2>
<p>An Iranian missile struck an oil refinery in Haifa on March 19, 2026, causing significant disruption to Israel&#8217;s fuel supply. This facility is crucial, producing <strong>50 percent</strong> of the country&#8217;s domestic fuel supplies. Fortunately, power was briefly disrupted but was restored quickly, and no casualties have been reported from this specific attack.</p>
<p>The missile strike is part of a broader escalation in hostilities, with Iran&#8217;s Revolutionary Guard confirming that they targeted refineries and military sites in their offensive against Israel. This attack is one of several, as Iran has intensified its missile offensive, launching <strong>nine strikes</strong> in a single day across key regions, including Haifa.</p>
<p>In a related incident, an elderly couple tragically lost their lives in Ramat Gan due to a cluster missile strike, underscoring the human cost of this ongoing conflict. Iran has confirmed the use of cluster-capable Khorramshahr-4 and Qadr ballistic missiles in these attacks, raising concerns over the escalation of violence.</p>
<p>Despite the chaos, Adani Ports&#8217; Haifa port facility has reportedly returned to full operational status, according to a Morgan Stanley report. This is significant as the Haifa port represents a key component of Adani Ports &#038; SEZ&#8217;s international expansion strategy.</p>
<p>As the situation develops, further missile strikes and retaliatory actions are anticipated, leaving many uncertainties about the immediate future. Details remain unconfirmed regarding the full extent of the damage and the potential for further escalation in the region.</p>
<p>The post <a href="https://berightnews.com/2026/03/20/haifa-iran-missile-attack-strikes-oil-refinery/">Haifa: Iran Missile Attack Strikes  Oil Refinery</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Iocl: Ensuring Uninterrupted Fuel Supply and New Apprenticeship Opportunities</title>
		<link>https://berightnews.com/2026/03/13/iocl-ensuring-uninterrupted-fuel-supply-and-new/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 23:28:27 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[apprenticeship]]></category>
		<category><![CDATA[Energy Sector]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[interim dividend]]></category>
		<category><![CDATA[IOCL]]></category>
		<category><![CDATA[Petroleum]]></category>
		<category><![CDATA[Recruitment]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/13/iocl-ensuring-uninterrupted-fuel-supply-and-new/</guid>

					<description><![CDATA[<p>Indian Oil Corporation Limited (IOCL) has assured that fuel supply remains uninterrupted across the country while also announcing new apprenticeship opportunities.</p>
<p>The post <a href="https://berightnews.com/2026/03/13/iocl-ensuring-uninterrupted-fuel-supply-and-new/">Iocl: Ensuring Uninterrupted Fuel Supply and New Apprenticeship Opportunities</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Uninterrupted Fuel Supply</h2>
<p>Indian Oil Corporation Limited (IOCL) has assured consumers that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.</p>
<h2>Apprenticeship Recruitment 2026</h2>
<p>In addition to ensuring fuel supply, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification, which aims to fill 405 apprentice posts. This recruitment drive is designed to engage trade, technician, and graduate apprentices under the Apprentices Act.</p>
<p>Candidates interested in applying for the apprenticeship programme must meet specific educational and age requirements outlined in the official notification. The minimum age to apply is 18 years, while the maximum age is set at 24 years.</p>
<p>The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities, equipping them with valuable skills for the oil and energy sector.</p>
<h2>Interim Dividend Announcement</h2>
<p>Furthermore, Indian Oil Corporation Ltd has announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This announcement reflects IOCL&#8217;s commitment to returning value to its shareholders amidst ongoing operations.</p>
<p>As IOCL continues to navigate the complexities of the energy market, the company remains focused on maintaining its supply chain and providing opportunities for skill development through its apprenticeship programme.</p>
<p>Details remain unconfirmed regarding any future changes in fuel supply dynamics or additional recruitment initiatives beyond the current announcements.</p>
<p>The post <a href="https://berightnews.com/2026/03/13/iocl-ensuring-uninterrupted-fuel-supply-and-new/">Iocl: Ensuring Uninterrupted Fuel Supply and New Apprenticeship Opportunities</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>Iocl: Indian Oil Corporation Limited Ensures Uninterrupted Fuel Supply and Announces Recruitment</title>
		<link>https://berightnews.com/2026/03/12/iocl-indian-oil-corporation-limited-ensures-uninterrupted/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 14:13:39 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[apprenticeship]]></category>
		<category><![CDATA[dividend]]></category>
		<category><![CDATA[Energy Sector]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[Indian Oil Corporation]]></category>
		<category><![CDATA[IOCL]]></category>
		<category><![CDATA[Petroleum]]></category>
		<category><![CDATA[Recruitment]]></category>
		<category><![CDATA[technical training]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/12/iocl-indian-oil-corporation-limited-ensures-uninterrupted/</guid>

					<description><![CDATA[<p>Indian Oil Corporation Limited (IOCL) has assured that fuel supply across the country remains uninterrupted while also announcing a recruitment drive for apprentices.</p>
<p>The post <a href="https://berightnews.com/2026/03/12/iocl-indian-oil-corporation-limited-ensures-uninterrupted/">Iocl: Indian Oil Corporation Limited Ensures Uninterrupted Fuel Supply and Announces Recruitment</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Uninterrupted Fuel Supply</h2>
<p>Indian Oil Corporation Limited (IOCL) has assured that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.</p>
<h2>Apprenticeship Recruitment 2026</h2>
<p>In addition to ensuring fuel supply, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification for 405 apprentice posts. This recruitment drive aims to engage trade, technician, and graduate apprentices under the Apprentices Act. Candidates must meet educational and age requirements specified in the official notification to apply for the apprenticeship programme.</p>
<p>The minimum age to apply for the apprenticeship is 18 years, while the maximum age is set at 24 years. The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities.</p>
<h2>Interim Dividend Announcement</h2>
<p>Furthermore, Indian Oil Corporation Ltd has announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This dividend announcement reflects the company&#8217;s ongoing commitment to its shareholders amidst its operational activities.</p>
<p>As IOCL continues to manage its fuel supply and recruitment efforts, the company remains a vital player in the oil and energy sector in India. Details remain unconfirmed regarding any potential changes in operational strategies or future recruitment initiatives.</p>
<p>The post <a href="https://berightnews.com/2026/03/12/iocl-indian-oil-corporation-limited-ensures-uninterrupted/">Iocl: Indian Oil Corporation Limited Ensures Uninterrupted Fuel Supply and Announces Recruitment</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>LPG Production and Supply Adjustments Amid Rising Demand</title>
		<link>https://berightnews.com/2026/03/11/lpg-production-and-supply-adjustments-amid-rising-demand/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 23:09:15 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[black marketing]]></category>
		<category><![CDATA[domestic use]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[geopolitical tensions]]></category>
		<category><![CDATA[government policy]]></category>
		<category><![CDATA[household supply]]></category>
		<category><![CDATA[LPG]]></category>
		<category><![CDATA[oil refineries]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/11/lpg-production-and-supply-adjustments-amid-rising-demand/</guid>

					<description><![CDATA[<p>The Ministry of Petroleum and Natural Gas has taken significant steps to prioritize LPG supply for households amid ongoing global tensions affecting fuel availability.</p>
<p>The post <a href="https://berightnews.com/2026/03/11/lpg-production-and-supply-adjustments-amid-rising-demand/">LPG Production and Supply Adjustments Amid Rising Demand</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Government Orders Increased LPG Production</h2>
<p><strong>The ministry has prioritised domestic LPG supply to households and introduced a 25-day inter-booking period to avoid hoarding and black marketing.</strong> This statement from the Ministry of Petroleum and Natural Gas underscores the urgency of addressing the current challenges in the LPG supply chain. With rising global tensions impacting fuel availability, the government has mandated oil refineries to ramp up production specifically for domestic use.</p>
<p>The recent geopolitical conflicts in West Asia have created significant disruptions in the global fuel supply chain, prompting the government to take decisive action. In response, the Ministry has prioritized domestic LPG supply to ensure that households are adequately serviced. This move is particularly critical as many families rely on LPG for cooking and heating.</p>
<h2>Measures to Combat Hoarding and Ensure Supply</h2>
<p>To further stabilize the situation, a 25-day inter-booking period has been implemented. This measure aims to prevent hoarding and black marketing of LPG, which has become a concern as demand surges. The government is keen to ensure that the available supply is distributed fairly and efficiently to meet the needs of the population.</p>
<p>In addition to prioritizing household supply, the government is also focusing on essential sectors. Non-domestic supplies from imported LPG are being directed towards critical services such as hospitals and educational institutions. This strategic allocation is intended to safeguard public health and education during these challenging times.</p>
<h2>Impact on Commercial LPG Supply</h2>
<p>However, the situation remains precarious. Reports indicate that LPG supply disruptions have led to refill delays ranging from 2 to 8 days in major cities like Mumbai. Furthermore, the supply of commercial LPG cylinders has been completely halted, significantly affecting hotels and restaurants. P C Rao, a representative from the hospitality sector, noted, <strong>&#8220;Only about 10% of hotels and restaurants in Bengaluru received their LPG supply today.&#8221;</strong> This highlights the severe impact on businesses that rely on consistent LPG access for their operations.</p>
<p>To address the ongoing challenges, a committee composed of three Executive Directors from Oil Marketing Companies has been established. This committee is tasked with reviewing LPG supply requests from non-domestic sectors, aiming to streamline the process and ensure that essential services receive the fuel they need.</p>
<h2>Looking Ahead</h2>
<p>As the government continues to navigate these complexities, the focus remains on stabilizing the LPG supply chain and ensuring that households are prioritized. The introduction of new measures reflects a proactive approach to managing the crisis and mitigating the effects of global disruptions. Stakeholders are closely monitoring the situation, and further developments are expected as the government seeks to balance domestic needs with the realities of the global fuel market.</p>
<p>The post <a href="https://berightnews.com/2026/03/11/lpg-production-and-supply-adjustments-amid-rising-demand/">LPG Production and Supply Adjustments Amid Rising Demand</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>ESMA Act Invocation for LPG Supply in India</title>
		<link>https://berightnews.com/2026/03/10/esma-act-invocation-for-lpg-supply-in-india/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 15:03:51 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[domestic gas]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[ESMA Act]]></category>
		<category><![CDATA[Essential Commodities Act]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[geopolitical disruptions]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[LPG supply]]></category>
		<category><![CDATA[Ministry of Petroleum]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/10/esma-act-invocation-for-lpg-supply-in-india/</guid>

					<description><![CDATA[<p>The Indian government has invoked the ESMA Act to secure the supply of liquefied petroleum gas (LPG) for domestic use. This decision comes in response to ongoing geopolitical tensions affecting fuel supplies.</p>
<p>The post <a href="https://berightnews.com/2026/03/10/esma-act-invocation-for-lpg-supply-in-india/">ESMA Act Invocation for LPG Supply in India</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On March 10, 2023, in New Delhi, India, the Union Government invoked the Essential Commodities Act (ESMA) to ensure an uninterrupted supply of liquefied petroleum gas (LPG) for domestic cooking needs. This action was prompted by ongoing geopolitical disruptions affecting fuel supplies, particularly due to the West Asia Conflict.</p>
<h2>Government Directives</h2>
<p>The Ministry of Petroleum and Natural Gas issued orders directing oil refineries and petrochemical units to maximize LPG production specifically for domestic use. This initiative aims to prioritize energy security for households across the country.</p>
<p>In addition, the government has classified natural gas supply to certain sectors as a priority allocation. Fertilizer plants are mandated to maintain seventy percent of their past six-month average gas consumption, while gas marketing entities must ensure eighty percent gas supply to tea industries and other industrial consumers.</p>
<p>City Gas Distribution entities are also required to provide eighty percent gas supply to industrial and commercial consumers. Conversely, oil refining companies have been ordered to reduce their gas allocation to approximately sixty-five percent of their past six-month gas consumption.</p>
<h2>Measures to Prevent Hoarding</h2>
<p>To prevent hoarding and black marketing, a 25-day inter-booking period has been introduced. This measure is designed to regulate the availability and equitable distribution of petroleum products and natural gas, ensuring that the needs of consumers are met without disruption.</p>
<p>Every producer, importer, transporter, marketer, or distributor of natural gas is now required to furnish information to the Central Government, further enhancing transparency in the supply chain.</p>
<h2>Current Status</h2>
<p>As of now, the government is actively monitoring the situation to ensure that domestic LPG supply remains stable. The invocation of the ESMA Act reflects the government&#8217;s commitment to safeguarding energy security for its citizens during challenging times.</p>
<h2>Significance of the ESMA Act Invocation</h2>
<p>This sequence of events is crucial for various stakeholders, including households relying on LPG for cooking and industries dependent on natural gas. The government&#8217;s proactive measures aim to mitigate the impact of external disruptions on domestic fuel supply, ensuring that essential services continue without interruption.</p>
<p>As the situation evolves, the government&#8217;s actions under the ESMA Act will play a vital role in maintaining stability in the energy sector.</p>
<p>The post <a href="https://berightnews.com/2026/03/10/esma-act-invocation-for-lpg-supply-in-india/">ESMA Act Invocation for LPG Supply in India</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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		<title>LPG Production and Supply: Government Orders Increase Amid Disruptions</title>
		<link>https://berightnews.com/2026/03/10/lpg-production-and-supply-government-orders-increase-amid-2/</link>
		
		<dc:creator><![CDATA[newsroom]]></dc:creator>
		<pubDate>Tue, 10 Mar 2026 15:01:38 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[black marketing]]></category>
		<category><![CDATA[commercial LPG]]></category>
		<category><![CDATA[domestic use]]></category>
		<category><![CDATA[fuel supply]]></category>
		<category><![CDATA[geopolitical tensions]]></category>
		<category><![CDATA[household supply]]></category>
		<category><![CDATA[LPG]]></category>
		<category><![CDATA[oil refineries]]></category>
		<guid isPermaLink="false">https://berightnews.com/2026/03/10/lpg-production-and-supply-government-orders-increase-amid-2/</guid>

					<description><![CDATA[<p>The Ministry of Petroleum and Natural Gas has prioritized domestic LPG supply, implementing measures to combat hoarding and ensure availability.</p>
<p>The post <a href="https://berightnews.com/2026/03/10/lpg-production-and-supply-government-orders-increase-amid-2/">LPG Production and Supply: Government Orders Increase Amid Disruptions</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>Government Measures to Increase LPG Production</h2>
<p><strong>The ministry has prioritised domestic LPG supply to households and introduced a 25 day inter-booking period to avoid hoarding/black marketing.</strong> This statement from the Ministry of Petroleum and Natural Gas highlights the urgent measures being taken to address the current challenges in LPG supply.</p>
<p>The government has ordered oil refineries to ramp up LPG production specifically for domestic use, reflecting a proactive approach to ensure that households have access to this essential fuel. The recent disruptions in LPG supply have led to refill delays ranging from 2 to 8 days in major cities like Mumbai, prompting the need for these swift actions.</p>
<h2>Impact of Global Events on LPG Supply</h2>
<p>Geopolitical tensions, particularly the ongoing conflict in West Asia, have significantly impacted the global fuel supply chain. As a result, the government has prioritized domestic LPG supply, recognizing the critical need for stability in household fuel access during these uncertain times.</p>
<p>In addition to prioritizing domestic supply, the Ministry has implemented a 25-day inter-booking period for LPG refills. This measure aims to mitigate issues of hoarding and black marketing, which have become increasingly prevalent as consumers rush to secure their supplies amid fears of shortages.</p>
<h2>Challenges Faced by Commercial Users</h2>
<p>While the focus remains on ensuring households receive their LPG supplies, the situation for commercial users is dire. Reports indicate that the supply of commercial LPG cylinders has been completely halted, severely affecting hotels and restaurants. P C Rao, a representative from the hospitality sector, stated, <strong>&#8220;Only about 10% of hotels and restaurants in Bengaluru received their LPG supply today.&#8221;</strong> This stark reality underscores the challenges faced by businesses reliant on LPG for their operations.</p>
<p>To address the needs of essential sectors, the government has prioritized non-domestic supplies from imported LPG for critical services such as hospitals and educational institutions. A committee of three Executive Directors from Oil Marketing Companies has been established to review LPG supply requests from these non-domestic sectors, ensuring that the most urgent needs are met.</p>
<h2>Looking Ahead</h2>
<p>As the government continues to navigate these challenges, the focus remains on stabilizing the LPG supply chain and ensuring that households and essential services are adequately supported. The introduction of the inter-booking period and the prioritization of domestic production are steps in the right direction, but the ongoing geopolitical situation may continue to pose challenges.</p>
<p>Details remain unconfirmed regarding the long-term implications of these measures, but the immediate goal is clear: to secure a reliable supply of LPG for all consumers during this period of uncertainty.</p>
<p>The post <a href="https://berightnews.com/2026/03/10/lpg-production-and-supply-government-orders-increase-amid-2/">LPG Production and Supply: Government Orders Increase Amid Disruptions</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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