India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, ...

The new strategic oil reserves in Bikaner, Mangalore and Bina will boost emergency stockpiles, enhance energy security and ...

India is planning to build three more strategic oil storage facilities to boost its energy security. These new reserves, ...

India plans to build its first privately managed strategic petroleum reserve (SPR) by 2029-30, granting the operator the freedom to trade all of the stored oil, the chief executive of Indian ...

India's combined strategic oil reserve capacity of 5.33 million Mt at three locations in southern Indian -- Vishakhapatnam, Mangaluru and Padur -- is just over half full.

India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel, saving nearly US$700 million in the process, India’s Ministry of ...

India is turning to OPEC to feed its insatiable appetite for oil and fill its strategic petroleum reserves. Prime Minister Modi's new budget would allow foreign oil companies to avoid paying taxes ...

The world's third-largest oil importer, India, plans to release crude oil from its strategic petroleum reserves The United States has asked the top Asian consumers India, Japan, China, and South ...

India, the world’s third largest oil consumer and importer, on Saturday said it would tap into its national stockpile for oil reserves in an effort to curb rising global energy prices amid ...

Petroleum Reserve In India: So far, India has allowed only partial commercialisation for its three existing SPRs in southern India, which have a combined capacity of 36.7 million barrels.