Centre Orders Oil And Gas Firms To Share Export And Inventory Data

25 Mar 2026 CW Team

The data collection is intended to enable faster, more targeted interventions such as export restrictions or calibrated export flows to safeguard domestic energy security. Prashant Vashisth, vice president at Moody's affiliate ICRA, said India could use excess refining capacity to prioritise supplies to friendly or strategically aligned countries after meeting local demand. He added that availability is becoming a greater concern than price.

The order covers all companies in the oil and gas chain, including producers, importers, refiners, fuel and gas retailers, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) importers, pipeline operators and petrochemical plants. Any curbs on fuel exports would primarily affect Reliance Industries, operator of the world's biggest refining complex, while several other refiners have largely halted exports. India is the world's fourth-largest refiner and third-biggest oil importer and consumer and meets over 90 per cent of its oil needs through overseas purchases.

Despite government assurances that supplies and refined fuel stocks are adequate, the country faces a severe cooking gas crisis as shipments from the Strait of Hormuz are almost halted and more than 40 per cent of crude imports and 90 per cent of liquefied petroleum gas imports come from the Middle East. The government has invoked emergency powers to order refiners to maximise LPG production and curtail sales to industry to avoid shortages for its 333 million homes with LPG connections while PPAC collects data to guide policy responses.

India ordered oil and gas companies to share information on exports, imports and inventories with the Petroleum Planning and Analysis Cell (PPAC) to guard against shortages amid rising global prices triggered by the US-Israeli war on Iran. The government order requires firms to provide data regardless of any contract, agreement or confidentiality obligation and bars refusal on grounds of commercial sensitivity or proprietary claims. The directive applies across the fuel and gas supply chain. The data collection is intended to enable faster, more targeted interventions such as export restrictions or calibrated export flows to safeguard domestic energy security. Prashant Vashisth, vice president at Moody's affiliate ICRA, said India could use excess refining capacity to prioritise supplies to friendly or strategically aligned countries after meeting local demand. He added that availability is becoming a greater concern than price. The order covers all companies in the oil and gas chain, including producers, importers, refiners, fuel and gas retailers, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) importers, pipeline operators and petrochemical plants. Any curbs on fuel exports would primarily affect Reliance Industries, operator of the world's biggest refining complex, while several other refiners have largely halted exports. India is the world's fourth-largest refiner and third-biggest oil importer and consumer and meets over 90 per cent of its oil needs through overseas purchases. Despite government assurances that supplies and refined fuel stocks are adequate, the country faces a severe cooking gas crisis as shipments from the Strait of Hormuz are almost halted and more than 40 per cent of crude imports and 90 per cent of liquefied petroleum gas imports come from the Middle East. The government has invoked emergency powers to order refiners to maximise LPG production and curtail sales to industry to avoid shortages for its 333 million homes with LPG connections while PPAC collects data to guide policy responses.

Infrastructure Urban

25 Mar 2026

Flender Unveils N-ZAPEX Gear Couplings for Cost-Effective Operation

Flender has unveiled its new N-ZAPEX gear couplings, setting a new industry standard for drive applications in harsh conditions, such as those found in steel, cement, mining, and oil & gas industries. Designed to deliver economic benefits over the entire lifecycle, the N-ZAPEX series offers the highest torque density and misalignment capacities on the market.The N-ZAPEX is available in two versions, XN and XW, each tailored to meet different customer requirements. The XN variant focuses on standardisation, reduced complexity, and cost-effectiveness for smaller sizes, featuring reusable com..

Infrastructure Urban

25 Mar 2026

Anil Agarwal Calls for Entrepreneurial Role in Natural Resource PSUs

Anil Agarwal, Chairman of Vedanta, has highlighted the transformative potential of greater entrepreneurial involvement in India's public sector companies within the natural resources space. In a LinkedIn post, he emphasised the importance of empowering India’s pool of entrepreneurs alongside skilled public-sector talent to strengthen domestic production and reduce the country’s reliance on imports.Agarwal drew comparisons with India’s agricultural success, where self-sufficiency and surplus production were achieved. He suggested that a similar approach could unlock substantial value in p..

Technology

25 Mar 2026

Advaiya Launches Change Log Archival App for Microsoft Dynamics 365

Advaiya has launched its Change Log Archival app for Microsoft Dynamics 365 Business Central on the Microsoft Marketplace. The app enables organisations to securely archive large volumes of change log data outside the core ERP system while ensuring auditability, compliance, and traceability.As organisations face growing change log records that increase database size and impact system performance, the Change Log Archival app addresses these challenges by archiving historical logs to Azure Blob Storage. This solution optimises storage, maintains data integrity, and ensures accessibility, allowin..