Liquefied petroleum gas & Indian Oil Corporation
9 shared events · Importance 3 · Last updated May 29, 2026
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Business
Liquefied petroleum gas: Commercial LPG prices were reduced, providing relief to businesses; domestic prices unchanged.
Indian Oil Corporation: As a major oil marketing company, it reduced commercial LPG prices, potentially impacting its margins but aligning with government policy.
Aug 01, 2026 · 6 articles
Domestic
Liquefied petroleum gas: Liquefied petroleum gas (LPG) is the primary commodity for which India is seeking to expand its strategic reserves due to supply disruptions from West Asia.
Indian Oil Corporation: As a state-run fuel retailer, Indian Oil Corporation has been asked by the government to prepare plans for additional LPG storage capacity, which will involve significant investment and operational adjustments.
May 29, 2026 · 9 articles
Regulatory
Liquefied petroleum gas: LPG faces reduced household demand as PNG adoption is promoted, though it remains a key fuel during the transition.
Indian Oil Corporation: As a public-sector OMC, IOC is involved in LPG distribution and CGD, and may see shifts in its business mix.
Aug 23, 2026 · 8 articles
Regulatory
Liquefied petroleum gas: Ethanol as a cooking fuel could reduce India's LPG import dependence, potentially impacting LPG demand in the long term.
Indian Oil Corporation: As a major OMC, Indian Oil Corporation participated in the evaluations and is involved in developing ethanol cooking alternatives, benefiting from ethanol procurement.
Aug 10, 2026 · 6 articles
Business
Liquefied petroleum gas: The prices of commercial Liquefied petroleum gas cylinders have been reduced by oil marketing companies, providing relief to businesses. This is a separate but related development to the fuel price cuts.
Indian Oil Corporation: Indian Oil Corporation, a state-owned fuel retailer, has kept its petrol and diesel prices unchanged despite Nayara Energy's reductions. This could lead to a temporary disadvantage in price competitiveness compared to Nayara Energy.
Jul 01, 2026 · 25 articles
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